Procter & Gamble Co. said Tuesday that it has signed an agreement to purchase Frédéric Fekkai & Co. in an effort to boost its prestige hair care fortunes.
P&G Beauty acquired Fekkai from Catterton Partners, a consumer-focused private equity firm based in Greenwich, Conn. The brand had been managed by Chrysallis, one of Catterton Partners' management companies.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)