The supply and demand imbalance on the beauty mergers and acquisitions front is changing the dynamics between buyer and seller.
Bankers say it’s still a seller’s market, but they don’t expect the number of transactions to materially increase from a year ago. Moreover, the imbalance between the demand from financial — and now strategic — buyers interested in investing and the limited supply of really good, quality brands that are available for purchase also has changed the M&A dynamics from the size of the potential target to how a deal might be structured, and to even a quicker close of the transaction.
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)