BERLIN — Henkel AG is strengthening its hold on the U.S. hair-care market.
The Düsseldorf-based maker of Schwarzkopf, Dial and Persil said it has signed an agreement with TSG Consumer Partners to acquire three U.S. professional hair brands in a cash deal worth 270 million euros, or $368.2 million at current exchange.
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)