LONDON — Palamon Capital Partners said it has purchased a majority stake in Feelunique.com, an online retailer of premium beauty products, in a deal valuing the company at 26 million pounds, or $41.6 million at current exchange rates.
Palamon said in a statement it would provide further capital to support the company’s growth plan. Sirius Equity will invest alongside Palamon, and its co-founders Robert Bensoussan and Jim Sharp will join the e-tailer's board of directors. Bensoussan will take up the role of chairman while Sharp will become a non-executive director.
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)