The French beauty giant paid $1.3 billion in cash for the three U.S. skin-care brands.
The $3 million deal still requires bankruptcy court approval.
The Sports Direct boss is looking to move upmarket.
The partners have created a joint venture to invest in South Korean refund operator CubeRefund.
Cohen, a real estate and film entrepreneur, has long been a Richard James client.
Boohoo confirmed it had finalized the purchase of the bankrupt online retailer.
The deal should be finalized in the first trimester of this year.
It just sold a 49% stake in its Philippines business last week but denied it was in similar talks with Indonesian retailer Mitra Adiperkasa.
The transaction is expected to close during the first quarter of 2017.
Financial sources expect that for Unilever to consider a deal, Kraft would have to raise its price.
The private equity firm is joined in the $500 million purchase by Bow Street and Adama Partners.
Speculation has centered on a deal by midsummer at $24 or $25 a share.
Kate Spade & Co. confirmed that it is reviewing its strategic alternatives and posted fourth-quarter gains in sales and profits.