Monday’s raid triggered speculation that Australia’s largest department store chain is in play.
Final bids were due on Monday for Kate Spade.
The business is known for its complexion products, including the Vanish Seamless Foundation Stick.
The brand plans to grow in existing channels, with a focus on content and digital.
Andalou Naturals, Derma E, Kiss My Face and other natural beauty brands are said to be on the market.
The business has been backed by Tengram Capital since 2012.
The deal covers the apparel and accessories, steaks and wine businesses.
The Spanish perfumery chain holds more than 200 stores and two online shops.
The intimates firm is best known for its proprietary quiz to help women find the best fit.
HBC has made several acquisitions through its long history.