Market News
New product launches
- In January 2021, Dyson, a technology company vacuum cleaners, hair dryers, hair straighteners, hair stylers, air purifiers, humidifiers, hand dryers and lighting. Dyson launched the Corrale straightener with flexing copper plates that shape to gather hair for enhanced styling with reduced damage.
- In June 2022, T3 launched AireBrush Duo, a 2-in-1 dryer brush with interchangeable barrels for voluminous blowouts and bouncy curls.
Acquisition and partnerships
- In October 2021, Helen of Troy Limited, a U.S.-based publicly traded designer, developer and worldwide marketer of consumer brand-name housewares, health and home, and beauty products under owned and licensed brands, acquired Drybar Products LLC, a premium hair styling brand, to expand its consumer beauty segment
- In January 2022, L’Oréal SA, which engages in the manufacture and sale of beauty and hair products, announced the acquisition of Youth to the People, a vegan skincare brand, to strengthen its portfolio of beauty brands
- In April 2021, Ulta Beauty Inc (Ulta Beauty), a specialty retailer that operates beauty shops, which are involved in offering a broad range of beauty products, Target announced a partnership to open Ulta Beauty shop-in-shops in 100 Target stores and on Target.com starting in 2021.
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