It's a Good Hair Day for Coty with £420m GHD takeover

It's a Good Hair Day for Coty with £420m GHD takeover
 

British hair straightener maker GHD is being sold for £420m to an American company that owns some of the world's best-known hair styling brands.
GHD - "Good Hair Day" - was founded by three entrepreneurs in Bradford in 2001 for £15,000.
Since then its ceramic straightening irons and hairdryers have become popular with stylists and celebrities.
US firm Coty is acquiring the business, where it will sit alongside global hair care brands such as Wella and Clairol.
The deal comes weeks after Coty became the world's third-largest beauty firm following a $12.5bn (£10.3bn) takeover of... read more

 
17 October 2016 in Business, Views: 41
Source: BBC
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