E.l.f. Cosmetics Shakes Up Beauty Industry with $1 Billion Rhode Acquisition!

"E.l.f. Cosmetics Boosts Beauty with $1 Billion Rhode Deal!"

E.l.f is acquiring Hailey Bieber's skincare brand Rhode for $1 billion, enhancing its market presence and appealing to Gen-Z consumers.
Rachel Patel29 May 2025Last Update :
E.l.f. Cosmetics Shakes Up Beauty Industry with $1 Billion Rhode Acquisition!
www.businessoffashion.com

E.l.f. Beauty’s recent announcement to acquire Hailey Bieber’s Rhode for $1 billion marks a significant shift in the global beauty landscape. This blockbuster deal, revealed on 2025-05-28 23:59:00, brings together two innovative brands aiming to capture the Gen-Z market.

6 Key Takeaways
  • E.l.f acquires Hailey Bieber's Rhode for $1 billion.
  • Rhode generated $212 million in net sales.
  • E.l.f. known for affordable, innovative beauty products.
  • Sales growth slowing for E.l.f. recently.
  • Bieber remains involved as brand co-founder.
  • Rhode enhances E.l.f.'s appeal to Gen-Z consumers.

Rhode, founded in 2022, has quickly gained traction with its high-tech skincare products, generating $212 million in net sales from just ten items. E.l.f., known for its affordable yet quality offerings, has seen consistent growth over the past decade, making this merger a strategic move to enhance both brands’ reach.

Fast Answer: E.l.f.’s acquisition of Rhode will strengthen its market position, appealing to younger consumers globally while enhancing product diversity and distribution channels.

This acquisition raises important questions about the future of celebrity-driven beauty brands. Can Rhode maintain its momentum under E.l.f.’s umbrella, or will it lose its unique identity? The merger could redefine market dynamics across various regions.

  • In the Americas, the acquisition could enhance E.l.f.’s appeal to Gen-Z consumers.
  • European markets may witness increased demand for Rhode’s innovative products in Sephora stores.
  • Asia-Pacific could see a rise in cross-brand marketing strategies leveraging both companies’ strengths.
The merger signifies a potential shift in consumer preferences, as brands adapt to the evolving beauty landscape.

As E.l.f. and Rhode prepare to integrate, the beauty industry will be watching closely. Will this partnership redefine beauty standards and consumer expectations globally? The coming months will reveal the true impact of this strategic alliance.

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