×
870
Fashion Jobs
EASY JOB CENTRE
Senior Business Analyst (Garment Manufacturer) (Ref no.: 055469)
Permanent · HONG KONG
EASY JOB CENTRE
Garment Technician (Woven) (Ref no.: 039588)
Permanent · HONG KONG
EASY JOB CENTRE
Sales Executive (Trims) (Ref no.: 055612)
Permanent · HONG KONG
EASY JOB CENTRE
Diamond Sales Executive (Hong Kong & ap) (Fine Jewelry) (Ref no.: 051416)
Permanent · HONG KONG
EASY JOB CENTRE
Senior IT Manager (Corporate Systems) (Garment) (Ref no.: 055468)
Permanent · HONG KONG
EASY JOB CENTRE
Quality Control Manager(Woven) (Ref no.: 052865)
Permanent · HONG KONG
EASY JOB CENTRE
Assistant IT Manager (Garment) (Ref no.: 054657)
Permanent · HONG KONG
EASY JOB CENTRE
Senior Sales Executive (Fine Jewellery) (Ref no.: 044839)
Permanent · HONG KONG
EASY JOB CENTRE
Supply Chain Manager (Trims) (Ref no.: 055810)
Permanent · HONG KONG
BESTEAM PERSONNEL CONSULTANCY LTD.
Merchandising Manager (Woven High Fashion)
Permanent ·
AC LINK RECRUITMENT
Merchandising Manager (Retail)
Permanent · Hong Kong
PINE RECRUITMENT LIMITED
Buyer / Senior Buyer - Menswear
Permanent · HONG KONG
UNIVERSAL DESIGN (INTERNATIONAL) LIMITED
Promotion / Hpp / Visual Merchandising Manager
Permanent · HONG KONG
EASY JOB CENTRE
Sales And Marketing Executive (Knit Fabric) (Ref no.: 054128)
Permanent · HONG KONG
EASY JOB CENTRE
Senior Sales Executive (Knit Fabric) (Ref no.: 054129)
Permanent · HONG KONG
EASY JOB CENTRE
Associate Sales And Marketing Executive (Knit Fabric) (Ref no.: 049221)
Permanent · HONG KONG
EASY JOB CENTRE
Merchandising Manager (Sweater) (Ref no.: 054695)
Permanent · HONG KONG
EASY JOB CENTRE
Assistant Merchandising Manager (Sweater) (Ref no.: 054710)
Permanent · HONG KONG
EASY JOB CENTRE
Sales Manager (Garment, Woven/ Denim) (Ref no.: 040735)
Permanent · HONG KONG
BESTEAM PERSONNEL CONSULTANCY LTD.
Technical Manager-- (Garment – Station in Dongguan Office)
Permanent ·
EASY JOB CENTRE
Technical Manager (Woven)
Permanent · HONG KONG
EASY JOB CENTRE
Director (Woven - R&D) (Ref no.: 055733)
Permanent · HONG KONG

Henkel to boost beauty care portfolio with DevaCurl acquisition

Published
today Nov 12, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

German chemical and consumer goods company Henkel announced on Monday that it has signed an agreement to acquire NYC-based Deva Parent Holdings, Inc., owner of high-growth specialist professional haircare brand DevaCurl, from a fund managed by Ares Management Corporation’s private equity group.


DevaCurl offers a range of products for curly and wavy hair - Photo: DevaCurl

 
The deal is part of Henkel’s wider strategy to improve its position in fast-growing and attractive markets and categories, and is intended to strengthen its professional haircare business.

Founded in 1994, DevaCurl offers a range of care and styling products for curly and wavy hair, including a portfolio of both vegan and “free from” formulas.

The brand’s products, which include styling products and accessories, as well as treatments, cleansers and conditioners, are distributed in leading U.S. salons and can also be purchased in select retailers, such as Sephora and Ulta, as well as through direct-to-consumer and e-commerce channels.
 
Henkel believes the business, which is expected to generate sales of around $100 million in 2019 and currently employs around 200 people, is highly complementary to its existing beauty business.
 
“DevaCurl is one of the fastest-growing ‘Premium Professional’ hair care brands in the U.S.,” said Jens-Martin Schwärzler, EVP responsible for Henkel’s beauty care business, in a release. “The brand is a perfect fit for our beauty care business and will reinforce the growth momentum of our hair professional portfolio in the world’s largest hair professional market.”
 
With operations in adhesive technologies, homecare and beauty, Henkel reported around 20 billion euros (approximately $22 billion) in sales in 2018 and employs some 53,000 people around the world.
 
The company’s deal to acquire Deva Parent Holdings is subject to customary closing conditions, including regulatory approvals.

Copyright © 2019 FashionNetwork.com All rights reserved.