02.02.22
Famille C, the owner of the Clarins brand, will acquire indie makeup and skin care brand Ilia Beauty, according to reports.
The holding company also made a $9 million investment in direct-to-consumer brand Pai in 2021, as reported in Happi.
Ilia was forecasted by market research firm Kline & Company as a “hot indie beauty brand to watch” in Happi’s January 2022 edition.
At press time, a purchase price was not disclosed for the Ilia Beauty deal.
The holding company also made a $9 million investment in direct-to-consumer brand Pai in 2021, as reported in Happi.
Ilia was forecasted by market research firm Kline & Company as a “hot indie beauty brand to watch” in Happi’s January 2022 edition.
At press time, a purchase price was not disclosed for the Ilia Beauty deal.