e.l.f. Beauty's $1B Acquisition Of Rhode Proves Hailey Bieber's Just Getting Started
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e.l.f. Beauty's $1B Acquisition Of Rhode Proves Hailey Bieber's Just Getting Started
"We can't wait to bring rhode to more faces, places, and spaces,"
"I look forward to leading the brand into this exciting new chapter of possibilities alongside my co-founders Michael D. Ratner and Lauren Ratner."
"Both brands are clearly focused on breaking beauty barriers and bringing innovative, high-quality products to a wider audience."
"For e.l.f.'s CEO, Tarang Amin, rhode was the perfect fit."
e.l.f. Beauty has acquired Hailey Bieber's skincare line, rhode, valued at $1 billion, enhancing its portfolio with rhode's trending products. Known for effective and luxurious skincare, rhode has captured a dedicated audience within three years of its launch. The acquisition, announced alongside rhode's upcoming Sephora launch by fall 2025, positions both brands for accelerated growth. Bieber will remain a vital leader in creative direction, ensuring the brand's integrity while contributing to e.l.f.'s vision of inclusive beauty innovation. This partnership is characterized by mutual benefits rather than a typical takeover.
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