The fast-expanding beauty industry is projected to grow at a rate of 8.4 per cent per year through 2028, as per Euromonitor International estimates – and with celebrities jumping into the wagon by launching their own brands, this momentum is here to stay. Beauty brands like Fenty Beauty have turned its celebrity founders like Rihanna into billionaires.On Wednesday, model Hailey Bieber sold her beauty and skincare brand Rhode to Elf Beauty Inc. in a $1 billion deal. In a statement on Wednesday, Elf said it would pay $800 million to the shareholders of Rhode in a cash and stocks combination. There will also be an additional potential earnout consideration of $200 million subject to certain performance-related conditions.As Hailey Bieber strikes a billion dollar deal for Rhode, here are some of the top companies with biggest valuations in the world.Fenty BeautyRihanna launched Fenty Beauty in 2017, when the makeup industry was largely lacking of diversity. The pop singer created the brand with a mission that “women everywhere (feel) included.” According to Forbes’ estimates in 2021, Fenty Beauty was worth a conservative $2.8 billion. Forbes estimated Fenty Beauty to grow more, and since then Rihanna’s brand has expanded with more products and presence in different countries, as well as at more stores online and offline.Rare BeautyActor, singer and entrepreneur Selena Gomez launched her own makeup brand Rare Beauty in 2020 and revolutionalised the beauty industry with her products that resonated with her fans and general beauty enthusiasts alike. Four years later, in 2024, Bloomberg reported that the company to have a valuation of $2 billion. Selena, as per the report, was in talks at the time with investors and bankers about the potential sale of Rare Beauty.Kylie CosmeticsKylie Cosmetics, launched by Kylie Jenner in 2014, at the early age of 17, has become one of the cult brands in the beauty world with makeup enthusiasts vouching for it for nearly a decade. By 2019, the brand expanded into the realm of skincare and fragrances and in the later half of that year, Coty bought out a 51 per cent majority stake in the company in a deal worth approximately $600 million. This deal put Kyline Cosmetics’ valuation at $1.2 billion as per Vogue Business, making it one of the most valued beauty brands in the world.RhodeRhode launched in 2022 and became an instant hit, thanks to the internet and Hailey Bieber’s popularity among her fans. The products resonated with millennials and GenZ alike, and the brand quickly embarked on a growth road. In just two years, Rhode hit a valuation of $1.44 billion, as per media reports. The $1 billion deal with Elf Beauty reiterates Rhode’s success in its industry. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
This beauty brand, associated with a celebrity, holds the highest valuation. It’s neither Hailey Bieber’s Rhode nor Selena Gomez’s Rare Beauty.
