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18
Jun

e.l.f. Beauty Acquires Hailey Bieber’s Rhode Skincare Brand for $1 Billion

e.l.f. Beauty is acquiring Hailey Bieber’s Rhode lifestyle brand for $800 million, with a potential $200 million earnout based on future growth. Launched in 2022, Rhode focuses on makeup and skincare and quickly hit $212 million in revenue. Bieber’s strong social media presence has significantly boosted Rhode’s visibility, with plans to expand with Sephora across North America and the U.K. e.l.f. Beauty, traditionally more mass-market, will diversify its portfolio with Rhode’s entry-level prestige products. Bieber will continue as founder and chief creative officer, leading creative direction and marketing. The acquisition...
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18
Jun

Israel strikes Iranian state TV, warns people to evacuate Tehran after accusing Iran of targeting civilians

Tel Aviv, Israel — Israel attacked Iranian state television Monday and warned hundreds of thousands of people in the middle of Iran’s capital, Tehran, to evacuate the city. The strike came after Iran fired another wave of missiles at Israel, which killed at least eight civilians, according to the Israeli military.  The developments came on the fourth day of open warfare between the regional foes, which has shown no signs of slowing down. Israel’s warning affected up to 330,000 people in a part of central Tehran that includes the country’s...
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18
Jun

Warner Bros Discovery CEO David Zaslav Pay to Drop After Company Split

Warner Bros. Discovery CEO David Zaslav will see his pay package take a haircut after the proposed separation of the company next year — although WBD also just granted him stock options that could be worth tens of millions of dollars as an “inducement” to remain with the company. The media conglomerate last week said it would split into two companies: WBD Streaming & Studios, to be led by Zaslav, and WBD Global Networks, which will be headed by CFO Gunnar Wiedenfels. The separation is expected to be completed by...
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18
Jun

16 Early Amazon Prime Day 2025 K-Beauty Deals You Can Explore

Best Amazon Prime Day K-Beauty Deals You Can Shop Now: Amazon Prime Day is a fantastic opportunity to snag some amazing deals on K-beauty products that are already budget-friendly. Brands like Cosrx, Anua, and Beauty of Joseon are beloved for their gentle and effective skincare solutions—perfect for enhancing your beauty routine without breaking the bank. Although we’re still waiting for the full list of deals, here’s a taste of what you can expect: Early Access Deals: Be on the lookout for discounts on popular items such as serums, moisturizers, and...
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18
Jun

Acting Transport Minister Jeffrey Siow on COE system, private-hire cars and other transport issues

SINGAPORE – There will be no major tweaks to the certificate of entitlement (COE) system in the short term, and the focus now is on ensuring that all vehicles are equipped with on-board units (OBUs) for the next-generation Electronic Road Pricing (ERP) system, said Acting Transport Minister Jeffrey Siow. “The reality is there won’t be space for every Singaporean to own a car in Singapore,” he told reporters in an interview on June 11, noting that the COE system is how the Government is allocating this “scarce good”. Touching on a...
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