Kicking off an exciting summer at The Sage Group, LLC (US)!! Patrick Starrr’s ONE/SIZE and IGK Hair Explore Exit Options "Beauty brand incubator Luxury Brand Partners, LLC, owner of the premium cosmetics and hair care lines, has tapped The Sage Group to suss out their options. By getting to this stage, they’ve reached a tier many incubated brands don’t." - Daniela Morosini with the scoop from The Business of Fashion Paul Altman Andrew Dunst Dan Langer David Neil Hecht Juliette Tang Anne-Cécile Brilland #MandA #beauty #beautyandpersonalcare #personalcare #makeup #ibanking
One/Size and IGK Hair are evaluating their next steps. As 2024 revenues are projected to reach $115 million for One/Size and $80 million for IGK, Miami-based brand incubator Luxury Brand Partners, LLC Partners has tapped investment bank The Sage Group, LLC (US) Group as a financial advisor. One/Size, created in partnership with O.G. YouTube influencer Patrick Starrr, and IGK Hair have seen considerable growth as of late. One/Size's business has quadrupled in the last two years, while IGK Hair grew its direct to consumer sales by nine times between 2021 and 2023, said Luxury Brand Partners founder and chief executive Tev Finger. Before founding LBP, Finger got his start at Bumble and Bumble, which later sold to the Estée Lauder Companies in 2000. The company had a continued track record of getting deals done in the late 2010s – it sold Becca Cosmetics to ELC and hair care label Oribe to Kao in 2016 and 2017, respectively. Now, Finger said both One/Size and IGK Hair are carefully weighing a number of options. BoF's Daniela Morosini has the scoop on how LBP has scaled One/Size and IGK Hair and what it is looking for next.
MBA I Senior Director of Stores- Tory Burch
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