THE WHAT? Kering Founder, Francois Pinault has struck a deal to acquire Deezer for an enterprise value of €1.075 billion, according to a report published by Bloomberg.
THE DETAILS Pinault and his partners at I2PO, a Paris-based blank-check firm, are set to take the music streaming platform public in July post-completion. Deezer CEO Jeronimo Folgueira will remain in situ while IP2O’s Iris Knobloch will replace Guillaume d’Hauteville as Chairman.
THE WHY? Deezer postponed a planned IPO in 2015 ‘due to market conditions’. With potential to expand in the UK and US, and give both Spotify and Apple Music a run for their money, the firm has plenty of scope to expand and is targeting profitability by 2025.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
