Reported 3 days ago
Dubai-based Huda Beauty has decided to sell its KAYALI fragrance line to co-founder Mona Kattan and private equity firm General Atlantic. This move allows the beauty brand to regain control from TSG Consumer Partners, which held a stake since 2017. KAYALI will continue to operate independently under Kattan's leadership as CEO, marking a significant moment in Huda Beauty's transition back to full founder ownership.
Source: YAHOO