Latest news with #ChristopherGoncalo
Yahoo
6 days ago
- Business
- Yahoo
HUDA BEAUTY RECLAIMS FULL OWNERSHIP AS AN INDEPENDENT BEAUTY BRAND
DUBAI, UAE, June 3, 2025 /CNW/ -- Huda Beauty, the globally renowned beauty brand, proudly announces that it has reclaimed full ownership as an independent brand following the conclusion of its eight-year partnership with TSG Consumer Partners ("TSG Consumer"). In 2017, TSG Consumer acquired a minority stake in the company. Now, in 2025, Huda Kattan, Founder and Co-CEO of Huda Beauty, has officially bought back her equity, regaining full control of the brand. With this move, Huda Beauty is a fully independent company, becoming one of the rare founder-fully-owned brands in the beauty space. This milestone marks a powerful new chapter for the brand, reinforcing its dedication to innovation, authenticity, and a deeply engaged community, while reaffirming its commitment to a founder-led vision. Huda Beauty is more than just a makeup brand, it's a movement rooted in self-expression, empowerment, and authenticity. Built on the belief that 'Beauty is Self-Made,' the brand continues to champion individuality with a focus on inspiring and supporting its global community. "Taking back full ownership of Huda Beauty is a deeply very important moment for me," said Huda Kattan. "It says that while many of us dreamers have visions that we are told are too big or not possible to do alone, in actuality, you have all the power you need to change the world yourself! This brand was built on passion, creativity, and a desire to challenge the beauty industry. As we step into this new chapter, I'm more committed than ever to pushing boundaries, staying true to our roots, and showing up for our incredible community every step of the way." Since its inception, Huda Beauty has revolutionized the beauty space, blending artistry with innovation to create a brand that resonates globally. With Huda Kattan now at the helm as the sole owner, and her husband, Christopher Goncalo, serving alongside her as Co-CEO, and her sister, Alya Kattan leading their Social Strategy, the company looks forward to an exciting future of bold product launches, deeper community engagement, and continued industry disruption. Photo - - View original content to download multimedia: SOURCE Huda Beauty View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Gulf Business
7 days ago
- Business
- Gulf Business
Huda Kattan reclaims ownership of Huda Beauty, buys back TSG stake
Image: Supplied TSG had acquired a minority stake in the Dubai-based company in 2017. With the repurchase, Kattan resumes full ownership of the brand she launched in 2013 with a $6,000 loan from her sister. The move places Huda Beauty among a small number of fully founder-owned beauty companies in the global market. 'Taking back full ownership of Huda Beauty is a deeply important moment for me,' Kattan said in a statement. 'This brand was built on passion, creativity, and a desire to challenge the beauty industry.' Huda Beauty plans new product launches Kattan, who serves as founder and Co-CEO, will now lead the company alongside her husband, Christopher Goncalo, who is co-CEO, and sister Alya Kattan, who oversees social strategy. Known for viral product drops and a digital-first strategy, Huda Beauty has become a powerhouse brand in the cosmetics industry, particularly in the Middle East and North America. The company's Instagram account is the most-followed beauty brand globally, with nearly 57 million followers, and its founder has gained global acclaim as a leading entrepreneur and influencer. The brand's philosophy, 'Beauty is Self-Made', has underpinned its appeal to a diverse global audience, with a focus on inclusivity, transparency and authenticity. Under Kattan's leadership, the company has phased out Photoshop and filters on social platforms, and championed realistic beauty standards. Kattan, a former makeup artist and beauty blogger, launched the company with a line of false eyelashes that quickly became a bestseller at Sephora Dubai Mall. The brand now offers a wide range of cult products, including the popular Easy Routine line, and is known for boundary-pushing content, tutorials and advocacy. The shift to full independence comes as Huda Beauty plans new product launches and continues to prioritise deeper engagement with its global community. Kattan recently launched a new podcast, Huda Hotline , offering unfiltered conversations about beauty, entrepreneurship and self-discovery. The terms of the buyback deal were not disclosed. Read:
Harpers Bazaar Arabia
03-06-2025
- Business
- Harpers Bazaar Arabia
Huda Beauty Becomes Fully Founder-Owned
Huda Kattan has regained full ownership of Huda Beauty, marking a new chapter for the now fully-independent brand Huda Beauty has officially returned to full founder ownership after ending its eight-year partnership with private equity firm TSG Consumer Partners. Huda Kattan, the brand's Founder and Co-CEO, has bought back TSG's minority stake, making the company one of the few major global beauty brands that remains entirely independent and founder-led. 'This is such an important moment for me and for Huda Beauty,' said Huda. 'Taking back full ownership lets us stay true to our roots, focus on our community, and push boundaries without compromise.' Huda Beauty has built its identity around authenticity and inclusivity, embracing the message that Beauty is self-made. The brand has also been a vocal advocate for transparency in the industry, choosing not to use filters or heavy editing on social media, and regularly starting conversations about self-image and unrealistic beauty standards. The buyback comes as Huda Beauty continues to gain momentum. The brand was recently named the world's most popular beauty brand in Q1 2025 by Cosmetify, and with nearly 57 million followers on Instagram, Huda is one of the most influential figures in the beauty world. Alongside her husband, Co-CEO Christopher Goncalo, and her sister Alya Kattan, who leads social strategy, the company remains deeply rooted in family and community. Now fully independent, the brand plans to continue its mission of championing individuality and innovation. Huda's recently launched podcast, Huda Hotline, also reflects her growing focus on unfiltered conversations around beauty, business, and personal growth.
Cosmopolitan ME
03-06-2025
- Business
- Cosmopolitan ME
Go girl boss! Huda Kattan officially reclaims full ownership of Huda Beauty
Huda Beauty has proudly announced that it has reclaimed full ownership as an independent brand following the conclusion of its eight-year partnership with TSG Consumer Partners. Basically, in 2017, TSG Consumer acquired a minority stake in the company, and now, Huda Kattan, the UAE's iconic businesswoman and OG content creator, has officially bought back her equity, regaining full control of the brand. What does this mean? With this power move, Huda Beauty is a fully independent company, becoming one of the rare founder-fully-owned brands in the beauty space. Sharing on the milestone, Huda said: 'Taking back full ownership of Huda Beauty is a deeply very important moment for me.' 'It says that while many of us dreamers have visions that we are told are too big or not possible to do alone, in actuality, you have all the power you need to change the world yourself! This brand was built on passion, creativity, and a desire to challenge the beauty industry. As we step into this new chapter, I'm more committed than ever to pushing boundaries, staying true to our roots, and showing up for our incredible community every step of the way.' With Huda Kattan now at the helm as the sole owner, and her husband, Christopher Goncalo, serving alongside her as Co-CEO, and her sister, Alya Kattan leading their Social Strategy, the company says its promising bold product launches, deeper community engagement, and continued industry disruption. We will be watching! For those who don't know, Huda founded one of the first-ever influencer-led beauty brands and she has always had a lifelong passion for beauty. That passion inspired the launch of her beauty blog in 2010, which quickly became one of the top beauty blogs in the world. In 2013, with a $6,000 loan from her sister, Alya Kattan, Huda launched a range of viral false eyelashes exclusively at Sephora in The Dubai Mall (currently the #1 Sephora globally), while launching her namesake brand, Huda Beauty. Often referred to as the internet's 'big beauty sister,' Huda's Instagram account is the most-followed beauty brand on the platform, boasting nearly 57 million followers. Her YouTube channel has accumulated more than 4.1 million subscribers, while her TikTok audience has grown to 10.7 million. Click here to read: 'I finally met Huda Kattan and this is what she's really like'.
Yahoo
03-06-2025
- Business
- Yahoo
HUDA BEAUTY RECLAIMS FULL OWNERSHIP AS AN INDEPENDENT BEAUTY BRAND
DUBAI, UAE, June 3, 2025 /CNW/ -- Huda Beauty, the globally renowned beauty brand, proudly announces that it has reclaimed full ownership as an independent brand following the conclusion of its eight-year partnership with TSG Consumer Partners ("TSG Consumer"). In 2017, TSG Consumer acquired a minority stake in the company. Now, in 2025, Huda Kattan, Founder and Co-CEO of Huda Beauty, has officially bought back her equity, regaining full control of the brand. With this move, Huda Beauty is a fully independent company, becoming one of the rare founder-fully-owned brands in the beauty space. This milestone marks a powerful new chapter for the brand, reinforcing its dedication to innovation, authenticity, and a deeply engaged community, while reaffirming its commitment to a founder-led vision. Huda Beauty is more than just a makeup brand, it's a movement rooted in self-expression, empowerment, and authenticity. Built on the belief that 'Beauty is Self-Made,' the brand continues to champion individuality with a focus on inspiring and supporting its global community. "Taking back full ownership of Huda Beauty is a deeply very important moment for me," said Huda Kattan. "It says that while many of us dreamers have visions that we are told are too big or not possible to do alone, in actuality, you have all the power you need to change the world yourself! This brand was built on passion, creativity, and a desire to challenge the beauty industry. As we step into this new chapter, I'm more committed than ever to pushing boundaries, staying true to our roots, and showing up for our incredible community every step of the way." Since its inception, Huda Beauty has revolutionized the beauty space, blending artistry with innovation to create a brand that resonates globally. With Huda Kattan now at the helm as the sole owner, and her husband, Christopher Goncalo, serving alongside her as Co-CEO, and her sister, Alya Kattan leading their Social Strategy, the company looks forward to an exciting future of bold product launches, deeper community engagement, and continued industry disruption. Photo - - View original content to download multimedia: SOURCE Huda Beauty View original content to download multimedia:
