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Hailey Bieber's $1 Billion Deal. Plus: How To Cut Small Talk From Work Meetings
Hailey Bieber's $1 Billion Deal. Plus: How To Cut Small Talk From Work Meetings

Forbes

timean hour ago

  • Business
  • Forbes

Hailey Bieber's $1 Billion Deal. Plus: How To Cut Small Talk From Work Meetings

This is this week's ForbesWomen newsletter, which every Thursday brings news about the world's top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list! We begin this week with big news out of the beauty world: Yesterday afternoon, the publicly traded e.l.f. Beauty announced that it is acquiring Hailey Bieber's skincare and makeup company Rhode for as much as $1 billion. The deal marks one of the largest celebrity beauty acquisitions in recent years. Bieber launched Rhode in 2022 to near instant virality (as she told me that fall, there was a waitlist of 700,000 people for the company's three products). According to the e.l.f announcement Wednesday, Rhode's net sales in the year ending March 2025 hit $212 million. Bieber, whose spokesperson declined to comment on the size of her stake in the business, will remain involved in operations as chief creative officer and head of innovation. 'You don't know what to expect when it's out in the world and in people's hands,' Bieber told me in 2022. 'Did I have hopes? For sure, but this has far exceeded my hopes and expectations. I don't know how else to say it except that it just feels so crazy.' Cheers! Maggie Kiran Mazumdar-Shaw, Indian billionaire entrepreneur and founder of Biocon Limited (biotechnology ... More company) is seen during the World Audio Visual & Entertainment Summit (WAVES) event in Mumbai. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Thwarted in her ambition to become a brewmaster, Kiran Mazumdar-Shaw channeled her frustrations into building an international knockoff drug powerhouse and has become one of the world's most successful—and richest—female entrepreneurs. 'I call myself an accidental entrepreneur,' she says. This week marked the release of the 24th annual Midas List, Forbes' ranking of the world's top venture capitalists. Unfortunately, there are just 10 women on this list of 100 people, a statistic that reflects the overall poor representation of women among the world's most powerful check writers. Getting an MBA tends to boost earnings significantly for both women and men, but it's not helping to close the gender pay gap, new research shows. A survey of more than 1,000 graduates from elite MBA programs across the U.S., Europe and Canada, found that in the first post-MBA job, women's salaries, on average, rose 52% to $131,449 from their last pre-MBA role. Men's, meanwhile, surged 73% to $140,007. In proof that a moment of forgetfulness doesn't have to derail a whole day—or in this case, match—Coco Gauff forgot her tennis rackets when she walked onto the court for her first-round match at the French Open on Tuesday. Still, the No. 2 seed got them in time to dispatch Olivia Gadecki of Australia, 6-2, 6-2, to improve to 6-0 in first-round matches in Paris. Elon Musk might be ending his time as a 'special government employee,' but the effects of his DOGE cuts will far outlast his current tenure, especially when it comes to biomedical research and funding cuts at the NIH. Michelle Heritage, Executive Director of the American Brain Foundation, recently spoke to Forbes about how Musk's cuts will 'put the brakes' on cutting edge treatment innovations for brain disease—and this could disproportionately affect women, who suffer from higher rates of Alzheimer's and neurodegenerative disease. 'There isn't an ability for the private sector or private donors to fill those gaps,' Heritage said. 1. Implement some fact-checking at your organization. Fact-checking isn't just for journalism! If you publish knowledge-based content in service of your company's strategy, influence or authority, it's important to think about information integrity. 2. If you're exhausted, look at your inner monologue. The stories we tell ourselves matter. They either fuel us or drain us. Are you filling your own head with doubt, insecurity, and cynicism? Things like, 'What's the point?' or 'This is never going to work'? This type of fixed mindset thinking becomes a self-fulfilling prophecy. 3. Skip the small talk. If you want to show your team empathy without wasting time, set the tone in meetings by omitting a recitation of weekend activities and instead say something like, 'Let's jump in. I know we're tight on time.' Here's how else you can strike the right balance between efficiency and empathy. A world leader said he and his wife were 'squabbling and joking around' after a video showed her apparently shoving him in the face before departing an airplane. Which couple was it? Check your answer.

Justin Bieber Is in a ‘Good Place' With Wife Hailey Bieber as He Continues ‘Healing Period'
Justin Bieber Is in a ‘Good Place' With Wife Hailey Bieber as He Continues ‘Healing Period'

Yahoo

timean hour ago

  • Entertainment
  • Yahoo

Justin Bieber Is in a ‘Good Place' With Wife Hailey Bieber as He Continues ‘Healing Period'

Justin Bieber is trying to focus on the people and projects that mean the most to him during a pivotal time in his life. As Justin, 31, remains under the media microscope with headlines surrounding his finances and run-ins with paparazzi, the 'Baby' singer's relationship with wife Hailey Bieber continues to be a light in his life. 'Hailey tries to be there for him as much as she can,' a source close to the Biebers exclusively shared with Us Weekly. 'She is very patient and accommodating and helps him a lot. She is the most supportive wife, and he feels grateful to have her. They have been through a lot, but have been in a good place these last few months.' A second insider added, 'Hailey is a positive, good influence on Justin. She's been a saving grace for him.' Justin and Hailey Bieber Have Experienced a 'Total Shift' in Marriage After Son's Birth: Source In August 2024, the couple's lives changed forever when they welcomed their first child, a baby boy named Jack Blues Bieber. While the first source said fatherhood was 'an adjustment' for Justin, the new role has also led to some encouraging changes. 'When his son was born, everyone was hoping that would be a positive influence for him,' a second insider explained to Us. 'It's what's made him really want to heal and reflect on everything.' In recent months, Justin spent time in Finland to escape the Hollywood noise and reconnect with creativity. He also recently enjoyed a trip to Iceland with some of his closest guy friends, where he was able to feel refreshed and inspired to make new music. 'Justin needed a change of pace in order to feel inspired creatively again,' the first source close to the Biebers said. 'Justin has had dark days recently and is going through a lot of changes in his life.' Sources also told Us that the singer wants to get back to making music for his fans forever known as Beliebers. Hailey Bieber Is Trying to Be as 'Supportive as Possible' for Justin Bieber During Public Scrutiny In 2009, Justin skyrocketed to fame when he released his hit single 'One Time.' His most recent single was a 2022 one-off called 'Honest.' 'He wants to put music out soon, but is doing it on his own terms,' the first source shared. 'He needed to feel inspired, and he is really focused on putting something out soon.' The second insider said those in the music industry are rooting for Justin and hopeful that he can get back to doing what he loves. 'He has been through so much, and people around him know how hard it is,' the source explained. 'They are protective over him in the industry and want him to do well.' Justin Bieber and Hailey Bieber: A Timeline of Their Relationship Getting back on top, however, won't happen overnight. The second source described this chapter of Justin's life as a 'self-reflection and healing period.' Meanwhile, the first source claimed that Justin's inner circle is small, with very few people helping him make big decisions. 'It's a lot at once and he's trying to adjust to his new normal,' the insider shared. 'He just wants to be himself.' Us Weekly has reached out to Justin and Hailey's reps for comment.

E.l.f. Beauty will raise prices by $1. Hear the company's CEO explain why
E.l.f. Beauty will raise prices by $1. Hear the company's CEO explain why

CNN

time2 hours ago

  • Business
  • CNN

E.l.f. Beauty will raise prices by $1. Hear the company's CEO explain why

E.l.f. Beauty CEO Tarang Amin speaks to CNN about why the company is increasing prices by $1 across its entire portfolio on August 1. On Wednesday, the cosmetic company announced it bought Hailey Bieber's beauty brand, rhode, for $1 billion. Amid President Donald Trump's chaotic trade war with China, e.l.f. hopes the acquisition is an opportunity to diversify its supply chain. Right now, about 75% of e.l.f. products are made in China, while rhode has suppliers in Europe, the U.S. and other parts of Asia.

These Four Rhode Skin Products Are Actually Worth Your Money
These Four Rhode Skin Products Are Actually Worth Your Money

Elle

time3 hours ago

  • Entertainment
  • Elle

These Four Rhode Skin Products Are Actually Worth Your Money

Every item on this page was chosen by an ELLE editor. We may earn commission on some of the items you choose to buy. Welcome to Glam Room, where we put celeb-founded beauty brands to the test. As A-listers continue to launch new ranges, we're using our beauty editor expertise to sniff out which products from the line are worth the hype. Our latest contestant: Rhode Skin, created by Hailey Bieber. It's been more than two years since Hailey Bieber launched Rhode Skin and created the Peptide Lip Treatment, the lip balm that every celebrity now carries around in their bag, or better yet, on the back of their Rhode iPhone case. (Note: The launch of Rhode's Lip Case even made me want to upgrade my iPhone–I'm not immune to being influenced.) Along with it, Rhode launched other skin care products: a daily moisturizer called the Barrier Restore Cream, Pineapple Refresh, a cleanser, Barrier Butter cream, a moisturizier, and the Peptide Glazing Fluid, a hydrating serum. Since the brand's inception, it feels like Rhode has done the near-impossible, bypassing the celebrity-founded-beauty-brand pitfalls. People (not just influencers) seem to actually use this brand, re-purchasing their creams and glosses when they run out. For a while, the brand was in their 'everything is out of stock' era, where the products were nearly impossible to purchase. But now, Rhode products seemingly live in makeup bags and medicine cabinets everywhere. Even someone like me, who is always suspicious of celebrity-founded brands (see: this column), had high hopes when Rhode launched. This has less to do with Hailey Bieber's flawless skin and more to do with the fact that, over the years, I've noticed that she has good taste. Since I regularly zoom in on the background of celebrities' videos to spot the products that really live on their vanities, I knew that Bieber was a fan of an esthetician-founded brand called Biba Los Angeles, a personal favorite of mine that will endear me to almost anyone. Plus, with a team of formulators like Ron Robinson—a cosmetic chemist who founded the skin care brand Beautystat—behind Bieber, I was optimistic that Rhode wouldn't be a flop. The ethos of Rhode seems to follow in the footsteps of Glossier (a brand that, coincidentally or not, also launched with skin care and lip products before moving onto color cosmetics): Your skin but better. This year, Rhode sold for a nice sum of money to e.l.f. beauty and ventured more fully into the makeup world, launching a tinted version of their Peptide Lip Treatment, a contour lip pen, and a cream blush. Does the sheer number of glow-packed products exhaust and bewilder me? It sure does. That being said, months of testing revealed four products from Rhode's range that truly stood out. I never fully appreciated Rhode's Peptide Lip Treatment. It comes in many iterations—one unscented, three scented (caramel, watermelon, and vanilla, which are tragically all to0 sweet for me), four tinted versions, and a limited-edition glittery peppermint option that feels like rubbing bits of minty sand on my lips. As a hydrating lip balm, this product misses the mark for me on account of the sticky factor. However, I reached for it often to use as a clear lip gloss that pairs beautifully with a lip liner. Now, I too find myself fishing multiple versions out of my purse. (Rhode, please, make a Lip Case for those of us who haven't bought a new iPhone since 2020.) Milky toners that hydrate and help your skin retain water are all the rage these days. I actually believe that Rhode's version is a clear standout. It is incredibly soothing and hydrating, thanks to ceramides, and sinks into the skin while leaving behind an undeniable glow. This is also one of the products that I see people re-purchase the most as a primer for both skin care and makeup. I know I'm not alone in being impressed. It helps that the 4.7-ounce bottle sells for $30, which is a generous amount of product for the price. In my experience, it is well worth the money. After a month of twice-daily use, I feel like I've barely made a dent. I am a cream blush snob, but the first time I swiped on Rhode's Pocket Blush in the shade Toasted Teddy, I audibly said, 'Whoa,' to an audience of no one. The pigment makes an impact. It's creamy, can be worn on both lips and cheeks, and does an impressive job of lasting throughout the day. My one complaint? The packaging. The product itself is about half the bulk, and the rest is taken up by bulbous plastic (post-consumer recycled, but still.) Pocket? Yeah, right. The only pocket this fits into is in a pair of 2021 cargo pants. It makes zipping up my makeup bag a massive headache. But is the blush good enough that I'll get over it? Yup. I won't lie to you, when I first heard the news that Rhode was launching a thick cream, I was disappointed. Allow me to explain: Beyond the fact that I think the brand is reaching its hydration limit, as someone with acne-prone skin, my regular routine simply doesn't include slathering on a Murumuru seed butter that could clog my pores and cause breakouts. For the sake of science, I persisted in my testing. It is always a surprise and a delight when a product you expect to hate swoops in to collect the award. After the first week of testing, I fell deeply in love with the Barrier Butter. It's not just that I never once had a breakout while wearing it, it's also because it leaves a glow that lasts well into the next day. I actually believe that it has made my skin look better—healthier, brighter, and obviously, less dry. It reminded me of a product from Biba Los Angeles that Bieber herself has used in the past, a cult-favorite moisturizer called the Onerta Barrier Face Cream that celebs like Billie Eilish and Miley Cyrus have gushed about. The ingredients differ from Rhode's version, but the texture and barrier-repairing quality is very similar, and I wouldn't be surprised if Bieber took inspiration. The one big difference? Biba's version is $95 for 1.7 ounces, and Rhode's is $38 for a whopping 5 ounces. The gigantic bottle means that I don't feel the need to be sparing, and I now happily go to bed with a thick layer that my skin drinks up throughout the night. Have I accidentally reached for Rhode's Pineapple Refresh cleanser instead, since the two bottles look identical? I sure have. But I'll give Rhode a pass since my skin has never looked this glowy. I already have a second tube waiting for when I finally finish the first. Here's the thing about Rhode that I don't think all celebrity-founded brands can claim: I believe that Bieber truly cares about the quality of the products she puts out, and she genuinely uses the line herself. That in and of itself makes the brand a standout. I may not be obsessed with every single product, but none of them are flops (except for the glittery Peptide Lip Treatment, let's figure that out!). Overall, from the price points to the formulas, Rhode has done an excellent job creating a line that I believe could exist with or without Bieber's face in the campaigns—not that I want her perfect skin to vanish from my feed just yet. In the meantime, I will rock my glazed-donut glow and impatiently wait to see what Rhode creates next.

ELLE Editors Share Their Ultimate Workout Clothes And Accessories
ELLE Editors Share Their Ultimate Workout Clothes And Accessories

Elle

time3 hours ago

  • Entertainment
  • Elle

ELLE Editors Share Their Ultimate Workout Clothes And Accessories

There's a lot of stuff out there, and not all fashion pieces are created equal. Luckily, the ELLE editors know their way around a shopping rail, and when it comes to helping you find those perfect wardrobe building blocks, they're up to the task. From the new and niche brands worth knowing to high-street hits of quality, and a few vintage treasures too, our ELLE Edits showcase the very best of the season. The best activewear clothes and accessories will adapt to an array of activities, whether you're pursuing a PB in your local run club or perfecting a pose in Barre. But beyond the gym floor, the rise of WFH has seen many of us adopt athleisure as everyday wear. We now rely on sculpting leggings that wash well and will look as good when worn for Reformer as meeting friends for a weekend brunch, and trainers that deliver as highly in the style stakes as they do on a mixed trail run. The rapid growth of the UK wellness industry (said to be worth over $223 billion in 2024) has also seen a plethora of new brands enter the market since 2010. The likes of Tala, Sporty and Rich, Adanola, Varley and On have quickly amassed loyal fan bases and impressive social media followings, while LA starlets Hailey Bieber and Bella Hadid are often seen wearing athleisure separates to run errands. With many Gen Z and Millennials now choosing a run club over a debauched night out, there exists a wealth of fitness product whether you're seeking to level up in Soul Cycle, F45, Barrecore or strength training. FIND OUT MORE ON ELLE COLLECTIVE Lululemon is loved for its leggings, On counts Zendaya and Mia Regan as fans, and Adanola enlisted Kendall Jenner for an edit having seen gross profits surge by 124% in 2024. We've also witnessed the rise of the Fashion Trainer, spearheaded by Wales Bonner for Adidas, whose cult designs can reach resale prices exceeding $500. But how to choose the correct kit? When seeking separates for high intensity workouts, yoga or Pilates, look for polyester, nylon, elastane and spandex, which are known for their moisture-wicking, breathability, and stretch. More eco-conscious blends of cotton and bamboo will feel soft against the skin and suit lighter movement. Running shoes should offer flexibility and support to cushion your feet, and styles differ for trail running versus flat roads or shorter, more casual runs. As a rule, look for waterproof trainers with mesh vents on the upper to boost airflow and allow any moisture to escape, keeping your feet cooler and reducing the risk of blisters. Gait analysis is often offered free as part of the fitting service in running shoe stores and will help you choose the shoe spec best suited to your foot type, terrain and running motion. Many brands now offer multiple lengths in leggings, whether you're petite, tall, or just fancy the extra coverage, and most gymwear doesn't need to be hand-washed – just use a gentle spin at 30 degrees for a minimal time then air dry. To power up your next workout, we've enlisted a selection of seasoned ELLE editors (who favour a variety of sporting pursuits) to share their favourite gym kit and accessories. 'I alternate between Spin and Reformer classes so need flattering, comfortable leggings that suit both pastimes. With Adanola having achieved cult status (and endorsement from Kaia Gerber, Rosie Huntington-Whiteley and Emily Ratajkowski) I bought a pair of its Ultimate Leggings and can attest to the product name's bold promise. With a four-way stretch fabric, they have a higher waistline for extra support and contour and come in three lengths – ankle, cropped, and tall. They wash brilliantly and I've been known to pair them with slingbacks and an oversized blazer at weekends. As well as the core collection of neutral colourways like black, navy and brown, there are seasonal drops of new shades. I'll soon be adding the Wrap Over style to basket to tap into the balletcore trend.' - Esther Coombes, Senior Ecommerce Editor, Luxury 'My workouts would be nothing without my Panache sports bra. The underwired style sees me through all sorts of gym activities from rebounding to weights, Pilates to Barre. I appreciate the way it has total coverage to ensure that I am held in place throughout. I was advised during its initial fitting to size up in the band and down in the cup and would recommend you do the same.' - Naomi Pike, Commissioning Editor Paid content 'As a city dweller who travels mostly on foot, I'm keen to track my step count and sleep cycles, so the new Watch Fit 4 Pro from Huawei is high on my wish list. Akin to having a personal wellness coach on your wrist, this stylish new wearable tech tracks your sleep duration and stage chart, and offers real-time monitoring of your ECG, heart rate and oxygen levels. Ranking as one of the lightest smart watch models on the market and with up to 10 days battery time after a full charge, you can choose from three sleek colour ways (I'd opt for Titanium Blue). The Trail Running Mode, with offline contour maps, GPS guidance and terrain-specific stats may influence me to be a little more daring on a weekend run, too.' - Esther Coombes, Senior Ecommerce Editor, Luxury 'My performances in Reformer classes would be nothing without the support of my Lululemon Align tank top; it unwaveringly hoists and hugs in all of the right places so that no matter the contortion of my body, I'm supported. I couldn't be without it (and the Align leggings are fantastic too).' - Naomi May, Deputy Site Editor 'Peloton leggings are a hidden gem. The plain black pair I have are my favourites by far – no underwear visible, they never fall down, hug you the perfect amount and don't fade or bobble (and I've worn them a lot). Their sizing is inclusive (it runs from XS to 3X) and they have an amazing range of patterns and colours. They also now collab with Lululemon. I've loved lots of the sportswear I've tried from the brand, but their leggings need to be tried to be believed. You'll be converted.' - Rhiannon Evans, Site Director 'As someone who sticks mainly to heeled boots or ballet flats, I loathe to wear trainers. But when Lululemon debuted the surprisingly stylish Chargefeel 3 – with their breathable mesh upper, silhouette-smoothing sock upper and featherweight sole – I found myself wanting to wear them outside of the gym, too.' - Abigail Southan, Senior Ecommerce Editor, Fashion and Beauty 'As a Wimbledon native, I like to nod to my heritage and Ralph Lauren's collaboration with the Championships is just the ticket. As Official Outfitter of Wimbledon, Ralph Lauren launches new merch ahead of each year's tennis competition, and this preppy-inspired crew neck jumper will be perfect pre and post workout.' - Esther Coombes, Senior Ecommerce Editor, Luxury 'I never normally read too much into the name of a trainer but the On Cloudmonster 2s really do live up to theirs. Bouncy and beautifully cushioned, I can spring around the park in these and then also wear them to the office.' - Hannah Nathanson, Features Director 'You might know Spanx for its shapewear, but the legendary lingerie brand also does the most amazing activewear, too. As well as the collection's control leggings, I like to slip into this half-zip top which is ludicrously comfy. It's sweat-wicking, so you can workout in it, but I might have been known to wear it with the matching trackies to the pub too...' - Abigail Southan, Senior Ecommerce Editor, Fashion and Beauty Esther Coombes is the Senior Ecommerce Editor at Harper's Bazaar, ELLE and Esquire, overseeing luxury shopping content across fashion, beauty, travel and homes. She graduated from London College of Fashion with a First Class BA in Fashion Journalism in 2010, and has since worked at Marie-Claire, Easy Living, GLAMOUR and Women's Health. She held positions as Senior Fashion and Beauty Executive, Senior Lifestyle Executive and Content Lead during her nine years at HELLO! and HELLO! Fashion, creating editorial and branded content across the lifestyle sector and interviewing talent and experts including Lisa Eldridge, Jo Malone and Katie Jane Hughes for print and digital features. With exacting standards and a critical eye for editing new launches, she enjoys recommending readers best in class products and experiences, be that a glow-giving skin tint, a boutique hotel stay or the perfect slingback stiletto. In her spare time you can find her at a spin or reformer class or streaming the latest zeitgeisty podcast or television drama. You can follow Esther on Instagram at @esthercoombes.

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