L Catterton Acquires Majority Stake in KIKO Milano from Percassi Family [Yahoo! Finance]
Victorias Secret & Co. (VSCO)
Company Research
Source: Yahoo! Finance
investment firm, today announced that it has entered a definitive agreement to acquire a majority stake in the Italian beauty brand KIKO Milano ("KIKO" or the "Company") from the founding Percassi Family, who will retain a significant stake in the Company. Terms of the transaction were not disclosed. Founded in Bergamo, Italy in 1997 by Antonio and Stefano Percassi , KIKO is one of the largest privately-owned color cosmetics brands in the world. With deep Italian heritage and a diverse portfolio of prestige-quality products at an accessible price point, KIKO has become a household name in beauty that is beloved across nearly all consumer demographics. With an extensive retail network of more than 1,100 stores in 66 countries and an efficient e-commerce platform, KIKO has cultivated a large and loyal following through its unique in-store experience, the first of its kind for a company in this sector, and quality-led, high-performing products. In 2023, KIKO recorded net revenue of app
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News
- Can Victoria's Secret & Co. (NYSE:VSCO) Maintain Its Strong Returns? [Yahoo! Finance]Yahoo! Finance
- If you liked Nikki Glaser's roast of Tom Brady, wait till she flames herself in new HBO special [Los Angeles Times (CA)]Los Angeles Times
- Victoria's Secret & Co. (NYSE: VSCO) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating. They now have a $15.00 price target on the stock, down previously from $19.00.MarketBeat
- Former Victoria's Secret model steps down from beauty brand due to 'significant changes' [FOX Business Network]FOX Business Network
- FRAGRANCE ENTHUSIASTS ACROSS THE COUNTRY ARE INVITED TO CAST THEIR VOTE FOR THE 2024 FRAGRANCE FOUNDATION AWARDS CONSUMER CHOICE CATEGORIES [Yahoo! Finance]Yahoo! Finance
VSCO
Earnings
- 3/6/24 - Beat
VSCO
Sec Filings
- 5/3/24 - Form ARS
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form DEF
- VSCO's page on the SEC website