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Private Investment Brief @ThePIBnyc
, 3 tweets, 1 min read Read on Twitter
Do you guys remember when Berkshire Hathaway nearly put fresh equity capital into Coty in order to help finance Coty's acquisition of Avon Products? I dare say that would have been a mistake all around. Not even the Oracle could have foreseen the rise of Kylie Jenner and the... generation of upstart cosmetics brands:…
I must say it makes me feel old to learn that Anastasia Beverly Hills, a brand that owes much of its success to Instagram, now earns more than the one-time oligopolist Revlon.
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