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NEW YORK -- Coty has reached a definitive agreement to acquire GHD, a premium brand in high-end hairstyling appliances, from Lion Capital LLP for approximately $510 million.

The deal marks Coty’s first acquisition since it completed the purchase this month of 41 Procter & Gamble Co. beauty brands, including Gucci fragrances, CoverGirl cosmetics and Max Factor makeup. 

Anyone without a clear vision of the link between wellness and beauty hasn’t heard CVS Health’s VP/merchandise manager for beauty and personal care Alex Perez-Tenessa describe the synergy.

(To download Special Report: Double Down on Health, click here.)

The health-beauty connection is a driving force for the company as it continues rolling out its new “Elevate Beauty” concept, which is now in about 2,000 of its stores.

BOLINGBROOK, Ill. -- Red-hot retailer Ulta Beauty raised its guidance Thursday ahead of planned remarks at an investor conference in Chicago, where the company also discussed plans to accelerate store expansion.

ENGLEWOOD CLIFFS, N.J. -- The Vaseline Healing Project is working to close the skin health treatment gap for Americans by providing dermatological care and training to those with limited access to quality care.

To further the Vaseline brand's commitment to making skin health treatment more accessible in the U.S., The Vaseline Healing Project traveled with award-winning actress and project advocate, Viola Davis, to her hometown of Central Falls, Rhode Island to host a one-day community health fair on Oct. 8. 

NEW YORK -- A majority of women say they get a boost of self-esteem from using beauty products, and sales of these products are projected to grow 3% a year through 2020, new research from Mintel shows.

Beauty blog Bond En Avant spoke to beauty industry veteran Annie Jackson, formerly of Sephora and Estee Lauder and now head merchant at Credo Beauty, about how the retailer plans to change the way women shop and think about skin care and makeup.

Jackson provided a glimpse into the brand’s dedication to sniffing out the creme-de-la-creme in luxury and green beauty products; what shifts are happening in the natural beauty landscape; and where her drive stems from. 

CINCINNATI -- Walgreens is donating $50,000 to the Pantene Beautiful Lengths Fund to help celebrate the 10-year anniversary of the program.

NEW YORK – Coty has completed its acquisition of Procter & Gamble's fine fragrance, color cosmetics, salon professional and hair color and certain styling businesses.

Coty is now the third-largest beauty company in the world, with approximately $9 billion in revenue. As previously announced, following the completion of the merger, Camillo Pane became the new chief executive officer of Coty.