Browne Jacobson’s corporate finance lawyers have advised omnichannel prestige beauty retailer Sephora on its acquisition of Feelunique.
Browne Jacobson’s corporate finance lawyers have advised omnichannel prestige beauty retailer Sephora (owned by LVMH Moët Hennessy Louis Vuitton Group, the world’s leading luxury group) on its acquisition of Feelunique, a major online prestige beauty retailer in the United Kingdom.
Sephora, which is established in France and is a world’s renowned omnichannel prestige beauty retailer, acquired the business from Palamon Capital Partners and other stakeholders. Sephora specialises in the universe of Prestige beauty and wellness and partners with a wide range of brands, from selective brands to exclusive independent ones, together with the Sephora collection. The business trades in 36 countries across the globe.
Feelunique which launched in 2005, is a fast-growing UK prestige beauty e-commerce retailer that offers its 1.3 million active consumer base a huge range of cosmetic and fragrance products and brands.
The Browne Jacobson team comprised corporate finance partner, Richard Cox and senior associates Sandra Wong, Sam Sharp and associate Matthew Dorman.
Richard said:
"It was a pleasure to work with the Sephora team on this strategic investment and highlights the practice’s strength in advising on large, complex international transactions in very tight timeframes."In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
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