People In Brief
This article was originally published in The Rose Sheet
Executive Summary
Ulta’s Chuck Rubin leaves his position as the retailer’s CEO; Patriarch Partners appoints leadership for Stila Cosmetics and Jane Cosmetics. More people news.
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People In Brief
The White House and the beauty industry swap communications personnel. More people news.
Turnaround Specialist Patriarch Partners Comes To Rescue Of Stila Cosmetics
Cosmetics brand Stila has been purchased for an undisclosed sum by private equity firm Patriarch Partners, which "concentrates on direct investments in distressed businesses," according to its Web site
New EU Approvals
The Pink Sheet's list of EU centralized approvals of new active substances has been updated to add two new products, including Ryzneuta, Evive Biotechnology's treatment for chemotherapy-induced neutropenia.