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Lyn Kirby's Plan for Beauty Brands
-- MOlly PRIOR
Lyn Kirby, the architect of Ulta Beauty's hybrid-beauty model, has a new target: the regional retailer Beauty Brands.
The former president and chief executive officer of Ulta teamed with a private equity firm to buy a majority stake in Beauty Brands, a 55-store chain based in Kansas City, Mo.
The store's founder, Bob Bernstein, retains a minority stake. At the close of the deal on Dec. 12, Kirby assumed the title of chairman and ceo of Beauty Brands.
Kirby said...