LVMH-backed Sephora to acquire Feelunique from Palamon Capital Partners.

LVMH-backed Sephora, a beauty products retailer, agreed to acquire Feelunique, an online retailer of prestige beauty products, from Palamon Capital Partners, a private equity firm. Financial terms were not disclosed. “We are delighted to join forces with Sephora, whose Prestige positioning is the perfect fit for our prestige brand offering. With the support of Palamon and its co-investors we have created a renowned online player in UK beauty at the forefront of a significant market opportunity. With the new strategic backing and resources of a global retail group we are truly excited about the prospects for Feelunique to accelerate its growth," Sarah Miles, Feelunique CEO.