There’s been a flurry of speculation surrounding the potential sale of Selena Gomez’s cosmetics brand, Rare Beauty. Sources close to the actor suggest that Gomez is considering offers from various investors or buyers, and has enlisted the expertise of advisors to navigate through the possibilities.
Reports indicate that banking representatives have engaged with interested parties, although Gomez herself has yet to enter into discussions directly. When approached for comment, Gomez’s representatives opted not to provide any statement on the matter.
Despite the silence from Gomez’s camp, Rare Beauty has garnered significant attention in the market. Business of Fashion has labeled it as one of the most desirable merger and acquisition targets of the year, with an estimated valuation of US$2 billion.
