ASCP, ISPA and PBA Receive 2026 Power of Associations Award for Esthetics Licensure Compact
This shared recognition celebrates the strength of industry collaboration in advancing professional mobility.
by Stacey Soble
Coty Announces GHD Acquisition Agreement: The Tool Line to Join OPI, Wella in Growing Pro Beauty Portfolio
On Oct. 17, Coty announced it has reached an agreement to acquire GHD (www.ghdhair.com), a premium brand in high-end hairstyling appliances from Lion Capital LLP.
October 17, 2016
2 min to read
Coty announced on October 17, 2016 that it has reached a definitive agreement to acquire GHD, a brand of high-end hairstyling appliances from Lion Capital LLP for approximately $510 million.
The addition of GHD's high-performance lines of flatirons, blow dryers, curling irons and other styling appliances is expected to further strengthen Coty’s position in the professional hair category.
"This move underlines Coty’s commitment to continually elevate professional beauty and serve salon professionals and their clients with standard-setting products and services," says Sylvie Moreau, President of Coty Professional Beauty. "I am delighted to see these three iconic salon brands—Wella, OPI and GHD—come together under the Coty Professional Beauty division."
GHD, which stands for “Good Hair Day,” generated ₤178 million in revenues in fiscal year 2016. The brand, which is headquartered in London and has commercial operations in the United Kingdom, Australia, the U.S., Germany, France, Spain, Italy and other markets, has been expanding from its core salon channel into premium retail and e-commerce. GHD will become part of the Coty Professional Beauty division, where it will be managed as a standalone business led by its current CEO Anthony Davey and management team. Davey will report to Moreau.
“We are pleased to bring GHD's highly skilled management team and its employees into Coty as we continue to strengthen our core business through the addition of innovative market-leading brands and products," says Camillo Pane, Coty CEO. "Not only do we expect GHD to strengthen our professional hair portfolio and enable Coty to provide even better hair solutions, but we also believe there is strong growth potential for GHD across several markets.”
Anthony Davey, ghd CEO, added: “This is a fantastic opportunity for the ghd brand and its team. The combined expertise and capabilities of ghd and Coty will be a powerful force of innovation in the hair business. Together, we will further excite and delight our existing salon partners, clients and consumers, and attract many new ones across the world."
The transaction is subject to regulatory clearances and other customary closing conditions, and is expected to close by the end of calendar year 2016.
Originally posted on Modern Salon
More In The Know
In Dubai, Clients Visit the Salon Every Week. Here’s What That Market Can Teach You
In Dubai, a salon visit isn’t an appointment. It’s a weekly routine, and clients can spend $800 to $1,400 a month on it, according to Gaurav Tripathi of MADI International. On October 6-8, 2026, the market behind those numbers opens its doors as Beautyworld Dubai marks its 30th edition at the Dubai World Trade Centre, bringing together distributors, brands, stylists and salon owners from all over the world.
Take the Plunge with HairToSay Does the Bay
In October, volunteers plan to walk and take the plunge during at the annual event, HairToStay Does the Bay. Find out how you can participate and support the organization that grants subsidies to cancer patients so they can receive cold cap treatments to save their hair during chemotherapy.
Stop Losing Clients to Hair Thinning
At Premiere Orlando 2026, SALON TODAY catches up with Easihair Pro's Angela Gilmore, who talks about why stylists lose clients who are suffering from thinning hair and hair loss, and how their new Hairlosophy line can help.
by Stacey Soble
New Torah-Inspired Card Deck Introduces a Color-Based Approach for Reflection and Decision-Making
Illuminated Paths is a boxed set of 52 cards, a guidebook, and an Oracolor Wheel, a visual framework that helps readers reconnect with the qualities they want to bring into everyday life.
by Stacey Soble
The Invisible Work of a Rebrand
In this rare essay, the president of a haircare brand takes us behind-the-scenes into a world we never see when we pick up a product off the shelves--the arduous, thought-probing, second-guessing journey of rebranding a legacy product line. Not only is her reflection fascinating, but it is also incredibly useful for any salon owner or manufacturer contemplating their own brand.
Minerva Beauty Celebrates its 20th Anniversary with a Service Tray Giveaway
Twenty lucky winners will be selected July 30th, and each will be able to choose from three different service tray models.
by Stacey Soble
Three Blokes, One Mountain, One Cause
Motivated by loved ones who have battled cancer, Phorest's Barry Quinn and two friends will embark on a three-day trek to the summit of the highest peak in North Africa in September, raising money for HairToStay. Find out how you can help them.
by Stacey Soble
Harper Ellis Hair Co. Shows Up for Beauty Professionals with Their Biggest Investment Yet
The company's Back to Business Sweepstakes is a direct investment in the stylists and salon owners who are building something that lasts.
by Staff
The Calendar Illusion: Why Your Salon's May Revenue Isn't What It Seems
Owners start to worry when a month's sales come up short compared to the same period last year, but that may have more to do with the days in the month than with an actual decline. The KIM Report's Alain Audet points to May 2026 as a prime example.