Beauty Store Business magazine - January, 2020


JD Beauty and Goody to Merge

JD Beauty, the parent company of WetBrush, Bio Ionic and Ouidad, announced this week that it will merge with Goody Products, an iconic manufacturer of hairstyling tools and accessories.

ACON Investments, the private equity firm that purchased Goody from Newell Brands in August 2018, has signed a definitive agreement to buy a controlling interest in JD Beauty from Topspin Partners, a consumer-focused private equity firm.

JD Beauty Acquires Ouidad

This week, JD Beauty Group announced its acquisition of Ouidad, a curly haircare and styling brand beloved by industry professionals and consumers alike. This makes Ouidad another industry-leading brand to add to JD Beauty's portfolio of haircare and styling tools, which includes WetBrush and Bio Ionic. JD Beauty is based in New York and was founded in 1977.