JD Sports Fashion has acquired an unspecified stake in Hairburst, an international U.K.-based e-tailer for vitamins for hair growth, shampoos, conditioners and other cosmetics, according to The Times of London. According to the newspaper, JD will assist Hairburst’s management in the acquisition of other beauty brands. It quoted Peter Cowgill, executive chairmn of JD, as saying that he was impressed by the capabilities of the management team, who have a strong identity and connection with millennials and Gen Z consumers.”

Topics