In a notable move within the beauty industry, private equity firm General Atlantic has secured counsel from Latham & Watkins, Gibson Dunn & Crutcher, and Skadden Arps Slate Meagher & Flom for its investment in Dubai-based Huda Beauty. Known for its significant presence on social media, Huda Beauty, founded by influencer Huda Kattan and her sisters, is divesting its fragrance line. The company, which began with a modest $6,000 loan, has grown into a comprehensive cosmetics and skincare brand with a massive social media following. For more information, visit the original article.
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