Kao USA Inc. has signed an agreement to acquire Oribe Hair Care from its owners, Luxury Brand Partners. Daniel Kaner, Co‐founder and currently Co-President of Oribe Hair Care, will be named President of the newly acquired entity. Terms of the deal were not disclosed.
Oribe, founded in 2008 as a prestige hair care brand by hair stylist Oribe Canales and Luxury Brand Partners’ Daniel Kaner and Tevya Finger, is now a globally distributed luxury beauty brand known for its fragrant formulas and luxe packaging. The business will join the Kao Salon Division portfolio of professional brands, including Goldwell and KMS. While already sold around the world, Oribe looks to capitalize on Kao’s Salon Division’s extensive global distribution network to expand internationally.
Oribe, which industry sources said generates more than $90 million in sales annually, offers hair care, skin care, body care, makeup, tools and accessories. The brand holds a strong presence in top‐tier professional salons as well as in leading specialty retailers around the world.
“Oribe is a stellar brand and a perfect fit for the Kao Salon Division portfolio,” said Cory Couts, Global President, Kao Salon Division. Best selling items include Oribe Root Touch Up Spray ($29); Masque Beautiful Color ($63) and Shampoo Brilliance and Shine ($49).
“We have always believed that hair care should be an immersive and luxury experience, and Kao is incredibly supportive of the high standard that we set for ourselves,”said Daniel.
Oribe will continue to be based in New York City under current management, reporting to Kao Salon Division.
The acquisition is subject to normal regulatory review and approval.