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The investor perspective: Rhode’s swift ascent, strong brand identity and still unrealised opportunity to enter broader distribution via retail partnerships, make it an attractive acquisition target. “Hailey Bieber and her team have done a terrific job of being able to produce skincare products that resonated with the consumer, very high-repeat-rate items, with good margins,” says Nicole Quinn, partner at investment firm Lightspeed Ventures. “It’s a brand that investors respect.” Rich Gersten, co-founder and managing partner at investment firm True Beauty Ventures, says the primary consideration for investors will be whether this three-year-old brand’s explosive growth will stand the test of time.We Hate You And Hope You Die Love Fall Out Boy Shirt
Launched in 2022, skincare and cosmetic brand, Rhode, reportedly reached nearly $200 million in annual revenue within just two years, with a successful entry into colour cosmetics with lip tints and blush. The brand: Founded in 2020 by Selena Gomez, Rare Beauty centres on inclusivity and mental health advocacy, aligning brand marketing campaigns with its Rare Impact Fund and events like the Rare Impact Benefit and Mental Health Summit, which helped drive $172 million in EMV for Q1 2025, up 17.5 per cent year-on-year. The brand is sold both direct-to-consumer (DTC) and via retailers including Sephora (global), Space NK (UK) and Blush Bar (Colombia, Chile). Its bestselling product? The Soft Pinch Liquid Blush, which sold every three seconds in 2024, according to the company. Per media reports, Rare surpassed $400 million in net sales in the 12 months ended February 2024, though the brand declined to confirm figures.
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