Pat McGrath Labs is up for Auction?!
In this week’s GlowJob News Roundup, Julia & Sasa unpack beauty’s biggest shakeups: Pat McGrath’s asset fire sale, why Rare Beauty going to Ulta signals a major shift in Sephora’s power, and Estée Lauder putting Too Faced, Dr. Jart+ and Smashbox up for sale.
They also break down Olaplex’s 36% stock surge amid Henkel acquisition rumors, what Saks Fifth Avenue’s Chapter 11 filing really means for beauty brands, Topicals’ newest celebrity investors (Angel Reese).
Plus: Equinox’s viral “AI slop” campaign, the rise of live betting on Polymarket/Kalshi, and some unhinged pop culture news — from…
The skinny
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