What Elf’s $1 billion Rhode bet means for the future of celebrity beauty

Following its $1 billion acquisition of Hailey Bieber’s Rhode, Elf Beauty now faces the real challenge: sustaining growth in a crowded, skeptical celebrity beauty market with evolving Gen Z expectations.

Jun 2, 2025 - 08:30
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What Elf’s $1 billion Rhode bet means for the future of celebrity beauty
Following its $1 billion acquisition of Hailey Bieber’s Rhode, Elf Beauty now faces the real challenge: sustaining growth in a crowded, skeptical celebrity beauty market with evolving Gen Z expectations.