1. Department: HBC

Private equity firm agrees to buy Uoma Beauty assets

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MacArthur Beauty “saw an opportunity to save this brand and turn it around” after the company received a warning notice from the U.K. government.

Uoma Beauty products on a shelf

Uoma Beauty products. The beauty brand’s founder, Sharon Chuter, annpunced in May she stepped down as CEO and exited the company’s board.

Tibrina Hobson via Getty Images

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