Stock market jitters, recession fears and President Donald Trump’s mercurial trade policy are often cited as reasons to hold off on making any big decisions. And yet the fashion and beauty industries’ deal sheets keep getting longer.
Since Trump announced his tariff policy in April, there have been five major acquisitions, from Prada Group’s $1.4 billion acquisition of Versace to E.l.f.’s $1 billion buyout of Hailey Bieber’s Rhode on Wednesday. And that’s not counting the…

