British hair straightener maker GHD is being sold for £420m to an American company that owns some of the world's best-known hair styling brands. GHD - “Good Hair Day” - was founded by three entrepreneurs in Bradford in 2001 for £15,000. Since then its ceramic straightening irons and hairdryers have become popular with stylists and celebrities. Read more at BBC.
US firm Coty is acquiring the business, where it will sit alongside global hair care brands such as Wella and Clairol.Read More