Hailey Bieber Champions Beauty Entrepreneurs After Rhode Skincare’s Billion-Dollar Milestone

Hailey Bieber received a major beauty industry award. The Wall Street Journal honored her as a Beauty Innovator. The ceremony was in New York City on October 29.

This recognition comes after her brand, Rhode, was acquired in a landmark deal. The model used her acceptance speech to praise fellow founders.

From Model to Mogul: The Rhode Skincare Success Story

Hailey Bieber expressed deep gratitude for the honor. She noted only the legendary Pat McGrath had received it before. According to PEOPLE, her role continues despite the brand’s sale.

Bieber now serves as chief creative officer. She oversees product innovation and marketing. Her speech highlighted the courage needed to launch a brand.

She specifically applauded anyone taking that leap. The beauty world has embraced her, she said. She cherishes being part of this innovative industry.

A Billion-Dollar Deal and a New Industry Chapter

The context for this award is significant. Rhode skincare was recently acquired by e.l.f. Beauty. The reported price was one billion dollars.

This deal underscores the brand’s massive impact. It also validates Bieber’s vision as a founder. Her new position allows her to keep shaping the brand’s future.

The acquisition signals a shift in the beauty landscape. Celebrity-founded brands are achieving serious commercial scale. Bieber’s journey offers a blueprint for others.

Hailey Bieber’s advocacy for fellow founders highlights her evolving role beyond celebrity. Her success with Rhode skincare proves the power of authentic vision in a crowded market.

Thought you’d like to know

What award did Hailey Bieber win?

Hailey Bieber won the Beauty Innovator Award. The Wall Street Journal presented it at their Innovator Awards. She is only the second person to receive this honor.

What happened to Hailey Bieber’s brand, Rhode?

Rhode was acquired by e.l.f. Beauty. The deal was valued at one billion dollars. Hailey remains as chief creative officer and head of innovation.

What did Hailey say in her acceptance speech?

She said launching a brand takes immense guts. She celebrated every founder on the journey with her. Bieber expressed deep gratitude for the beauty community.

Why is this award significant for Hailey?

It marks her transition from model to respected industry figure. It recognizes her business acumen post-acquisition. The award places her alongside iconic makeup artist Pat McGrath.