Eric Bilenko News Today

Los Angeles-based Monogram Capital Partners, which invests in D.S. & Durga, is the new owner of Tru Fragrance & Beauty, owner of Le Monde Gourmand.

Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers. The partnership builds on Tru's impressive growth over the past three years, during which the company's owned brands d...