A significant shift in the ownership structure of Kayali, a renowned fragrance brand, has been unveiled. The brand, initially co-founded by Huda and Mona Kattan in 2018, is now transitioning into a new phase of its development. General Atlantic, a leading global growth equity firm, will join Mona Kattan as the joint owner of Kayali. This strategic move positions Kayali to operate independently, marking a pivotal moment in its history.
Mona Kattan, who remains at the helm as CEO, expressed her enthusiasm about this transition. She highlighted that from the very beginning, her vision was to establish a fragrance brand that fosters confidence, creativity, and self-expression. With the support of General Atlantic, Kayali is poised to explore fresh opportunities, broaden its international footprint, and continue pushing boundaries in the fragrance sector through innovative and daring initiatives. This partnership promises not only financial backing but also strategic guidance to help Kayali achieve its ambitious goals.
The future of Kayali looks bright and promising. As it steps into this new chapter as an independent entity, the brand is committed to inspiring individuals worldwide to embrace their unique identity and express themselves boldly. This transformation underscores the importance of innovation and adaptability in the beauty industry, setting a positive example for other brands to follow.