Launchmetrics has acquired its main competitor, DMR, to enhance its data and analytics capabilities, solidifying its position as the market leader in Brand Performance within the Fashion, Luxury, and Beauty industries.
Information on the Target
Launchmetrics, a prominent Brand Performance Cloud provider within the Fashion, Luxury, and Beauty (FLB) sectors, has recently acquired its major competitor, DMR. This strategic acquisition positions Launchmetrics as the industry leader, expanding its service offerings to over 1,200 FLB brands. The merger combines Launchmetrics' cutting-edge technology with DMR's two decades of historical data and customer-focused expertise.
DMR has established itself as a reliable partner for numerous fashion, beauty, and luxury brands by offering tailored media planning and communication strategies. As a result of this acquisition, clients from both companies stand to benefit from a broader range of analytics and insights, reinforcing the integrated Brand Performance solutions they require.
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Industry Overview in the Target’s Specific Country
The Fashion, Luxury, and Beauty industry is a vital economic driver in many countries, especially in regions known for high fashion such as France, Italy, and the United States. With brands investing over $250 billion annually in activities linked directly to their b
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Launchmetrics
invested in
DMR
in 2022
in a Buyout deal