Canadian color cosmetics brand Nudestix has been acquired by a U.S.-based private group, it said Friday, although it declined to reveal the buyer. Other terms of the deal are also unknown, apart from that the brand’s cofounders, mother-daughter Jenny Frankel and Taylor Frankel, will remain with Nudestix. More from WWD The Toronto-based brand also said that it acknowledges that the acquisition process “coincided with temporary operational shifts, including limited marketing activity, challenged inventory ...