Three parallel deals are re-sorting who owns the drugstore-to-prestige bridge: Coty's strategic review of CoverGirl/Rimmel/Max Factor/Sally Hansen, Henkel's $1.4B acquisition of Olaplex at a 55% premium, and Kimberly-Clark's $48.7B Kenvue deal that lands Neutrogena and Aveeno next to Kleenex.