Vidacorp Rebrands as Axia Beauty Group, Moves HQ to New York

Australian beauty company Vidacorp will rebrand as Axia Beauty Group and relocate its global headquarters from Melbourne, Australia to New York City, the company told Business of Fashion.

The move signals an ambition that goes well beyond the company's home market. Vidacorp owns Mco Beauty, the brand known for its prestige-inspired "dupes," along with Nude by Nature and Poni.

Mco Beauty has built its business by offering affordable alternatives to best-selling prestige products. This summer, the brand launched a setting spray based on the formula behind Urban Decay's best-selling spray called "All-Nighter."

The company also announced a new global headquarters and a chief marketing officer, according to the report. Business of Fashion did not disclose the identity of the new CMO in the accessible portion of the article.

The rebrand consolidates the company's portfolio under a new corporate identity as it pushes into the North American market. The relocation from Melbourne to New York places the group's leadership at the center of one of the world's largest beauty markets.

For Mco Beauty, the corporate shift comes as the dupe category it operates in continues to attract both consumer attention and controversy. The brand's setting spray launch, modeled on Urban Decay's All-Nighter formula, illustrates the strategy that has fueled its growth: replicating the formulas of prestige bestsellers at lower prices.

The name change to Axia Beauty Group takes effect as the company positions its three brands — Mco Beauty, Nude by Nature and Poni — for a broader international footprint under a single corporate umbrella.

The New York headquarters announcement follows a pattern among ambitious beauty groups: establishing a presence in the United States as a signal of global intent. The new chief marketing officer hire suggests the group is building out a senior leadership team to match that expansion.

The rebrand, the headquarters move and the CMO appointment together mark the most significant corporate restructuring in the company's recent history, and they position Axia Beauty Group to compete more directly in the American beauty market where its flagship brand's prestige-inspired playbook was born.