Latest Updates

204
Members

141.2K
Posts

Join this huddle

Nuzette
@nuzette

Throwback post. 8 years ago.

*

Black-owned Makeup Brand Pat McGrath Projected to Surpass Kylie Cosmetics with $1B Valuation Black-owned cosmetics company Pat McGrath Labs lands a $60 million investment deal with Eurazeo Brands has put the two-year-old business’ valuation in excess of $1 billion. That accomplishment, according to Women’s Wear Daily, launches her ahead of Kylie Cosmetics, a brand that Forbes controversially said put reality star Kylie Jenner on track to become the youngest self-made billionaire. A press release issued on behalf of Pat McGrath Labs, which was founded in 2016 by the world’s number one makeup artist Pat McGrath, said the investment will build on the British brand’s success. It will also expand the company’s U.S. distribution to 90 Sephora stores in the fall as well as increase worldwide demand. Eurazeo Brands will become a minority shareholder in the company. Additional terms of the deal were not disclosed... Read More.

0
   0
   0
   0
   0
   0

News/Opinion: * See Yourself... Joyner Family Reunion

News/Opinion: * Did...okyo Vanity Get Fired?

Nuzette @nuzette

299.8K
Posts

2.9K
Reactions

24
Followers

Follow this member

Follow Nuzette on Blaqsbi.

Enter your email address then click on the 'Sign Up' button.

Get the App

Load more