BH Cosmetics Files for Bankruptcy Breaking News The DTC brand relied on celebrity partnerships with people such as Doja Cat and Iggy Azalea. 01.21.22 BH Cosmetics, which created cosmetics formulas for and, has filed for bankruptcy. Launched in 2009, BH was a direct-to-consumer color cosmetics brand focused on the Millennial/Generation Z consumer. The company sold its products online, as well as through and other retailers.
- Filed for Chapter 11 bankruptcy protection in Wilmington, DE, on January 14.
- The company said it will sell its intellectual property for $4.3 million.
- BH’s chief restructuring officer, Spencer Ware from Riveron Management, said that the company struggled to obtain profitability after “pursuing an ultimately unsuccessful launch of various product lines.” BH is majority owned by, which acquired it in 2018.
: BH Cosmetics Files for Bankruptcy
Who acquired BH Cosmetics?
THE WHAT? The Revolution Beauty Group has acquired BH Cosmetics for US$3.9 million, financed through the Group’s existing cash resources. THE DETAILS Launched in Los Angeles in 2009, Badass with Heart (BH) Cosmetics sells vegan and cruelty-free cosmetics aimed at Gen Z consumers.
The brand sells through its own direct to consumer (DTC) channel, and several focused retailers across the US and Germany. According to a press release, “Revolution Beauty will consolidate BH Cosmetics into the wider Group’s operations over the course of 2022, leveraging synergies across existing product development, supply and distribution.
Revolution intends to re-energise the BH brand with new products and utilise both Revolution Beauty and BH’s relationships in the US, UK and internationally. “Given this, sales attributable to the acquisition during the first half of the financial year ending 28 February 2023 are expected to be minimal as Revolution Beauty onboards new BH suppliers, builds stock levels and integrates BH into the Group’s operations.” THE WHY? BH Cosmetics is said to complement Revolution Beauty’s existing portfolio, building on its digital first and global platform strategy.
Is BH Cosmetics a good make up brand?
If you’re on the hunt for affordable and high-quality makeup, BH Cosmetics is definitely a brand you’ll want to check out. In this BH Cosmetics review, we’ll be taking a closer look at some of their most popular products, including eyeshadow palettes, brushes, and lipsticks.
Who is the CEO of BH Cosmetics?
Yannis Rodocanachi serves as the CEO / President of BH Cosmetics.
Where is BH Cosmetics based?
Where is BH Cosmetics’s headquarters? BH Cosmetics’s headquarters is located at 2801 Burton Ave, Burbank.
Who owns Revolution makeup?
Revolution Beauty
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Revolution Beauty is a UK based beauty company that was founded in 2014 by Adam Minto and Tom Allsworth, it provides makeup, skincare and hair products. The brand currently has 220 employees and an annual turnover of $139 Million. Their products are sold online as well as carried in,, and stores. Revolution Beauty Founded2014FounderAdam Minto, Tom Allsworth,HeadquartersKent, UK Number of employees 220Websitewww.revolutionbeauty.com Revolution Beauty is based around the principles of inclusivity and affordability in makeup, with the brand making sure to add a diverse range of affordable products.
- The company has faced claims from brands such as and beauty for allegedly plagiarizing makeup designs and concepts, claims which co-founder Adam Minto denies.
- All Revolution products are all cruelty free, with 76% of the brand stocking products.
- In 2019, Revolution Beauty was named within the as the fastest growing beauty brand in the UK.
- In 2021, Revolution Beauty made its stock market debut, with and pledging shares.
Does BHS test on animals?
Is BH Cosmetics Cruelty-Free? – Yes, BH Cosmetics is a cruelty-free brand. In fact, here is information that was taken directly from their FAQ page: “BH Cosmetics is proud to be a 100% cruelty-free brand. We’re fully committed to providing customers with products that are unsurpassed in safety and quality, and adhering to legal requirements wherever we do business.
We do not test any products or ingredients on animals, nor do we ask others to test on our behalf. Additionally, we require our manufacturers to sign a legally binding document stating that they do not test our products on animals.” There’s also an important issue to take into consideration. BH Cosmetics conducts manufacturing in Chinese soil, which means their products are made in China.
Some people may think that in order to manufacture cosmetics in China, animal testing is required, but that is not the case. That is only an issue if the BH Cosmetics intended to sell their products to Chinese consumers. Plus, BH Cosmetics is certified by the Leaping Bunny Organization.
Who is milk makeup owned by?
THE BRAND – Milk Makeup was founded by Milk co-founder Mazdack Rassi, product developer and COO Dianna Ruth, seasoned Milk Girl and creative director Georgie Greville, and beauty + fashion editor and E! News correspondent Zanna Roberts Rassi. All aspects of the line are developed in-house at Milk Studios, our downtown NYC home. : About Milk Makeup Cosmetics: Vegan & Cruelty-Free
Who acquired Laura Mercier?
Orveon Acquires BareMinerals, Buxom & Laura Mercier from Shiseido Breaking News Shiseido Americas has finalized its agreement with Advent International and its newly formed affiliate, Orveon 12.07.21 Advent International has announced the closing of its agreement with Shiseido Americas, and has formed a new affiliate, Orveon.
- Orveon is the new owner of three of Shiseido Americas’s iconic cosmetic brands—bareMinerals, Buxom and Laura Mercier.
- Advent International is one of the largest global private equity investors.
- We first in August, and it was finalized yesterday.
- Advent states, “The official closing marks the start of a new path forward for the acquired businesses and their employees to join the ecosystem of the newly created Orveon company, forming a standalone collective of premium and prestige beauty brands.” Orveon plans to accelerate the growth of these brands by focusing on their quality, innovation and authenticity.
Upon closing of the deal, employees of bareMinerals, Buxom, and Laura Mercier, as well as about 350 employees in corporate support functions, moved from Shiseido to the newly formed parent company, Orveon. Pascal Houdayer will serve as Chief Executive Officer of Orveon, or “Social Architect,” as he describes himself, bringing more than 30 years of experience in the beauty industry.
- With Orveon, we are embarking on a journey to bring the world a new type of beauty company defined by solidarity, stark honesty and benevolent activism,” said Houdayer.
- We intend to unite these powerhouse brands and move to an era of innovative evolution, that will break down category barriers and societal conventions to form a sustainable face care expert.
I feel honored to be a part of a team creating a space in which the industry and consumers can be advocates for change for the better.” Orveon, which can be found at, says it is “creating the future of the face.” The company states: “Visionary founders and owners of these brands have built a solid foundation of beautiful products and strong customer support.
Orveon aims to bring additional innovation that both embraces these brands’ unique DNA while continuing to push towards skin health and overall wellness, enabling beauty built on a foundation of health.” Orveon says it will champion the values of bareMinerals, BUXOM and Laura Mercier and put the consumer at the center, while making measurable cultural strides toward a “reimagined world of beauty.” The company aims to and create a genuine bond with the consumer, both online and offline.
This purchase follows Advent’s acquisition of prestige hair-care brand Olaplex in January 2020. on Nasdaq in September 2021 after enhancing its direct-to-consumer capabilities, expanding internationally and building a long-term, science-based product innovation pipeline.
Advent was also the majority owner of Douglas, Europe’s leading beauty retailer, from 2013 to 2015. During that time, Advent helped the company enhance its profile, expand its international presence, and transform from a diversified retail conglomerate to a specialist retailer of selective beauty products.
“We are thrilled to bring together three leaders in prestige beauty to build Orveon and are thankful toward Shiseido for being a supportive partner throughout this transaction,” said Tricia Glynn, a Managing Director at Advent. “With Pascal as CEO, we believe this collective will accelerate the growth of its individual brands, showcasing its expertise to cater to a complete face care routine across a diverse set of consumers for a modern world.” Orveon will be headquartered in New York City, with regional headquarters in London and Tokyo.
Is BH Cosmetics an indie brand?
Dive Brief: –
After stepping up its marketing and product development last year, indie beauty brand BH Cosmetics last week filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware, according to court documents, BH Cosmetics’ efforts to sell its assets, including most of its inventory and intellectual property, have resulted in a stalking horse bid for about $4.3 million, according to another filing, The company blamed changes to beauty routines brought on by the pandemic as a reason for its filing, saying its revenue dropped from $55.8 million in 2019 to $33.6 million in 2020.
Who is the owner of British cosmetics?
Led by Dimuth Jagodaarachchi & Nirosha Jagodaarachchi, the experienced professionals with a wealth of experience in the industry, the British Cosmetics team is one that values integrity and professionalism above all else.
Who is the new CEO of Gotha cosmetics?
Italy-based cosmetics manufacturer Gotha Cosmetics has appointed Paolo Valsecchi as new Chief Executive Officer, succeeding to René Baaring.
What does BH stand for in makeup?
BH Cosmetics has collaborated with rappers Doja Cat and Australia’s own Iggy Azalea. BH Cosmetics has built up a cult following in Australia. Launched in Los Angeles in 2009, the acronym stands for Badass with Heart (BH) and the brand specialises in vegan and cruelty-free makeup, brushes and tools aimed at Gen Zers.
- Popular in the US and Germany, the DTC player is available on several Australian websites such as Glam Raider (official stockist), Chemist Beauty, Catch and Amazon and has collaborated with rappers Doja Cat and Australia’s own Iggy Azalea,
- The Covid-19 pandemic hit BH Cosmetics hard.
- Global sales reached US$55.8 million in 2019, but plummeted to US$33.6 million in 2020.
The company was forced to file for Chapter II bankruptcy in mid-January this year. Revolution Beauty, the fast-growing UK brand which went public last year, has ridden to the rescue, acquiring BH Cosmetics for the knockdown price of US$3.9 million. Revolution is also famed for its affordable on-trend ranges, including Makeup Revolution, Revolution Plex Hair, Revolution Tanning, Revolution Skincare and Revolution Wellness.
Makeup Revolution debuted in Priceline in early 2019 and also operates its own Australian website – www.revolutionbeauty.com.au, The company’s products are available in more than 15,000 doors in the UK, the US, Australia and other markets, including Boots and Ulta Beauty, Global sales for the first half of its fiscal year ended August 31st spiked 39 per cent year-on-year to AUD$146.1 million.
Revolution Beauty’s strategy is to integrate BH Cosmetics into the group’s overall operations by the end of this year. The company will reinvigorate the brand with new products and expand its reach internationally. Adam Minto, CEO of Revolution Beauty, believes in the synergy of the two brands.
What country is Maelys cosmetics from?
MAËLYS is located in New York, New York, United States. Who invested in MAËLYS?
Where is Maybelline based?
From Wikipedia, the free encyclopedia
Type | Subsidiary |
---|---|
Industry | Cosmetics |
Founded | 1914 ; 109 years ago in Chicago as The Maybelline Company |
Founder | Thomas Lyle Williams |
Headquarters | Manhattan, New York City, U.S. |
Area served | Worldwide |
Key people |
Suhana Khan | (Brand Ambassador, US) |
Products |
|
Parent | L’Oréal |
Website | www,maybelline,com |
Maybelline New York (formerly The Maybelline Company and Mabelline and Co.), trading as Maybelline ( MAY -bi-leen ), is an American multinational cosmetics, skin care, fragrance, and personal care company, based in New York City, It was founded in Chicago in 1914, and has been a subsidiary of French cosmetics company L’Oréal since 1996. Suhana Khan appointed as Brand Ambassador in 2023.
Is NYX cruelty-free?
Compassion for living beings is at the core of our brand, which is why NYX Professional Makeup is certified by PETA as cruelty-free. This means we do not test our products or ingredients on animals, nor do we ask anyone to test on our behalf.
Is Kylie cosmetics cruelty-free?
Is Kylie Cosmetics vegan? – Kylie Cosmetics is cruelty-free but not 100% vegan, meaning that some of their products contain animal-derived ingredients.
Is BH Cosmetics cruelty-free and vegan?
SAFETY FIRST – From palettes to brush sets to highlighters – each product is assessed for safety by reviewing hazard, exposure, and risk level of each ingredient based on the product’s intended use. Our products and ingredients conform to cosmetic regulations set forth by the U.S.
- Preservative efficacy testing (PET) to ensure all our preservative levels are effective against bacteria
- Repeat insole patch test (RIPT) for skin irritation
- Ocular testing to test the safety of the product to be used in the eye area
- Heavy metal testing to ensure that no heavy metals were used
- We’re proud to say that bringing you the highest grade cruelty-free, vegan, clean, sustainable & safe cosmetics will forever be our first priority!
- We’re not perfect, but we’re making sure to take steps to get better every day!
- With love from LA,
- The BH Cosmetics team
: Clean Beauty: Defined
Are Nivea products cruelty-free?
DOES NIVEA USE PALM OIL IN ITS PRODUCTS? – Beiersdorf, the organisation behind the NIVEA brand, shares your concern about palm oil. We are aware of our responsibilities towards the environment and society, and would like you to know that we do not use palm oil directly in our NIVEA products.
- Some of the ingredients used in our products are surfactants and emulsifiers that do contain oils from various vegetable sources, including palm, coconut, avocado and canola.
- Beiersdorf does not directly purchase palm oil for the manufacture of cosmetics and produces no reprocessed palm oil or palm kernel oil-based materials.
But as it is customary in the cosmetics industry, we use essential auxiliary materials such as emulsifiers and surfactants (fatty alcohols, fatty acids and glycerides) in a series of products. These materials are typically produced from mineral and plant oils; plant sources include coconut oil, rapeseed oil, palm oil and palm kernel oil.
- As a member of the Roundtable on Sustainable Palm Oil (RSPO), Beiersdorf supports the extraction of sustainable farming methods of palm oil.
- In both cooperation and disputes with our suppliers, we are trying to ensure that in the future only sustainably produced, certified palm oil/palm kernel oil is used in the manufacture of our ingredients.
Until such time as our suppliers are able to acquire only sustainable palm oil/palm kernel oil, we purchase palm oil/palm kernel oil certificates (Book & Claim). For this purpose, we have assembled a team whose task it is to develop a process for achieving this objective and to guarantee its implementation.
What does BH stand for in makeup?
BH Cosmetics has collaborated with rappers Doja Cat and Australia’s own Iggy Azalea. BH Cosmetics has built up a cult following in Australia. Launched in Los Angeles in 2009, the acronym stands for Badass with Heart (BH) and the brand specialises in vegan and cruelty-free makeup, brushes and tools aimed at Gen Zers.
Popular in the US and Germany, the DTC player is available on several Australian websites such as Glam Raider (official stockist), Chemist Beauty, Catch and Amazon and has collaborated with rappers Doja Cat and Australia’s own Iggy Azalea, The Covid-19 pandemic hit BH Cosmetics hard. Global sales reached US$55.8 million in 2019, but plummeted to US$33.6 million in 2020.
The company was forced to file for Chapter II bankruptcy in mid-January this year. Revolution Beauty, the fast-growing UK brand which went public last year, has ridden to the rescue, acquiring BH Cosmetics for the knockdown price of US$3.9 million. Revolution is also famed for its affordable on-trend ranges, including Makeup Revolution, Revolution Plex Hair, Revolution Tanning, Revolution Skincare and Revolution Wellness.
- Makeup Revolution debuted in Priceline in early 2019 and also operates its own Australian website – www.revolutionbeauty.com.au,
- The company’s products are available in more than 15,000 doors in the UK, the US, Australia and other markets, including Boots and Ulta Beauty,
- Global sales for the first half of its fiscal year ended August 31st spiked 39 per cent year-on-year to AUD$146.1 million.
Revolution Beauty’s strategy is to integrate BH Cosmetics into the group’s overall operations by the end of this year. The company will reinvigorate the brand with new products and expand its reach internationally. Adam Minto, CEO of Revolution Beauty, believes in the synergy of the two brands.
What does BH stand for in cosmetics?
Revolution Beauty acquires US brand BH Cosmetics British cosmetics group Revolution Beauty announced Friday it has bought certain intellectual property assets and inventory of US cosmetics brand BH Cosmetics Holdings out of Chapter 11 bankruptcy. Revolution Beauty said the deal was worth 3.9 million dollars, and will be financed through the group’s existing cash resources.
- It said it will “consolidate BH Cosmetics into the wider group’s operations over the course of 2022, leveraging synergies across existing product development, supply and distribution”.
- It also plans to “re-energise” the BH brand with new products and “utilise both Revolution Beauty and BH’s relationships in the US, UK and internationally”.
BH Cosmetics – which stands for Badass with Heart Cosmetics – was launched in LA in 2009. The Gen Z-targeted company specialises in vegan and cruelty-free cosmetics. The business, which counts over 6.5 million social media followers, sells through its own direct to consumer channel, as well as several focused retailers across the US and Germany.
BH Cosmetics filed for Chapter 11 Bankruptcy Code protection in the US Bankruptcy Court on January 14 of this year.Revolution Beauty founder and CEO Adam Minto said the acquisition will help the group to accelerate growth in the US while leveraging its existing global ecosystem of distribution.Minto said: “Like us, BH has a strong heritage as a challenger brand and has disrupted the traditional beauty market in the US through their innovation.
“We remain focused on building a British global beauty brand, capturing the vast market opportunity in mass beauty, and continuing to win customers around the world. We’re confident the acquisition will deliver sustainable value for all our stakeholders over the long-term.” : Revolution Beauty acquires US brand BH Cosmetics