Posts Tagged ‘Julep’

THE BUSINESS OF BEAUTY: GLANSAOL FILES FOR BANKRUPTCY

Thursday, December 20th, 2018

Instagram @ clarksbotanicals

Glanasol, the prestige parent company of beauty brands, Clark’s Botanicals, Laura Geller Beauty, and Julep, filed for Chapter 11 bankruptcy protection on December 19th.  Glanasol (which means “pure life” in Irish), was founded in 2016 through a partnership between former Revlon President and CEO, Alan Ennis, and private equity firm, Warburg Pincus.  Principals at Glanasol attribute the venture’s failure to declining sales (based on the reduction of brick and mortar business), poor product projections, and chargebacks.

AS Beauty, owned by the Shamah (e.l.f. Beauty) and Azrak families, has proposed to purchase all three brands in an offer of $16.2 million.  “AS Beauty really values the opportunity to be able to manage three prestige brands that have a lot of runway for growth in their current distribution channels, and being able to run [prestige brands] with a lot of the operational efficiencies we’ve had from the previous companies we’ve run,” Joey Shamah told WWD Thursday.

UNDERCOVER AGENT REVEALED: ANDREA!

Thursday, March 17th, 2016
Iphone 5 482
AGE:  34
CITY/STATE:  Franklin, WA
AM BEAUTY ROUTINE:   Cleanse, tone with Simple Micellar Water, apply Clinique All About Eyes Serum De-Puffing Eye Massage, Dior One Essential Intense Skin Detoxifying Booster Serum, Clinique Pore Refining Solutions Stay-Matte Hydrator, Dermalogica Total Eye Care, Dermalogica SkinPerfect Primer, translucent powder, and makeup (varies)
PM BEAUTY ROUTINE:  Neutrogena Cleansing Wipes, witch hazel, Julep What Your Skin Needs Restorative Facial Milk, Philosophy Renewed Hope In A Jar, StriVectin TL Advanced Tightening Neck Cream
CAN’T LIVE WITHOUT PRODUCT:  Dior One Essential Intense Skin Detoxifying Booster Serum
CAN’T LIVE WITHOUT COSMETIC:  Mascara
MOST EXPENSIVE PRODUCT:  Dior One Essential Intense Skin Detoxifying Booster Serum
BEST BARGAIN PRODUCT:  Wet ‘n Wild Ombré Blush
FAVORITE BEAUTY TOOL: Shiseido Eyelash Curler
COMMENTS:  I love trying new products and am obsessed with fashion…and shoes!