Or how about a restock of 2021 Best of Beauty-winning Power Move Hydrating Soft Matte Lipstick? Beauty Brand Closures in 2021 BECCA Cosmetics Beauty By Popsugar Beauty Brands Closures in Years Prior Jordana Cosmetics (2020) Clarisonic (2020) Play by Glossier (2020) Obsessive Compulsive Cosmetics (2018) Fiona Stiles Makeup (2018, brand left ULTA with no updates) The Este Edit (2017) N.Y.C. Cruz was a longtime muse of . So, with this new strategic focus, what will the footprint of Tiffany & Co. look like in 2021?. "They are all inspired by the art of wine making. A certificate of deposit, more commonly known as a CD, is an investment that earns interest over a set period of time at a locked-in rate. 9 Best Danessa Myricks Beauty Products to Enhance Your Makeup Routine. L'Oreal CEO Jean-Paul Agon on the beauty company's China strategy. Of these beauty brand closures some are favorites, others I never got the chance to try. Stars like Ciara and Brad Pitt are launching beauty products in 2022. It hopes to explore a sale or restructuring. G-Star Raw: G-Star Raw, another established Los Angeles-based denim brand known for its dedication to sustainability, also filed for Chapter 11 Friday. Sign up for notifications from Insider! Bldwn: This Los Angeles-based contemporary brand (which originally launched as Baldwin in Kansas City and focused on denim) was an early victim of the pandemic, announcing a total closure March 25. Now, you can find the label's assortment at other major retailers like Neiman Marcus and Nordstrom. Anthom: New York designer boutique Anthom announced Friday, May 15 that it has permanently closed its brick-and-mortar doors. In an SEC filing, Gap stated: We will need to take additional actions to both preserve existing liquidity and seek additional sources of liquidity, beyond our currently available cash and credit facilities within the next 12 months as existing cash and cash expected to be generated from operations may not be sufficient to fund our operations.. Your email address will not be published. L'Oreal sales rebound as beauty business shifts online in pandemic - CNBC ", On Twitter, one user wrote, "Becca changed the ENTIRE game. List of Retail Company Bankruptcies & Closing Stores - CB Insights Research Forward to 2020 and the brand saw significant success through collaborations with other big-time brands like KFC. "It's been kind of unbelievable how incredibly strong the niche fragrance business has been throughout COVID-19," Gill tells TZR. "Truth: BECCA is committed to showcasing the lightest to the deepest skin tones and hiring inclusive models for our campaigns. Background photo: Shutterstock. Becca Cosmetics peaked in the mid-2010s with its Shimmering Skin Perfectors and it's what the brand will be remembered for. Fortunately, brands are beginning to prioritize sustainability, and a new wave of independent services have emerged in the past decade that promise more streamlined, dependable approaches to recycling. Met Gala Guest List 2023: Who Is Going, Attending This Year Shiseido closes sale of beauty brands bareMinerals, Buxom and Laura Mercier By Becky Bargh 7-Dec-2021 Colour Cosmetics | Finance Deal is estimated to be worth $1.5bn, as beauty giant moves in on wellness category bareMinerals, Buxom and Laura Mercier brands have been taken over by new company AI Beauty The brand collaborated with Teigen on other products throughout 2018, including lip glosses and eye shadow, but none seemed to receive the same level of buzz.