Company behind five cosmetic brands files Chapter 11 bankruptcy
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Thestreet - are covering this story. The U.S. cosmetics industry has faced growing competition from the Korean cosmetics market since 2020, as the Asian country's products have grown in popularity. As Korean product sales have risen, certain American beauty companies have batt…
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Company behind five cosmetic brands files Chapter 11 bankruptcy
Owner of five cosmetics brands files for Chapter 11 bankruptcy
The U.S. cosmetics industry has faced growing competition from the Korean cosmetics market since 2020, as the Asian country's products have grown in popularity. As Korean product sales have risen, certain American beauty companies have batt…