Fans of the company are super upset by this. Julep, the beloved beauty brand known for their high-quality nail polishes, is officially shutting down their popular Maven subscription program, GeekWire reports. Founded in 2007, Julep was acquired in 2016 for $120 million by private equity firm Warburg Pincus.
Herein, what happened to Julep nail polish?
The New York-based private equity firm paid a total of more than $120 million to acquire Julep and two other cosmetics brands, rolling them up into a new company called Glansaol. … Two years later, Glansaol filed for Chapter 11 bankruptcy. Its assets sold for less than $18 million in a fire sale this month.
Also, is Julep nail polish good?
They last longer than regular polish & are 5 free, so they’re better for you than most polishes. Used with a base & top coats I got a good 4 days without any chipping & a week before it had significant chipping & I had to take it off. I do like that oxygen through so your nails can breathe.
Why did Laura Leave Ulta?
Why is the Laura Geller makeup line no longer sold in Sephora stores in Canada. … Glansaol LLC, the owner of Laura Geller, Julep, and Clark’s Botanicals, has announced it has voluntarily filed for Chapter 11 bankruptcy on December 19th, in an effort to pursue a sale transaction.
Is Julep a clean brand?
Julep only includes natural ingredients within their products. Their products are paraben, SLS, and cruelty-free.
Does Target sell julep?
Julep : Face Makeup : Target.
Does Laura Geller still own her company?
The brand exited Sephora in 2009. So in 2012, Geller made a pivotal and somewhat emotionally-wrought decision: to bring on a private equity investor. She sold a majority stake of her company to Tengram Capital Partners, a three-and-a-half-year-old firm that focuses exclusively on branded consumer and retail businesses.
Did Models Own go out of business?
That’s interesting. Models Own just went international last year. I saw heaps of YouTubers get on the bandwagon in 2018. I just had a quick Google and found that they revamped their website and store in August 2018 and then by September 2018 they had appointed a liquidator.
Is Laura Geller being discontinued?
Laura Geller Beauty Studio is CLOSED
After 20 wonderful years, our NYC Studio lease has expired.
Is Julep makeup organic?
We also have a large collection of Clean beauty products. … These products are sourced ethically and made keeping in mind the environment and the well-being of our bodies. A solid makeup routine is essential to keep your skin looking and feeling healthy.
What is julep oxygen nail treatment?
Julep Oxygen Nail Treatment is a perfecting tint and revolutionary treatment line for thin, weak nails. If your nails are prone to breakage, splitting, yellowing, and discoloration, then this is the nail care line for you. … Julep’s Oxygen Nail Treatment has a patented Hexanal formulation with advanced oxygen technology.
How long does it take for Julep nail polish to dry?
one to two hours
How do you treat julep nails?
Wear alone or use as a basecoat. Apply one coat of Brighter Is Better Oxygen Brightening Nail Treatment over bare nails for a subtle look or two coats to amp up the brightness. Wear alone for best results. From Julep.
Is Butter nail polish non toxic?
Butter London Patent Shine 10X Nail Lacquer
Made without: formaldehyde, formaldehyde resin, DBP, toluen, camphor, ethyl tosylamide, xylene, and TPHP.