BH filed for Chapter 11 bankruptcy protection in January after seeing sales plummet during the COVID-19 pandemic. The business is known for makeup, which didn’t fare well as people stayed home and wore masks. Sales fell to $33.6 million in 2020, from $55.8 million in 2019.
Furthermore, what happened to BH Cosmetics?
BH Cosmetics, which recently created makeup lines with Doja Cat and Iggy Azalea, has filed for bankruptcy. The cosmetics brand filed for Chapter 11 bankruptcy protection in Wilmington, Del., on Jan. 14, with plans to sell its intellectual property for $4.3 million.
Also know, is BH Cosmetics a drugstore brand?
BH Cosmetics is one of my favorite drugstore beauty brands to shop, and I’ll tell you why.
Who bought BH?
BH will continue to be led by founders Fred Sadovskiy, CEO, Kirill Trachtenberg, chief strategy officer, and Robert Sefaradi, COO, under whose leadership the company has grown into an internationally-recognized color cosmetics brand.
Midas Cosmetics is an Afro-Latina owned Indie Brand founded in 2018 by Rocio Nuñez. The brand offers various cruelty-free and vegan products, including glitter, face powders, eyeshadow palettes, and lip products.
Is BH Cosmetics vegan? BH Cosmetics is cruelty-free but not 100% vegan, meaning that some of their products contain animal-derived ingredients.
Where are BH Cosmetics’ products made? When I had asked BH Cosmetics’ about their animal testing policy, they had also disclosed their products are made in China. “The raw materials we use to manufacture our products are directly sourced from Europe, Japan and the United States.
Is NYX a good makeup brand? Although priced well below prestige brands, NYX Professional Makeup is known for its high-quality formulations and impeccable textures that make it one of the most sought-after lines in the beauty world.