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03-08-2015 02:12 PM
I just saw on another thread that laura no longer owns her company, who bought her out?
03-08-2015 03:19 PM
Oh cr*ap! Really? Seems that every time someone gets bought out, the formula's get changed, and not for the better.
03-10-2015 02:30 PM
I know. I am wondering who exactly bought her out?
03-10-2015 05:40 PM
I just did a very quick check on the net about this question., back in 2012 Laura G partnered with a company out of Conneticut , I believe the company was Tenagram. They are into the baked cosmetics aspect of cosmetics companies.
this was just a quick read. if another company is in with this partnership, this I don't know.
03-10-2015 05:52 PM
03-10-2015 05:56 PM
beautymogul - She's not completely bought out, but the investment partners group owns a majority stake which could be as low as 51% or as much as 99%.
03-10-2015 06:22 PM
That must be why she does not have her salon in NY anymore. I wondered why she did not have her salon where they would help women with their make-up. It seems that everyone sells their companies to other conglomerates. That is what happened with my husband's company, about a half a dozen times. He is at retirement age, but wants to work another three years. He is very blessed to even have a job that pays good and has great benefits.
You know B. Makowsky and KVZ, and Tignanella and Philosophy and Tova sold theirs as well.
03-10-2015 06:26 PM
On 3/8/2015 Mistic said:Oh cr*ap! Really? Seems that every time someone gets bought out, the formula's get changed, and not for the better.
I know that can happen, and we've all seen it with some other cosmetic/skincare companies. Laura's Baked Elements Foundation was introduced after the fact, and it's one of my favorites. I like it better than the Balance-n-Brighten.
03-10-2015 06:55 PM
On 3/8/2015 beautymogul said:I just saw on another thread that laura no longer owns her company, who bought her out?
I think you meant "owner".
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