Celebrity makeup artist Scott Barnes said his namesake cosmetics brand has been discontinued after a relationship with investors soured, but he is seeking new funding to revive the brand as early as spring.
The Scott Barnes beauty brand, which altered the landscape of cosmetic marketing when it was introduced on QVC in 2003 before entering traditional retail channels, received roughly $1.4 million in investment from Lake Forest, Ill.-based Oryx Capital International Inc. starting in 2007. Two months into Oryx’s involvement, Barnes said he began to sense the private equity firm wasn’t a good fit.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"