By  on January 13, 2009

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.

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