By  on November 3, 2008

Bare Escentuals Inc. posted a nearly 12 percent gain in third-quarter profits, but took measures to brace for a bumpy end to 2008, including trimming its workforce by 10 percent.

During the mineral makeup firm’s earnings call Thursday evening, chief executive officer Leslie Blodgett said of the layoffs, “As much as this has been a difficult decision, we’re confident that this change will allow us to be more responsive to our customers and best position the company for long-term success.”

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus