NEW YORK — MD Beauty, the company formed when beauty firm Bare Escentuals acquired and merged with cosmeceuticals brand MD Formulations two years ago, has prescribed continued expansion.
Since the merger in 2001, sales at San Francisco-based MD Beauty have doubled to $150 million at retail and are expected to grow another 25 percent during the next year, according to industry estimates. Contributing primarily to expansion, executives hope, will be new U.S. stores under the Bare Escentuals name and a new men’s line within the MD Formulations assortment. But it doesn’t stop there.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)