By  on December 9, 2019

Clark’s Botanicals, an indie, natural skin-care brand, was growing when its parent company, Glansaol, filed for Chapter 11 bankruptcy protection last December. 

While beauty has been a hot category for a few years, Clark’s was one of the increasing number of brands to wind up in a distressed situation. Eventually, through the bankruptcy court, the brand was sold, along with Laura Geller and Julep, for $18 million to AS Beauty. A few weeks later, founder Francesco Clark bought back a majority position in his brand with a plan to get things back on track. 

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