Day: June 27, 2021

Now Worth  Billion, Beautycounter Aims to Take Big Leap

Now Worth $1 Billion, Beautycounter Aims to Take Big Leap

Original ArticleAbout a decade ago, Gregg Renfrew founded Beautycounter and started advocating for cosmetic makers to use safer ingredients. Back then, few people cared about what she was saying.But now they do. So-called clean beauty has become a fast-growing category. And the company started by Renfrew, a former retail consultant, is worth $1 billion after Carlyle Groupone of the worlds largest private equity firmsbought a majority stake in April.The brand, which is sold through its own e-commerce platform, a handful of stores, and an army of more than 55,000 independent sellers, says it avoids using chemicals that it deems unsafe.…
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