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Wednesday, December 8, 2021

Too Faced

Estée Lauder paid approximately $1.45 billion for Too Faced, an irreverent cosmetics brand known for edgy products like Better Than Sex mascara
 
 
Too Faced co-founders Jerrod Blandino and Jeremy Johnson.
 
Blandino and Johnson founded Too Faced 24 years ago. The brand was acquired by Lauder in 2016 for approximately $1.45 billion. At the time, the fast-rising cosmetic line had posted growth between 2015 and 2016 for more than 70% and had net sales of around $270 million. It was one of ELC's largest acquisitions to date.