Pat McGrath Labs, the luxury beauty brand once valued at more than $1 billion, has filed for Chapter 11 bankruptcy protection, as first reported by WWD. The company will continue operating as it restructures its finances, while founder Pat McGrath remains active in high‑profile creative roles across the fashion and beauty industries. A Once Billion-Dollar Brand Faces Financial Strain Founded in 2015 by British makeup artist Pat McGrath, the brand quickly built global acclaim for its bold pigments and runway-inspired artistry. In 2018, Eurazeo Brands invested $60 million for a
With a toy makeup kit, Kristen Wells-Collins, a Dallas-based scientist, is redefining pathways into the beauty industry for young girls with science and technology. Black To The Lab Makeup Kit Recognizing the decline in girls’ interest in science around age 11, a statistic cited by Microsoft, Wells-Collins launched “Black to the Lab” in 2020. This innovative $30 toy makeup kit is an educational tool that teaches children as young as six the science behind beauty product formulations. Wells-Collins’ journey started at Prairie View A&M University, initially pursuing a career in pharmacy. However, she
