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How Anastasia Beverly Hills Lost Its Footing

The influencer-favourite brand seemed on rocket-like trajectory in the 2010s, culminating in a reported $3 billion valuation in 2018. But trends have shifted, sales have slid, debt has mounted and its main investor, the private equity firm TPG Capital, is ready to move on.
A makeup counter in store
Anastasia Beverly Hills' image is glamorous, maximalist and polished. (Getty Images)

Anastasia Beverly Hills’ main investor wants out.

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Further Reading

Can Gen-Z Get Neutrogena Back on Top?

The Kenvue-owned skincare giant is releasing a new range, Collagen Bank, targeting younger consumers with actress Hailee Steinfeld as a spokesperson, a TikTok-first rollout and a focus on anti-ageing care.

About the author
Daniela Morosini
Daniela Morosini

Daniela Morosini is Senior Beauty Correspondent and Special Projects Editor at The Business of Beauty at BoF. She covers the global beauty industry, with an interest in how companies go to market and overcome hurdles.

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