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While excess inventory and an over-leveraged balance sheet were contributing factors, BWX's acquisitions put the final nail in its coffin.
Tbh Skincare & Boost Labs merge to become Street Brands. This comes off the back of a $5m Series B led by Alium Capital.
Less than two years after selling half of her Go-To business for $90 million, Zoe Foster Blake is poised to buy it back for as little as $20 million.
Its corporate carnage with a touch of elegance as a long list of movers and shakers get burned by their association with collapsed cosmetics company BWX.
Challenged cosmetics group BWX has called in administrators, while Zoë Foster Blake's Go-To skincare continues its search for a new owner.