The last 10 years have been turbocharged for the author and entrepreneur. She sits down with Sunday Life to talk business,babies and getting it done.
Australia’s largest cosmetics sale is now kicking off with BWX’s receivers unveiling plans to sell the group’s most valuable remaining brand.
Sans Drinks founder Irene Falcone isn’t interested in buying back her first business Nourished Life because she’s setting up a new one.
The number of brands in BWX’s stable is rapidly dwindling as it elicits expressions of interest for online marketplaces Nourished Life and Flora& Fauna.
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.
The Commonwealth Bank has appointed receivers to the collapsed cosmetics company,as Zoe Foster Blake attempts to buy control of her Go-To business for a fraction of the $89 million she was paid in 2021.
The board of ASX-listed cosmetics group BWX has kept control of Zoe Foster Blake’s Go-To business,which will be sold separately.
BWX shares fell from $4.33 at the start of this year to just 29 cents after yet another rout triggered by its shock results statement.
The entrepreneur will probably receive $30 million less for selling the remaining share of her Go-To business to the ASX-listed skin care brand owner.
Beauty retailer BWX,the majority owner of Zoe Foster Blake’s Go-To business,is chasing additional debt funding to stay afloat.