Were the rumors of Stila's demise exaggerated? It was no secret that the brand was in dire straights and product availability has been somewhat spotty lately. Their web site is mostly gone and there's a notice saying orders that were place on 3/23/2009 - 3/24/2009 may be canceled.
Stila has changed hands- Lauder sold it to Sun Capital who didn't seem to make it work, to the point that (according to WWD) they could not make payroll and have sent all employees home last month for an unpaid vacation time. The latest news is of another change in ownership. WWD is now reporting that Stila was sold to venture capital firm Patriarch Partners LLC.
Personally, I was never a big fan and had no Stila must-haves. I found most of the products overpriced for what they were, but I know enough beauty-obsessed who love the brand. Are you stocking up on your favorite Stila products?
Stila has changed hands- Lauder sold it to Sun Capital who didn't seem to make it work, to the point that (according to WWD) they could not make payroll and have sent all employees home last month for an unpaid vacation time. The latest news is of another change in ownership. WWD is now reporting that Stila was sold to venture capital firm Patriarch Partners LLC.
Personally, I was never a big fan and had no Stila must-haves. I found most of the products overpriced for what they were, but I know enough beauty-obsessed who love the brand. Are you stocking up on your favorite Stila products?
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