We know it's the way of the world. I'm happy for both Essie Weingarten and Liz Earle who have accomplished something every entrepreneur hopes for: build a successful multi-million dollar business, make a mark in the industry and then sell it to a bigger company for a legendary amount of money. But I can't help feeling a little disappointed that from now on Essie Cosmetics and Liz Earle Beauty Co. will no longer be independent brands. The former is being acquired by L'Oreal and the latter by Avon, neither one gives me the warm fuzzies.
I guess it's time for a new wave of small indy companies to make it big.
Image: Fish Eat Fish by Michael Rossiter
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