Gurwitch Products

Gurwitch Products is a Houston, Texas-based subsidiary of Shiseido that produces, manages, and markets cosmetics and skincare products.[1] Gurwitch produces and markets products under two brands, Laura Mercier Cosmetics and RéVive Skincare.[2][3]

Gurwitch Products
Cosmetics company
IndustryCosmetics
Founded1995
Headquarters
Stafford, Texas
Area served
Worldwide
OwnerShiseido
Websitewww.gurwitchproducts.com

Company history

Gurwitch Products was founded by Janet Gurwitch, the former executive vice president of Neiman Marcus, and Gary M. Kusin in 1995.[3][4] With makeup artist Laura Mercier, Gurwitch and Kusin licensed Laura Mercier's name and created the Laura Mercier Cosmetics brand in 1996.[4][5] Gurwitch's former employer, the Neiman Marcus Group, purchased a 51 percent stake in the company in 1999.[6][7]

In August 2006, Gurwitch Products, which was valued more than $120 million at that time,[8] was acquired by and became a wholly owned subsidiary of Alticor.[2][7][9] Laura mErcier 6 when it was sold. In 2008, the company acquired the premium anti-aging skincare products line RéVive Skincare, along with its parent company, Bays Brown Laboratories.[2] Janet Gurwitch resigned in 2008. Shiseido group acquired Gurwitch Products 2016.

The company maintains corporate offices in Manhattan, Houston and London, and its products are sold in more than 1,000 stores across 27 countries.[10]

gollark: An interesting consequence of intellectual property and stuff is that since binary data (some of which is copyrighted) is isomorphic to very big numbers, some numbers can't be legally distributed (by everyone).
gollark: Probably a somewhat positive thing in general. But really weird.
gollark: Copyright and intellectual property are just really weird now we have computers.
gollark: Which has created all kinds of exciting problems.
gollark: Also there's a provision on it which bans working around DRM schemes.

References
  1. Bloomberg Businessweek. "Company Overview of Gurwitch Products, L.L.C." Retrieved 24 July 2012.
  2. Sarah Jeffords Pister (29 May 2008). "RéVive Skin Care sells for almost $50 million". Business First. Retrieved 13 September 2012.
  3. "Claudia Poccia Named President and CEO of Gurwitch Products". Business Wire. 26 January 2011. Retrieved 13 September 2012.
  4. David Whitford (1 July 2004). "Yes More Mascara: How to Launch a Good-Looking Cosmetics Brand". CNN Money. Retrieved 13 September 2012.
  5. "Laura Mercier: Makeup Artist". lauramercier.com. Laura Mercier. Archived from the original on 27 January 2013. Retrieved 13 September 2012.
  6. Mary Ann Azevedo (13 June 2004). "Compressors, cosmetics headed to Stafford". Houston Business Journal. Retrieved 13 September 2012.
  7. Mary Ann Azevedo (6 August 2006). "Gurwitch Products gets ownership makeover". Houston Business Journal. Retrieved 14 September 2012.
  8. "Powerhouse Houston Investor Turns Beauty Into Gold and Makes a Winning Bet on Astros". PaperCity Magazine. 2019-06-07. Retrieved 2020-07-14.
  9. Simon Pitman (1 August 2006). "Alticor acquires luxury cosmetics producers Gurwitch". cosmeticsdesign.com. Retrieved 13 September 2012.
  10. Tina Gaudoin (17 August 2012). "Laura Mercier: A Natural Beauty". The Wall Street Journal. Retrieved 13 September 2012.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.