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TPR Holdings has acquired a controlling interest in the color cosmetics brand..
July 9, 2012
By: Jamie Matusow
Editor-in-Chief
TPR, a New York-based investor and operator of beauty and consumer brands, which has also provided transition services for large consumer products companies including Shiseido Cosmetics and Procter & Gamble, has added Cargo Cosmetics to its substantial portfolio. “We are very excited to add Cargo Cosmetics to the TPR portfolio, marking our entry into the color cosmetics category with such a strong brand name,” said Brian Robinson, president of TPR. “Cargo is a leading brand trusted by professional makeup artists and real women.We look forward to once again bringing the types of groundbreaking formulas and first-to-market technologies that put the brand on the map to consumers worldwide,” he added. “I am truly excited to align with a company like TPR that is able to provide valuable resources to further expand Cargo, while still maintaining the brand’s heritage, integrity and my creative vision,” said Cargo Cosmetics founder Hana Zalzal, who will remain with the company as creative director. TPR’s principals have founded and developed such international brands as Zirh Men’s Skincare, John Varvatos Fragrances and French Connection Beauty. TPR owns oral care brand Sweet Breath as well as Freeze 24/7 Skin Care, Oscar Blandi Hair Care, Nicole Richie Fragrance and Reem Acra Fragrance.
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