Beauty Industry

Boldface Reports $6.7 in First Year Revenue

The future looks bright for the beauty licensing company.

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By: Jamie Matusow

Editor-in-Chief

During its first year of operations, celebrity beauty licensing company Boldface Group reports gross revenues of $6.7 million for its fiscal year ended June 30, 2013.

The company introduced Kardashian Beauty to U.S. retailers this year, including CVS, Ulta Beauty, Ricky’s NYC, Duane Reade, Fred Meyer and Meijer.

“Despite a period of time where the Company did not ship goods due to the name change from Khroma Beauty by Kourtney, Kim and Khloe to Kardashian Beauty, we are proud to turn in a first year revenue of $6.7 million,” said CEO Nicole Ostoya.

“We are looking to the future and the future is bright,” continued Ostoya. “We have just shipped out the new Kardashian Beauty products as well as our new Kardashian Beauty holiday items to our retail partners.”

Additionally, UglyDoll will start being presented in market this month, Ostoya says.

“We could not be more proud of the “naturally Ugly” brand we have created for children ages 8-15.Not only can parents feel confident using our products for their safe qualities, UGLYDOLL focuses as a brand on being beautiful inside which is a message we want to foster,” adds Ostoya.

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