Overview
- Beauty Bay lodged a notice of intention to appoint administrators on February 17, a step that typically grants around ten days of protection from creditor action.
- The company confirmed it has been hit by cost inflation and fragile consumer confidence and said it is exploring sale and investment options.
- The retailer’s website has been taken down and replaced with a message saying “We’ll be back soon,” prompting concern from customers about orders and stock.
- Interpath has been reported as advising on a review of the business as the company seeks new ownership or funding.
- Founded in 1999, Beauty Bay employs about 65 people and has sold products to millions, offering more than 200 brands including Clinique, MAC and Ariana Grande lines.