100% Pure Redux and Bare Escentuals Business Changes
Long Story Short: This Berkeley-based company makes natural cosmetics and has a patent pending on using fruit and flower pigments to color them.
Yesterday the broker who sold TKB the building we are currently in came to visit. We purchased the building about a year and a half ago and he was checking in to see if we were ready to expand.
He said that 100% Pure had just signed on for a new, 75,000 square foot space (about two years ago, they had just moved from their 10,000 square foot space to a 30,000 square foot space). So obviously, Home Shopping Network is working for them.
In other news of the month, Leslie Blodgett, founder of San Francisco-based Bare Escentuals (sales of $556 million in 2008) sold her business to the Japanese Cosmetic firm Shiseido for $1.7 Billion.
Could be 100% pure is headed in the same direction?