Company valuations in the cosmetics industry are currently bananas, as blockbuster amateur Jason Statham can attest. Aftermost month, Statham awash his Malibu coffer home for $18.5 actor in an all-cash deal, about bifold the $10.6 actor he paid for the acreage aback in 2009.
According to records, the client is Chris Tawil, the agent who co-founded the amusing media-famous Morphe cosmetics aggregation with his adolescent sister Linda Tawil aback in 2008. Morphe, one of the best-known influencer-driven adorableness brands, ranks amid the fastest-growing retail companies in all of the United States. It’s difficult to accept that the multibillion-dollar cosmetics cast started out with awfully apprehensive roots, as the Tawils themselves peddled architecture brushes at assorted barter shows about the U.S. for years.
It wasn’t until 2013 that Morphe aboriginal began to allure boundless customer attention. About that time, Linda Tawil started abandoned extensive out to Instagram and YouTube influencers, gluttonous collaborations that would abound her aggregation above brushes into added niches such as eyeshadows, concealers and foundations.
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