BWX

Australia’s largest cosmetics sale is now kicking off with BWX’s receivers unveiling plans to sell the collapsed empire’s most valuable remaining brand, Sukin, as well as Andalou Naturals and Mineral Fusion, as the Commonwealth Bank…

Spanning skincare, make-up, eco-friendly home and baby products, food, health and pet merchandise, Nourished Life and Flora & Fauna sell a combined 590 brands and nearly 13,000 products and together made net sales of $32.5 million in…

Around 70 per cent of Go-To’s social media following is from Foster Blake’s Instagram account, which is more than double Go-To’s base of followers.The BWX announcement at the time, also made it clear that Foster Blake retains ownership of…

The Commonwealth Bank appointed receivers to the collapsed BWX business on Tuesday morning, as Zoe Foster Blake attempts to buyback control of her Go-To business for a fraction of the $89 million she was paid in 2021.The ASX-listed…

Instead, BMX’s stake in Go-To will be put up for sale. She also retained all operational control of Go-To, so the business is ring-fenced and won’t be affected by the financial woes of BWX. Go-To made sales of $36.8 million and was earnings…

Channel stuffing involves retailers inflating sales by “selling” more products to their distributors than they can readily sell to consumers.BWX has suffered a cash drain as its retailers sell the backlog of goods in their distribution…

Zoe Foster Blake’s skincare juggernaut, Go-To, has distanced itself from majority shareholder BWX Ltd as debt negotiations to save the embattled ASX-listed cosmetics group go down to the wire.BWX, which makes and sells top-selling brands…

The ASX-listed owners of Zoe Foster Blake’s skincare range have slashed the value of the entrepreneur’s brand as part of a wider review of the business that has led to it posting $335 million loss for the 2022 financial year.BWX’s…

Beauty retailer BWX, the majority owner of Zoe Foster Blake’s Go-To business, has lost its chief financial officer and once again delayed the release of its financial accounts, as it seeks additional debt funding to keep the business…

Tattarang investment manager Michelle Hepworth joined the board on August 11 as Forrest’s nominee, but she resigned barely a month later - just days before BWX delayed the release of its accounts for the second time.Tattarang declined to…