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Pat McGrath’s $1bn beauty empire ended in bankruptcy, now it’s being saved with $30M funding
Pat McGrath Labs has secured approximately $30 million in new financing and will continue to operate while undergoing a restructuring process, a company spokesperson confirmed to Women’s Wear Daily (WWD). This marks a new chapter following its Chapter 11 bankruptcy filing on January 22. The beauty brand, founded by Pat McGrath, previously shared that its…
