Poging GOUD - Vrij

Bobbi Brown is Back

Inc.

|

May - June 2023

In 1995, she sold her iconic cosmetics company-and spent the next 25 years barred from doing it again. Now she's returned with a new startup, a new outlook, and a whole new way of winning

- By Christine Lagorio-Chafkin. Photography by Jingyu Lin

Bobbi Brown is Back

For a while in October 2020, Bobbi Brown simply stopped taking calls. Even close friends didn't know what she was up to, tucked into a storage-closet-turned-office within her husband's production studio. If she'd opened her mouth to the wrong person, she could have been in breach of contract. It was nerve-racking, but also-she'll admit it now-the right kind of electrifying.

Around her neck hung a tiny gold chain with a charm she'd had made reading "10/20." It was the expiration date of the noncompete agreement she'd signed 25 years before, when her eponymous cosmetics company was acquired by Estée Lauder for some $75 million. In the years she'd been prohibited from all but touching another beauty brand, Brown had spent more than two decades doing something else almost unheard-of: staying put within Estée Lauder, an executive leading her Bobbi Brown Cosmetics to more than $1 billion in annual revenue.

Within Estée Lauder, her perseverance and problem-solving had become legendary. She was the "last founder standing" of more than a dozen prestige cosmetics, skin care, and fragrance startups the Lauders would acquire. But, in 2016, in year 21 of her noncompete, it had become too much. The quarterly meetings it took a full quarter to prepare for, the bureaucracy, the top-down management, the budgeting, the pushing back against products she didn't believe in or want her name on. And so that year, she'd stepped away and retreated to her home in Montclair, New Jersey, where Brown now found herself brandless.

WHAT'S RED AND WHITE AND IN THE BLACK?

MEER VERHALEN VAN Inc.

Inc.

Inc.

ACTION items

HOW TO NEGOTIATE PAY RAISES

time to read

3 mins

Winter 2025

Inc.

Inc.

SNEAKER KING

Former Yeezy innovator Omar Bailey is disrupting the sneaker industry with his streamlined production and viral footwear drops at Fctry Lab.

time to read

3 mins

Winter 2025

Inc.

Inc.

DEEP IMPACT

Reinventing decades-old technology, the founders of Vaulted Deep went underground to fight climate change.

time to read

2 mins

Winter 2025

Inc.

MAKE AI YOUR STRATEGY CONSULTANT

Traditional consulting, whether delivered by internal or external consultants, often dances around uncomfortable truths.

time to read

1 min

Winter 2025

Inc.

Inc.

Takes One to Know One: The Makings of a Grade A Manufacturer

When Pure Manufacturing's founders couldn't find a reliable manufacturer for their dietary supplement company, they launched their own.

time to read

2 mins

Winter 2025

Inc.

Inc.

A Renovation Business That Helps Workers Build Careers

Pennsylvania construction company Porter Family Exteriors finds success by remodeling its work culture and developing a long-view strategy for growth.

time to read

2 mins

Winter 2025

Inc.

Inc.

The Blueprint: Challenging the Ad Industry to Do the Most Good

Award-winning advertising agency Elite Media, LLC, is Black-owned, women-led, and committed to producing exceptional work that serves the greater good.

time to read

3 mins

Winter 2025

Inc.

Inc.

EMPOWER PLAYER

Actively Black isn't just an athleisure line—it's a movement.

time to read

3 mins

Winter 2025

Inc.

Inc.

How a Biotech Engineer and Toxicologist Built a Global Brand to Change Wellness

Using patented purification methods and a community-first growth strategy, the Root Brands is redefining what it means to build a science-led wellness company.

time to read

2 mins

Winter 2025

Inc.

Inc.

The CEO Who Stopped Chasing Critics and Started Growing Faster

Mahsam Raza built The Dua Brand into a multimillion-dollar fragrance company by focusing on customers who mattered most.

time to read

2 mins

Winter 2025

Translate

Share

-
+

Change font size