02/22/2026
I cant wait to see how this plays out....Love her creativity and hustle!
In 2018, Pat McGrath Labs reached a $1 billion valuation.
This year, the brand filed for Chapter 11 and secured $30 million in new financing, with its lender taking controlling ownership as part of the deal.
Founder Patricia McGrath will remain a significant equity owner and transition into the role of Chief Creative Officer.
What happened between those two moments shows how fast growth and investor expectations can reshape a founder-led brand.
Article below👇🏾
