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Growthink, the leading Investment Banking and Advisory Services Firm to Emerging and Middle Market Enterprises, announced today that Lucy B Cosmetics, a creator of organic beauty and body care products derived from Australian flower and plant essences, has retained Growthink to raise capital and provide strategic advisory services on behalf of the Company.
Fred Segal, Anthropologie, Sports Club LA and Exhale Spa are four of a fast growing cadre of luxury retailers and wellness leaders featuring Lucy B's line of Face and Body Treatments, Perfumes and Lip and Eye Colors, which are also sold via QVC. NYC retail icon Henri Bendel will be the next luxury destination showcasing Lucy B Cosmetics, beginning in November 2008. Lucy B products will be featured in upcoming episodes of the CW Network's Gossip Girl and Privileged.
"Lucy B Cosmetics are fresh and innovative. Before us, no one had developed a natural beauty range based solely on Australian plants and flowers," said Lucy Baldock, the Founder and CEO of Lucy B Cosmetics. "Growthink's innovative approach to finance and strategy -- they specialize in helping emerging companies succeed -- made them the perfect partner for our Company."
"Natural cosmetics are a 7 billion dollar industry and a specialty line like Lucy B has the potential to generate tremendous revenue," said Emily
Burg, VP of Strategy for Growthink. "Our capital raising and strategic planning mandates will drive growth, broaden Lucy B's product line and enable the Company to greatly expand revenues and profitability."
ABOUT GROWTHINK:
Growthink, named by Inc. Magazine as one of the nation's Top 100 Business Services Companies, is the leading Investment Banking and Business
Advisory Services Firm to Emerging and Middle Market Enterprises. Growthink provides Research, Strategic, Transactional and Investment Capital Services
to its clients, enabling companies to identify and leverage opportunities for growth and market leadership.
Since 1999, Growthink has completed more than 1,600 business plans, market research, and investment banking engagements and its clients have collectively gone on to raise more than $1 billion dollars in investment capital from a diverse and dynamic client portfolio encompassing Emerging, Established and Fortune 2000 Companies, Venture Capital and Private Equity Funds. Learn more about Growthink's expertise at: http://www.growthink.com
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