Bobbi Brown Announces She’s Stepping Down From Her Company

BY  |  Wednesday, Dec 21, 2016 10:45am

bobbi brown

Following 25 years in business, make-up artist, and Montclair resident, Bobbi Brown has announced she is stepping down from her namesake company she founded in 1991, by the end of this year, reports Forbes.

Bobbi Brown Cosmetics was acquired by Estée Lauder Companies Inc. in 1995, with Brown as the Chief Creative Officer. Fans of the line don’t have to worry, Bobbi Brown Cosmetics will continue.

Brown issued a statement that the celebration of brand’s 25th anniversary was a milestone “that made me realize it was time to start a new chapter and move on to new ventures,” she stated, without revealing what that new chapter may be.

According to WWD.com,  “Brown is expected to reveal her plans some time next year. Although sources say she has a non-compete clause in her Lauder contract, Brown is expected to remain in the business world.”

Brown hasn’t said much more on Twitter, but has been sharing all the articles about her announcement. However, she did share this birthday dinner celebration photo at Montclair’s De Novo on Instagram last night. It wasn’t her’s though, her birthday is in April:

Liquid bday dinner. So far

A photo posted by Bobbi Brown (@justbobbibrown) on

 

 

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Another "ground-level basement" (to get around the building height rules)?!

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