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Beauty brand Beautycounter faced challenges after a private equity takeover, leading to a significant cut in top saleswomen's salaries. The brand, known for its organic products, operated as a multi-level marketing scheme, facing criticism for its business model.
🇺🇸 When the private equity firm Carlyle bought Beautycounter, the skin care brand that people sold at kitchen tables, everything changed https://t.co/gn3W8tSlpK
When the private equity firm Carlyle bought Beautycounter, the skin care brand that people sold at kitchen tables, everything changed. https://t.co/ID8MqYjk6W
Beautycounter was a multi-level marketing scheme with good pr. Almost all MLM independent sellers lose money, and most MLMs vanish after several years because they are essentially pyramid schemes. The founder is crying all the way to the bank. https://t.co/MByemviK8w
