Is Jamie Kern Lima still with IT Cosmetics?
Is Jamie Kern Lima still with IT Cosmetics? In 2019, she stepped down as IT Cosmetics CEO and recently published a memoir, “Believe It: How to Go from Underestimated to Unstoppable.” Here, Kern Lima talks to CNBC Make It about overcoming years of rejection, her “toolbox” for success and learning to take time for herself.
What has happened to IT Cosmetics?
L’Oreal acquired IT Cosmetics for $1.2 billion in cash in August 2016, the French conglomerate’s biggest acquisition in eight years. Kern Lima pocketed $410 million from the sale and became the first female CEO of one of its brands in L’Oreal’s 100-plus-year history.
Did Jamie leave IT Cosmetics?
Jamie Kern Lima is a force to be reckoned with. The self-made millionaire and co-founder of It Cosmetics recently sold her makeup brand to L’Oreal for $1.2 billion, but she faced plenty of doubters along the way.
When did Jamie Kern Lima start IT Cosmetics?
Lima, 37, had founded IT Cosmetics out of her tiny Studio City, Calif. apartment in 2008, after quitting her job as a local news anchor.