A prominent online beauty retailer is reportedly considering a sale as advisors have been engaged to conduct a review of its operations. Beauty Bay, established in 1999 by siblings Arron and David Gabbie in Manchester, offers a wide array of products from over 200 brands, including popular names like Ariana Grande, Clinique, and MAC, alongside its own product line.

According to a recent report by Sky News, Beauty Bay is exploring avenues to secure additional funding, possibly through a complete sale of the company. Interpath, an advisory firm, is said to be collaborating with Beauty Bay in this endeavor. The company, which currently employs 65 individuals, has been approached for input by the Mirror.

In other news, Malin + Goetz, a well-known beauty brand, has recently gone into administration, leading to the closure of its seven stores in London. This move is expected to affect more than 70 jobs. Online orders from Malin + Goetz have been temporarily suspended, with a message on their website indicating a brief pause in online operations. However, customers can still purchase their products through third-party retailers such as Liberty, John Lewis, and Space NK.

Malin + Goetz’s spokesperson informed TheIndustry.beauty that after a thorough evaluation of the business and exploring all options, the decision was made to place the UK operations into administration, resulting in store closures and job losses. The website is anticipated to resume operations following a short maintenance period, though the exact timeline remains unclear. Founded in New York in 2004 by Matthew Malin and Andrew Goetz, the brand initially offered six skincare products before expanding into fragrances, body care, and other beauty categories.