Celebrity beauty licensing company Boldface Group, Inc. posted financial results and highlights for its fiscal year ended June 30, 2013. During its first year of operations, the company achieved gross revenues of $6.7 million after a successful introduction of Kardashian Beauty in US retailers including CVS, Ulta Beauty, Ricky's NYC, Duane Reade, Fred Meyer and Meijer.
The acquisition of the Mario Lopez fragrance license and the Uglydoll personal care/bath and body license was also an achievement for the company.
"Despite a period of time where the company did not ship goods due to the name change from Khroma Beauty by Kourtney, Kim and Khloe to Kardashian Beauty, we are proud to turn in a first year revenue of $6.7 million," said CEO Nicole Ostoya. "We are looking to the future and the future is bright.