Sales: $165 million
$165 million (estimated)
Ken Stevens, chief executive officer; Gretchen Price, chief financial officer
There are almost 40 scent variations of Philosophy’s popular 3-in-1 bath and shower gels in the marketplace.
Skin care, hair care, makeup, fragrance and bath and body products. Lines include Hope in a Jar, Purity Made Simple, Amazing Grace fragrance and Miracle Worker
Eye Hope, Miracle Worker, Eternal Grace
Owned by investment firm The Carlyle Group, Washington, D.C., Philosophy has expanded beyond its popular 3-in-1 “Ultra Rich” shampoo, bubble bath and body wash products and, in October 2009, it launched a new line of makeup at Sephora.
According to the company, the range delivers its “bestselling skin care secrets” by way of paraben-free eyeshadows, mineral powders and SPF-infused lipglosses.
In November, Philosophy“got hitched” to well-known wedding website The Knot. The partnership included a multiplatform, integrated marketing campaign surrounding the launch of Philosophy’s first co-branded product. The “Tying The Knot ” just-for-brides gift set—available on TheKnot.com and philosophy.com—includes Philosophy’s Purity One-Step Facial Cleanser; Amazing Grace Firming Body Emulsion, Bath Gel and Spray Fragrance; Kiss Me Exfoliating Lip Scrub; Hope in a Jar Moisturizer; Microdelivery Peel Pads; Kiss Me Clear Lip Balm and an Eye Hope Deluxe Sample.
This summer, Philosophy shared its newest approach to anti-aging skin care with the launch of a collection of products based on a formulation of retinoids and vitamin C, as well as a fresh dispensing method that delivers optimum potency in application.