Essence Magazine:
By Andrea Bossi ·Updated January 26, 2026 Getting your Trinity Audio player ready…
Pat McGrath Labs has had a rocky past few months, and Monday, WWD reported the cosmetics brand is filing for Chapter 11 bankruptcy.
PML was supposed to have an auction, selling its assets, on January 27. It was reportedly going through “restructuring and recapitalization processes” since at least December 2025, according to what a spokesperson told Business of Fashion.
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