How Zoë Foster Blake bought back her business (for a tenth of the price)
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This week on The Fin podcast, Lauren Sams talks about the rise of Zoë Foster Blake, takes us inside the deal to regain control of her skincare business and tells us why there is so much takeover activity in the beauty industry. This podcast is sponsored by ANZListen to 5-in-5 with ANZ on Spotify hereListen to 5-in-5 with ANZ on Apple here  Further reading: Zoë Foster Blake: ‘I still think it’s hilarious that I’m in business’ This beauty entrepreneur sold her business for a fortune. And then she bought it back for a song. Foster Blake sold Go-To stake for $89m. She’s bought it back for a fraction of that The former Young Rich Lister, along with her co-founder Paul Bates, have taken back control of the skincare brand from the failed BWX Group. One of the fastest growing categories for Young Rich Listers – vanity Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing. See omnystudio.com/listener for privacy information.
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