An unexpected beauty company is now closing due to an onslaught of competition, prompting massive sales in the meantime.
Boscia hasn’t filed under the bankruptcy laws.
Instead, it will simply close its retail store at the end of May, reports TheStreet.
The company posted the following message on its website and Instagram page:
“We regret to inform you that we will be closing our website on 5/31.
We want to express our sincere gratitude for your loyal support throughout the years.
Thank you for being part of our journey,” the Irvine, California company said.
Currently, there is a whopping 55% off sale on everything on the Boscia website.
The company, which also sells on Amazon, is not just closing its website.
It plans to shut down entirely, Beauty Independent confirmed.
This is a blow to its customers since while many copycat companies have opened since Boscia launched in 2002, the company’s product line is unique, reports TheStreet.
“We’re revolutionizing beauty routines around the world with products that are made for play and meant to be shared, because your skin wants in on the fun!
Our goal? Skincare meeting the modern world, with an attitude of exploration and excitement” was how Boscia described itself.
The company’s operations will end on May 31 although an asset sale remains possible.
The company has not disclosed any plans beyond its closing sale.
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Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing
Other Economy News Today
A popular Italian restaurant now announces an unexpected closure after nine years in business, according to an email sent to customers.
Italian Eatery, located in south Minneapolis, Minnesota, told its long-time customers that it planned to shut its doors.
The beloved restaurant, also known as ie, also plans to close its sister restaurant un dito, known for its Sicilian seaside street food, per The US Sun.
They have not announced a closing date but are expected to close between late May and mid-June, according to Bring Me The News.
“As we prepare to close our doors at ie and un dito, we’d like to extend a heartfelt invitation for you to join us for our final months of service,” an email to customers from Carrara $ Co. read.
“Gather with us at the table and let us reminisce over the incredible memories we’ve created together and cherish the moments shared over the past nine years.”
Italian Eatery has been a popular spot since its opening in 2016 and is known for its full-service drinks and dining near Lake Nokomis.
Un dito is a 400-square-foot space that specializes in sips and snacks or afternoon gatherings like you would see in Italy, according to its website.
The restaurant’s “Last Supper” reservations will be released every week and shared in weekly newsletters, according to its website.
“As always, we will continue to reserve walk-in tables at both ie + un dito for our beloved neighborhood,” the announcement read, according to the outlet.
Carrara & Co. also owns due, a focacceria and Italian market in St. Paul, Minnesota that the company calls “Italian Eatery’s spawn, aka quirky little brother,” according to its website.
Despite the Minneapolis closures, due will remain open.
“I’m pleased to inform you that all other Carrara & Co operations remain unaffected, including Due Focacceria, and we are even expanding our services,” according to a statement, reported by NBC affiliate KARE.
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Also Read:Â A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy
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