Lynn Tilton Takes Over as CEO of Stila Cosmetics & Jane Cosmetics
About Jane Cosmetics:
JANE & Company makes high quality value products in the eye, lip and face cosmetics categories. JANE fills a niche between value and prestige cosmetic lines. The Company's products are sold in mass merchant retailers and better drugstores throughout the U.S. and Canada.
JANE is a high-loyalty brand that delivers department store quality at value prices to mass market customers. Retail prices range from $3.00 to $6.00. The Company sells hundreds of color cosmetic products with appealing packaging and technologically superior formulations for foundations, bronzers, mascaras, eyeliners and lipsticks. For more information, please visit: www.janecosmetics.com.
About Patriarch Partners:
Patriarch Partners, LLC, is an investment firm and holding company managing 75 companies with annual revenues in excess of $8 billion. Founded by Wall Street veteran Lynn Tilton in 2000, Patriarch is dedicated to saving American manufacturing jobs by saving American companies that have fallen from economic favor. Since inception, the Patriarch family of funds have bought more than 150 companies, and in so doing have saved over 250,000 jobs. Patriarch's platform includes a broad range of industrial concerns including Dura Automotive, Oasis Water and American LaFrance, in addition to iconic American brands such as Rand McNally, MD Helicopters, Stila Cosmetics and Spiegel Catalogs. Under Ms. Tilton's leadership, Patriarch has become the largest woman-owned business in America with companies in its platform providing employment to more than 120,000 persons. For more information, please visit: www.patriarchpartners.com.
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