Beauty Store Business magazine - March, 2019

Cos Bar

Raising the Bar

A strategy built on great service, omnichannel sales and curated, upscale boutiques have positioned Cos Bar as a top destination for luxury beauty.

Today’s cosmetics junkies have endless options to find what they need, but it’s hard to imagine that just over 40 years ago, department stores and drugstores were about the only places to find beauty products. This was a reality for Lily Garfield, the driven, forward-thinking founder and co-chairman of Cos Bar, established in Aspen, Colorado, in 1976. Living in a dry climate at an altitude of 8,000 feet, Garfield recognized a need for quality skin care, which wasn’t accessible. “I saw how fast your skin can age,” she says.

Tengram Capital Partners Invests in Cos Bar

Luxury specialty cosmetics retailer Cos Bar has announced that it has signed a definitive agreement to receive an undisclosed investment from private-equity firm Tengram Capital Partners.

Cos Bar, founded by Lily Garfield in 1976, has 14 stores. Its product assortment includes skin care, color cosmetics, fragrance, bath and body, hair care, men’s, and tools & accessories.

Cos Bar’s partnership with Tengram includes numerous objectives, including to fund store expansion into new and existing markets.

[Image: Cos Bar]