The cosmetics company's new controlling owner wants to flip it.

Pat McGrath Lab, the cosmetics line founded by Patricia McGrath, could be on the upswing after a $30 million injection of new ...

Entrepreneurs have many ways to attract attention to their brands, products, and services. The key, though, is this does not ...

The future is looking brighter for Pat McGrath after the beauty company secured $30 million in financing following bankruptcy ...

ADBE expands AI partnerships and embeds Firefly and Acrobat AI to revive growth as shares slide 27% YTD amid fierce Microsoft and Alphabet rivalry.

Now, according to Retail Dive, Pat McGrath Labs is moving forward with its restructuring after securing the $30 million ...

Initially available for Spirent’s market-leading core network test platform Landslide, Luma integrates directly into customers’ testing workflows, allowing teams to work faster without changing how ...

Keysight-owned Spirent Communications has launched Luma, an agentic AI solution aimed at augmenting network tests.

Spirent Luma uses a multi-agent architecture and deterministic rule sets to automate root cause analysis in multi-technology network environments.

News of the $30 million investment also included updates on the future of Pat McGrath Labs and its legendary founder.

A US court has approved GDA Luma’s financing package to support the recapitalisation of Pat McGrath Labs through its Chapter 11 process, paving the way for new ownership and fresh capital injection.

The fresh capital comes from an existing lender. Meanwhile, founder Patricia McGrath will become chief creative officer as part of a Chapter 11 restructuring deal.