Burt's Bees revenue in 2022 & 2023 (trailing twelve months' revenue) ranges between $25M-$50M, calculated on a gross merchandise value basis . "Eventually, other products using honey and beeswax, including edible spreads and furniture polish, were sold, before a move into the personal care line. The two became lovers and eventually birthed Burts Bees, a niche company famous for beeswax lip balm, lotions, soaps and shampoos, as well as for its homespun packaging and feel-good, eco-friendly marketing. It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. The couple visited northern California, Oregon, Washington and Vermont, but settled on central Maine because land was available for as little as $100 an acre. I'm a deputy wealth editor covering billionaires and their businesses. They're out with a slew of new products this year, and founder Carly Stein argues that sustainable beekeeping is possible and thriving under their model. Shavitz was hawking honey on the side of the road from the tailgate of his pickup truck. The employee data is based on information from people who have self-reported their past or current employments at Burt's Bees. Learn more about how Statista can support your business. How much do Burt's Bees employees make? The lean startup movement: Lessons from Coca-Cola and Burt's Bees Revenues were $8 million. They are added to stabilize or enhance the product, or simply to comply with Federal regulations. Burt's Bees Baby raised a total of $350 K in funding over 1 rounds. statistic alerts) please log in with your personal account. [24], In 2022, Burt's Bees announced a multi-year partnership with rePurpose Global to finance a critical recycling infrastructure that prevents plastic waste from flowing into the Ocean. Burt's Bees | Company Overview & News - Forbes 2023 Forbes Media LLC. Even if the situation or the challenge is very complex, usually the simplest solution is the one to go with. Company Overview. Quimby lived off the grid for nearly 15 years, had twins, split from her husband and met beekeeper Burt Shavitz while hitching a ride from him. Related by Industry: Health, Beauty, Wellness, Located in Oakland-Hayward-Berkeley, CA Metropolitan Division Metropolitan Area. Burt's Bees is owned by the Clorox Company. We spent a lot of time talking with consumers who wanted to keep their homes clean and healthy but wanted more natural alternatives, Ms. Springer says. 3. Profit from the additional features of your individual account. Quimby sold the rest of her stake --. We will honor the program until all lip balms tubes with labeling promoting the program are out of circulation. Chart. Yes No. Clorox, for one, will face plenty of skepticism. Beekeepers Naturals has sold over 1.5 million bottles of their propolis spray in the last 5 years. You need a Statista Account for unlimited access. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2020/2021-2022/2023, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics industry in the U.S. - statistics & facts. [11] The first headquarters was an abandoned one-room schoolhouse rented from a friend for $150 a year. 8. I went one way and she went another.". He lived out of his truck until he was able to purchase an 88 hut that did not have hot water, toilets or electricity.

How To Delete A Draft On Blackboard, Articles B