When Milk Makeup launched in February 2016, it brought a refreshing yet irreverent take on the beauty world and promoted that being bold and different was to be celebrated.
Born out of the NYC-based Milk Studios, Milk Makeup made a name for itself through daring and playful products like Kush Mascara and creating blotting papers that doubled as rolling papers for marijuana joints. Today, Milk Makeup is sold in 20 countries and is a Sephora U.S.-exclusive brand. It was acquired by a special-purpose acquisition vehicle from Waldencast in Nov. 2021 alongside Obagi skin care in a three-way transaction for $1.2 billion.
“Milk Makeup started with the objective of broadening and challenging the definition of beauty. The founders talk about it not as a business but as a movement rooted in the core values of inclusion, diversity, creativity, self-expression,” Tim Coolican, CEO of Milk Makeup, said on this week’s Glossy beauty podcast.
Milk Makeup was founded by Milk Studios co-founder Mazdack Rassi, fashion editor and entertainment reporter Zanna Roberts Rassi, creative director Georgie Greville and product developer Dianna Ruth. As the Milk Makeup team looks toward the future of its business post-acquisition, they are focusing business efforts towards merch and product collaborations, international expansion and what it means to be a “cool” brand.