Growthink Named As Strategic Advisor to Lucy B Cosmetics

Growthink announced today that Lucy B Cosmetics, a creator of organic beauty and body care products derived from Australian flower and plant essences, has retained Growthink to raise capital and provide strategic advisory services on behalf of the Company.

Fred Segal, Anthropologie, Sports Club LA and Exhale Spa are four of a fast growing cadre of luxury retailers and wellness leaders featuring Lucy B’s line of Face and Body Treatments, Perfumes and Lip and Eye Colors, which are also sold via QVC. NYC retail icon Henri Bendel will be the next luxury destination showcasing Lucy B Cosmetics, beginning in November 2008. Lucy B products will be featured in upcoming episodes of the CW Network’s Gossip Girl and Privileged.

“Lucy B Cosmetics are fresh and innovative. Before us, no one had developed a natural beauty range based solely on Australian plants and flowers,” said Lucy Baldock, the Founder and CEO of Lucy B Cosmetics. “Growthink’s innovative approach to finance and strategy—they specialize in helping emerging companies succeed—made them the perfect partner for our Company.”

“Natural cosmetics are a $7 billion dollar industry and a specialty line like Lucy B has the potential to generate tremendous revenue,” said Emily Burg, VP of Strategy for Growthink. “Our capital raising and strategic planning mandates will drive growth, broaden Lucy B’s product line and enable the Company to greatly expand revenues and profitability.”