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Jonathan Teller created the EOS lip balm in 2006. In 2015, EOS was the second highest-selling lip care in the world, with 11.5% of the market share in the United States. [2] The lip balms are sold at retail stores in 18 countries [3] and online through the company's website. In 2017, EOS sold nearly 2 million units per week globally. [3]
The Wasserstrom Company is a restaurant supplier based in Columbus, Ohio with distribution centers located across North America. [2] The Wasserstrom Company is a family-owned and operated business that was founded in 1902 by Nathan Wasserstrom. [3]
It later expanded its product line to include skin serums, masks, shower gel, body lotion, fragrance, lip balms and lipstick. [9] In 2018, Glossier more than doubled its revenue in 2018, adding over 1 million new customers. [10] In 2018 and 2019, Glossier raised another $150 million, valuing the company at $1.2 billion.
As of March 2018, Burt's Bees lip balm had reached such a level of popularity that some reports claimed one tube of the lip balm was purchased every second. [21] 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. [22]
But despite applying lip balm every few hours, my chapped lips always come back. Even name-brand products provide temporary comfort. So many different lip balm brands promise relief against dry ...
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