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“We are very excited to add Cargo Cosmetics to the TPR portfolio, marking our entry into the color cosmetics category with such a strong brand name,” said Brian Robinson, president of TPR. “Cargo is a leading brand trusted by professional makeup artists and real women. We look forward to once again bringing the types of groundbreaking formulas and first-to-market technologies that put the brand on the map to consumers worldwide.”
“I am truly excited to align with a company like TPR that is able to provide valuable resources to further expand Cargo, while still maintaining the brand’s heritage, integrity and my creative vision,” said Cargo Cosmetics founder Hana Zalzal, who will remain with the company as creative director.
TPR Holdings LLC, an NYC-based investor and operator of beauty and consumer brands, has provided transition services for large consumer products companies, including Shiseido and Procter & Gamble. TPR principals also have founded and developed such international brands as Zirh Men’s Skincare, John Varvatos fragrances and French Connection Beauty. TPR owns oral care brand Sweet Breath, as well as Freeze 24/7 Skin Care, Oscar Blandi hair care, the Nicole Richie fragrance and the Reem Acra fragrance.