Pat McGrath Labs narrowly missed being auctioned off after filing for Chapter 11 bankruptcy.

A fast-moving Chapter 11 filing paused a planned asset sale, reshaping the future of a once-hot beauty label sold at major U.S. retailers.

The company founded by legendary British makeup artist Pat McGrath surprised many by filing for Chapter 11 bankruptcy in the United States ...

Pat McGrath Labs filed for Chapter 11 bankruptcy, effectively halting the financially struggling company from being auctioned ...

“During this process, the company will continue operations in the ordinary course of business while working to restructure its balance sheet and to forge a path to thrive,” the brand said in a ...