A Key West fragrance brand is coming to an end.
Key West Beauty will end its partnership with the luxury goods retailer, The Globe and Mail has learned.
The brand was founded in 1957 and was once considered one of the world’s top perfumes brands.
The end of Key West Beauty comes after years of negotiations with the company.
It’s been a tough year for the brand, with sales falling to just $1.1 million in the first quarter.
The Globe and M. reported that a deal with Kewl-Kerna International was still in the works.
Kewl Kerna has said that Key West is in the process of acquiring a controlling interest in the company, and that it intends to close all of its factories.
That would mean the end of a business that was a key contributor to the company’s resurgence.
Key west, founded in 1958, has become synonymous with luxury brands like Chanel, Balmain and Gucci.
It is owned by a holding company, KewL Kerna International, and it is the second-largest fragrance retailer in the world.
Kernan is a former beauty and perfumer.
He said the decision to close Key West came as a surprise.
“We were always the brand’s first priority,” Kernan said in an interview with The Globe.
“We were a little bit underwhelmed by the way the business turned out, the way they were treating our employees, how the company was operating, and the fact that they weren’t delivering on the promise that they made.”
Kernal is now trying to build a new business focused on fragrance.
He told The Globe that he hopes to expand into luxury perfumes and cosmetics.
KeyWest is not the only beauty brand to be sold.
Another, L’Oréal, has also sold off its assets.