Home Entertainment Zoë Foster Blake reveals why she sold her skincare business and then bought it back after facing financial difficulties

Zoë Foster Blake reveals why she sold her skincare business and then bought it back after facing financial difficulties

0 comments
Zoe Foster Blake has revealed some inside details about why her skincare business ran into trouble. Pictured in this week's issue of Stellar Magazine

Zoë Foster Blake has revealed some inside details about why her skincare business got into trouble.

The 44-year-old author, who is married to radio star Hamish Blake, told this week’s issue of Star Magazine who has to ‘get things in order’ after selling and then buying back her beauty brand, Go-To.

In 2021, Australian beauty company BWX bought a majority stake in Go-To for $89 million. However, two years later in 2023, Zoë and co-founder Paul Bates bought back the property after BWX entered into receivership.

“I went through a huge change when I sold half of my business,” Zoë reflected.

‘This world of mergers, acquisitions and sales, this business world that I didn’t know, suddenly appeared before me and I had to get my act together very quickly.

“I learned so much from the brilliant people around me who mentored me, the lawyers, my president, my team, that I almost felt it was my duty to pass that on to others because I came in knowing nothing,” he added, mentioning that this experience was captured in his new book, Things Will Calm Down Soon.

In the same interview, Zoe also spoke about how finding time for a hectic career while raising a family can take a toll on her mental health.

“When you’re really exhausted, you get into that survivor mentality and you know everything will settle down eventually, but most women I know say, ‘This is how we live our lives; things will settle down soon.’ Guess what? They don’t,” she said.

Zoe Foster Blake has revealed some inside details about why her skincare business ran into trouble. Pictured in this week’s issue of Stellar Magazine

The 44-year-old author, who is married to radio star Hamish Blake, tells this week's issue of Stellar Magazine that she has to

The 44-year-old author, who is married to radio star Hamish Blake, tells this week’s issue of Stellar Magazine that she has to “get things in order” after selling and then buying back her beauty brand, Go-To

Zoe continued: “I feel like there’s a lot of awareness about mental load, which we didn’t even have a name for, and administrative load, and overstimulation. I’m like, ‘Oh, I’m not a bitch, I’m just overstimulated.'”

‘My friends write to me and say, “Another book? How are you doing?” There’s genuine curiosity and my honest answer is: at great cost: to my mental health, to my time with my family, to my physical health.

‘The things that were left aside so that I could finish this project and do it well are enormous.’

In 2021, Australian beauty company BWX purchased a majority stake in Go-To for $89 million, however two years later in 2023, Zoe and co-founder Paul Bates bought back the property after BWX went into administration.

In 2021, Australian beauty company BWX purchased a majority stake in Go-To for $89 million, however two years later in 2023, Zoe and co-founder Paul Bates bought back the property after BWX went into administration.

Zoe Foster Blake reveals why she sold her skincare business

“This world of mergers, acquisitions and sales, this business world that I didn’t know, suddenly appeared before me and I had to get my act together very quickly,” he explained about the business’s problems.

Zoe recently revealed that she has taken a step back when it comes to sharing her family life online.

“We are very reserved and very boring. We are a normal family and I think our inclination to share our life has diminished a lot,” she said. The Sydney Morning Herald.

Despite their penchant for privacy as the kids get older, Zoe and Hamish still post happy family vacation photos, strategically obscuring Sonny and Rudy’s faces.

Zoe went on to say that learning how to raise children has come with many obstacles, but she and Hamish, 42, are learning to overcome them together.

“We read a lot about parenting, we’re doing the work, we want to raise our kids the best we can. We want to treat it not as a job, but as a project,” she said.

Having a popular comedian as a father, it seemed the author and businesswoman was at risk of being outnumbered by pranksters, but she insisted that was far from true.

“Rudy is very funny, she has a great sense of humor,” Zoe admitted, but revealed that was not the case for her eldest daughter.

Read more in this week's issue of Stellar Magazine

Read more in this week’s issue of Stellar Magazine

You may also like