Jamberry Announces Foreclosure
Lindon, Utah-based Jamberry yesterday announced that the company is in foreclosure.
In a communication to consultants, the company stated, “We’re so grateful to each of you for your patience during this transitional time for Jamberry. We regret to inform you that any product, gift cards, swag, marketing or event purchases made prior to 11:59 p.m. MT on June 28, 2018, are ineligible for refund from Jamberry.”
The communication also stated that due to the entity’s present status, it was unable to fulfill a contract with the Gaylord Resort for International Conference 2018 in Nashville, Tenn., and that 2019 Incentive Trips to Costa Rica and Thailand were cancelled.
“To secure a future for you and your businesses moving forward, M.Network has agreed to purchase certain Jamberry assets, and they’ll be communicating with you soon. Thank you for all you’ve meant to Jamberry. We wish you success,” said the company.
Eight years ago sisters Lyndsey Ekstrom, Christy Hepworth and Keri Evans launched what would become a multimillion-dollar enterprise, Jamberry Nails in the direct selling channel. The company, which offered nailwraps, gel enamel, beauty and skin care, operated across the U.S. and in five additional countries: Australia, New Zealand, the United Kingdom, Canada and Mexico.