Offering a rare gold tube eye shadow in green. There is plenty of frosty green shimmery product. It is estimated that this is a 1950's or 60's piece, but tube is similar to other 50's styles. From an estate, no returns.
Available History Found:
The original Artmatic Brooklyn was the flagship brand of the Arthur Matney Co., Inc., a significant family-owned cosmetics manufacturer that operated in Brooklyn, New York, for over 50 years.
- Company Name: Arthur Matney Co., Inc.
- Headquarters: Brooklyn, New York
- Founder/CEO: Arthur Matney Sr.
- Operations: The company manufactured a full line of mass-market cosmetics, employing over 500 people at its peak and producing more than 200 million pieces of product annually.
- Brands: In addition to the "Artmatic" brand, they also produced cosmetics under the names Tropez, Aristocrat, and Emerge.
- Market Position: The brand was known for its "value" price point, often selling items for around 99 cents, and had wide distribution in around 22,000 retail locations.
- Founding: The company was in operation for over 50 years before the founder's death in 1998, suggesting it was established around the mid-20th century.
- Trademark Registrations: The company registered trademarks like "ARTMATIC U.S.A. 66" and "ARTMATIC U.S.A." in the early 1980s.
- Acquisition: In June 1996, an investment firm named Morningside Capital purchased the Brooklyn-based Arthur Matney Co. for $50 million, creating AM Cosmetics. The Artmatic brand became the centerpiece of the new company's portfolio.
- Decline and Closure: Following the acquisition, the new entity, AM Cosmetics, faced significant financial challenges, which were detailed in a New York Daily News article from 2003, suggesting the original operations ceased around that time or shortly after. The current "Artmatic" cosmetics brand found on the market today is a separate entity and is not directly associated with the original Arthur Matney Co. of Brooklyn