Virgin Cosmetics
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Virgin Cosmetics
Vie at Home (trademarked ''VIE at home''), formerly ''The Virgin Cosmetics Company'' and ''Virgin Vie At Home'', was a retailer and distributor of cosmetics. The company was formed as The Virgin Cosmetics Company by Mark and Liz Warom with the backing of the Virgin Group in 1997, and was renamed Virgin Vie at Home in 2006. Vie at Home specialised in the direct selling of make up, skin care, body care, jewellery and homeware. In 2009 the business was bought from the Virgin Group by Ros Simmons and Ratan Daryani in a management buyout and renamed Vie at Home. Network World Alliance acquired the company in December 2010. Vie at Home entered liquidation in 2011. History In January 1997, Mark and Liz Warom established the company with the backing of Sir Richard Branson's Virgin Group, naming it The Virgin Cosmetics Company. It was based in Chichester, West Sussex, and launched with the objective of selling products through retail outlets, party plan selling and mail order. It was plann ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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