Coronavirus: Huda Kattan and the family give up their salaries until end of 2020
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Huda Kattan, the founder and managing director of Huda Beauty, told in an exclusive to Business of Fashion that she and her family would forgo their salaries until the end of the year. This action is the brand’s way to protect its 267 employees worldwide during the COVID-19 pandemic.
“Our employees are and have always been at the heart of everything we do here at Huda Beauty,” Kattan wrote in an email. “We are a family business and we consider that each member of our team is part of our family. “
The company, founded in 2013 and valued at $ 1.2 billion in 2019. Huda Kattan owns 51% of the company, with the rest owned by the family or set aside for a pool of employee options.
In addition, Huda Beauty donated $1,000 to 100 individual makeup artists to help them during the pandemic. “I was a makeup artist,” said Kattan. “I lived from job to job … what if I had my daughter at the time and I was alone?” What would I do for food, what would I do for rent? “