Hes Australias makeup king but Napoleon Perdis has stood down from his own cosmetics empire.
Beauty lovers were shocked earlier this year when it was revealed that Napoleon Perdis Cosmetics had appointed administrators after racking up debts of $22.8 million.
A stocktake sale was immediately announced, followed by the closure of dozens of stores across the country but two months ago, the chain finally had some good news after it was rescued by daigou queen Livia Wang and ex-Witchery boss Henry Lee.
Ms Wang and Mr Lees Kuba Investments took over the company and saved it from liquidation, and also agreed keep Mr Perdis and his wife Soula-Marie Perdis on as creative consultants.
Creditors approved the deal, with administrator Simon Cathro …
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