Jabot Cosmetics

Jabot Cosmetics is a fictional cosmetics business on the CBS daytime soap opera The Young and the Restless.

Jabot Cosmetics was founded by John Abbott (Jerry Douglas) sometime in the 1960s. Jabot is famous for selling expensive, high class cosmetics as well as for its severe financial downturns.

History of Jabot Cosmetics

Jabot has had a tumultuous history. In the early 1980s John considered following his son Jack's advice to sell Jabot but then changed his mind once he found out that the company offering to buy Jabot (Mergeron Enterprises) was owned by his ex-wife Dina Abbott Mergeron (Marla Adams). A few years later Jabot had another shake up when after finding out his son Jack Abbott (then Terry Lester, now Peter Bergman) was having an affair with his younger wife Jill Foster Abbott (then Brenda Dickson, now Jess Walton) he disowned Jack and fired him from Jabot. John filed for divorce and because he didn't want the facts about Jack and Jill's affair made public he gave Jill a divorce settlement that included 1/4 ownership of Jabot, an executive position worth $150,000 a year, and a seat on the Jabot Board of Directors. John replaced Jack with his new son-in-law Brad Carlton (Don Diamont), who was a salesman to that point. Jill and Brad started the Jabot Men's Line and made it into a success. But after a while the job became too much for Brad to handle and so John hired Jack back.

In 1990 Jack convinced John to go public with Jabot, by selling shares of Jabot stock in the stock market. This backfired on Jack when his rival, Newman Enterprises, C.E.O. Victor Newman (Eric Braeden), bought enough shares to takeover control of Jabot. Losing Jabot caused John to have a heart attack and caused Victor to fire Jack and replace him with Brad. To get back at Victor, Jack married Victor's ex-wife Nikki Newman (Melody Thomas Scott), before Victor could propose re-marriage to Nikki. Victor offered to give control of Jabot back to the Abbott family, if Jack divorced Nikki. Even though Jack had fallen in love with Nikki, he accepted Victor's offer out of guilt and loyalty to John. But Victor used a loophole in the contract and voided the deal. Jack did however return to work at Jabot. After Nikki found out Jack chose Jabot over her she started divorce proceedings. But after Jack saved her daughter Victoria's life and then finding out she was pregnant with Jack's child, Nikki decided to stay with Jack. Victor later married Jack's sister and Jabot's chemist Ashley Abbott (Eileen Davidson).

A couple of years later Jack with Brad planned a hostile takeover of Newman Enterprises. But Victor found out about it and during a heated exchange Victor fired Jack and then collapsed. Jack walked over Victor and towards the door leaving him to die. But Jack used his better judgement and called 911, saving Victor's life.

After having confrontations with Ashley, Nikki, and his daughter Victoria, Victor went on a trip to the country to get away from his problems. Victor was robbed and carjacked and the man who did it ended up dying in a car accident in Victor's car. Everyone back in Genoa City thought Victor was dead and so Jack used "Victor's death" to his advantage and took over control of Newman Enterprises. This also meant he controlled Jabot as well. Jack appointed Brad head of Newman Enterprises. Months later Victor returned to Genoa City alive and well. Victor once again fired Jack for taking over control of Newman Enterprises and as a result John and Ashley resigned from Jabot. The Abbotts decided to create a new cosmetics company to rival Jabot. But because of Victor their loan application was denied and so their plans were halted. Jack then promised to stay away from Jabot if Victor hired John and Ashley back. Eventually Jack returned to Jabot as well.

Many years later Victor was missing and once again thought to be dead after his airplane crashed in New Mexico. Jack and Brad once again took over control of Newman Enterprises by changing spreadsheet numbers and packing the Newman Board of Directors with Jack's old flame and Victor's newest ex-wife Diane Jenkins (Alex Donnelley) and with her lawyer Michael Baldwin (Christian LeBlanc). When Victor returned it was tougher for him to rest control of his company away from Jack and Brad.

The 1999 vote for C.E.O.(s) of Newman Enterprises:

• Jack Abbott - Himself and Brad Carlton
• Brad Carlton - Himself and Jack Abbott
• Jill Abbott - Victor Newman
• Neil Winters (Kristoff St. John) - Victor Newman
• Victoria Newman (Heather Tom) - Victor Newman
• Michael Baldwin - Jack Abbott and Brad Carlton
• Diane Jenkins - Jack Abbott & Brad Carlton
• Victor Newman - Himself
• Ashley Abbott - abstained

Jack told Victor that he would give him back Newman Enterprises if Victor gave control of Jabot back to the Abbotts. Victor seeing what Jack really wanted counter offered that the Brash & Sassy division must stay with Newman Enterprises and that Jack must buy Jabot from him. The Abbotts gathered enough money but they fell short during Victor's deadline. Victor bought up all the Abbott's bank loans and as Victor was about take back control of Jabot, Ashley convinced him to extend the deadline. Jack convinced Nikki to loan the Abbotts 35 million dollars in exchange for a board seat at Jabot. Ashley also convinced Brad to loan them money in exchange for a board seat as well. The Abbotts finally had enough money to buy back Jabot from Victor. After over a decade under Newman's control the Abbott family finally owned Jabot outright again.

A few years later Jabot was about to buyout another cosmetics company which focused more on African-American women by the name of Satine Cosmetics. But Newman Enterprises outbid Jabot and bought Satine Cosmetics out from under Jabot. Jabot decided to resurrect a similar idea of Ashley's called Tuvia to compete with Satine Cosmetics (which Newman later renamed Safra). Drucilla Winters (Victoria Rowell) who was a longtime Abbott family friend and Jabot spokeswoman stole a business card that belonged to former Satine Cosmetics chemist Damon Porter (Keith Hamilton Cobb) from her husband's Neil's desk. She convinced Damon to work for Jabot (Tuvia) instead of Newman (Safra). Jabot which was still having financial problems saw the Tuvia line as a way to save Jabot for the long term. Jabot had a long and respected reputation of great products, an experienced chemist in the field in Damon Porter, and long standing ties with popular department stores around the country.

But Victor wanted to destroy Jack and therefore Jabot. Victor hired Michael Baldwin to bribe the retailers into giving Newman's Safra the front shelf space that normally showcased Jabot's products. The day before both Tuvia and Safra were to debut Victor went to see Ashley who was staying in a remote cabin and was late into her pregnancy to tell her not worry about what is about to happen. Of course the next day Safra came in first and Tuvia came in second which shocked the Abbotts. The lower then expected sales worried the Abbotts. So Ashley decided to return to Genoa City knowing Victor was behind Tuvia's bad sales. Ashley got into a nasty car crash and was rushed to the hospital. Brad and Ashley's baby (Robert) died as a result. Because of Tuvia's lack luster sales Jack accepted Diane's offer to invest her money into Jabot to bail them out. There was more sadness in 2006, when Jabot founder, John Abbott, died after suffering a massive stroke.

Recent Developments

Due to a lawsuit involving John's wife, Gloria Abbott, poisoning a batch of a new products, the company went bankrupt. To save the company Katherine Chancellor sold Jabot. Jack was legally unable to own Jabot, so he made an offer through a company called House of Kim, which Katherine accepted. To make matters worse, Jack financed it using a loan from Victor Newman. Ji Min Kim is now on the scene in Genoa City as the figurehead owner of Jabot. Victor has figured out that Jack now owns Jabot, and is bent on Jack's destruction once again. Ashley was so upset by the colusion that she has accepted a position with House of Kim in Hong Kong, taking her daughter Abby (Darcy Rose Byrnes) with her. When Victor found out that Jack was the secret owner of Jabot, Jack sold the company back to Katherine. After Jill made Kay make Ji Min Kim stay at Jabot, she named him CEO demoting Jill as CEO of the company.

Even more recently, Katherine has fired Ji Min Kim, and Jill Abbott has left the company to follow him. Suspects in the Jabot Face Cream tainting case include, Gloria Fisher, Ashley Abbott, Jack Abbott, Jill Foster Abbott, and Ji Min Kim.

Recently Ji Min Kim was found dead in his hotel room. Suspects include Jack Abbott and Victor Newman.

Jabot Cosmetics Owners Past & Present

• John Abbott (1960s-1990, 1999-2004)

• Newman Enterprises (C.E.O. Victor Newman, 1990-1999)

• Chancellor Industries (C.E.O. Katherine Chancellor, 2004-2006, 2007-present)

• Jack Abbott (2006-2007, majority owner)

• Ashley Abbott (2006-present, minority owner)

• Billy Abbott (2006-present, minority owner)

• Jill Foster Abbott (1986-present, minority owner)

Jabot Cosmetics employees

Current:

• Katherine Chancellor (former Owner of Jabot Cosmetics and Board Member)

• Nikki Newman (Chairwoman and Co-CEO of Jabot Cosmetics)

• David Chow (Co-CEO of Jabot Cosmetics)

• Brad Carlton (President of Jabot Cosmetics)

• Gloria Fisher Abbott (Vice-President of Creative Affairs)

• Kevin Fisher (Jabot Cosmetics Web Designer)

• Lily Winters (Fresh Face of Jabot Model)

• Billy Abbott (Works for Jabot Cosmetics over seas)

• Diane Jenkins (Works for Jabot Cosmetics in Chicago)

• Ashley Abbott (On a leave of absence working for Forrester Creations)

• Jill Foster Abbott (Owner of Jabot Cosmetics and Board Member)

Former:

• John Abbott (founder of Jabot Cosmetics)(Deceased)

• Jack Abbott (Former President and CEO and former Owner of Jabot Comestics)

• Sharon Abbott (Former Spokesperson Jabot Cosmetics)

• Phyllis Summers Newman (Former Web designer Jabot Cosmetics)

• Ji Min Kim (Former C.E.O. of Jabot Cosmetics)(Deceased)

• Damon Porter (Former Chemist Jabot Cosmetics)

• Drucilla Winters (Former employee Jabot Cosmetics)(missing and presumed dead)