Exhibit 99.1

BARE ESCENTUALS, INC. REPORTS SECOND QUARTER FISCAL 2007 RESULTS

Second Quarter Sales Increase 29% and Net Income Improves 93%

SAN FRANCISCO, CA (August 1, 2007) — Bare Escentuals, Inc. (Nasdaq: BARE) today announced financial results for the second fiscal quarter and six months ended July 1, 2007.

Net sales for the second quarter of fiscal 2007 were $124.1 million, an increase of 29.1% from $96.2 million recorded in the same period last year. Net income for the second quarter of fiscal 2007 was $20.2 million, or $0.22 per diluted share on approximately 93.1 million shares outstanding, compared to $10.5 million, or $0.15 per diluted share on approximately 71.7 million shares outstanding, in the second quarter of fiscal 2006. Operating income for the second quarter of fiscal 2007 was $39.4 million, compared to $34.0 million in the same period last year.

For the six months ended July 1, 2007, net sales increased 28.8% to $239.8 million, from $186.1 million in the same period last year. Net income for the first six months of 2007 was $40.6 million, compared to net income of $25.0 million during the same period last year. Operating income for the first six months of fiscal 2007 was $79.8 million, compared to $67.7 million in the same period last year.

“Our performance in the second quarter demonstrates the strength and breadth of our multi-channel business model,” said Leslie Blodgett, Chief Executive Officer. “We achieved sales growth of 29% as we developed more points of distribution and satisfied the growing consumer demand for our products worldwide. We are excited about our prospects and believe that Bare Escentuals is well-positioned to continue to build upon our market leadership and brand excellence.”

Guidance

Bare Escentuals is reaffirming its previously issued fiscal 2007 guidance of diluted earnings per share in the range of $0.89 to $0.94 on approximately 93.2 million shares outstanding.

Conference Call

Bare Escentuals, Inc. will host a conference call today, August 1, 2007 at 1:30 p.m. Pacific (4:30 p.m. Eastern). The call, which will be hosted by Leslie Blodgett, Chief Executive Officer; Diane Miles, President; and Myles McCormick, Chief Financial Officer and Chief Operations Officer, will be broadcast live over the Internet and accessible through the Investor Relations section of the Company’s website at http://ir.bareescentuals.com. The webcast will also be archived online within one hour

1

of the completion of the conference call and available at the Investor Relations section of the Company’s website at http://ir.bareescentuals.com.

About Bare Escentuals, Inc.

Bare Escentuals, Inc. is one of the fastest growing prestige cosmetic companies in the United States and a leader in mineral-based cosmetics. The Company utilizes a distinctive marketing strategy and multi-channel distribution model to develop, market and sell cosmetics, skin care, and body care products under its bareMinerals, RareMinerals and namesake Bare Escentuals brands, and professional skin care products under its md formulations brand through infomercials, home shopping television, specialty beauty retailers, company-owned boutiques, spas and salons, and online shopping.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, such as statements regarding our plans, objectives and future operations and estimates of our financial results and capital expenditures for future periods. Our actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. Factors that could affect future performance include, but are not limited to our dependence on sales of our mineral-based foundation; our dependence on significant customers with whom we do not have long-term purchase commitments; the highly competitive nature of the beauty industry, and the adverse consequences if we are unable to compete effectively; the possibility that we might not manage our growth effectively or sustain our growth or profitability; the possibility that we might not be able to retain key executives and other personnel and recruit additional executives and personnel; the possibility that we might not be able to open and operate new boutiques successfully; our dependence on our suppliers to produce and deliver our products in a timely and cost-effective manner; the possibility that our media spending might not result in increased net sales or generate the levels of product and brand name awareness we desire; the possibility that we may be unable to repay or refinance our indebtedness, which was $300.0 million as of July 1, 2007; changes in general economic or market conditions; and other risk factors detailed in our Annual Report on Form 10-K for the year ended December 31, 2006 as well as our Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, which are available at the SEC’s website at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

2

BARE ESCENTUALS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except percentages and per share data)

	Three months ended										Six months ended
	July 1,  2007					July 2,  2006					July 1, 2007					July 2, 2006
Sales, net	$	124,144		100.0	%	$	96,185		100.0	%	$	239,757		100.0	%	$	186,100		100.0	%
Cost of goods sold	37,578			30.3		26,937			28.0		71,028			29.6		52,133			28.0
Gross profit	86,566			69.7		69,248			72.0		168,729			70.4		133,967			72.0
Expenses:
Selling, general and administrative	43,536			35.1		33,172			34.5		82,721			34.5		62,856			33.8
Depreciation and amortization	1,860			1.5		506			0.5		2,800			1.2		971			0.5
Stock-based compensation	1,779			1.4		1,523			1.6		3,390			1.4		2,467			1.3
Operating income	39,391			31.7		34,047			35.4		79,818			33.3		67,673			36.4
Interest expense, net	(5,787		)	(4.6	)	(12,542		)	(13.0	)	(12,257		)	(5.2	)	(21,239		)	(11.5	)
Debt extinguishment costs	—			0.0		(3,391		)	(3.5	)	—			0.0		(3,391		)	(1.8	)
Income before provision for income taxes	33,604			27.1		18,114			18.9		67,561			28.1		43,043			23.1
Provision for income taxes	13,389			10.8		7,640			8.0		26,941			11.2		18,035			9.7
Net income	$	20,215		16.3	%	$	10,474		10.9	%	$	40,620		16.9	%	$	25,008		13.4	%
Net income per share:
Basic	$	0.22				$	0.15				$	0.45				$	0.36
Diluted	$	0.22				$	0.15				$	0.44				$	0.35
Weighted-average shares used in per share calculations:
Basic	90,021					69,777					89,725					69,461
Diluted	93,091					71,703					92,804					71,785

3

BARE ESCENTUALS, INC.
NET SALES BY BUSINESS SEGMENT AND DISTRIBUTION CHANNEL
(in thousands, except percentages)

	Three Months Ended								Six Months Ended
	July 1,  2007				July 2,  2006				July 1, 2007				July 2, 2006
Retail
Infomercial	$	31,583	25.4	%	$	31,790	33.0	%	$	65,857	27.5	%	$	62,338	33.5	%
Boutiques	19,396		15.6		12,763		13.3		36,530		15.2		24,279		13.0
Total retail	50,979		41.0		44,553		46.3		102,387		42.7		86,617		46.5
Wholesale
Premium wholesale	37,599		30.3		25,077		26.1		73,179		30.5		48,905		26.3
Home shopping television	16,270		13.1		14,916		15.5		29,964		12.5		27,282		14.7
Spas and salons	14,099		11.4		7,409		7.7		24,058		10.0		14,915		8.0
International distributors	5,197		4.2		4,230		4.4		10,169		4.3		8,381		4.5
Total wholesale	73,165		59.0		51,632		53.7		137,370		57.3		99,483		53.5
Sales, net	$	124,144	100.0	%	$	96,185	100.0	%	$	239,757	100.0	%	$	186,100	100.0	%

BARE ESCENTUALS, INC.
CONSOLIDATED BALANCE SHEET DATA
(in thousands)

	July 1, 2007			December 31, 2006			July 2, 2006
	(Unaudited)						(Unaudited)
Cash and cash equivalents	$	22,564		$	20,875		$	13,632
Inventories	56,042			62,006			43,348
Accounts receivable, net of allowances	34,477			30,759			28,561
Total current assets	134,417			125,715			97,062
Total assets	195,626			155,835			120,856
Accounts payable	28,867			25,357			22,561
Accrued liabilities	20,122			16,123			11,364
Total current liabilities	66,636			59,377			52,155
Current portion of long-term debt	17,624			17,624			17,963
Long-term debt	282,376			321,639			694,493
Total stockholders’ equity (deficit)	$	(161,656	)	$	(228,522	)	$	(628,826	)

Investor Contact:	Andrew Greenebaum / Christine Lumpkins
	Icr, Inc.
	agreenebaum@icrinc.com ; clumpkins@icrinc.com
	(310) 954-1100

4