Exhibit 99.1

BARE ESCENTUALS, INC. REPORTS SECOND QUARTER FISCAL 2009 RESULTS

SAN FRANCISCO, CA (July 29, 2009) — Bare Escentuals, Inc. (Nasdaq: BARE) today announced financial results for the second fiscal quarter and six months ended June 28, 2009.

Net sales for the second quarter of fiscal 2009 were $132.5 million, a decrease of 4% from $138.5 million in the same period last year. Net income for the second quarter of fiscal 2009 was $19.8 million, or $0.21 per diluted share, compared to $24.7 million, or $0.26 per diluted share, in the same period last year.

Net sales for the six months ended June 28, 2009, were $256.7 million, a decrease of 8% from $278.9 million in the same period last year. Net income for the first six months of 2009 was $36.5 million, or $0.39 per diluted share, compared to net income of $50.5 million, or $0.54 per diluted share, in the same period last year.

“We are encouraged by our year-to-date performance. We’ve made terrific progress strengthening our balance sheet, and we are making early headway with new product introductions and customer-touch initiatives,” said Leslie Blodgett, Chief Executive Officer. “As we look towards the balance of the year, we are excited with our merchandising and marketing calendar. We believe these initiatives will position us to compete in what is likely to be a continued challenging retail environment.”

Conference Call

Bare Escentuals, Inc. will host a conference call today, July 29, 2009 at 1:30 p.m. Pacific (4:30 p.m. Eastern). The call will be hosted by Leslie Blodgett, Chief Executive Officer, and Myles McCormick, Chief Operating Officer and Chief Financial Officer, and will be broadcast live over the Internet and will be 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 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 leading prestige cosmetic companies in the United States and an innovator 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, Buxom and md formulations brands worldwide.

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. These statements include, but are not limited to, statements regarding new product offerings and customer-touch initiatives and our plans and objectives for future operations. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,”

“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are also intended to identify forward-looking statements. These forward-looking statements are based upon our current understandings, estimates, and projections and should not be considered a guarantee of future performance. Our actual results and the timing of events could differ materially from those anticipated in or implied by these forward-looking statements as a result of several factors. Factors that could affect future performance include, but are not limited to, changes in general economic or market conditions, including the adverse effects of a challenging and potentially worsening consumer and retail environment; 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; and other risk factors detailed in our most recently filed Annual Report on Form 10-K, and any subsequently filed Quarterly Reports on Form 10-Q, 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 revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

Investor Contact:	Eric C. Wong
	Bare Escentuals, Inc.
	(415) 489-5000
	Laura Foster / Christine Gleim
	ICR, Inc.
	Laura.foster@icrinc.com; christine.gleim@icrinc.com
	(310) 954-1100

BARE ESCENTUALS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except percentages and per share data)

(Unaudited)

	Three Months Ended										Six Months Ended
	June 28, 2009					June 29, 2008					June 28, 2009					June 29, 2008
Sales, net	$	132,467		100.0	%	$	138,518		100.0	%	$	256,720		100.0	%	$	278,876		100.0	%
Cost of goods sold		35,533		26.8			39,017		28.2			68,870		26.8			77,674		27.9
Gross profit		96,934		73.2			99,501		71.8			187,850		73.2			201,202		72.1
Expenses:
Selling, general and administrative		56,165		42.4			50,691		36.6			110,227		42.9			101,155		36.3
Depreciation and amortization		4,247		3.2			2,821		2.0			8,341		3.3			5,442		1.9
Stock-based compensation		1,543		1.2			968		0.7			3,014		1.2			2,880		1.0
Operating income		34,979		26.4			45,021		32.5			66,268		25.8			91,725		32.9
Interest expense		(2,825	)	(2.1	)		(4,280	)	(3.1	)		(5,614	)	(2.2	)		(8,924	)	(3.2	)
Other income (expense), net		599		0.4			(40	)	0.0			161		0.1			667		0.2
Income before provision for income taxes		32,753		24.7			40,701		29.4			60,815		23.7			83,468		29.9
Provision for income taxes		12,991		9.8			16,009		11.6			24,364		9.5			32,993		11.8
Net income	$	19,762		14.9	%	$	24,692		17.8	%	$	36,451		14.2	%	$	50,475		18.1	%
Net income per share:
Basic	$	0.22				$	0.27				$	0.40				$	0.55
Diluted	$	0.21				$	0.26				$	0.39				$	0.54
Weighted-average shares used in per share calculations:
Basic		91,844					91,377					91,766					91,319
Diluted		93,371					93,363					93,124					93,320

BARE ESCENTUALS, INC.

NET SALES BY BUSINESS SEGMENT

(in thousands, except percentages)

(Unaudited)

	Three Months Ended								Six Months Ended
	June 28, 2009				June 29, 2008				June 28, 2009				June 29, 2008
North America Retail	$	77,930	58.8	%	$	74,110	53.5	%	$	151,139	58.9	%	$	152,152	54.5	%
North America Direct To Consumer		38,971	29.4			48,420	35.0			74,141	28.9			96,668	34.7
International		15,566	11.8			15,988	11.5			31,440	12.2			30,056	10.8
Sales, net	$	132,467	100.0	%	$	138,518	100.0	%	$	256,720	100	%	$	278,876	100.0	%

BARE ESCENTUALS, INC.

CONSOLIDATED BALANCE SHEET DATA

(in thousands)

	June 28, 2009		December 28, 2008*			June 29, 2008
	(Unaudited)					(Unaudited)
Cash and cash equivalents	$	97,499	$	47,974		$	31,135
Inventories		75,032		92,576			81,469
Accounts receivable, net of allowances		29,090		42,304			45,266
Total current assets		226,040		203,167			180,069
Total assets		328,904		299,781			262,509
Accounts payable		12,286		16,534			29,457
Accrued liabilities		22,263		20,260			20,106
Total current liabilities		51,765		57,063			66,779
Current portion of long-term debt		17,216		17,216			17,216
Long-term debt		216,921		223,808			230,694
Total stockholders’ equity (deficit)	$	41,439	$	(308	)	$	(49,054	)

* The balance sheet data was derived from the audited consolidated balance sheet at December 28, 2008 included in the Company’s most recently filed Annual Report on Form 10-K.