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Kristen Bell’s baby products company Hello Bello files for bankruptcy protection

Kristen Bell, left, and Dax Shepard speaking on a stage
Kristen Bell, left, and Dax Shepard, who are married, launched baby products company Hello Bello in 2019.
(Jack Plunkett / Invision / Associated Press)
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Baby products company Hello Bello, founded by actors Kristen Bell and Dax Shepard, has filed for Chapter 11 bankruptcy protection.

The Los Angeles-based company, backed by private equity firm VMG Partners, listed assets and liabilities of at least $100 million each in its bankruptcy petition. The filing protects the company from creditors while it works out a way to repay them.

In 2019, Bell and Shepherd, who are married, launched the brand alongside a deal to sell the products exclusively at Walmart, according to a statement at the time. Hello Bello joins other consumer companies such as Bed Bath & Beyond that have buckled this year as the pressure of inflation and high interest rates persists.

Bed Bath & Beyond filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers.

April 23, 2023

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The brand’s largest creditor is a tissue products supplier that may be owed about $22 million, according to court papers.

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