Glossier

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Glossier is a beauty brand founded by Emily Weiss in 2014. It started as an online-only company, building on the popularity of the beauty blog "Into the Gloss". [1] Glossier was one of the first direct-to-consumer beauty companies when it launched in 2014, and has grown to over 10 retail locations in addition to global distribution in Sephora, SpaceNK, and Mecca. [2] The brand's products span skincare, makeup, bodycare, fragrance, and merch.

Contents

History

Weiss began her career in the fashion industry and gained public attention through her beauty blog "Into The Gloss" while working at Vogue. Inspired by the direct interactions with her readers, she founded Glossier with the mission to democratize beauty and create products that enhance natural beauty. [3] [4]

Emily Weiss TechCrunch Disrupt NY 2015 - Day 1 (16746580034).jpg
Emily Weiss

Glossier raised $2 million in seed funding from Forerunner Ventures, and launched Glossier.com with four products: an all-purpose balm, a facial mist, a sheer skin tint, and a moisturizer. [5] [6] The site developed philosophy of "skin first, makeup second", [7] promoting a relaxed approach to beauty. [8] It later expanded its product line to include skin serums, masks, shower gel, body lotion, fragrance, lip balms and lipstick. [9]

In 2018, Glossier more than doubled its revenue in 2018, adding over 1 million new customers. [10] In 2018 and 2019, Glossier raised another $150 million, valuing the company at $1.2 billion. [11] [12] That year it introduced a clothing line, GlossiWEAR, and its first physical retail location. [13] [8]

In May 2022, Weiss stepped down as CEO of Glossier, but stayed on its board as executive chairwoman. Kyle Leahy, Glossier's former chief commercial officer, took over as CEO. [14]

Reception

Glossier gained recognition for its inclusive marketing campaigns showcasing individuals of various skin tones, ages, and genders, including through social media and a blog called Into the Gloss , building relationships directly with consumers in a direct-to-consumer business model that allowed it to solicit feedback directly from customers. Glossier was one of the first to do this in the cosmetics industry. [15] [16]

Individual products have received beauty awards from fashion magazines, including a number from Allure. [17] [18]

Critiques on social media surrounding the new formula of the Balm Dot Com lip balm caused the company to reintroduce the previous formula. [19]

In 2020, Glossier became the first-ever beauty partner of the WNBA, and has renewed the partnership in recent years. [20] In 2024, Glossier became the first beauty partner of USA Basketball. [21]

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References

  1. ↑ https://intothegloss.com/2014/10/emily-weiss-glossier/
  2. ↑ https://www.glossier.com/pages/locations?srsltid=AfmBOoo4YRHdMHT-IewZrwtLg7KjRpTNY7JFbBU4dl7a3fk5__A6E6z4
  3. ↑ "Meet Emily Weiss: A Look Inside Glossier With Its Founder & CEO". Into The Gloss. 2016-02-24. Retrieved 2023-12-13.
  4. ↑ "What Emily Weiss Does Before She Goes Out". Into The Gloss. 2018-05-09. Retrieved 2023-12-13.
  5. ↑ "How Glossier turned itself into a billion-dollar beauty brand". Wired UK. ISSN   1357-0978 . Retrieved August 18, 2021.
  6. ↑ Del Russo, Maria. "Your New Favorite Makeup Line Is All About Skin Care". Refinery29. Retrieved October 6, 2014.
  7. ↑ "About". Glossier. Retrieved 2023-12-13.
  8. 1 2 Fischer, Molly (2023-09-18). "How Glossier Made Effortlessness a Billion-Dollar Brand". The New Yorker. ISSN   0028-792X . Retrieved 2023-12-13.
  9. ↑ "How Emily Weiss's Glossier Grew From Millennial Catnip to Billion-Dollar Juggernaut". Vanity Fair. October 10, 2019. Retrieved August 18, 2021.
  10. ↑ Berger, Sarah (March 20, 2019). "Glossier: How this 33-year-old turned her beauty blog to a $1 billion brand". CNBC. Retrieved March 5, 2020.
  11. ↑ Mandell, Janna. "Glossier Just Got $52 Million In Fresh Capital, Bringing Total Funding To $86 Million". Forbes. Retrieved March 6, 2018.
  12. ↑ Roof, Katie; Chernova, Yuliya (March 19, 2019). "Glossier Tops Billion-Dollar Valuation With Latest Funding". Wall Street Journal. ISSN   0099-9660 . Retrieved April 22, 2019.
  13. ↑ Rearick, Lauren (July 14, 2019). "Glossier Is Coming for Our Closets with Glossiwear". Allure. Retrieved February 1, 2021.
  14. ↑ "Glossier CEO Emily Weiss Steps Down". The Business of Fashion. 2022-05-24. Retrieved 2023-12-13.
  15. ↑ "Glossier marketing: How the beauty brand used word-of-mouth to shake up the industry | Extole". 2022-08-07. Retrieved 2023-12-13.
  16. ↑ "Glossier Built a Cult-Brand and a Digital Community, but What's Next?". Cold Call - HBS Working Knowledge (Podcast). Harvard Business School. 2020-08-04. Retrieved 2023-12-13.
  17. ↑ "How Glossier turned itself into a billion-dollar beauty brand". Wired UK. ISSN   1357-0978 . Retrieved 2023-12-13.
  18. ↑ "15 Glossier Products That Beauty Editors Are Obsessed With". Allure. 2017-12-07. Retrieved 2024-01-02.
  19. ↑ "Glossier Is Bringing Back the Original Balm Dotcom Formula—For Good". Byrdie. Retrieved 2024-08-24.
  20. ↑ https://www.wnba.com/news/glossier-wnba-partnership-renewal
  21. ↑ https://www.usab.com/news/2024/07/usa-basketball-womens-national-team-announces-glossier-as-first-ever-official-beauty-partner
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