Glossier Announces $80m Financing: ‘This Is The Future We’ve Always Been Building For’

Having started a decade ago as a beauty blog, Glossier now markets around 40 products across beauty and personal-care categories in the US and internationally with the same modus operandi: “We create the products you tell us you wish existed.” The company will use new funding, in part, to open new Glossier stores after shuttering its owned retail operations in 2020 due to COVID.

Macro photo of tooth wheel mechanism with FUNDING concept words

Glossier, Inc. will be scaling the online dimension of its business internationally and reopening its owned retail channel with $80m in new funding announced on 7 July.

“Seven years into Glossier’s journey, our strategy and the expectations of beauty consumers everywhere are aligned: beauty discovery increasingly begins online as people look for inspiration from friends and strangers alike, and customers want to move fluidly between immersive and

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