GlossyBox

GlossyBox is a subscription service that delivers personalized beauty boxes, curated with cosmetics and skincare products, directly to consumers. It focuses on enhancing beauty routines through a monthly subscription model. Founded in 2011 by Chunhwa Park, GlossyBox operates out of Berlin, Germany, providing a subscription-based beauty service. The company has raised USD 72.

00 mn in funding, with the latest investment round occurring on 14 August 2017, targeting investors such as HV Capital, Kinnevik, and Rocket Internet SE. GlossyBox has completed a total of 5 deals, and was acquired by The Hut Group as part of its business strategy, adding to its portfolio of beauty services. GlossyBox specializes in delivering curated boxes of cosmetics and skincare products to its subscribers. The service includes a variety of beauty items, such as makeup and skincare, emphasizing partnerships with well-known brands and emerging companies.

By offering a personalized experience, GlossyBox caters to both beauty enthusiasts and consumers seeking to discover new products, with a strong presence in markets like Germany and France. In 2018, GlossyBox reported a revenue of USD 24,777,403. 70, with an EBITDA of USD 18,626. 70, primarily generated through its subscription model.

The company's revenue structure is bolstered by direct-to-consumer sales and partnerships with cosmetic brands, contributing to a loyal customer base and promoting repeat subscriptions. GlossyBox plans to leverage its recent funding to enhance its product offerings and expand into new geographic markets. With a focus on launching new beauty products, the company aims to broaden its market reach, particularly in France where it has strengthened its presence through collaboration with Blissim. The funding from the latest round will support these initiatives as GlossyBox continues to evolve its subscription service and explore new avenues for growth.