One of the most attractive pieces of GLOSSYBOX is its ample and global consumer data, which can be leveraged to help its new owner in terms of acquiring prestige U.S. beauty brands, a top goal for the firm.
Signalling what could be the beginning of the end for subscription boxes, health and beauty retailer, The Hut Group (THG), has acquired GLOSSYBOX from majority shareholders Rocket Internet and Kinnevik Online.
Consumers may be excited, but according to some box executives, Sephora’s entry will affect sample allocations, causing more duplicated products and a shortage of samples for less established box players.
Cosmetic Executive Women, Inc. (CEW) is a nonprofit, professional organization with more than 10,500+ members globally, both men and women, from over 3,500 companies in the beauty and retail industries.
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