The company, founded in 2014, has raised more than $250 million from venture-capital investors and is among the city’s unicorns—private companies valued at more than $1 billion.
The company sells skin-care and makeup products directly to consumers, using an Instagram account with 2.7 million followers as a major marketing tool.
Its business has been boosted by the Covid-19 pandemic, as more shoppers have headed toward e-commerce. Glossier said it surpassed 5 million customers this year.
The brand’s move into the physical world was shut down
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