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Beauty Pie

From EverybodyWiki Bios & Wiki


Beauty Pie
ISIN🆔
IndustryBeauty
Founded 📆2016
Founder 👔Marcia Kilgore
Headquarters 🏙️,
London
,
United Kingdom
Area served 🗺️
Members
Number of employees
🌐 Websitewww.beautypie.com
📇 Address
📞 telephone

Beauty Pie is a direct-to-consumer, membership-based luxury beauty and health products online brand.[1][2]. The company was founded with the mission of selling luxury beauty and health products at fair prices[3][4]. Beauty Pie sources directly from manufacturers, cutting out the middlemen and retail markups[4].

Founded in 2016 by Canadian serial entrepreneur Marcia Kilgore, the company is headquartered in London, England, and also operates in the US.

The company closed a Series A investment[5] in a round led by Index Ventures[6], Balderton Capital[7] and General Catalyst[8][9]. Figures for the round have not been disclosed[10].

Retail Model

Beauty Pie carved out a niche as a direct-to-consumer brand founded on the psychology behind consumer behaviour[11]. While mainly online, Beauty Pie hosted a pop-up event at Harvey Nichols Knightsbridge, offering workshops hosted by Founder Marcia Kilgore and drop-in passes[12].

Beauty Pie operates a tiered membership model, similar to US grocery warehouse club Costco[13]. Members choose between a one-off yearly subscription (£99 in the UK[14], $99 in the US[15]) or pay a monthly fee of between £5 and £20[16] ($10-$30 in the US[17]). All memberships come with a monthly spending limit. Users then get access to buyers’ club prices, which are the face value prices for skincare, make-up and haircare products bought directly from the manufacturers.

Products

Beauty Pie provides a range of products including makeup, skincare, haircare, bodycare, fragrance, and gifts. In 2020 the company launched supplements as a new product category[18][19]. These are currently available in the UK only and will be made available in the US later this year[20]. Each formula is made without fillers, GMOs, artificial colours or preservatives.

Beauty Pie is cruelty free and against animal testing[21]. Beauty Pie made a commitment to be completely transparent about the ingredients they use in products and all ingredients in each product are listed on each product page[22]

References

  1. ↑ "Marcia Kilgore Wiki: Here's What You Need to Know about the 'Beauty Pie' Mogul". Earn the Necklace.
  2. ↑ "The Cosmetics Executive Who Says a $2 Lipstick Is As Good as a $28 One". The Wall Street Journal.
  3. ↑ "This New Beauty Startup Is Selling Luxury Lipstick for Less Than Your Daily Latte". Vogue.
  4. ↑ 4.0 4.1 "Marcia Kilgore: beauty disrupter offers luxury for less". Financial Times.
  5. ↑ "Beauty Pie - Crunchbase Company Profile & Funding". Crunchbase.
  6. ↑ "Beauty Pie Index Ventures". Index Ventures.
  7. ↑ "Balderton Capital Investment Portfolio | Balderton Capital". Balderton Capital.
  8. ↑ "Beauty Pie - General Catalyst". General Catalyst.
  9. ↑ "Makeup Without the Markup". The New York Times.
  10. ↑ "Beauty Pie - Crunchbase Company Profile & Funding". Crunchbase.
  11. ↑ "Meet the DTC beauty brand founded on the psychology of consumer behaviour". MarketingWeek.
  12. ↑ "5 Things To Know About Beauty Pie's First Pop-Up". Vogue.
  13. ↑ "The New Social Contract". Index Ventures.
  14. ↑ "Beauty Pie Membership". Beauty Pie.
  15. ↑ "Beauty Pie Membership". Beauty Pie.
  16. ↑ "Beauty Pie Membership". Beauty Pie.
  17. ↑ "Beauty Pie Membership". Beauty Pie.
  18. ↑ "Beauty Pie Makes Foray Into Supplements". WWD.
  19. ↑ "Beauty Pie expands focus to inner beauty and wellness". Glossy.
  20. ↑ "Beauty Pie expands focus to inner beauty and wellness". Glossy.
  21. ↑ "Beauty Pie Membership". Beauty Pie.
  22. ↑ "What does clean beauty mean to Beauty Pie?". Beauty Pie.


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