| Dermstore | |
| Type: | Online shopping |
| Location City: | El Segundo, California |
| Location Country: | United States |
| Area Served: | United States and Canada |
| Owner: | THG plc |
| Founder: | Craig A. Kraffert |
| Editors: | --> |
| Products: | Cosmetics |
| Rev: | --> |
| Intl: | --> |
| Num Employees: | --> |
| Parent: | THG Beauty |
| Reg: | --> |
| Users: | --> |
| Content Licence: | --> |
| Footnotes: | [1] |
Dermstore is US web store which sells cosmetics and skin care products. In 2021, it was acquired by THG plc from Target Corporation for £260.9m and migrated onto the company's Ingenuity e-commerce platform.[2]
Dermstore was founded by dermatologist Craig Kraffert in 1999. In 2008, Dermstore launched a subscription service called BeautyFIX. The monthly subscription service offered beauty boxes containing skin care, hair care and makeup products for a fee.[3] In 2012, the company expanded from distributing professional skin care to consumer cosmetics brands,[4] and on March 19, 2013, the company opened its flagship store in Hermosa Beach, California.[5]
On August 6, 2013, Target Corporation acquired the Dermstore Beauty Group. Dermstore became a wholly owned subsidiary of Target which operated as a separate entity under its online name, Dermstore.com. Dermstore's product offering consisted of over 350 brands
In December 2020, THG plc announced it would buy Dermstore from Target Corporation for $350 million.[6] The deal closed on February 2, 2021 and Dermstore was migrated onto THG's Ingenuity e-commerce platform.[1]