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{{Short description|Online beauty retailer}}
{{Infobox company
{{Infobox website
| name = Dermstore
| name = Dermstore
| logo = Dermstore_logo.svg
| logo = Dermstore_logo.svg
| logo_size = 200px
| logo_size =
| logo_alt =
| type = [[Private company|Private]]
| logo_caption =
| founder = Craig A. Kraffert<ref>{{citation|url=http://www.reddingderm.com/staff/craig-kraffert-md|title=Craig Kraffert Bio}}</ref>
| screenshot =
⚫
| area_served = [[United States]]
| screenshot_size =
⚫
| industry = [[Consumer goods]]
| screenshot_alt =
⚫
| products = [[Cosmetics]] & [[beauty]]
| collapsible = <!-- set as "on", "y", etc, otherwise omit/leave blank. Does nothing for mobile users. -->
| parent = [[Target Corporation]]
| collapsetext = <!-- collapsible area's heading (default "Screenshot"); omit/leave blank if collapsible not set -->
| foundation = {{start date and age|1999}}<ref>{{citation|url=http://www.reddingderm.com/staff/craig-kraffert-md|title=Craig Kraffert Bio}}</ref>
| background = <!-- for collapsetext heading; default grey (gainsboro) -->
| caption =
| type = [[Online shopping]]
| language =
| language_count =
| language_footnote =
| traded_as =
| founded = {{start date and age|1999}}
| dissolved =
| predecessor =
| successor =
| headquarters =
| location_city = [[El Segundo, California]]
| location_city = [[El Segundo, California]]
| location_country = [[United States]]
| location_country = United States
| locations = 1
| country_of_origin =
| locations =
⚫
| homepage = {{URL|http://www.dermstore.com/}}
⚫
| area_served = [[United States]] and [[Canada]]
| owner = [[THG plc]]
| founder = Craig A. Kraffert
| editor = <!-- or: | editors = -->
| chairman =
| chairperson =
| president =
| CEO =
| MD =
| GM =
| key_people =
⚫
| industry =
⚫
| products = [[Cosmetics]]
| services =
| revenue = <!-- or: | rev = -->
| operating_income =
| international = <!-- or: | intl = -->
| net_income =
| employees = <!-- or: | num_employees = -->
| parent = THG Beauty
⚫
| url = {{URL|dermstore.com/}}
| ipv6 =
| advertising =
| commercial = <!-- "Yes", "No" or leave blank -->
| registration = <!-- or: | reg = -->
| num_users = <!-- or: | users = -->
| launch_date = <!-- {{Start date and age|df=yes/no|YYYY|MM|DD}} -->
| current_status =
| native_clients =
| content_license = <!-- or: | content_licence = -->
| programming_language =
| footnotes = <ref name="THG Annual Report 2021">{{Cite web|url=https://dl8hes3yo0qpy.cloudfront.net/wp-content/uploads/2022/05/09101431/Annual-Report21-FINAL-linked-compressed.pdf|title=THG Annual Report 2021|publisher=THG plc|date=9 May 2022|access-date=25 September 2022}}</ref><ref name="Craig Kraffert Bio">{{citation|url=http://www.reddingderm.com/staff/craig-kraffert-md|title=Craig Kraffert Bio}}</ref>
}}
}}


'''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.<ref name="THG Annual Report 2021">{{Cite web|url=https://dl8hes3yo0qpy.cloudfront.net/wp-content/uploads/2022/05/09101431/Annual-Report21-FINAL-linked-compressed.pdf|title=THG Annual Report 2021|publisher=THG plc|date=9 May 2022|access-date=25 September 2022}}</ref>
'''Dermstore''' is a [[skin care]] and beauty [[e-commerce]] site in the United States.<ref>{{citation|url=https://pando.com/2013/08/07/target-buys-dermstore-and-sensa-is-on-the-block-intelligent-beauty-focuses-on-justfab/|title=Target buys Dermstore and Sensa is on the block. Intelligent Beauty focuses on JustFab's $1B potential|author=Michael Carney|date=2015-08-07|accessdate=2015-07-15|publisher=[[PandoDaily]]}}</ref> It is a subsidiary of [[Target Corporation]] which sells skin care and hair care products.


== History ==
==History==
Dermstore was founded by [[dermatologist]] Craig Kraffert in 1999.<ref>{{citation|url=http://www.reddingderm.com/staff/craig-kraffert-md|title=Craig Kraffert Bio}}</ref> In 2012, the company expanded from distributing professional skin care, to consumer cosmetics brands.<ref>{{cite news|url=http://www.happi.com/contents/view_breaking-news/2012-05-09/dermstorecom-expands-into-beauty-space|title=Dermstore.com Expands Into Beauty Space|date=2012-05-09|accessdate=2015-07-15|publisher=happi.com}}</ref>
Dermstore was founded by [[dermatologist]] Craig Kraffert in 1999.<ref>{{citation|url=http://www.reddingderm.com/staff/craig-kraffert-md|title=Craig Kraffert Bio}}</ref> 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.<ref>{{cite magazine |last1=Deem |first1=Megan |title=Makeup Subscription Boxes |url=https://www.harpersbazaar.com/beauty/makeup/g28847596/makeup-subscription-boxes/ |magazine=[[Harper's Bazaar]] |accessdate=August 30, 2019}}</ref> In 2012, the company expanded from distributing professional skin care to consumer cosmetics brands,<ref>{{cite news|url=http://www.happi.com/contents/view_breaking-news/2012-05-09/dermstorecom-expands-into-beauty-space|title=Dermstore.com Expands Into Beauty Space|date=2012-05-09|accessdate=2015-07-15|publisher=happi.com}}</ref> and on March 19, 2013, the company opened its flagship store in [[Hermosa Beach, California]].<ref>{{cite news|url=http://beautystorebusiness.com/dermstore-opens-flagship-store-southern-california|title=Dermstore Opens Flagship Store In Southern California|accessdate=2015-07-15|publisher=beautystorebusiness.com}}</ref>


On August 6, 2013, [[Target Corporation]] acquired the Dermstore Beauty Group.<ref>{{citation|url=http://pressroom.target.com/news/target-to-expand-beauty-business-through-acquisition-of-dermstore|title=Target Press Release on Dermstore Acquisition}}</ref> Dermstore became a wholly owned subsidiary of Target which operated as a separate entity under its online name, Dermstore.com.<ref>{{citation|url=https://pando.com/2013/08/07/target-buys-dermstore-and-sensa-is-on-the-block-intelligent-beauty-focuses-on-justfab/|title=Target buys Dermstore and Sensa is on the block. Intelligent Beauty focuses on JustFab's $1B potential|author=Michael Carney|date=2015-08-07|accessdate=2015-07-15|publisher=[[PandoDaily]]}}</ref> Dermstore's product offering consisted of over 350 brands<ref>{{citation|url=http://pressroom.target.com/news/target-to-expand-beauty-business-through-acquisition-of-dermstore|title=Target Press Release on Dermstore Acquisition}}</ref>
Dermstore opened its flagship store in [[Hermosa Beach, California]], on March 19, 2012.<ref>{{cite news|url=http://beautystorebusiness.com/dermstore-opens-flagship-store-southern-california|title=Dermstore Opens Flagship Store In Southern California|accessdate=2015-07-15|publisher=beautystorebusiness.com}}</ref> The sole brick-and-mortar store carries a retail selection of products found on its website, and a day spa offering facial treatments.


In December 2020, [[THG plc]] announced it would buy Dermstore from Target Corporation for $350 million.<ref>{{cite web |title=UK's Hut Group to buy online retailer Dermstore from Target for £249 million pounds|url=https://www.reuters.com/article/uk-dermstore-m-a-the-hut-group-idUKKBN2930MY|website=[[Reuters]] |accessdate=January 8, 2021}}</ref> The deal closed on February 2, 2021 and Dermstore was migrated onto THG's Ingenuity e-commerce platform.<ref name="THG Annual Report 2021"/>
In early 2013, hairstylist Harry Josh launched a product line with Dermstore as the exclusive retailer.<ref>{{cite news|url=http://beautystorebusiness.com/dermstore-beauty-group-launch-harry-josh-pro-tools-hairenvycom|title=Dermstore Beauty Group To Launch Harry Josh Pro Tools At HairEnvy.Com|accessdate=2015-07-15|publisher=beautystorebusiness.com}}</ref>

On August 6, 2013, Target Corporation acquired the Dermstore Beauty Group.<ref>{{citation|url=http://pressroom.target.com/news/target-to-expand-beauty-business-through-acquisition-of-dermstore|title=Target Press Release on Dermstore Acquisition}}</ref> Following the transaction closing, Dermstore became a wholly-owned subsidiary of Target which operates as a separate entity under its online name, Dermstore.com.

In July 2019, Dermstore partnered with the [[American Academy of Dermatology]] to provide skin care education.<ref>{{cite web |last1=Sandler |first1=Emma |title=Dermstore rebrands to compete with Sephora and Ulta |url=https://www.glossy.co/beauty/dermstore-rebrands-to-compete-with-sephora-and-ulta |website=[[Glossy]] |accessdate=July 31, 2019}}</ref><ref>{{cite web |title=Nearly $40,000 raised for skin cancer prevention and detection through "Skin Cancer, Take a Hike!" |url=https://www.aad.org/news/skin-cancer-take-a-hike-raised-nearly-forty-thousand-dollars |website=[[American Academy of Dermatology]] |accessdate=October 14, 2019}}</ref>

==Criticisms==
Review sites show numerous complaints regarding practices that are misleading. The Better Business Bureau, in particular, has complaints of stolen credit card information.<ref>{{citation|url=https://www.bbb.org/us/ca/el-segundo/profile/skin-care/dermstore-1216-100105717/complaints | title=“BBB Profile}}</ref>

==Brands==
Dermstore's product offering consists of over 350 brands<ref>{{citation|url=http://pressroom.target.com/news/target-to-expand-beauty-business-through-acquisition-of-dermstore|title=Target Press Release on Dermstore Acquisition}}</ref>

In 2008, Dermstore launched a subscription service called ''BeautyFIX''. The monthly subscription service offers beauty boxes containing skin care, hair care and makeup products for a fee.<ref>{{cite web |last1=Deem |first1=Megan |title=Makeup Subscription Boxes |url=https://www.harpersbazaar.com/beauty/makeup/g28847596/makeup-subscription-boxes/ |website=[[Harper's Bazaar]] |accessdate=August 30, 2019}}</ref>


== References ==
== References ==
{{reflist}}
{{reflist}}


[[Category:Target Corporation]]
[[Category:THG (company)]]
[[Category:Companies based in California]]
[[Category:Companies based in California]]
[[Category:Retail companies established in 1999]]
[[Category:Retail companies established in 1999]]
[[Category:Internet properties established in 1999]]
[[Category:Internet properties established in 1999]]
[[Category:Online retailers of the United States]]
[[Category:Online retailers of the United States]]
[[Category:1999 establishments in California]]

Latest revision as of 18:49, 18 February 2024

Dermstore
Type of site
Online shopping
Founded1999; 25 years ago (1999)
Headquarters
El Segundo, California
,
United States
Area servedUnited States and Canada
OwnerTHG plc
Founder(s)Craig A. Kraffert
ProductsCosmetics
ParentTHG Beauty
URLdermstore.com
[1][2]

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.[1]

History

[edit]

Dermstore was founded by dermatologist Craig Kraffert in 1999.[3] 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.[4] In 2012, the company expanded from distributing professional skin care to consumer cosmetics brands,[5] and on March 19, 2013, the company opened its flagship store in Hermosa Beach, California.[6]

On August 6, 2013, Target Corporation acquired the Dermstore Beauty Group.[7] Dermstore became a wholly owned subsidiary of Target which operated as a separate entity under its online name, Dermstore.com.[8] Dermstore's product offering consisted of over 350 brands[9]

In December 2020, THG plc announced it would buy Dermstore from Target Corporation for $350 million.[10] The deal closed on February 2, 2021 and Dermstore was migrated onto THG's Ingenuity e-commerce platform.[1]

References

[edit]
  1. ^ a b c "THG Annual Report 2021" (PDF). THG plc. 9 May 2022. Retrieved 25 September 2022.
  2. ^ Craig Kraffert Bio
  3. ^ Craig Kraffert Bio
  4. ^ Deem, Megan. "Makeup Subscription Boxes". Harper's Bazaar. Retrieved August 30, 2019.
  5. ^ "Dermstore.com Expands Into Beauty Space". happi.com. 2012-05-09. Retrieved 2015-07-15.
  6. ^ "Dermstore Opens Flagship Store In Southern California". beautystorebusiness.com. Retrieved 2015-07-15.
  7. ^ Target Press Release on Dermstore Acquisition
  8. ^ Michael Carney (2015-08-07), Target buys Dermstore and Sensa is on the block. Intelligent Beauty focuses on JustFab's $1B potential, PandoDaily, retrieved 2015-07-15
  9. ^ Target Press Release on Dermstore Acquisition
  10. ^ "UK's Hut Group to buy online retailer Dermstore from Target for £249 million pounds". Reuters. Retrieved January 8, 2021.
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