The company, founded in 2011 in Berlin, operates in ten core markets from offices in the UK, Germany, France, Sweden and the USA. Speaking on the deal, Matthew Moulding, founder and chief executive of The Hut Group added “this is another significant investment for The Hut Group. In Glossybox, we have acquired a great brand, with a solid and engaged customer base that, once powered through our platform and marketing infrastructure, should be capable of further significant growth.” Customers receive a box of beauty products on either a rolling monthly or fixed term basis through its subscription service.