Tiger Finance provides $45 million in working capital to Glossier, LLC. 06/18/2026 Credit line supports the brand's operational and growth objectives. NEW YORK - Tiger Finance has provided a $45 million flexible line of credit to global skincare and beauty brand Glossier, LLC. The revolving credit facility, which closed on June 8, is the latest bespoke financing solution provided by the Tiger Group lending platform, which continues to serve a host of ecommerce businesses, retailers, suppliers and lifestyle consumer brands. "Tiger Finance is pleased to partner with Glossier," said Andrew Babcock, Senior Managing Director, Tiger Finance. "Our experience across consumer brands and retail enabled us to structure a flexible financing solution to support the company's ongoing operations and future opportunities." Launched in 2014, the brand traces its roots to "Into The Gloss," a beauty-dedicated editorial site created by Glossier founder Emily Weiss. Celebrating individuality and freedom, Glossier offers a curated selection of skincare, makeup, body care and fragrance products that are intuitive, effective, and easy to use. It operates flagship stores in New York, Los Angeles and London in addition to cultivating its highly engaged social media community of over 4 million followers. "Throughout this process, Tiger Finance demonstrated a strong understanding of our business and long-term ambitions," said Colin Walsh, CEO, Glossier, LLC. "This financing supports the next chapter of Glossier's growth, enabling us to deepen our connection with customers and continue creating meaningful experiences that inspire lasting brand love around the world."

Tiger Finance has provided a $45 million flexible line of credit to Glossier, the global skincare and beauty brand. The revolving credit facility, which closed on 8 June, will support the company's operational needs and growth initiatives. Founded in 2014 by Emily Weiss, Glossier offers skincare, makeup, body care and fragrance products. The brand operates flagship stores in New York, Los Angeles and London, and maintains a social media community of over 4 million followers. The financing marks Tiger Finance's latest deal with e-commerce businesses and lifestyle consumer brands. According to Glossier CEO Colin Walsh, the credit line will enable the company to deepen customer connections and support its next growth phase.

Glossier, the direct-to-consumer beauty brand founded in 2014, is closing nine of its 12 stores over the next two-and-a-half years as part of a strategic overhaul. Only locations in New York City, Los Angeles and London will remain open. The closures affect stores in Atlanta, Boston, Brooklyn, Chicago, Dallas, Washington DC, Las Vegas, Philadelphia and Seattle. The move comes as the company shifts from aggressive physical expansion towards a more selective, performance-driven retail strategy focused on long-term profitability. New CEO Colin Walsh, who took the helm in October 2025, has already laid off approximately one-third of Glossier's workforce and cancelled previously planned product launches. The restructuring reflects broader challenges facing DTC beauty brands, including slowing growth, rising costs and intensifying competition.