Euromonitor

Company

Last mentioned: Mar 24, 2026

Timeline

  1. Closure Completion

    Target date for the completion of the nine store closures, leaving only three flagships.

  2. Consolidated Model

    Glossier completes transition to a flagship-only retail model supported by wholesale.

  3. Restructuring Announced

    Glossier confirms plans to close 75% of its store fleet and trim its product portfolio.

  4. Restructuring Announced

    Glossier confirms plans to shutter 75% of its retail footprint.

  5. Phased Closures

    Nine retail locations across the U.S. will be closed over a 2.5-year period.

  6. New Leadership

    Colin Walsh takes over as CEO of Glossier to stabilize the brand.

  7. New Leadership

    Colin Walsh is appointed CEO to lead Glossier's strategic turnaround.

Stories mentioning Euromonitor 2

brand-strategy Bearish

Glossier Retreats from Physical Retail in Major Strategic Pivot

Glossier is closing nine of its 12 retail locations over the next 30 months as part of a radical restructuring under new CEO Colin Walsh. The move signals a broader shift in the beauty industry away from aesthetic-driven direct-to-consumer models toward clinical efficacy and wholesale partnerships.

3 sources