By Walt Hickey Liking Numlock? Forward today’s email to a friend you think may enjoy it and might subscribe. Beauty The global beauty market is worth $532 billion, and Glossier Inc. — the rare company that does almost the entirety of its business on the internet — is now poised to grab $100 million of that this year. The company began as a blog in 2010 and, $86 million in venture capital funding later, could be on the cusp of an international public offering. The beauty business is one of fierce competition and while rival retailer Ulta has seen upwards of 20 percent revenue growth in the past three years, anyone who’s making it happen in both the cutthroat worlds of cosmetics
So, what I take out of the Michigan/Nestle story is that what corporations want matters, and what the public wants--or doesn't want--is absolutely irrelevant.