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After 6 years serving the $1.7 Billion dollar online cosmetics market Gloss.com (180 on IR 500) has shut down.
Gloss.com was run by the $7 Billion dollar cosmetics giant Estee Lauder. Traditional retailers are quickly finding out just how competitive the online arena is. Here is a chart comparing traffic between Gloss.com and other beauty product etailers:
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