Cosmetic Corner

Reshaping Beauty FMCG Clearance channels

  • Stage $3M in TTM Revenue
  • Industry Consumer Products
  • Location Balmain, NSW, Australia
  • Currency USD
  • Founded March 2011
  • Employees 9
  • Website http://dollarcosmeticclub.com.au

Company Summary

Cosmetic Corner (CC) sells surplus high margin, branded beauty products both online and offline. CC's unique hybrid model combines a scalable online flash sales model with an extensive offline network of pharmacies for inventory clearance. CC offers a strong value proposition for Customers, who get a deep discount on branded beauty products and for Pharmacists, who are able to boost their Front of Store sales. Launching in the US early 2013

Team

  • Issac Elnekave
    Co-founder, MD and CEO

    Serial entrepreneur with a track record of successful start ups and exits in Australia and the U.S.

    1991 - Co-founded L.A. Shirts , an apparel manufacturing and distribution company based in the US, which was named one of Inc. 500's fastest growing private companies in 1996. Exited via a sell down to shareholders and emigrated to Australia.

    1997 - Founded The Bagel House , Grew a small Bagel cafe and local distribution business into Austra

  • Katie Fletcher
    General Manager

    Katie's background is in finance and she has experience in the pharmacy sector

    2005 -2009 - Retail manager of Mount Annan Pharmacy Express

    2008-2011 - Tax accountant at KPMG

    2010 -1st employee at Pharmacy Technology Group

    Bachelor of Laws and Commerce from University of Wollongong, Australia

  • Issac Elnekave

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