
MCoBeauty Expands Its Reach: Affordable Beauty Products Set to Take Europe by Storm
Table of Contents
- Key Highlights:
- Introduction
- The Acquisition and Its Implications
- Launching in the U.K.: Strategy and Expectations
- The Role of Social Media and Influencer Marketing
- Competing in the European Beauty Market
- The Product Line: Affordable Luxury
- The Future of MCoBeauty
- FAQ
Key Highlights:
- MCoBeauty, an Australian cosmetics brand, is expanding in Europe after being fully acquired by DBG Group for $1 billion.
- The brand will debut in the U.K. at Superdrug, featuring 240 products priced at £15 or less.
- Known for its viral products and influencer-driven marketing, MCoBeauty aims to capture a significant share of the beauty market.
Introduction
The global beauty industry is witnessing a significant shift towards affordable and accessible products, and at the forefront of this trend is MCoBeauty. Founded in Australia in 2020, the brand quickly gained popularity for its high-quality, budget-friendly beauty dupes. Recently, MCoBeauty has made headlines with its plans to penetrate the European market, specifically launching in the U.K. through a partnership with Superdrug. With a valuation of $1 billion following its acquisition by DBG Group, MCoBeauty is poised to disrupt the beauty landscape across Europe.
The Acquisition and Its Implications
MCoBeauty's journey to international expansion took a pivotal turn earlier this year when DBG Group acquired the brand entirely. Founded by Shelley Sullivan, who also established the premium beauty line ModelCo, MCoBeauty was envisioned as a more affordable alternative, targeting consumers who desire quality without the hefty price tag. The acquisition has positioned MCoBeauty for aggressive growth, particularly as it seeks to establish its foothold in competitive markets.
DBG Group, owned by billionaire Dennis Bastas, previously held a 50% stake in MCoBeauty before acquiring full ownership. This strategic move underscores the growing demand for affordable beauty products, especially in a post-pandemic world where consumers are increasingly budget-conscious. The brand’s ability to scale operations and innovate rapidly—developing over 1,000 products in just five years—demonstrates its commitment to meeting consumer needs.
Launching in the U.K.: Strategy and Expectations
MCoBeauty's U.K. launch is set for July 21, exclusively at Superdrug, a retail chain known for its wide array of health and beauty products. The partnership reflects a mutual alignment in mission and vision; both brands emphasize delivering quality products at accessible prices. MCoBeauty will introduce 240 new products, including color cosmetics, skincare, and body mists, all priced at £15 or less. This pricing strategy positions the brand favorably against established competitors in the U.K. beauty market.
Peter Stocks, MCoBeauty’s European marketing director, expressed confidence in the brand's ability to attract consumers, describing the U.K. market as "sophisticated and savvy." With a history of viral marketing and influencer collaborations, MCoBeauty anticipates a surge in demand, particularly for its best-selling products like the XtendLash Mascara and Grip Primer Base.
The Role of Social Media and Influencer Marketing
One of MCoBeauty's most effective marketing strategies has been its focus on social media and influencer partnerships. The brand has cultivated a robust online presence, boasting over one million followers worldwide. Influencer reviews on platforms like TikTok have propelled the brand into the spotlight, making it the number one cosmetics brand in Australia.
The brand's marketing approach is deeply integrated with social media trends, allowing it to quickly respond to consumer preferences and capitalize on viral moments. For example, the company can take 16 to 20 weeks to bring a product from concept to market, ensuring that its offerings remain relevant and appealing.
Sullivan's background as a former model agent and her experience with ModelCo has equipped her with the insights needed to navigate the beauty industry effectively. Her strategy emphasizes the importance of agility and responsiveness to market trends, allowing MCoBeauty to stay ahead of competitors.
Competing in the European Beauty Market
The European beauty market is characterized by intense competition, with several established brands dominating the landscape. However, MCoBeauty’s goal is clear: to disrupt the top five players in each market it enters and ultimately become a leading brand itself. This ambition is evident in its product development strategy and pricing model, which are designed to appeal to a broad audience.
The brand's rapid growth trajectory is impressive. In 2023, MCoBeauty generated $63 million in sales, a 241% increase from $18.5 million in 2022. Such growth is indicative of the brand's potential to capture significant market share, particularly in Europe, where consumers are increasingly seeking value without compromising quality.
The Product Line: Affordable Luxury
MCoBeauty's product line reflects its commitment to providing high-quality beauty solutions at affordable prices. The brand's offerings include a variety of cosmetics and skincare products, all designed to cater to the needs of budget-conscious consumers. Signature products like the Super Glow Bronzing Drops and the XtendLash Mascara exemplify the brand's focus on creating effective, trendy solutions that resonate with consumers.
By emphasizing "luxury for less," MCoBeauty connects with a demographic that values quality but may not have the budget for premium brands. This approach is particularly appealing to younger consumers who are more inclined to experiment with makeup and skincare.
The Future of MCoBeauty
As MCoBeauty embarks on its European expansion, the brand is at a pivotal moment in its journey. With a strong foundation in influencer marketing, a clear understanding of consumer desires, and a commitment to affordability, MCoBeauty is well-positioned to thrive in the competitive beauty landscape.
The brand's strategy to leverage partnerships with established retailers like Superdrug will enhance its visibility and accessibility. Additionally, MCoBeauty's agility in product development allows it to keep pace with rapidly changing beauty trends, ensuring that it remains top-of-mind for consumers.
FAQ
What is MCoBeauty?
MCoBeauty is an Australian cosmetics brand known for offering high-quality beauty products at affordable prices. It was founded in 2020 and has quickly gained popularity for its effective dupes of higher-end products.
Who owns MCoBeauty?
MCoBeauty was fully acquired by DBG Group in 2025, after previously holding a 50% stake. DBG Group is owned by billionaire Dennis Bastas.
What products does MCoBeauty offer?
MCoBeauty offers a wide range of products, including color cosmetics, skincare, and body mists. Its best-selling products include the XtendLash Mascara and Grip Primer Base.
Where is MCoBeauty launching next?
MCoBeauty is set to launch in the U.K. at Superdrug on July 21, 2025, marking its entry into the European market.
How does MCoBeauty market its products?
MCoBeauty employs a social-first marketing strategy, leveraging influencer partnerships and social media platforms to reach its target audience and create buzz around its products.
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