Social

harrys.com

Instagram: @harrys

Twitter: @harrys

Snapshot

Total funding: $474 million

Revenue: $600 million

Valued: $750 million

Direct Competitors: Dollar Shave Club, ShaveMOB, and The Gillette Company.

Dollar Shave Club, ShaveMOB, and The Gillette Company.

Harry’s originated as a subscription service offering razors and personal care products for men online. In 2014, it purchased its factory in Germany for a reported $100 million to gain control over its manufacturing process. Facing rising acquisition costs, it moved into wholesale, starting with Target and Walmart. After the FTC sued Edgewater Personal Care to block its acquisition of Harry’s, Edgewater Personal Care abandoned its plan to acquire the digitally native brand. Harry’s will now need to determine how it can continue to grow without the legacy conglomerate’s expansive reach and deep pockets.

2020

  • The Federal Trade Commission sues Edgewater Personal Care to block the $1.4 billion deal. Edgewater decides to no longer acquire Harry’s.

2019

  • Schick’s parent company Edgewater Personal Care purchases Harry’s for $1.4 billion.

2018

  • Harry’s raises $112 million in Series D funding. 
  • The “Corner Shop” closes
  • Harry’s introduces a women’s skincare brand, Flamingo.

 

  • Harry’s is available for sale at Madewell’s Men’s Shop.
  • Harry’s enters Walmart stores nationwide.

 

2017

  • Harry’s is available at Target stores nationwide. 
  • Harry’s enters the UK.
  • Sells over five million blade handles since its launch in 2013—with sales growing 100% from 2016. 

2015

  • Receives Series C funding of $75.6 million.

2014

  • Harry’s  becomes Feintechnik factory’s new owners for $100 million.

2013

  • Opens the “Corner Shop” a branded barber shop in Soho neighborhood of New York City.
  • Andy Katz-Mayfield and Jeff Raider launch Harry’s.
  • Raises $4 million in seed money from Thrive Capital.