Investments

The funding will help Hearst go global.

The direct-to-consumer stalwart plans to use this cash to grow its brick-and-mortar presence.

The e-commerce platform also garnered new shareholders, including leading investment company Eurazeo.

Eight years after its launch, Carly Cushnie and Michelle Ochs are taking their New York label to the next level.

The deal, which sees Paltrow taking on the role of creative director for makeup, is a step forward in Goop's business evolution.