No, Ipsy does not own Birchbox. They are separate competitors in the beauty subscription market. Ipsy is privately held by investors, while Birchbox is owned by e-commerce giant Thrasio. Learn the key differences.
Is Birchbox defunct? Yes, for most US consumers. Learn why the iconic beauty box shut down, what happened to the brand, and the best alternatives like Ipsy and BoxyCharm in 2026.