Facebook/ThirdLove
- ThirdLove is an online bra startup that launched in 2013.
- It is known for challenging longtime market leaders such as Victoria's Secret by offering more inclusive marketing and extended sizes.
- In the past year, ThirdLove has become more public about its quest to shake up the lingerie industry.
- The company recently announced that it raised $55 million in a round of funding led by consumer-focused private-equity firm L Catterton. The CEOs of 23andMe and YouTube were among the other investors.
- ThirdLove's cofounder and co-CEO, Heidi Zak, was named one of Business Insider's 100 people transforming business in 2019.
- Visit Business Insider's homepage for more stories.
Heidi Zak was in her early 30s when she cofounded online bra startup ThirdLove with her husband, David Spector. The couple was driven by what they saw as a lack of innovation in the underwear market - specifically, that bras were hard to shop for online. They were determined to find a way around this.
"No one wants to go bra shopping," Zak told Business Insider in a recent interview. "I started the company so a woman wouldn't have to go to the store."
To do so, the company launched an online quiz, known as a "fit finder," where customers are asked to complete a series of questions to determine their ideal bra shape. To date, more than 12 million women have taken the quiz; each time a customer does, the algorithm becomes that much smarter.
"The more women that do it, the more patterns we see," Zak said.
"Technology is improving, everything is evolving. My focus is on digital and continuing to build on it for this category."
Hollis Johnson
ThirdLove is built around being body-inclusive
ThirdLove has lit up the internet in recent months as it challenges longtime market leaders such as Victoria's Secret with more inclusive marketing.
In its most recent campaign, ThirdLove used 78 different "real" women to demonstrate the breadth of its sizing. Each of these women was wearing a different size in the same style.
Courtesy of ThirdLove
ThirdLove's crusade against longtime industry norms came to a head in November, when Zak and Spector decided to take out a full-page ad in The New York Times slamming Victoria's Secret.
The chief marketing officer of Victoria's Secret's parent company had recently made controversial comments about transgender models during an interview with Vogue. CMO Ed Razek said in the interview that he didn't think the company's annual fashion show should feature "transsexuals" because "the show is a fantasy." He also said that the brand would not be adding larger sizes to its assortment and that it had no plans to feature plus-size models in its runway show.
Read more: ThirdLove founder reveals why the company took out a full-age ad slamming rival Victoria's Secret
Zak told Business Insider that she read the Vogue article dozens of times.
"It made us so angry," she said, adding that it was Spector - also cofounder and co-CEO of the brand - who decided that the company needed to respond.
"We debated it, and we spent a lot of time writing it, but it was absolutely the right move," she said. "We felt that we needed to make sure that not just the ThirdLove voice was heard, but that it was a rallying call to all women."
Zak said that inclusivity can't only go as far as brand marketing, however, and that it has to be reflected in the sizes on offer. This has lately been one of the biggest battles in the lingerie market as many of the leading players have not offered plus sizes.
Earlier this year, the company launched eight new sizes, which brought its assortment to 78 bra sizes in total, with bands ranging from 30" to 48" and cups going from AA to I. For comparison, Victoria's Secret offers 30AA to 40DDD. American Eagle's Aerie offers from 30A to 40DD.
"That level of size range allows us to reach so many more women than a traditional brand that maybe has between 30 and 35 sizes," Zak said. "You can talk about inclusivity all you want, but if you don't have those sizes, then you are not really delivering on that."