Laani and Boldpurity Are Among This Year’s Estée Lauder, Nykaa Beauty&You Winners
The programme, now in its fifth year, reflect the US beauty giant’s commitment to the Indian market.
Beauty
Analysis and advice on the fast-evolving beauty business.
For Beauty’s Biggest Players, Science Is Back in Style
L’Oréal, Coty and other beauty companies are betting on skin care lines with technical-sounding names and lab-concocted ingredients to help them pull out of a pandemic slump.
#BoFLIVE: How to Sell Skin Care at Every Price
Join us on Wednesday, February 17 at 16:00 GMT for #BoFLIVE, exclusively for BoF Professional members, to hear BoF’s Lauren Sherman and Chantal Fernandez, as well as Augustinus Bader’s Charles Rosier, CeraVe’s John Reed and Holistic Beauty Group’s Robyn Watkins, discuss how brands can stand out by rethinking the beauty playbook.
How India’s Nykaa Aims to Beat Sephora
The Indian beauty unicorn is preparing for an IPO that could see it reach a valuation of $3 billion thanks to persuasive digital marketing and a hyper-local merchandise mix.
Case Study | How to Sell Skin Care at Every Price
BoF examines how two skin care brands at opposite ends of the pricing spectrum, the French and German luxury label Augustinus Bader and drugstore staple CeraVe, stood out in the growing global cosmetics market by rethinking the beauty playbook.
How to Build Customer Loyalty: A Guide for Beauty Brands
When another makeup palette is always just a click away, convincing shoppers to stay devoted to a brand is tougher than ever. Here’s how to keep them coming back again and again.
Does Every Makeup Brand Need a Skin Care Line?
Morphe, Huda Beauty and other colour cosmetics lines are investing heavily in skin care, but successfully making the leap from one category to the other requires finesse.
Beauty’s Never-Ending Product Launch Cycle
Brands are betting that constant newness will drive sales, with some planning to double the number of releases this year. Is there a limit to how many products consumers are willing to try?
Fewer Guards, More Black Brands: Sephora’s Plan To Win Back Shoppers
The announcement comes after shoppers of colour alleged racial bias in stores and a lack of products that cater to their needs.
How Long Can the Kardashian Empire Reign?
Their reality television series has ended, they’ve cashed out on several of their major ventures and one of their most strategic personal associations appears to be ending. One of the world’s most-watched families is on the precipice of reinvention once again.
Beauty Will Make a Quick Comeback, But the Market Will Have Changed
The global beauty market is set to surpass 2019 sales levels in 2021, once again proving that it is more resilient than fashion, which is not expected to recover until 2022 at the earliest. But, like fashion, the beauty market that returns will be different across regions, categories and channels.
What Beauty Brands Need to Do to Address Their Packaging Problem
A growing number of consumers want beauty products minus the plastic packaging. Greener options are expensive — but some viable options are emerging.
How Fragrances Became the ‘Unexpected Star’ of the Pandemic
There’s no online replacement for walking into a store and smelling a fragrance sample. But brands are finding ways to sidestep this dilemma, sending US fragrance sales soaring after a rocky start to the year.
THE NEWS IN BRIEF
Douglas Group Names New CEO
Jean-Marc Bellaiche will succeed outgoing Sander van der Laan as chief executive of the German beauty retailer.
Galderma to Acquire ZO Skin Health for $1.5 Billion
The Swiss firm agreed to purchase the medical-grade skincare company from private equity firm Blackstone and the founding Obagi family to expand its US portfolio.
Givaudan Sales Beat Expectations on Fine Fragrance Strength
A surge in sales of scents for luxury perfumes and a continued recovery in flavours drove the Swiss firm’s organic sales growth clearly beyond market expectations in the third quarter, lifting its shares on Tuesday.
Isamaya Ffrench Has Departed Namesake Brand
The makeup artist has not been involved with Isamaya Beauty for over a year, sources told The Business of Beauty.
Boots Acquired by Canada’s Weston Family for $8.9 Billion
The Westons agreed on Wednesday to buy the UK's Boots from Sycamore Partners and the Pessina family, pledging to invest in the retailer's stores and online and expand healthcare services.
Report: L’Oréal Explores Unloading Chemical-Related Liabilities
The French company has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday.
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.