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Beauty industry news, analysis, and trends covering brands, retail, skincare, cosmetics, fragrance, and consumer demand.
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The beauty industry has significantly evolved in recent years, with social media platforms assuming a pivotal role in shaping consumer behaviors and preferences. As of 2024, the latest Statista trends in beauty shopping on social media reveal fascinating insights into…
Beautycounter’s journey with Ulta Beauty has experienced significant twists and turns. Initially, Beautycounter expected a promising expansion when it announced a partnership with Ulta Beauty on February 22, 2023, marking the 10th anniversary of Beautycounter’s pioneering role in the clean…
California-based private equity firm West Lane Capital Partners has been actively expanding its beauty portfolio with notable acquisitions in the past few years. Most recently, on July 10, West Lane Capital Partners announced the acquisition of Beauty Bakerie, a dessert-themed…
The leading beauty shopping destinations among Gen Z in the United States showed clear preferences for Sephora, with approximately 37 percent of US female Gen Z shoppers favoring this retailer. Following closely behind was Ulta Beauty, capturing 32 percent of…
The American beauty market is valued at nearly 98 billion US dollars in 2023 and epitomizes robust demand and evolving purchasing habits. The average household’s annual expenditure on cosmetics, perfumes, and bath preparations reached an unprecedented 211.8 U.S. dollars in…
Founded by supermodel and inclusive beauty activist Winnie Harlow, Cay Skin has launched on QVC. The line is formulated with a custom blend of gentle island-based ingredients and high-performance skincare actives. Each product is silicone-free, vegan, cruelty-free, reef-friendly, and dermatologist-tested,…
The year 2024 has showcased major players strategically expanding their portfolios and niche brands, gaining new footprints under influential owners. These M&A deals, from skincare and haircare to makeup and fragrance, reflect a bustling landscape driven by innovation, market positioning,…
Are you ready to elevate your beauty brand to new heights? Beauty accelerator programs can provide the invaluable support and resources needed to help you scale your business. Below, we highlight some of the most renowned beauty retail accelerator programs…
In the fast-paced world of celebrity brands, Kylie Cosmetics’ launch into Target was supposed to be an exciting foray into a major retailer. However it has quickly turned into a masterclass in how not to roll out a product launch.…
Pretty Smart is a newly launched beauty brand that debuted exclusively at Walmart. It is a subsidiary of Renfield Manufacturing, a family-owned business founded by beauty industry veteran Marissa Shipman. Pretty Smart aims to bridge the gap between luxury and affordability…
French luxury makeup and skincare brand Clarins has announced its decision to withdraw from Hudson’s Bay stores across Canada. This development, confirmed on May 23, 2024 by CTV News, marks the end of a longstanding partnership between the two companies.…