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Transitioning one of Australias leading beauty retailers from a pureplay e-commerce operation to a truly entrenched omnichannel business has been a really positive experience, Sacha Laing, Adore Beauty CEO, told Inside Retail. Adore Beautys educational value proposition has also been translated in-store through its beauty experts.
The beauty industry is arguably one of the most difficult, yet lucrative, sectors in the broader retail industry, thanks to the constantly influx of newer brands onto the market and shifting consumer concerns. Keating warned that beauty executives must remain agile to keep up in this increasingly competitive market.
As global CMO of the popular Australian beauty brand Go-To Skincare, Faddy compares her leadership approach to conducting an orchestra and believes it’s important to ‘manage up’ and know what’s important to the board members and CEO. IR : What drew you to the beauty and skincare industry, and what excites you most about working in this space?
How did the award-winning beauty brand Pat McGrath Labs go from a US$1 billion valuation in 2018 to a measly fraction of that figure just seven years later? The initial run of 1000 units sold out in just six minutes on Pat McGrath Labs website, which helped the brand garner attention from major investment firms and beauty retailers alike.
Last month, Australian luxury skincare brand Rationale launched its first two international boutiques in Singapore, under the wing of South Korean beauty giant Amorepacific, which invested in the company in 2020. The complete focus from Richard has always been on optimal skin health.
The menstrual care market has long been dominated by major global manufacturers. Other categories, like beauty, had started to become an extension of our identities or something proudly displayed in our medicine cabinets, but the period care category was still lacking. Inside Retail : How did the concept for the brand come about?
Armed with fresh knowledge of the beauty industry, he quit the role in 2014 and created his first business, a tiny design agency that created floral designs for corporate clients, specialising in events and gifts. Scents were at the top of my mind because for four years, every morning, I used to get up very early to go to the flower market.
In these two roles that spanned almost a decade, I honed my skill sets in leading brand strategy and marketing/e-commerce efforts for some of the biggest fashion retailers in the world. While building Barrire I relied heavily on my prior professional experiences and applied my existing skills just in new ways and from a different perspective.
“I have an obsession with going into outdated boring categories and making them beautiful and perform better,” Georgia Geminder, founder of Gem, told Inside Retail. Similarly, Vitality Brands’ Epzen ventured further into the body care market this month with the release of a body serum and body butter to complement its bath salt offering.
Restrictions during lockdown periods have resulted in at-home beauty alternatives and an increased focus on self-care. The new normal has led to new beauty regimes and habits, represented in the dynamic of growth and decline of the segments. Channel shift in beauty categories. Beauty in the new normal.
When employers opt for ergonomic chairs, they are investing in their employee’s health, safety and, ultimately, productivity. Good work starts with the right chair From Pagos perspective, businesses should view ergonomic chairs as an essential tool, rather than just a piece of furniture. With nearly 2.5
To say that Vivian Weng is a colourful player in the global beauty industry would be an understatement. Inside Retail connected with the beauty executive to learn more about her path to joining ColourPop and her thoughts on the current state of beauty retail. What is it about beauty that has captivated you for so long?
As a beauty industry veteran with over 20 years of experience, Liu knows what works for the mainstream beautymarket. In 2019, Liu launched Tower 28, a brand of clean skincare and colour cosmetics stocked in major retailers like Sephora and Credo Beauty in the US and recently Mecca in Australia. Tower 28’s mission.
The Australian beauty brand known for its eyeliner products, The Quick Flick, has expanded its reach into Asia with Singapore as its first destination, tapping into the city state’s US$1.13 billion beautymarket. The Quick Flick’s products are being distributed in partnership with local beauty e-commerce platform Powella.
High end beauty, fashion and lifestyle brands have been some of the slowest categories to really embrace the use of mature models for genuine marketing purposes (not just for a quick PR stunt). Beauty faces up to ageing. And with Australia’s burgeoning beautymarket expected to grow at a compound annual growth rate of 3.87
Beauty retail giant Mecca has entered the world of podcasting today with the launch of Mecca Talks, which aims to shine a light on its team members and in-house experts. We’re really leaning on the talent and the authenticity of our store team members and platforming it in our podcast,” said chief marketing officer Kate Blythe.
“We have a fully functional lab here that we’ve actually just expanded – we’ve spent close to $11 million on research and development in the last few years to make our products the best in the market,” Gaggino said. The beauty boom finally reaches oral care. The beauty boom finally reaches oral care.
Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. What is Marketing Mix Modelling anyway? Put simply, MMM is a statistical analysis of sales and marketing data that helps measure the effectiveness of marketing tactics.
With almost 30 years of experience in one of the biggest and most rapidly evolving retail sectors, Piyush Jain, chief executive officer of the beauty incubator Maesa, understands the cosmetics and fragrance industry on a deeper level than most. Inside Retail : You have been in the beauty and fragrance industry for over 26 years.
The global market for Black haircare products was estimated at around $9.56 per cent, according to market research firm MarketResearch.biz. per cent of total beauty industry ventures. This is where Nicole Clay, one of the co-founders of Hue, a US-based video marketing platform, is working the change the system.
Beauty and burgers collide in a new partnership between Estée Lauder and food delivery platform Uber Eats. The partnership heralds a new chapter of rapid beauty delivery, with couriers connecting retailers to consumers in the time it would take to whip up fries – and for the same price. and $5, according to Business of Fashion.
Australian-founded health and wellness brand Kic has launched a Kic Concierge service which includes a hotline and quiz and optimises the customer experience journey and product offering with application programming interface (API) technology.
Brett Blundys return to the lingerie and sleepwear market is being closely tracked by retail industry insiders and outsiders alike. Earlier this month, Inside Retail reported that Brett Blundys BBRC new global lingerie, sleepwear and beauty brand is to be named Lays. But it will require a highly defined aesthetic and brand DNA.
From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. billion after the share market closed on June 7. per share, which equated to approximately $1.8
Last week, Adore Beauty co-founder Kate Morris and former Quadrant Growth Fund managing partner Justin Ryan announced their new venture: Glow Capital Partners. In the end, it became obvious that there was a really big gap for proper growth equity because there’s really not a lot in the Australian private equity market.
From a timing perspective, the project commenced on May 31 last year and went live in December, with additional components landing in February for the official store opening on March 6. “I Most of the concepts brought to life in-store received input from category management, marketing, customer insights and operational teams.
It’s no secret that self-care has been having a major moment in the skincare sector in recent years, but what about the market for intimate care products? French-founded beauty and cosmetics company, Kiehl’s, which was acquired by beauty conglomerate L’Oréal in 2000, is making a big bet on this market with its latest product launch.
According to Persistence Market Research, tinned fish market revenue was estimated at US$9.5 From an outside perspective, it may be hard to conceive an entire store dedicated to tinned fish products, from sardines to octopus. billion in 2022, but it is expected to nearly double over the next decade to reach US$17.2
June 2020 marked a major turning point for some of the world’s biggest beauty brands. After years of growing criticism about the sale of skin-whitening products in Asia and overt advertising campaigns equating lighter skin with greater beauty and desirability, global companies finally started to change their offerings. A dark history.
Influencer marketing has become a powerful tool for brands in recent years, growing to an estimated value of US$13.8 billion in 2020, according to Influencer Marketing Hub’s 2021 Benchmark Report. billion this year, up from US$9.7 A new law recently passed in Norway aims to address this issue.
Globally, the UPF (ultraviolet protection factor) apparel market is set to reach US$1.4 The market is driven by growing skin cancer awareness, according to recent RationalStat industry analysis. billion by 2030 with a strong CAGR exceeding 7.7 In 2023, the industry had a suggested value of US$861.6 We’ve got no debt,” said Young.
The use of videos as part of a retail marketing strategy is a tried and tested method to catch consumers’ attention and drive sales. The Chinese retail market is leading in the livestreaming trend. Beyond higher attendance rates, the brand is also seeing benefits from a time, resource and cost perspective. Platform for advice.
FWRD offers a highly curated collection of iconic and emerging luxury brands, while Revolve similarly offers a curated assortment of premium apparel, accessories and beauty products at a lower price point. Kai Li: If we go back in time, a decade ago, the majority of how we [would] identify brands [was by sending] buyers into the market.
Pharmacy had really been an old-school industry where there was a lot of faxing and paper-based prescriptions, whereas telehealth and e-health really ramped up during that time. There are long waitlists to get into their GPs to get a mental health plan. The next one is more of a dominant beauty offering, like Priceline for example.
CBD vapes have emerged as a leading cultural wave, gaining wide acceptance and epitomizing a significant shift in public opinion on issues related to health and lifestyle. The beauty of CBD vapes is that they are adaptable and available to everyone. Also, with improved laws and regulations, the market has greater trust.
This conflicting situation is a result of many environmental factors influencing the health of proximity retailing: the brand/the business, the commercial environment, the competitive environment, and the consumer. Some of the most common challenges include limited resources, footfall and finding the right marketing mix formula.
We’ve had some global challenges in the last few years, which have been particularly testing from an operational perspective. This really resonated with British consumers, and as a result, the UK became our fastest-growing market over the last few years. IR : What are some of your career highlights so far?
Katelin Gregg is the co-founder and director of Fayshell , a disruptor in the beauty industry that offers a bespoke boutique gym experience for your skin, without the taboo associated with in-clinic treatments and unnecessary mark-up of take-home retail. I think of it now as a research period for us, because we saw both sides of the market.
The market is in general very results based and they are after instantaneous results, even if it’s just short-term,” he explained. So as much as we hope to have a bigger market, Remedy still is very much a niche brand,” he added. One should not solely think of the financial gains, but also look at the personal and social perspective.
Last week, Frostbland, the distributor behind beauty, health and haircare brands including Lanolips and Bondi Boost, announced its acquisition of Alya Skin. And that’s all still relevant today, but what’s changed is that we now have an understanding of what it could add to our business from a digital perspective.
Here, we chat with Dolan about the development process behind her products, the business’ future plans and the rise in female entrepreneurs aiming to break the silence around women’s health. More women are launching their own businesses that aim to normalise traditionally taboo female health issues. Why did you decide to launch Noonie?
The menstrual care market has long been dominated by major global manufacturers. Other categories, like beauty, had started to become an extension of our identities or something proudly displayed in our medicine cabinets, but the period care category was still lacking. Inside Retail : How did the concept for the brand come about?
Anurag Kedia (L) is the co-founder of Pilgrim, a direct-to-consumer online beauty brand that has taken the Indian market by storm. Anurag Kedia: I have been an entrepreneur in the beauty and wellness space for more than 15 years now. This gave me first-hand experience in understanding haircare issues.
Here, Kristy Chong, founder and CEO at Modibodi, shares the highs and lows of a challenging year and the importance of normalising conversations around women’s health. The raw images in the gallery provide a richer perspective on this intense and exhilarating new stage of life. IR: What has the response been to the activewear offer?
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