TikTok Shop Is the New “It” Beauty Destination
Here’s a social commerce juggernaut question: How did TikTok Shop win beauty in just a few short years? Watch out, Clinique and Lancôme.
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Why L’Oréal Took on Kering for Gucci
While Kering revels in debt reduction and the ability to focus solely on fashion, jewelry, leather goods and eyewear without the distraction of beauty, L’Oréal’s cosmetics-only portfolio is reaching gargantuan proportions.
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Big Beauty Bets: Louis Vuitton and Old Navy
We should not normalize these LV prices. Whether we can afford it or not, it’s makeup. It’s not a bag that lasts for decades. We put it on, wash it off, and then it expires. Hermès doesn’t even charge this much. Absolutely insane.
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Dove Takes an Anti-AI Oath
In its new ad campaign, “The Code,” Dove explores the explosive impact of AI in shaping perception and estimates that up to a whopping 90 percent of the content consumers currently engage with is generated by AI. And with AI-generated imagery in particular, the depiction of beauty is obviously skewed toward an unobtainable level of perfection. Dove is renewing its vow to champion real beauty, with a commitment to never use AI to create or distort women’s images.
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Ulta Beauty Scales Internationally with Space NK
Space NK is still growing at pace. Last year, its earnings increased 34 percent to $265 million, powered by growth in its under-25 consumer cohort, the retailer’s fastest-growing demographic. Even with the return of Sephora in the U.K., and the growth of Boots, the domestic Walgreens-owned chain, which has also pivoted hard into beauty, Space NK has retained customers with its loyalty program and differentiated offer.
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Leonard Lauder, Requiem for a Gentleman
People who dealt with Lauder day-in and day-out give testament to the fact that his old school, respect-based management style is a true rarity. There are some who met Leonard Lauder only on a single occasion but their memories help flesh out the bigger picture of this once-in-a-lifetime guy.
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