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March 2024

11 Mar

Miranda Kerr Looks to Make Kora the ‘Estée Lauder

by Beautifaire101
Beauty, Featured
Since launching Kora Organics in 2009, Miranda Kerr hasn’t “taken a cent out of the corporate,” she said. “I put all of it back in, regardless that we’re profitable and I could possibly be writing myself a check, I don’t,” continued the Australian model and chief executive officer. She owns 95 percent of the business alongside a 5 percent silent investor. “I put it back in in order that I can grow the team and invest more in, you understand, more products.” That team is now at 58, with 28 employees within the U.S. and 30 in Australia. Kerr manages the business from Los Angeles, where the mom of three lives with husband Evan Spiegel, Snapchat’s billionaire CEO. “Our consumers have been asking...
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11 Mar

China’s Beauty Market Reconfigures in Post-Pandemic World

by Beautifaire101
Beauty, Featured
LONDON — While the world continues to be disrupted by the virus, China has been largely COVID-19 free for nearly a 12 months. With global traveling a no-go, and mask-wearing here to remain, the nation’s beauty market has adjusted to this recent reality with major developments in sales-driven online initiatives, clean and cruelty-free beauty, domestic duty-free shopping and area of interest brand acquisitions. “Due to the wearing of masks, the demand for clean beauty has grown, and the necessity for facial cleansing and maintenance has also increased,” said Mao Geping, considered one of China’s most celebrated makeup artists. Throughout the pandemic, like many others, he began to work with influencers and vloggers to share makeup skills or promote his label via livestreaming....
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