Malin + Goetz Cofounders Talk 20 Years of Business

26 Apr

20 years in and still fresh as ever. When partners in business and life, Matthew Malin and Andrew Goetz, launched Malin + Goetz in 2004, it was with $150,000 of non-public savings and a single door, an internet site within the nascent days of the web and now-defunct Barneys Latest York as its retailer. Between the appearance of digital sales and the golden age of beauty specialty retail, the market dynamics have shifted dramatically. But what’s kept Malin + Goetz on the expansion path is doubling down on its value proposition as a design-led, no-nonsense brand focused on fewer, simpler products — marketed to each end of the gender spectrum. In its 20-year history, those tenets have led it to broaden its footprint...

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17 Apr

Latest Business Models Cause Industry-wide Shift

by Beautifaire101

Beauty, Featured

There may be barely time for planning at nine-month-old fast-beauty start-up Be for Beauty. The business, which has already attracted major backing from Unilever Ventures (sources said it owns 25 percent), is plotting to launch 25 brands over the subsequent three years. Some, like Base, Bod and Hax, have reached the market. But most aren’t even conceptualized yet. And that’s the purpose — for the corporate to be so fast, and so forth trend, they couldn’t possibly plan what they’re doing very far upfront. The concept is about greater than speed — it marries fast beauty with masstige, and goals to quickly bring quality, inexpensive, on-trend products to market. Be isn’t the primary to do this — E.l.f. Cosmetics launched with an...

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22 Mar

The Growth and Business of Lashes and Brows

by Beautifaire101

Beauty, Featured

Within the age of COVID-19, face masks have made eyes — and brows — the main focus. “Without delay, the eyes are the thing that's charming everybody’s look,” said Yasmin Maya, generally known as BeautyyBird to her greater than 1 million YouTube subscribers. “Everyone desires to have their eyes looking beautiful or having them stand out.” When the sweetness vlogger decided to begin her own brand, launching with false lashes was a no brainer, she said. “Lashes is what does it for everyone right away,” she continued. “Even should you were to go on a date, I mean, you continue to need to wear your mask, so how will you be flirty and be seductive and all that? It’s just type of having...

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2 Mar

Coty to Stop Business in Russia

by Beautifaire101

Beauty, Featured

Coty Inc. will wind down operations in Russia, which make up barely greater than 3 percent of the whole business, the corporate said Wednesday. “After careful consideration, including evaluation of relevant U.S., U.K. and other applicable regulation, Coty has decided to wind down its Russian operations starting immediately,” the corporate said in an announcement. Coty’s move to stop operations in Russia comes nearly two months after many big beauty and consumer products corporations, including Coty, halted industrial activity there, as a result of Russian president Vladimir Putin’s continuing attack on Ukraine. Coty is the tenth largest beauty manufacturer on the planet, in accordance with the Beauty Inc Top 100. The corporate posted $5 billion in sales for calendar 2021 — 3 percent of...

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