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5 Feb

Is it ethical to continue buying beauty dupes in

Is it ethical to continue buying beauty dupes in
Beauty dupes have long existed in the cosmetic industry. For every well-known and loved product, there’s a cheaper alternative offered for budget-conscious shoppers. While dupe is often used with connotations of deception, in the beauty sphere, it’s celebrated as a cost-saving option for customers. Platforms such as Dupethat, which reviews and swatches affordable dupes to its 1.2m followers, and Temptalia, which describes itself as a global reference and resource for beauty enthusiasts appear to cement our appetite for them. But are they ethical, and more importantly, are they legal? In August this year, Charlotte Tilbury won a lawsuit against Aldi, as a high court judge deemed “substantial” similarities between Tilbury’s copyrighted packaging on her Filmstar Bronze and Glow palette (£69) and Aldi’s...
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14 Nov

Makeup and Skin Care Sales Proceed to Soar in

Makeup and Skin Care Sales Proceed to Soar in
Beauty industry sales remain buoyant, however the drivers of its growth are evolving. In line with Circana, prestige beauty dollar sales grew 14 percent this yr through September; and mass market dollar sales grew 8 percent through the same period. Unit sales continued to rise across all prestige categories, while mass unit sales were down 2 percent and three percent in hair care and fragrance, respectively, though average price increases propped up revenue growth within the categories. Cosmetics and skincare, nonetheless, “are healthy categories in each mass and prestige,” said Larissa Jensen, senior vice chairman, global beauty industry adviser at Circana. Makeup maintained its position because the fastest-growing category inside prestige by revenue growth, posting $7.1 billion in sales year-to-date, up...
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3 Sep

How Wearable Wellness Will Proceed to Evolve – WWD

How Wearable Wellness Will Proceed to Evolve – WWD
Rings, watches, bands, oh my! Wearable devices that track wellness data proceed to achieve traction — Oura is valued at $2.55 billion, in keeping with the corporate; 50 million consumers used an Apple Watch in November 2022, in keeping with a Pymnts report, and a recent ring, Evie from Movano Health, is ready to launch this fall. McKinsey cites wearables as a key area throughout the wellness category, estimating it to be a $10 billion to $15 billion market within the U.S. and growing in double digits year-over-year, with a 40 to 50 percent penetration rate. Consumer adoption continues to extend, likely as a consequence of post-pandemic wellness trends, experts say. “Consumers couldn't go to the doctor or the hospital...
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2 Sep

Fast Facial Bars Proceed to Grow – WWD

Fast Facial Bars Proceed to Grow – WWD
The expansion of fast facial bars isn’t expected to decelerate any time soon.  Over the past 12 months, the fast facial market has gained traction with consumers and investors alike. In January, Glowbar, known for its 30-minute $65 facials, closed a $10 million series A round. Last December, Heyday received $12 million in series B extension following a $20 million investment two years before. And while Silver Mirror has been self-funded thus far, the model is expanding with plans to shut the 12 months with 10 total locations, doubling down on Latest York and Miami.  The expansion of this market directly reflects consumer interest in wellness services — in line with a 2022 report from McKinsey, 45 percent of consumers intend to...
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