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29 May

Pfizer’s Dr. Albert Bourla on Leadership, Agility in Crisis

Pfizer’s Dr. Albert Bourla on Leadership, Agility in Crisis
After overseeing the event of a coronavirus vaccine in record time, Dr. Albert Bourla, chairman and chief executive officer of Pfizer Inc., isn't any stranger to driving progress at lightning speed. On the 2023 WWD Beauty CEO Summit, in conversation with Jenny B. Nice, executive editor, beauty, WWD and Beauty Inc, Bourla recounted the vaccine creation process through the early days of the COVID-19 pandemic, in addition to the changes it caused at Pfizer. “What makes differences within the culture are the unwritten rules. It's the mindset that individuals are having in the meanwhile,” Bourla said. “Once I took over the corporate, it was in very good condition, my predecessors had done a implausible job. My transformation was to position the corporate...
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18 May

Consumers Battling Cost of Living Crisis Are Selecting Affordability

Consumers Battling Cost of Living Crisis Are Selecting Affordability
Affordability is the leading concern for 35 percent of worldwide consumers today, in response to latest survey data from EY, increasing by 10 percent since October 2022. EY’s Future Consumer Index surveyed greater than 21,000 consumers across 27 countries to know consumer sentiment and behaviors with 94 percent reporting that rising living costs are a priority. The priority is presented in shifts in purchasing habits and lots of say they're losing trust in retail and consumer product corporations. A majority of consumers, 92 percent, said they're concerned with their country’s economy and 39 percent said they expect their country’s economy to worsen over the following six months. As they shop, 79 percent of respondents said they feel food prices have increased during...
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8 Apr

Beauty gap: how the fee of living crisis is

Beauty gap: how the fee of living crisis is
As we re-evaluate our spending and type our purchases into needs and desires, beauty can feel hard to position “I’ve stopped getting acrylics, sunbeds and haircuts. I used to get my nails done every month, and get balayage done. Now I’m giving myself haircuts and doing my very own nails because there’s just no way I can afford it anymore,” says 24-year-old communications consultant Siobhan Fitzsimons. “It’s heartbreaking to be working so hard and in real terms to be earning less money than I did after I first left uni. I’m living in my overdraft, and after I’ve been paid I feel ‘oh I’ll treat myself and get nails done’ after which I...
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15 Jan

Beauty gap: how the associated fee of living crisis

Beauty gap: how the fee of living crisis is
As we re-evaluate our spending and type our purchases into needs and needs, beauty can feel hard to position “I’ve stopped getting acrylics, sunbeds and haircuts. I used to get my nails done every month, and get balayage done. Now I’m giving myself haircuts and doing my very own nails because there’s just no way I can afford it anymore,” says 24-year-old communications consultant Siobhan Fitzsimons. “It’s heartbreaking to be working so hard and in real terms to be earning less money than I did after I first left uni. I’m living in my overdraft, and after I’ve been paid I feel ‘oh I’ll treat myself and get nails done’ after which I...
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