Evolus Redefines Medical Aesthetics Industry

29 May

David Moatazedi, president and chief executive officer of Evolus, spoke with Jenny B. High quality, editor in chief of Beauty Inc., to debate medical aesthetics. The category is recent to the WWD Beauty Inc. CEO Summit — as High quality nodded to the evolution and widening of the sweetness industry. Moatazedi, who held multiple leadership positions within the medical aesthetics space, noted the rise and transformation of medical aesthetics — particularly neurotoxins — within the last 20 years. “This category has transformed — especially over the past five years — where this younger generation of Millennials or younger views it very in another way than their parents,” Moatazedi said. “The older generation was introduced to medical aesthetics through a conventional medical doctor route.” Notably, there are greater than 30,000 medical...

0 Comments

6 Apr

Cosmetica Italia Assesses COVID-19 Impact on Italian Beauty Industry

by Beautifaire101

Beauty, Featured

MILAN — “Numbers are usually not comforting us but luckily our performance was barely higher than we expected. That is the moment to react, even when it would take us longer than we thought to return to [pre-pandemic] performances,” said Renato Ancorotti, president of the Italian association of beauty corporations Cosmetica Italia during a webinar on Wednesday. In the course of the event, the organization released preliminary data on the industry’s performance in 2020. Last 12 months, total sales of Italian cosmetics corporations were down 12.8 percent to 10.47 billion euros in comparison with 2019. Exports — a key driver for the national beauty industry — decreased 16.5 percent to 4.1 billion euros. Italian supply corporations were those most affected by the contraction...

0 Comments

30 Jan

Chanel Initiates Beauty Industry Consortium Specializing in Traceability

by Beautifaire101

Beauty, Featured

PARIS — A consortium of 15 cosmetics-makers, called the Traceability Alliance for Sustainable Cosmetics, or TRASCE, has been formed to reinforce the wonder industry’s traceability. The group was initiated by Chanel and federates Albéa, Groupe Clarins, Cosfibel powered by GPA Global, Dior, the Estée Lauder Cos., L’Occitane en Provence, L’Oréal, Merck, Neyret, Nuxe, Pochet Group, Sensient, Shiseido and Sisley. The Fédération des Entreprises de la Beauté is an official sponsor of TRASCE. The alliance comes together following recent health, climactic and geopolitical events, which have caused supply-chain disruptions. Further, regulations at home and abroad have gotten stricter. “In light of this, it has turn out to be essential to raised understand the sector’s supply chains, mitigate the associated risks and support their transition towards a...

0 Comments

30 Jan

Why CEO Changes Are Rife in Today’s Beauty Industry

by Beautifaire101

Beauty, Featured

PARIS — Call it the wonder CEO shuffle. Because the start of this yr especially, a plethora of top-level executive changes have taken place. L’Occitane Group, Avon Products Inc., Biologique Recherche, L:a Bruket, Susanne Kaufmann, Fresh and Orveon are among the many cavalcade of corporations — of all kinds: small to large, public to non-public, in every product category — to call recent chief executive officers. Olaplex, Amika, Avon Products Inc., Beautycounter, Eighth Day, Fresh, Orveon, Harklinikken and Fekkai are amongst others to have recent C-suite recruits, too. A confluence of phenomena led up to those appointments. “Beauty is an incredibly dynamic category, and with the scope of change that corporations and types must sustain with, sometimes shifts in leadership might help support brands as they evolve to align with that,”...

0 Comments