Industry – Page 8 – Beautifaire

4 Jun

Marsai Martin on Shoes, Beauty Industry & Wanting to

Foot Locker recruits the highest names in entertainment for its annual “On Our Feet” gala, a charitable event presented by the retailer’s nonprofit arm, The Foot Locker Foundation. This 12 months was no different, because the retailer tapped famed actress Marsai Martin, 18, as its guest of honor. Martin joined Foot Locker president and CEO Mary Dillon on stage last night for a discussion at Pier Sixty at Chelsea Piers in Recent York City. Throughout the conversation, Martin revealed one of the best advice she has received from her mom (“What’s for you is for you, and what’s for you won’t miss you”) in addition to her dad (“‘The toughest thing that's ever going to hit you is life,’ meaning...

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28 May

Changes in Consumer Behavior Is Reshaping the Industry –

by Beautifaire101

Beauty, Featured

Changes in Consumer Behavior Is Reshaping the Industry –

Throughout the WWD Beauty CEO Summit last week, one theme repeatedly emerged from several of the sessions: if brands want to raised engage today’s consumer, it is crucial to know their needs and behavior and offer products, solutions and experiences in a meaningful, authentic and personalized way. All of which require leveraging data and understanding how shoppers shop. During a NielsenIQ VIP breakfast, Jacqueline Flam Stokes, senior vp of beauty retail at NielsenIQ, said, “it's critical that brands and retailers understand how consumers are shopping. Forty percent of beauty consumers are shopping each mass and prestige and only one percent of consumers today which are shopping beauty are shopping exclusively prestige. Should you have a look at even a Sephora shopper, 97...

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6 May

A Quick Beauty Industry Timeline – WWD

by Beautifaire101

Beauty, Featured

1998: Sephora opens its first door within the U.S. 1999: Beauty.com launches, ushering within the age of beauty e-commerce. 2000: The highest 100 firms in beauty had combined sales of $89 billion, versus $232.74 billion for 2022. 2001: Chanel launches Coco Mademoiselle, which works on to displace Chanel No. 5 because the top-selling fragrance in America. 2002: The aftershocks of the 9/11 terrorist attack continued to be felt as sales stagnated in an uncertain consumer milieu. 2003: Gucci Westman named Lancôme’s artistic director; 15 years later she's going to go on to introduce her own line of cosmetics. 2004: Flanker fever hits the fragrance industry, sparking a battle between art and commerce within the category. 2005: Makeup outperforms fragrance in U.S. department store sales for the primary...

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24 Apr

‘Not ugly, just poor’: how the sweetness industry is

by Beauty Tips

Beauty, Featured

‘Not ugly, just poor’: how the sweetness industry is

Botox, fillers and cosmetic surgery have gotten increasingly needed to live as much as contemporary beauty standards, making a beauty tax that's pricing many people out In our latest Class Ceiling series, we unpack how class actually affects young people today – from our jobs, to the best way we now have sex, to our general experience of the world. Beauty and wealth have at all times been bedfellows. Throughout history, the sweetness standard of any given period has served the ideological interests of the ruling class. Through the Renaissance, plump, pale skin was a prized signifier of high social status, while sun-darkened skin became synonymous with lower classes labouring outside. Today, nevertheless, that very...

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