Rachel Brown
McKinsey Declares Price-Fueled Growth Is Over In Beauty. How Should Brands Respond?
In a recent report on the business of beauty, McKinsey & Co. forecast that the global beauty industry will proceed at an annual growth rate of 6% to reach $590 billion by 2028, up from...
Has Fast Beauty Crashed?
Last month, the publication Women’s Wear Daily ran an article on “slow beauty,” putting a spotlight on brands such as Ffern, KraveBeauty, Minori Beauty and Dieux with intentional product drop strategies, sustainable missions...
Manufacturing Platform SV Labs Diversifies Category And Geographic Reach With Sigan Industries Acquisition
SV Labs, the beauty contract manufacturing platform owned by San Francisco Equity Partners, has acquired Sigan Industries Group for an undisclosed price to expand its competencies and geography. SV Labs CEO Graham Orriss, former SVP of operations...
Seaweed Extract Supplier Macro Oceans Raises $7.5M In Seed Funding, Acquires Everything Seaweed For Capacity And Expertise
As the beauty industry looks to reduce its dependence on petrochemicals, Macro Oceans is building its capacity to offer seaweed-powered ingredients as alternatives by completing a $7.5 million seed funding round and acquiring Everything Seaweed, a...
Where Will The Skinification Trend Go Next?
A recent survey by the market research firm Circana underpinned consumer demand for the skinification and multidimensionality of everything in beauty. In it, 50% of American consumers reported they seek products that combine makeup and skincare, including...
Jackfir Turned Down Erewhon Last Year. Now, It’s In All The Cool Grocer’s Stores.
After concluding that Jackfir wasn’t logistically or financially ready for Erewhon, founder Charlie Razook turned down an offer to launch the men’s skincare brand at the trendy Southern California natural grocer last year. “It...
Ulta Beauty Jumps On The K-Beauty Boom With New Mass Skincare Lineup Containing Rael, Ma:nyo, Mediheal And More
As Ulta Beauty looks to newness to distinguish its assortment and battle for young consumers’ attention and dollars, it’s hopping on the K-Beauty boom by adding six K-Beauty brands to its mass skincare section. Launching in select...
