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Beauty Industry

All articles tagged with #beauty industry

Scarlett Johansson's The Outset Skin Care Brand Closes After Four Years
business13 days ago

Scarlett Johansson's The Outset Skin Care Brand Closes After Four Years

Scarlett Johansson's clean skincare brand, The Outset, has announced it is winding down operations after roughly four and a half years. The closure, confirmed via the brand's website, ends online ordering, though existing orders will still be fulfilled. The brand, which launched in March 2022 and sold at Sephora, is part of a recent wave of celebrity beauty brand closures, including Gwen Stefani's Gxve Beauty and Kate Moss's Cosmoss. While The Outset was praised for its accessible pricing and vegan formulas, industry experts note that celebrity endorsements alone are insufficient for long-term success without consistent product efficacy and repeat customer loyalty. Consumers are now seeking alternatives, with retailers like Nordstrom and Amazon still stocking remaining inventory.

Beauty, Health, and Wellness Merge as Consumers Demand Scientific Efficacy
retail-and-consumer-trends25 days ago

Beauty, Health, and Wellness Merge as Consumers Demand Scientific Efficacy

Beauty, health, and wellness are converging into a single retail category as consumers prioritize scientific efficacy and holistic outcomes. A joint CEW and AlixPartners survey found nearly 100% of consumers view these as one budget item, yet 42% of executives remain hesitant to expand beyond traditional lanes. Retailers like Walmart, Target, and Sephora are restructuring stores to blend these categories, while brands leverage biotechnology and GLP-1-related solutions to capture growing demand for measurable results.

Estee Lauder-Puig Merger Talks End Amid Tilbury Tangles
business4 months ago

Estee Lauder-Puig Merger Talks End Amid Tilbury Tangles

Estée Lauder Companies and Puig ended merger talks, a deal long in discussion but complicated by Charlotte Tilbury's renegotiation leverage and Puig ownership dynamics. Lauder said it remains confident in standalone growth, and the breakup follows Tilbury’s evolving role. Lauder’s stronger financial position and solid results helped drive the decision, with Lauder stock rising after hours and Puig slightly down on the news.

GLP-1 Weight-Loss Boom Sparks Hair-Care Market Push
business5 months ago

GLP-1 Weight-Loss Boom Sparks Hair-Care Market Push

As GLP-1 weight-loss drugs grow popular, some users experience temporary hair shedding, prompting a new wave of at-home hair-care products and scalp treatments. The trend is rising quickly: roughly 13% of U.S. adults use GLP-1 meds, with projections of 25 million on them by 2030, and Circana finds GLP-1 households spend more on beauty. Brands from Ulta to Redken, Nutrafol, and KeraFactor are expanding targeted offerings, while doctors note hair recovery varies and depends on nutrition and time, suggesting consumer loyalty as results take months to appear.

Gen X Emerges as Beauty's Hidden Powerhouse
business5 months ago

Gen X Emerges as Beauty's Hidden Powerhouse

Gen X (born 1965–1980) is becoming the beauty market’s top spender, projected to lead global beauty spend through 2033 and to account for about 25% of beauty dollars as skincare, anti-aging, and wellness trends resonate with them. With high brand loyalty and a prime spending phase, they’re driving growth in skincare, haircare, and makeup, prompting Ulta, Sephora, and others to tailor products and experiences—including menopause-focused offerings and curated service—to meet this influential cohort, which often buys for both parents and children.

2025 Beauty Trends and Innovations You Can't Miss
beauty-and-culture9 months ago

2025 Beauty Trends and Innovations You Can't Miss

The year 2025 in beauty culture was marked by extremes, including a push for low-maintenance looks that require high-maintenance treatments, a broadening of beauty standards to include non-human entities like dogs, increased transparency and normalization of cosmetic procedures among celebrities, and a cultural shift towards embracing natural body hair, notably pubic hair, as a form of body positivity and self-expression.

obituaries1 year ago

Leonard Lauder, Estee Lauder Heir and Industry Icon, Dies at 92

Leonard Lauder, a legendary figure in the beauty industry and the driving force behind Estée Lauder's global success, has died at age 92. He was renowned for his innovative leadership, passion for product and branding, and his contributions to art collecting, notably donating his Cubist collection to the Metropolitan Museum of Art. Lauder's vision and mentorship shaped the prestige beauty business and left a lasting legacy in both industry and art.

Legendary Cosmetics Executive Leonard Lauder Passes Away at 92
obituaries1 year ago

Legendary Cosmetics Executive Leonard Lauder Passes Away at 92

Leonard A. Lauder, a legendary figure in the cosmetics industry and former Chairman of Estée Lauder, passed away at age 92. He was instrumental in transforming the company into a global beauty leader, launching iconic brands and expanding internationally. Lauder was also a passionate philanthropist, art collector, and advocate for cancer and Alzheimer's research. His legacy includes significant contributions to the arts, education, and public service, and he is remembered as a visionary leader and generous humanitarian.

e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion
business1 year ago

e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion

Hailey Bieber's makeup brand Rhode has been sold to e.l.f. Beauty in a deal valued at up to $1 billion, with Bieber remaining as chief creative officer. The brand, launched in 2022 and rapidly growing through social media popularity, will expand its distribution globally, including plans to be sold in Sephora. The deal underscores the rising influence and valuation of celebrity-founded beauty brands.

Hailey Bieber’s Rhode Cosmetics Sold to Elf Beauty for $1 Billion
business1 year ago

Hailey Bieber’s Rhode Cosmetics Sold to Elf Beauty for $1 Billion

Rhode, a beauty brand founded by Hailey Bieber, has been acquired by Elf Beauty for $1 billion, marking a significant deal in the beauty industry. Bieber will continue as founder and expand her role, while the deal includes cash, stock, and future earn-out considerations. The acquisition highlights Rhode's rapid growth and innovative marketing, and signals a potential rebound in high-value beauty M&A activity, emphasizing the importance of authentic celebrity involvement and strategic brand development.

business1 year ago

E.l.f. Beauty Acquires Hailey Bieber’s Rhode in $1 Billion Deal

E.l.f. Beauty is acquiring Hailey Bieber’s skincare brand Rhode in a $1 billion deal, marking its largest acquisition to date. Bieber will remain involved as chief creative officer, and the deal includes plans for international expansion and Sephora distribution. The acquisition reflects Rhode's rapid growth and E.l.f.'s strategic focus on expanding its brand portfolio in the beauty industry.