Kelly Kovack

JW Marriott tapped the creative genius Richard Christensen and the magical world he’s carefully crafting in Flamingo Estate to reimagine luxury hospitality.

BeautyMatter created the NEXT Visionary Awards to recognize and celebrate our community’s thinkers, makers, and doers whose work raises the bar, inspires others, and defines the future.

The $5.55 billion French beauty conglomerate L’Occitane halted trading of its Hong Kong–listed shares pending an announcement of a takeover, according to a notification to the bourse.

As stock markets rally and interest rates are set to recede, private equity firms see a window of favorability, and beauty IPO chatter is heating up.

In 2023, despite an overall decline in public market activity, the BeautyMatter Deal Index tracked six public listings—three were listed on US exchanges and three were listed overseas in France, India, and South Korea.

The themes that dominated 2023 were inflation, curbed spending, and ongoing geopolitical turmoil. US venture capital hit a six-year low, raising $67 billion in 2023, representing a 60% decline from the $173 billion raised in 2022.

2023 was, overall, a pretty lackluster year for beauty deal activity. For beauty strategics, however, it was a very active year, with deal activity indicating the beginnings of a notable shift in how their brand portfolios are managed and prioritized.

Companies collapsed at record rates in 2023. Rising borrowing costs and interest rates at a 22-year high combined with the tailing off of pandemic stimulus pushed more debt-strapped companies and households to file for protection.

If the purpose of the bankruptcy auction was to maximize the value of what was left of the Amyris consumer brand portfolio, it’s difficult to see how that objective was achieved.

While beauty remains to be a resilient category smaller brands without the financial cushion to weather volatile sales to larger brands caught on the wrong side of shifting consumer preferences have not been unscathed by bankruptcies and closures.

The creator-lead prestige beauty platform has launched an accelerator to empower entrepreneurial creators looking to break into the increasingly competitive beauty industry at a time when early-stage investors have pulled back.

A new luxury candle brand has hit the hot fragrance market. Control + Chaos is a family affair that embraces the paradoxes and contrasts in life, consisting of a collection of six scented candles.

The entire beauty ecosystem descended on Hong Kong for Cosmoprof Asia 2023. Beautystreams CosmoTrends Report surfaces product innovation and notable brands among the exhibitors in attendance.

Wellness is big business; it’s global and is surging post-pandemic. The Global Wellness Institute reports the sector has reached a record $5.6 trillion and is forecasted to hit $8.5 trillion by 2027.

As we waited for implementation updates as the December 29th deadline loomed the FDA delayed enforcement of the requirements for cosmetic product facility registration and cosmetic product listing requirements under MoCRA for six months.

Doubling down on collaboration and driven by a mission to clean up the beauty industry, Hear Me Raw founder Mike Indursky targeted his latest marketing initiative squarely on Gen Z.

The chatter of China surpassing the US as the top dog in beauty has quieted because slowing growth will keep the market in a solid second, reinforcing the importance of the US—at least for the foreseeable future.

K18 Biomimetic Hairscience is an overnight success a decade in the making, led by co-founder and Chief Executive Officer Suveen Sahib, a champion of innovation and a leader in the global biosciences space

Candace Mitchell Harris went from problem solver to pioneer, using her 17 years as a computer scientist to launch a beta version of Myavana, an innovative haircare technology using artificial intelligence to personalize product recommendations in 2012.

One-third of Boots’ customers purchased a haircare product in the last six months, driving the British retailer to double the haircare game by introducing a new premium and professional haircare category.