At CES 2022, the Beauty Industry Gets in on The Metaverse
Originally expecting more than 2,200 exhibitors, this year’s Consumer Electronics Show has been muted by pandemic-driven cancellations. Despite these challenging conditions, the event has been once again home to much that is cutting-edge in the cosmetic industry.
Could COVID-19 Increase Skin Sensitivity?
BBC News is reporting that hairdressers have observed clients experiencing allergic reactions to hair dyes following recovery from coronavirus, suggesting that the disease may cause greater skin sensitivity.
Shopping on Social Networks Could Reach $1.2 Trillion by 2025
Shopping on social networks is shaping up to be a particularly booming market in the near future. In the next three years, the size of the social commerce market is expected to grow 2.5x to reach USD 1.2 trillion worldwide. It’s a trend that’s increasingly widespread and largely driven by Generation Z.
Singer H.E.R. Joins L’Oréal Paris as Latest Global Ambassador
L’Oréal Paris has announced Grammy Award nominee H.E.R. as its latest Global Ambassador.
Delphine Viguier-Hovasse, Global Brand President L’Oréal Paris, took to LinkedIn to announce the appointment, stating, “I am very pleased to welcome H.E.R., one of the most resonant young voices, to our sisterhood of Global Ambassadors at L’Oréal Paris.”
Would You Let an Algorithm Dress You? Enter Amazon Style
Amazon has announced that it is poised to open its first physical apparel store later this year at The Americana at Brand, Los Angeles. The space promises to revolutionize shopping for clothes, harnessing the e-commerce behemoth’s technology and operations wizardry.
U.S. Prestige Beauty Sales Grew by 30% in 2021, Surpassing 2019 Levels
The U.S. prestige beauty industry generated USD 22 billion in 2021, a 30% increase in dollar sales, versus 2020, according to The NPD Group. With sales up 49%, year-over-year, fragrance outperformed all other categories last year, followed by hair products (up 47%), makeup (up 23%), and skincare (up 18%).