Over the past few years, travel retail, which consists of airport, cruise and duty-free shopping, has emerged as a major retail sector, with multiple brands and conglomerates recently posting double-digit annual growth in the space.
Gillette’s newest standalone brand, GilletteLabs, is taking a different approach to razors with the debut of a $150 heated version.
Eos, the lip-care brand founded in 2006, has launched a new product incubation program to compete with fast-beauty brands that launch products in a matter of weeks.
Clean beauty retailer Follain is getting in on the private-label game with the launch of four products meant to fill white spaces in its inventory.
Pharmaceutical cosmetics company Allergan, which makes products like wrinkle reducer Botox and injectable filler Juvederm, launched on April 9 a new booking site, TryRegi.com.
Today, brands are marketing and producing products in a way that appeals to both the beauty and consumer-packaged-goods categories. The segments which were once separate and distinct are increasingly mingling.
As the wellness proposition continues to expand, a number of brands like Goop, meal-delivery and wellness company Sakara Life and beauty-supplement line The Nue Co. are starting to bet on nootropics, often referred to as smart drugs.
The $35.9 billion U.S. dietary supplement industry is booming and expected to skyrocket to $56.7 billion in sales by 2024. GNC, the multi-branded health and nutrition retailer, is looking to turn around its business and acquire new customers via beauty supplements.
Target, the multi-brand retailer with over 1,800 doors, is looking to innovate its beauty category the way it has with its apparel division by bringing in body inclusive brands.