Today at CEW, we spotlight a new report from Spate that breaks down 2024’s must-know hair trends on TikTok. Highlights include the priority placed by consumers on holistic hair care, styling products that enhance volume, along with color trends and more. “Spate’s insights reveal how trends on platforms like TikTok are not just fleeting moments — they’re a reflection of shifting consumer values,” said Spate’s co-founder Yarden Horwitz. “By aligning product offerings with these evolving trends, brands can tap into a deeper connection with today’s beauty-conscious consumer.”
In executive news, The Estée Lauder Companies’ President UK & Ireland Sue Fox is to retire from her role next year. Her successor is yet to be announced. And in investment updates, peptide-infused skin care brand OneSKin has secured a Series A Investment, bringing its total funding to $20 million. In other skin care news, Ulta Beauty has added six K-Beauty brands to its mass skin care category.
Looking ahead to Black Friday 2024, analysts predict a stronger sales year than last year. A new report from website-building provider Hostinger found that 31% of Americans said they plan to spend more than in 2023, with 30% planning to shop exclusively online. Meanwhile, in Paris, L’Oréal Group has unveiled a “unique mediation program” in The Louvre Museum, which guides visitors through a selection of 108 works of art on the theme of the history of beauty.
Read more about these and other stories at the links below.
Spate Reveals This Year’s Trending Tik-Tok Hair Trends. “Spate’s insights reveal how trends on platforms like TikTok are not just fleeting moments — they’re a reflection of shifting consumer values,” said Spate’s co-founder Yarden Horwitz. (CEW)
How Bazaarvoice’s Tech Connects With Over 2.3 billion Shoppers Each Month. CEW spotlights the leading global provider of software solutions to help businesses source and amplify UGC. (CEW)
Estée Lauder Companies’ President UK & Ireland Sue Fox Steps Down. Fox will retire from her role next year. (COSMETICS BUSINESS)
Black Friday 2024 Sales Comeback Predicted. Thirty-one percent of Americans plan to spend more this year than last year, claims a new report by Hostinger. (HAPPI)
OneSkin Secures Series A Investment. This brings the peptide-rich brand’s total funding to $20 million. (WWD)
L’Oréal Showcases Beauty At The Louvre. The new “mediation,” De Toutes Beautés, is now open. (L’ORÉAL)
Ulta Beauty Snaps Up 6 K-Beauty Brands. They include Rael, Ma:nyo and Mediheal. (BEAUTY INDEPENDENT)
The Plant Pigment Promising Greener Sunscreen. Early studies look hopeful about a new natural ingredient. (BEAUTY MATTER)
