In an exclusive video interview at CEW today, Giorgos Tsetis, founder of Nutrafol, tells the story behind the pioneering product range that targets hair thinning. “Nutrafol, a trailblazer in the hair health industry, has not only dedicated itself to addressing both the physical and emotional aspects of hair thinning through innovative product development and holistic approaches, but it has also brought women, a group typically ignored by pharma companies when addressing hair thinning, into the conversation in a major way,” writes CEW’s Andrea Nagel. The brand was acquired by Unilever in 2022, with Tsetis remaining at the helm as CEO.
Also at CEW, we discuss Circana’s Makeup Consumer Report, which reveals that the term “skinification” now extends beyond skin care, reflecting the increasing demand for beauty products across other categories boasting skin care benefits. According to the report, more than 50% of U.S. consumers seek those combining makeup and skin care in one, with just over 60% of Gen Z and Millennials in alignment with this.
This week, Amazon announced that October Prime Day 2024 will take place over two days, on October 8 and 9. With still two weeks to go, early bird beauty deals have already started to appear, from brands including Maybelline New York, Laura Geller, and L’Oréal Paris.
In investment news, DKC, the New York-based lifestyle PR firm, has received a majority investment from Acceleration Community of Companies (ACC). “This is a major milestone in our journey to become a leader in paid, earned, shared and owned communications and marketing solutions,” said Michael Nyman, founder and CEO of ACC. “DKC is a storied and accomplished firm that represents some of the most exciting and well-known brands in the world.”
The Estée Lauder Companies is partnering with Fordham University’s Gabelli School of Business Responsible Business Center and Net Impact to co-host an event next week, entitled A New Generation of Climate Careers: Leading Change as a Young Professional. It will take place at The Nest Climate Campus, the official event partner of Climate Week NYC. “We recognize that ELC’s commitment to climate action extends beyond our company walls. We strive to lead in nurturing and developing talent in this vital field, while sharing our insights and experiences along the way.” said Al Iannuzzi, vice president, sustainability at ELC.
In international beauty news, JP Morgan has named Beauty Pie, the subscription service founded by Marcia Kilgore, and Tropic Skincare, the natural skin care company, the UK’s fastest-growing, women-led businesses, in its latest report.
Read more on these and other stories at the links below.
Five Minutes with Nutrafol’s Giorgos Tsetis. In an exclusive Video Edition, the founder of the brand that addresses hair thinning talks about his hair journey and the story behind Nutrafol’s ongoing success. (CEW)
Skinification Levels Up. Circana reports that the term “skinification” is being applied across beauty categories more widely – including makeup – and not just skin care. (CEW)
Amazon Prime Day Beauty Deals For Early Birds. While Amazon’s October Prime Day 2024 event will take place on October 8 and 9, early beauty deals have already started to appear. (BYRDIE)
DKC Gets Majority Investment From ACC. The New York-based lifestyle PR firm has landed investment from the Acceleration Community of Companies. (WWD)
Estée Lauder To Co-Host Climate Week Event. The Estée Lauder Companies, Fordham University’s Gabelli School of Business Responsible Business Center and Net Impact will hold “A New Generation of Climate Careers: Leading Change as a Young Professional,” at The Nest Climate Campus, the official event partner of Climate Week NYC. (HAPPI)
JP Morgan Names Beauty Pie And Tropic Skincare UK’s Top “Women-Powered” Firms. The bank has named Marcia Kilgore’s subscription beauty service and the natural skin care company among the UK’s fastest-growing women-led businesses, in a new report. (COSMETICS BUSINESS)
Scar Care Is Beauty’s Next Big Thing. Skin care that targets scar treatment kit is moving from doctors’ offices to day spas and prestige beauty stores. (BEAUTY MATTER)
Monoma Makes Tallow A Luxury Ingredient. It is the first, direct-to-consumer brand to do so. (BEAUTY INDEPENDENT)