Jenni Baden HowardSpate has released its annual Year in Review report. Providing a detailed, retrospective evaluation of its January 2023 predictions for the beauty trends and brands to watch, the report highlights the key, emerging themes of the year. Holistic health and self-care routines reigned supreme, as did product portability, while consumer demand for certain at-home beauty devices increased. “Nearly a year later, a review of our 2023 predictions shows our commitment to the foresight we offer to brands,” says Olivier Zimmer, Spate’s CEO and Co-Founder. “Our effective methodology equips brands with essential insights to refine their strategies.”
Seeking to harness the power of TikTok Shop from two, notably different market positions, the Estée Lauder Companies is focusing its attention on Estée Lauder, its prestige brand, and The Ordinary, a science-backed, budget-friendly range with a 1.3 m following on TikTok and a strong creator network.
Meanwhile, self-funded indie body care brand Karité expects to double its revenues in 2024. Founded by Akua Okunseinde, Abena Slowe and Naana Boakye, three sisters from Ghana, the formulas are based on the raw, unrefined shea butter they grew up using. Increased brand awareness and retail distribution have played major roles in Karité’s success (WWD named its Crème Corps one of the most iconic body care products this year, and sales tripled after a Today show spot on International Women’s Day).
In CEW news across the pond, the 2023 CEW UK Achiever Awards recipients collected their awards at a celebration in London on Tuesday night. Among the winners, Carisa Janes, Founder and Chief Executive Officer of Hourglass Cosmetics, received the Icon Award.
Discover more about these and other stories at the links below.
Spate Publishes its Annual Year In Review. The comprehensive report takes a retrospective view of its beauty trend predictions and most-searched for brands in 2023. (CEW)
Estée Lauder And The Ordinary Join TikTok Shop. The Estée Lauder Companies has picked two, distinctly different brands to focus on at TikTok’s online store. (GLOSSY)
Karité’s Beautiful Year. The independent, self-funded body care brand, founded by three Ghanan sisters, has thrived in 2023 and aims to double its revenues next year. (BEAUTY INDEPENDENT)
YSL And L’Oréal Partner With Women’s Aid. YSL Beauté and L’Oréal’s solidarity program, L’Oréal for the Future, have run a series of training sessions in the House of Commons to raise awareness and educate on the prevention of domestic and sexual violence. The talks were organized by the Suzy Lamplugh Trust and Women’s Aid. (WWD)
CEW UK Celebrates 2023 Achiever Awards. Carisa Janes, Founder and Chief Executive Officer of Hourglass Cosmetics, was among those to collect an award at the Rosewood Hotel in London on Tuesday evening. (CEW UK)
Are You MoCRA-Ready? Beauty brands still uncertain about its implications ahead of the December 2023 compliance deadline won’t want to miss CEW’s webinar with compliance expert Registrar Corp. (CEW)
