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CEW Cheat Sheet: May 11, 2023

The CEW Cheat Sheet lets you conveniently scroll through the morning’s biggest beauty, tech, and business-related headlines all in one place. Stay up-to-date on major acquisitions and industry moves; learn about brand launches and biotech innovations; and read through investigative reports on the state of the market or our new working norm.

Woman holding a bottle of perfume

CEW Cheat Sheet: May 11, 2023

The CEW Cheat Sheet lets you conveniently scroll through the morning’s biggest beauty, tech, and business-related headlines all in one place. Stay up-to-date on major acquisitions and industry moves; learn about brand launches and biotech innovations; and read through investigative reports on the state of the market or our new working norm.

Display of various beauty products on a neutral background

Beauty’s Annual Fundraiser Supporting Employees with Cancer is Back — and it’s Big

Beauty with Benefits, an annual partnership between Cancer and Careers and QVC, has raised more than $16 million to help provide workplace support for people with cancer, helping them stay on the job and in the workforce. In less than two weeks another program is getting ready to launch, thanks to dozens of beauty brands who continually rally to support the cause.

Closed eyes with dramatic purple and dark red eyeshadow

Circana Reveals Q1 Mass & Prestige $13.6B Beauty Sales Trends

Beauty sales are off to a strong start for 2023. Some notable trends in the quarter included makeup as the fastest growing category, hair products priced $30+ flew off shelves, and sales of “totable” prestige fragrances became a thing as consumers looked to control their mood via scent.

Two pairs of feet on a bed with a bed sheet covering from above the shin

Product Watch: What Should Be in Your Nightstand According to a Sex Therapist

In the United States, the $10.3 billion sexual wellness market is forecast to grow to $19.9 billion in revenue by 2030, according to data from Grand View Research. And beauty retailers are paying attention by making room on their shelves. Kate Balestrieri Ph.D., a licensed psychologist and certified sex therapist, highlights the mind-blowing vibrators, ecstasy-invoking lubricants, and next-gen pleasure tools that impress her most.

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