Deanna Utroske’s Post

We speak to Priyank Shah, Co-Founder and Director of RENÉE Cosmetics Cosmetics, an up-and-coming player disrupting the Indian makeup and cosmetics industry. He walks us through the challenges of creating a phygital commerce company with a differentiated offering in a very competitive sector. Moreover, Priyank walks us through his experiences of building Beardo, his former venture, and how it shaped his journey at Renee. Innovation is the key to success in the beauty and personal care segment, he says, as it helps product experiences resonate with the users. Cultivating on these insights, he aims to lead Renee to newer heights of success, building upon the remarkable growth the company has witnessed recently. Click on the link to listen: https://lnkd.in/gHDYGEsN

🌟 Breaking News: Sisley Group Unveils Its Groundbreaking Incubation Initiative With Neuraé, A Bold Fusion of Beauty and Neuroscience 🌿In an era where self-care and holistic beauty reign supreme, the Sisley Group has once again proven itself a pioneer in the cosmetics industry by embracing the mind-skin connection. Introducing Neuraé, an entirely fresh perspective on skincare and well-being, a journey where beauty meets neuroscience. ✨ Neuraé is the latest brainchild and audacious venture of Sisley's privately held, family-owned company, allowing flexibility in pricing, launches, and marketing. Following Hair Rituals by Sisley, Neuraé, a stand-alone brand, represents a strategic move to cater to evolving consumer needs. Drawing inspiration from neuroscientific research, Neuraé sets itself apart with a lower price point, ensuring accessibility without compromising on quality. 💫 As we navigate the skincare market, it's refreshing to see a brand like Neuraé incubated by a group that is paving the way for a more enlightened and conscious approach to beauty, and potential incubation initiatives from established beauty players. #Innovation #Skincare #HolisticBeauty https://lnkd.in/dstwpSKu https://lnkd.in/dNVEdPmD https://lnkd.in/dMRe7CBH

#Skincare sector has garnered quite some interest from #privateequity firms lately. Here's a deep dive into the driving factors behind this interest, featuring insights from Innova Capital's Leszek Muzyczyszyn, PAI Partners' Raffaele Vitale and Raymond James' Evan Merali. Skincare’s particular attractiveness stems from its #highmargin as a business, Merali said, adding that “there’s minimal capex required because a lot of the manufacturing in the space is outsourced and doesn’t require a lot of capex to sell the brands and the products into retailers”. It is also a cash-generative segment. Read the full feature for more on the sector, including why the segment is performing particularly strongly in Innova Capital’s home market of central and eastern Europe.

🚀 Launching Your Dream Skincare Line Just Got Easier 🚀 Starting a skincare line can be overwhelming—but with DC Laboratories, it doesn’t have to be. We simplify the process by offering comprehensive end-to-end services, from formulation and packaging to production and regulatory compliance. Our experienced team ensures that every detail is handled, allowing you to focus on marketing and brand growth. We understand the unique challenges faced by emerging beauty brands, which is why we provide the flexibility of low minimum order quantities and fast turnaround times. Whether you’re launching your first product or expanding an existing range, we’re here to support you at every stage. Let’s transform your vision into a reality. The beauty market is waiting. #SkincareLaunch #CosmeticsDevelopment #DCLaboratories #BeautyBrands #ProductLaunch #EntrepreneurshipInBeauty

𝗧𝗵𝗲𝗿𝗲 𝗶𝘀 𝗴𝗼𝗹𝗱 𝗶𝗻 𝗮𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲 𝗱𝗲𝗿𝗺𝗼-𝗰𝗼𝘀𝗺𝗲𝘁𝗶𝗰𝘀/ 𝘀𝗰𝗶𝗲𝗻𝗰𝗲-𝗹𝗲𝗱 𝘀𝗸𝗶𝗻-𝗰𝗮𝗿𝗲 The Estée Lauder Companies Inc. completes the acquisition of DECIEM | THE ABNORMAL BEAUTY COMPANY DECIEM | THE ABNORMAL BEAUTY COMPANY was created in 2013 & revolutionized skincare through providing DTC (then omnichannel) affordable science-led products with 'no marketing BS'. Its products (especially its serum) gained rapidly cult following Estée Lauder first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests after a three-year period on May 31, 2024 using cash on hand for an estimated 860 million dollars. The total investment approximated 1.7 billion dollars over the three tranches EL reported that Deciem generates between $0.5-1bn sales p.a. Deciem is one of the few successful acquisition The Estée Lauder Companies Inc. completed over the last decade although it is fair to recognize that it was not always easy & happy (cf. the removal of the founder & its subsequent suicide) As a comparison, CeraVe (another science-led affordable skincare brand with a dermo-cosmetic growth model) was acquired by L'Oreal in 2017 for $1.3bn. CeraVe recorded close to $5bn retail sales (Euromonitor) in 2022... Those two transactions are part of the top 10 top ROI M&A transactions in the FMCG industry over the last decade... To read our last M&A publication: FMCG CEOs: M&A Q1 2024 In Review - A New Bottom & Four Reinforcing Trends 𝗟𝗶𝗻𝗸 𝘁𝗼 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗽𝘂𝗯𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: https://lnkd.in/efD5RNWX 𝗧𝗼 𝗴𝗲𝘁 𝗮𝗹𝗹 𝗼𝘂𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 & 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗼𝘂𝗿 𝗙𝗠𝗖𝗚 𝗖𝗘𝗢 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿: https://lnkd.in/ea4gy65y #fmcg #cpg L'Oréal Coty Beiersdorf Kenvue Bayer Sanofi Procter & Gamble Shiseido Nestlé Galderma Unilever https://lnkd.in/exzN3DgT

E.L.F. BEAUTY continues to prove why being purpose-led and results-driven isn't just the right thing—it is good for business, too. At e.l.f., we're a different kind of company, and our Q2 FY25 results demonstrate that. We're proud to be the only brand to gain share for 23 consecutive quarters, out of ~1000 cosmetics brands tracked by Nielsen. Our Top Highlights: 🚀 Delivered +40% net sales growth 🚀 Achieved +91% net sales growth internationally 🚀 Increased our US market share by 195 basis points 🚀 Maintained e.l.f.’s No. 1 position for unit share in mass cosmetics 🚀 Continued e.l.f.’s No. 2 position for dollar share in mass cosmetics 💧 Fueling category growth with two of the fastest-growing mass skincare brands 👀 Watch the webcast: https://lnkd.in/ejgpAdQC 🗞️ Read the press release: https://lnkd.in/eHV5aJnA

💄 💅 Beauty on a budget: What’s behind Mamaearth’s new brand? After building a popular line of premium skincare products, the unicorn has launched a low-cost cosmetics brand, Staze. Having brands at different price points will help #Mamaearth (Honasa) serve a larger market. Staze differs in many ways from what Mamaearth is known for. More crucially, low-priced cosmetics are a highly competitive space. Staze will be pitted against #Reliance’s Insight Cosmetics and #Sugar Pop. How does Mamaearth plan to distribute its new offering? Aditi Shrivastava breaks it down. Link in Comments #cosmetics #brands #launch #mamaearth #sugar #lakme #genz #loreal

The beauty landscape is undergoing a transformative evolution, where the confluence of citizen scientists and the rise of biotechnology have raised the bar on efficacy and substantiation. Brands not doubling down on clinical and consumer testing at this moment run the risk of consumer backlash against unsubstantiated claims. BeautyMatter sat down with Sharon Johnson, Chief Operating Officer at Prestige Testing, a beauty industry veteran with 35 years of experience in clinical skincare brand and product development, to dive into the methodology and marketing of claims. #sponsored #beautybusiness #beautyindustry #regulation #marketing

What factors contribute to the rapid growth and competitiveness of the skincare #cosmeticsindustry, both domestically and globally? The #skincare cosmetics industry is a dynamic arena characterized by rapid growth, innovation, and intense competition. With increasing international entrants and new brands, manufacturers must innovate continuously in #productdevelopment, marketing strategies, and adaptation to diverse climates and #fashiontrends. This dynamic environment offers vast opportunities for growth and creativity in the global market. To know more:  https://lnkd.in/dkWXi-fr Key Market Players:  Procter & Gamble  Estée Lauder Beiersdorf’s AG Shiseido. Coty.  Kao Corporation  Johnson & Johnson #RDive #SkincareCosmetics #BeautyIndustry #InnovationInBeauty #CosmeticsTrends #InternationalBrands #BeautyInnovation #MarketCompetitiveness #BeautyMarketing 

Thanks, Joshua Glenn, for hosting me in this fascinating series