Beauty Business News Jan 2022

[affiliate used] The rumours that Marc Jacobs Beauty was quitting the UK had been rumbling about since the middle of last year but it turns out that Kendo (the brand owner) has not renewed its license with Marc Jacobs and the brand is gone completely. If you’re in the US, never released palettes are floating about in TJ Maxx (the US counterpart of TK Maxx in the UK). Bizarrely, Kendo has kept KVD beauty – I do not know anyone who actively seeks that brand out here in the UK – and has brought on Lip Lab which is an interesting development.

Lip Lab is Bite Beauty’s (also Kendo) customizable retail offering where you can choose your own finish, colour, texture and scent. Prescriptives all over again in other words and how ELC must be kicking themselves. I suppose they have the power to bring it back. I predict a rise in customizable beauty but gaining traction at community levels such as ‘make your own lipstick’ parties and courses. In fact, I’m going on a course next week. YSL’s Rouge Sur Mesure is the new at home lipstick shade creator HERE.

HoF on Oxford Street is in its last week before shuttering completely. The sight is upsetting – brands who haven’t taken back their stock (for whatever reason) are jumbled together (Shiseido, Clarins and Clinique mostly) on the ground floor in messy piles with hand drawn 50% off signs. If you are going to close a store, do it with dignity and respect. Everybody understands closing discounts but this was more picking the dirty bones. Further closures are scheduled around the country – one heritage building is (physically) disintegrating due to what looks strongly like poor maintenance management so it will be interesting to see what exact reasons are given for the inevitable shuttering.

Everybody remember Jeanine Lobell? Founder of Stila (1994) when it was fun and exciting before selling to Lauder who then sold it on? Well, she’s back with a new brand, Neen (her nickname). Before we get excited, it’s working on a subscription model (like Beauty Pie) and beginning in the US in February.

E45 has been sold by Reckitt Benckiser for £200m to Swedish corporation, Karo Pharma. They own Footner and Nailner (plus the intriguingly sounding Fungobase, Poxlciin and Wortie amongst others) and they picked up Scholl foot care last year.

It’s not yet beauty, but is so easily transferrable from fashion that I think it soon will be, but keep an eye out for UK brand Heat Mystery Boxes HERE, with funding from LVMH start-ups. There are monthly fashion curations with boxes sent out across the US, EU and UK – the ‘mystery’ is that you get what they send, not what you choose, although there are choice parameters within that. It’s so easily transferrable to beauty (see MAC’s offer of a Mystery Box for £35 HERE) that start ups must be stampeding to compete. Basically, mystery boxes are the new beauty boxes.

P&G is shopping again. Having recently acquired Ouai Hair Care, they’re rumoured to be on the cusp of snapping up NYC brand Tula Beauty that focuses on skin biome. P&G also own SK-II and I’d forgotten that brand even existed.

Of all the surprise news I wasn’t expecting, the fact that L’Occitane has invested in lingerie ranks quite highly. L’Occitane is so much more than pretty French skin care these days – they opened their start up studio (venture capital) Obratori in 2018. From looking at previous investments, they’re very excitable about algae. Lolo Paris is lingerie for ‘digital natives’ at which point I would switch off but it looks absolutely lovely (HERE) with a thorough ‘morphology’ questionnaire to help you choose .

Sources & Resources: WWD, Global Cosmetics News, Reuters.


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10 responses to “Beauty Business News Jan 2022”

  1. Chrissie

    As ever a very very interesting read Jane, thank you! How many times have I seen Prescriptives being mentioned and sorely missed recently, I had a fantastic foundation, perfect shade match of course, from them..who remembers the “wildly exhilarating” scent of original Calyx!
    That sight of HoF is enough to make me cry. It reminds me a little of the last days of Allders, Croydon which used to be a wonderful store with a listed frontage and then went into a long slow decline, it has been empty now for several years. I suppose at least HoF is closing down on a tight deadline 🙁
    Going to check out that L’Occitane lingerie for sure. Or should it be L’Occit-ingerie 🙂 Bon weekend Jane, everyone at BBB and readers xxx

    1. Jane Cunningham

      I just really feel there was more dignity to be had around that closure. Happy weekend to you !

  2. Lizzie

    So many things to comment on! Great post.

    The House of Fraser thing is so sad, but it’s never been the same since it was taken over by Mike Ashley (Sports Direct). The brand seemed to change overnight when that happened.

    I think the world can do without a Beauty Pie Mark 2, but I may end up eating my words. Against my better judgement I am quite intrigued by the Mystery Boxes, though.

    1. Jane Cunningham

      I bought a fashion mystery box in lockdown – it was more about supporting the workers so there was more to it (I’ve forgotten the name of it!) but I was really pleased with what I got. I think it was about £35. These boxes are more about street wear so not sure it’s for me but I’m also intrigued by beauty mystery boxes as long as they’re not full of the same old usual suspects.

  3. Such an interesting post sweetie!

    Danielle | thereluctantblogger.co.uk

  4. Donna

    Prescriptives is still available in the US but online only. I loved the brand.

    Sad about Marc Jacobs, not a fan of his perfumes but really like the makeup. Hope it turns up in TKMaxx here?

    1. Jane Cunningham

      that would be a bonus wouldn’t it! I haven’t seen any in my local branch. x

  5. Lesleyc19

    Donna, sad to say but Prescriptives online in the US has also now closed and shut up shop

    I loved the brand and still think their foundations colours and textures were second to none.

    I really dislike the Estée Lauder way of swallowing up small businesses and then spitting them out when they don’t fulfil the juggernauts expectations.

  6. Jo Mille Saisons

    Oh no, Marc Jacobs pencil gel eyeliner was the only one I had found that actually stayed on my waterline 🙁 Although the bright side is going and finding a new favourite. I realised I hadn’t been into a Big Boots for over at least 2.5 years recently and was very excited to look at all the new brands I’d only looked at online before when I visited Brighton the other day!

    1. Jane Cunningham

      It’s amazing how many brands they have 🙂

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