Beauty Business News May 2022

As predicted, the result of the pandemic is starting to show across the beauty industry with Bite Beauty the latest to close down. Bite is part of the beauty investment group, Kendo, which also holds investments in KVD, Ole Henriksen, Fenty Beauty and Lip Labs. Lip Labs is part of Bite, and those stores (which custom blend lipsticks) will stay open. I hope we get it here eventually – we don’t have much in that arena (lovely Code 8 and Cosmetics a la Carte that I know of) and because it’s activity based (hen party, birthdays etc) I think it would do well. More interestingly, the licence arrangements with Marc Jacobs Beauty (previously part of Kendo, which itself is an incubator arm of LVMH) has run out and is not renewed – industry thoughts are that MJ beauty may reinvent with a ‘clean’ slant. If you’re a Bite fan and want to stock up, everything is half price HERE [affiliate link].

The story that’s been making me smile this week is Bobbi Brown taking on a Tik-Tok influencer who decided, after applying way too much, that Bobbi’s Jones Road foundation wasn’t to their liking. Quite honestly, the amount applied, for what is supposed to be light coverage, would be ridiculous on any level but the influencer concerned is known for heavy looks. Anyway, not having any of that nonsense, Bobbi took to Tik Tok to over-apply her own product, stating, ‘nope, that didn’t work’. Yes, Bobbi.

Shiseido is being interesting again – I forget every single time that Drunk Elephant is now owned by Shiseido, who offloaded NARS, Laura Mercier, bareMinerals last year and withdrew Waso from Japan at the same time. They’ve introduced new, ‘clean’ brand Ulé into France. The entire Ulé production is set in France – packaging and product – using a whole plant philosophy which will give them a high natural ingredient rating. It seems that Ulé is formulated with Europe in mind so I expect we will see it here, but I also think it may signal the departure of Waso.

Vichy is tangled up in a patent infringement law suit, brought by GlycoBioSciences, who say that the brand used both a hyaluronic and polymer matrix that infringe patents already held by GlycoBioSciences. According to Cosmetics Business, Vichy (and brand owner L’Oreal) were asked to halt production but refused. Make what you will of that.

Is it just me that sees nothing much of Too Faced these days? I almost forget it exists, but as a reminder, the brand was founded over 20 years ago and was acquired by Estee Lauder Companies in 2016. The original founders, Jerrod Blandino and Jeremy Johnson, stayed on with the brand under its new ownership but are now cutting ties to ‘pursue new opportunities’. Things have hardly been smooth – from cutting ties with Jerrod’s sister for her unkind remarks about Nikkie Tutorials to being accused by Jeffrey Starr of (allegedly) underpaying Nikkie for a palette collaboration to cake-gate where Jerrod proudly showed his ‘Rich Lives Matter’ cake on Instagram causing an avalanche of complaints. ELC must have been shuddering in their filing cabinets. It will be no surprise if the brand downsizes or is offered for sale.

Wella has bought hair brand, Briogeo. As a reminder, Wella was acquired by Coty in 2016 who then sold 60% of it to investment company KKR. Coty went through a massive acquisition period (Kylie Cosmetics ($600 million), Burberry, everything P&G wanted to off load amounting to 40 brands including Gucci, Covergirl, Max Factor and of course, Bourjois the year before) and has spent most of the subsequent hours trying to erase their moment of madness. In 2017 Coty became a majority stakeholder in Younique and a mere two years later cut all ties. Under KKR who now have approx. 70% of Wella, holders of OPI and GHD, Briogeo is exactly right for their portfolio as a black owned, eco-conscious brand appealing to millennials and Gen Z.

Beauty retailer Ulta came under fire earlier this month – very much deservedly – for a marketing email to members regarding the Kate Spade Sparkle fragrance. It said, ‘come hang with Kate Spade’… as part of a campaign, clearly forgetting that Kate, who died in 2018, was reported to have used a scarf to end her own life. When the grown-ups at Ulta got back in the room, they could not have apologised more profusely, clearly mortified that their content teams had let this slip.

Vaseline (owned by Unilever) has launched a searchable skin database for people of colour who rarely see their own tones reflected in on-line search for skin conditions. It will also act as a dermatologist resource. According to See My Skin, less than 6% of image searches into skin conditions show them on skin tones other than Caucasian.


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14 responses to “Beauty Business News May 2022”

  1. Emma

    Interesting to hear that about Vaseline – I wonder if they got that idea from US body care brand Soft Services, who made a similar database part of their website?

    https://softservices.co/massindex

    1. Jane Cunningham

      I wonder ….

  2. Emma

    Luckily for us, Soft Services’ co-founder, Annie Kreighbaum, will hopefully address this on the Eyewitness Beauty podcast that she cohosts! Do you listen to this one, Jane? I’m very fond of it (and think you would be an excellent guest, I love your beauty industry round-ups)

    1. Jane Cunningham

      interesting! I don’t listen to beauty podcasts as a rule because I need time off beauty – I like comedy, mystery and documentary – but thank you so much for the recommendation :-))

  3. Donna

    Two Face had a large counter in my local Debenhams which I always saw loads of people at. Now, it is a stand in Boots with no SA and people just walking past.

    1. Jane Cunningham

      yes, it really seems to have shrunk.

  4. My jaw dropped at that Ulta/Kate Spade story! That has to be one of the worst mistakes I have ever heard. Because you know that that wording would have been looked at by multiple eyes before it was approved to be published. It suggests a whole culture of people with no clue at all. And as you say, a lack of grown ups in the room.

    1. Jane Cunningham

      I know, it’s an absolute shocker.

    2. Shell

      I dont think there are grown ups in very many rooms in regards to content creation. For all the right reasons I may follow a brand in regards to a particular product (quality, trust, otherwise good messaging) but it’s the content that lets me down and turns me away.
      One more full pippet resting against a cheek dripping a weeks worth of product down the face
      Or the brand is marketed to all ages, I see in reviews where a reviewer may enter an age range that there are many, or even mainly reviews by folk my age, but the image is of someone of a very young age. I know that’s been covered to death, but the change has been minimal.

      1. Jane Cunningham

        Yes… I hear you on the pipette – in fact, discussing some sponsored content, I specified that was exactly what I would NOT do despite the product being an excellent candidate for drips! It’s not as though we don’t have a lot to learn from the younger digital workforce – we do – but it works both ways and there’s somehow just a big gap where common sense should be and the ability to relate fully to older women only really comes when you are one yourself so a few more of those in the workplace wouldn’t go amiss. I have one friend, slightly older than me, who is an absolute whizz at tech so it’s not as though people can’t be a) older and b) competent in the digital space.

        1. Shelley

          I think the digital space is actually pretty easy to learn, when has learning been so intuitive but I can tell there aren’t diversity of ages in the comms room.

          1. Jane Cunningham

            I have a friend who is an absolute whizz and other friends for whom it’s a struggle – I think if you weren’t brought up with it you don’t really get the intuition part so readily and have to learn the long way around. I know I am a slow learner and learn by physically doing rather than reading instructions so it takes me longer. But to your point, we can actually all learn in the end and it shouldn’t be a barrier to a more age diverse task force.

  5. Jane

    Uff da – that Ulta mess up is bad. There was one time that a home company’s social media team put up an art painting of Custer and referred to it as “a pop of color” and the painting was mostly red. For those who don’t know who Custer was, he slaughtered 103 Cheyenne as part of the US’s policy of genocide. It was a ghastly, ignorant move (the CEO emailed to personally apologize to me when I emailed her, so I mentally absolve the company).

    And go Bobbi. I don’t love the continued trend toward makeup as spackle (though I won’t use the WTFoundation because of its essential oils – the other products I’ve tried from the brand are great!)

    I love the round up!

    1. Jane Cunningham

      Thanks Jane – yes, unbelievable to see how either of those things could have happened.

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