2020 . 06 . 16
Givaudan hosts first ever pop-up for fragrance innovations
One of the largest essence houses, Givaudan, opened its first pop-up in New York, offering customers a different store experience.
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2020 . 06 . 16
One of the largest essence houses, Givaudan, opened its first pop-up in New York, offering customers a different store experience.
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2020 . 06 . 16
History is known to be cyclical and, as such, tends to repeat itself… From the birth of perfume and natural extraction methods, we have passed on to the use of synthetic ingredients and artificial or automated extraction processes. However, due to a new growing need for global sustainability, we are now, in a way, travelling back in time as we witness a rediscovery of the natural element, preferring sustainable fragrances, organic elements and non-invasive extraction methods.
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2020 . 06 . 16
The article describes some variations in the acquisition strategies: how private equity firms will acquire smaller and smaller cosmetic brands (or related companies regarding technology and production) and also take on greater risk profiles, entering with minority interests in order to intercept their growth first, testifying how the growth of cosmetics brands can be faster and faster in the case of brands that have direct access to the audience or that have the ability to build a community of followers.
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2020 . 06 . 12
During confinement consumers all over the world turned to online shopping while stores were shuttered. Their first purchases were mostly limited to basic necessities, such as food and health products, and then the focus shifted to upping the comfort of their home with technology, fitness and décor items. Once these priorities were taken care of shoppers looked to beauty, fashion and affordable luxuries to soothe their spirit. Even those who weren’t familiar with online shopping quickly adapted in order to satisfy their shopping fix. Although this newfound confidence has bolstered eCommerce, the increased online sales are not offsetting the missed volume generated by physical stores. The concern now is that consumers will not return right away to the shops once they reopen, whether due to fear, unease, or a new preference for the convenience of e-shopping. What effects will a post-lockdown world have on our shopping behavior? How will the online & offline environment evolve? Will one triumph over the other?
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2020 . 06 . 09
To be sustainable, a perfume must be cruelty-free, it must not contain raw materials derived from soil and flora exploitation and it must be as transparent as possible in indicating its ingredients and their origin.
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2020 . 06 . 09
This survey lead by BW Confidential in the period between April 27th and May 3rd, received an answer from 392 industry professionals (between distribution, brand and supplier communities).
49% of them stated they are expecting a very conspicuous decrease in sales. The majority, 57%, also said that despite shops might be now opening again, they will need more than three months in order to recover their sales. 43% also highlighted the lack of clarity surrounding the new rules and hygiene protocols that retailers should adopt.
Having a large leftover of products still in stock, 74% of them is considering applying a discount operation, whilst only the 2% stated they won't consider such option.
Moreover there's also a visible disagreement between the 38% of professionals that believe the online sales will continue to excel and the 30% of whom estimates the online sales will actually follow a descending trend.
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2020 . 06 . 09
In this analysis recently released during a webinar by Yarden Horowitz (co-founder of the company "Spate"), we can observe which cosmetic ingredients trends have been the most successful during the COVID19 period.
The first significant results to stand out is the data about the "rising stars", the ingredients that have been most searched for on the web, and the "sustained rising stars", which point out an increasing interest from the consumers for the natural products that will boost the immune system and protect their health.
The DIY products trend (such as hand sanitisers) allowed the consumers to develop a bigger understanding and awareness for the product's ingredients and raw materials.
Furthermore the study reveals how in the top trending concerns there is a growing need for antibacterial and antiviral products, that will help to reduce health risks and limit the spread of the virus.
Lastly we look at the results for the "rising stars categories", those categories of products that received the fastest growing interest from one month to the other.
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2020 . 06 . 09
The strong interest in sustainability, aromatherapy and natural ingredients of the last few months has seen an exponential growth especially during lockdown: there has been a peak in the consumers demand of products with natural ingredients that would also have antiviral and antibacterial properties, in order to support and improve their immune system and to reduce to the minimum the risks of COVID19.
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2020 . 06 . 09
In a very open and honest interview, perfumer Nathalie Feisthauer explains the reasons why she chose to leave the mass market and the major essence production companies in order to become part of the niche perfume market as a freelancer.
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2020 . 06 . 05
As shops around the world are starting to reopen following the COVID-19 crisis, retailers and brands are in a quandary as to how to present a hygienic environment to the consumer while also allowing the possibility to test and sample products. Fragrance, skincare and makeup are sensorial, tactile items that, on a global basis, people are accustomed to experiencing before buying. What solutions are on the horizon in a post-pandemic world?
"How We Used to Shop"
Photo Credit: Charisse Kenion
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