Reporter – US
Latest From Eileen Francis
The French beauty giant plans to launch its Colorsonic at-home hair color device with oscillating nozzle in early 2023. L’Oreal showcased the product, along with a breakthrough hair color “reader” and custom mixing system for salon use, at the CES 2022 tech show in Las Vegas.
Beauty merger and acquisition activity accelerated in the US last year, with 75 deals by mid-October 2021, versus 48 in the prior-year period, according to investment banking firm Capstone Partners’ recent Beauty & Wellness report.
Pop star Rihanna’s Fenty Beauty brand accounted for more than a third of global celebrity beauty brand sales in 2021, finds sports betting site OLBG.com. Jessica Alba’s Honest Company and Kylie Jenner’s Kylie Cosmetics finished second and third, respectively.
Today’s global supply chain is trying, but there’s opportunity amid the frustrations for companies to strengthen vendor and customer relations that pay off down the road, according to contract manufacturing and consumer product CEOs speaking to HBW Insight.
Ingredients for immune health supplements are in short supply as high demand persists in the US. CEOs Mark LeDoux of Natural Alternatives International and Jim Emme of NOW Health Group, both on the Natural Products Association’s board of directors, discuss ongoing supply issues and best practices to avoid problems.
Overall US makeup sales in the US were still lower in 2021 (to 4 December) compared with pre-pandemic figures, but a number of sub-categories showed marked improvement late in the year, according to a Jefferies Equity Research report. Notably, eye makeup sales rose 1.9% in the final weeks of the analyzed period.