BEAUTY CARE

What’s Next: Makeup in New York comes back bigger than ever

BY Lonni Delane

Makeup in New York is growing, and each year the show attracts more vendors and more guests, not only from the US but internationally. The number of participants for this year’s show swelled to over 2500, up 15% from last year, with many coming from Canada as well as France, Japan and Korea.  The number of exhibitors also increased by 20% to a total of 110. In anticipation of this, the event stepped up to bigger and better accommodations at the Penn Plaza Pavilion on Seventh Ave. between 32nd and 33rd streets. 

One of the event’s strongest features was its dynamic series of conferences designed to educate beauty industry professionals. They offered a range of cutting edge topics that are impacting the industry today. Florence Bernardin of Info & Inspiration returned for another conference on one of the hottest topics in beauty — the emergence of the Korean market. There was also a conference on The Digital Revolution in Beauty led by Julien Decoster of Worldline and Jing Wang of Fung Business Intelligence Centre. Leading research firm Mintel was there to support the event and also offer a Global Trend Update for Color Cosmetics.

This year’s show tested the waters by presenting two new competitions to encourage and showcase new innovations in beauty. The Innovation Tree was a breathtaking structure that featured 26 winning products from the show’s participating manufacturers. Makeup in New York also hosted a competition for 12 teams from American universities to see what they could come up with for the theme of Packaging Innovation and they plan to expand the field internationally next year.

Of course, the main event was the vendors. This is the show where the usually silent partners in the realm of manufacturing come out to take center stage. Leading manufacturers like CTK, Livcer and Alkos who work with some of the best-selling brands in the business like NARS, Clinique and IT Cosmetics were there to show the crowd what’s next in the world of beauty, and the products did not disappoint.

The Color Group — Custom Lipstick Embossing
Embossed lipstick bullets are a signature statement of luxury that one expects from high end brands like Dior. Canadian manufacturer The Color Group has developed a breakthrough technology using silicone molds to make this design accessible to smaller brands and start ups. They can offer flexible contracts as low as 1,000 pieces per shade.

Cosmetic Group USA — Cream to Powder Baked Eye Shadow
Where most baked products start as a powder with a small amount of liquid, CGUSA has developed a proprietary process of “slurrying” to keep moisture in the product. The result is a creamier texture with higher moisture and higher pigment retention.

Livcer — Frozen Masks
Livcer has developed a frozen mask that is delivered in the form of cubes that you pop in freezer. They created a version with cucumber to sooth and de-puff the eyes for Peter Thomas Roth that has become one of the brand’s top sellers.


What’s Next is a new feature of Drug Store News, written by consumer beauty blogger Lonni Delane. The goal is to help give beauty merchants the cutting edge they need to stay ahead of the latest and greatest beauty trends.

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PwC: Savvy retailers will target consumer subsegments this holiday season

BY Michael Johnsen

NEW YORK – The majority of consumers will likely spend the same or slightly more this holiday season compared to years past, the PwC 2015 Holiday Outlook released Tuesday suggests. However more retailers are targeting subsegments of consumers to help capture a greater share of the holiday season spend. 
 
While the majority of consumers will likely spend the same or slightly more this holiday season compared to last year, the "survivalists" (shoppers with household incomes less than $50,000 per year) continue to face a challenging economic environment and have indicated that they will be spending less. Millennials – which represent 75 million people – are now a major force in the consumer markets and will spend a larger share of their holiday dollars on experience-related purchases, and selectionists (shoppers with household incomes more than $50,000 per year) have a greater interest in distinctive brands and innovative products. 
 
PwC forecasts that today's consumer preferences and economic realities will likely make the 2015 holiday season one of the most interesting we have seen in years. Holiday season winners will likely be successful by strategically engaging the millennial and "selectionists" shoppers with compelling brands, experiences and innovative products or by serving the survivalists with an emphasis on value through strategic pricing, discounts and promotions.
 
"While our survey found that on average, consumers plan to spend $1,018 during the 2015 holiday shopping season, retailers are less concerned with these types of predictions this year and have prioritized engagement with the distinct shopper segments and building long-term relationships," said Steven Barr, PwC's U.S. retail & consumer leader. "The leading retailers are employing aggressive strategies in both the physical and digital channels to establish meaningful relationships with these segments – which is why we believe the biggest winners of all this holiday season will likely be the consumer as it is, without a doubt, a buyer's market."
 
PwC outlined 10 big trends that are expected to drive the 2015 holiday shopping season:
 
  1. Holiday spending: is the glass half full or half empty? Consumers are cautiously optimistic this holiday season with 53% indicating they will likely spend about the same as last year and 32% indicating they will likely spend more than last year. Of all age groups, young millennials – aged 18 to 24 – indicated they are the most optimistic;
  2. Income levels drive survivalists and selectionists Retailers are dealing with two very different categories of shoppers. Survivalists want the best deals as they simply have not felt the benefit of an economic recovery; consequently, they will likely spend less this holiday season than they did last year, with a preference for gift cards. Selectionists have a distinctive brand appetite and are more likely than others to spend on travel, entertainment and the latest in personal electronics. They're avid online shoppers and plan to spend slightly more this holiday season than last year. Overall, the most popular items this holiday season will likely focus on health and wellness, athletic leisure and innovative products and will likely fall within the following categories: gift cards, toys, clothes and shoes, accessories and home electronics;
  3. Millennials matter Millennials (aged 18-34) are the retail prize this holiday season. They are primed to potentially spend $63 billion this holiday season, which would be more than they spent last season. And they crave diverse experiences: 52% of their holiday spending will likely go toward experience-related purchases such as travel and entertainment, versus 39% for older shoppers. Interestingly, millennials ranked online shopping lower on their list of preferred channels after department stores, mass merchandisers, and specialty stores than older shoppers. This is in keeping with their thirst for experiences as they want to be able to see, touch, and feel the merchandise;
  4. Savvy shoppers choose discounts, promotions All shoppers love a great bargain. In fact, the majority of holiday shoppers surveyed said price is a major factor influencing their holiday shopping decisions. But, there are differences when looking at the survivalists and the selectionists. As many as 90% of survivalists responded that price is the No. 1 factor influencing their holiday shopping decisions while nearly 60% of the high-end of the selectionists indicated quality merchandise as a major factor in their holiday shopping. Shipping figures prominently in online purchasing decisions: 83% of shoppers said standard free shipping would make them extremely likely to make a purchase. Free returns, both in-store and online, also play a role in shopping decisions with 67% of shoppers wanting to return online purchases in-store;
  5. Beyond Black Friday . . . the long reach of the shopping season All the anticipation around and build-up to Black Friday is less relevant as shoppers are seeking deals earlier in the season. As a result, the ever-expanding holiday shopping season includes late October and the entire month of November; consumers will likely complete more holiday shopping (29%) before the start of Black Friday week than during (26%);
  6. The power of brand As many as 86% of consumers will likely only shop brands they trust. Millennials are twice as likely to shop brand leaders as older shoppers, energized by the thrill of innovation. Generation Z is even more brand-savvy as their awareness of entertainment, computer, mobile, gaming and social media brands is upwards of 80%;
  7. It's the interaction; not the transaction Almost 60% of consumers will likely shop in-store this holiday season because they want to see, touch and try the merchandise. In fact, so many shoppers want an in-store experience that some previously online-only retailers have established a physical store presence. And, the leading retailers are improving their in-store experience to surprise and delight the consumer;
  8. Digital growth continues its upward trajectory As many as 66% of retailers plan to increase their digital investment in the next 12 months and 77% expect a 16% increase over last year in digital revenues this holiday season. And, PwC believes the leaders in online shopping will likely experience 40% to 50% increases in digital revenues. Areas of investment include mobile technology, advanced logistics aimed at faster real-time delivery, and enhanced purchase methods such as buy online and pick up in-store. However, consumers draw the line at using their phones for mobile payment: 61% prefer using traditional payment methods such as cash (preferred by survivalists), credit card (preferred by selectionists), debit card, gift card or personal check;
  9. What role does cybersecurity play? More than 40% of consumers say a security breach in the last 12 months would likely affect their holiday shopping at a particular retailer. Millennials are even more concerned (52%) than shoppers over 35 (38%). Well aware of consumer concerns, both retailers (70%) and manufacturers (60%) are shoring up measures to address cybersecurity;
  10. It's a mad, mad world The global economy has recently experienced significant volatility in the equity, currency and commodities markets. Wages in the U.S. have yet to break out of their low growth slump especially for the survivalists and negative headlines can weigh heavily on consumer sentiment. Retailers and manufacturers rank the economy as the greatest impediment to a successful holiday shopping season, followed by consumer confidence.
 
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New Bio-Oil documentary raises money for burn survivors

BY David Salazar

 

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Burn Survivors Tell Their Stories

Posted by Bio-Oil USA on Sunday, October 4, 2015

ALISO VIEJO, Calif. — Scar and stretch mark product maker Bio-Oil announced Monday that they have launched a campaign to raise money for burn survivors and benefit burn injury nonprofit, the Phoenix Society. 

The company has made a documentary profiling burn survivors and posted it to the Bio-Oil Facebook page. Every time the video is shared, the company will donate $1 to the Phoenix Society up to $25,000, to be presented at the organization’s World Burn Congress on Oct. 21.

The video profiles five burn survivors and their stories, as well as the difficulty of their recovery, both physical and emotional — something that more than 486,000 people treated for burn injuries every year face. The video is embedded above. 

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