For today’s luxury shopper considering the virtues of a TOTEME bucket bag or The Row’s Margaux, a go-to resource has emerged: Substack. #substack Read more: https://lnkd.in/eMb22dZ7
About us
Glossy is a daily publication exploring the intersection of fashion, luxury and technology. Launched in 2016 by Digiday Media, Glossy covers this intersection with sophistication, depth and honesty -- and a bit of fun. Digital is the impetus behind almost every decision right now: With online sales of luxury goods growing four times faster than offline, where brands spend their money and their resources has shifted as well, and Glossy will be covering it every step of the way.
- Website
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http://glossy.co/
External link for Glossy
- Industry
- Business Content
- Company size
- 51-200 employees
- Headquarters
- New York City, NY
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Beauty
Locations
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Primary
26 Mercer Street
New York City, NY 10013, US
Employees at Glossy
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Tony Case
Journalist
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Lexy Lebsack
West Coast correspondent @ Glossy.co | Award-Winning Reporter, Editor & Host
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Sara Spruch-Feiner
Senior Reporter at Glossy
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Zofia Zwieglinska
Zofia Zwieglinska is an Influencer International Fashion Reporter at Glossy | LinkedIn Top Voice for Fashion & Beauty 2022 | Speaker on fashion sustainability, innovation and web3
Updates
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Six months after being named president of the travel retail company Duty-Free Holdings, fashion industry veteran James Mullaney has defined a five-year plan to grow the company — currently doing $200 million in annual sales — to a $500 million business by 2026. The vision includes accelerating the growth of a new business division catering to private-jet travelers and boosting #skincare, #cosmetics and #fragrance sales to at least 30% of the business in the next year. Alcohol is currently dominating sales, followed by tobacco. Story by Jill Manoff
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The #holidayshopping season is traditionally the most important sales time of the year for brands and retailers, but for the last two years, brands have approached the season with cautious optimism. This year, brands are feeling much better about their holiday sales going into the season. That’s based on new Glossy+ research based on a survey of brands and retailers about the upcoming #holidayseason. Story by Danny Parisi
Brands are showing more optimism for holiday sales, compared to last year
https://www.glossy.co
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When asked about their #revenue expectations, a plurality of brand and retailer respondents (35%) said they expect sales to be up between 11-30% compared to last year’s holiday season. Comparatively, only 20% said the same in 2023 and only 6% in 2022. #holidayshopping #holidaysales Read more: https://lnkd.in/e7H5JWFU
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The #beauty industry is currently experiencing a packaging “classification,” with more brands replacing plastic #packaging with glass to better appeal to environmentally and health-conscious consumers. This has been partially fueled by daunting statistics about the overall ecological impact of the beauty industry, which creates around 120 billion units of trash each year, according to environmental watchdog TRVST. While climate change, extreme weather, and water and food shortages are U.S. consumers’ biggest environmental concerns, according to a consumer study released in September by Mintel market research company, recycling is the most common way in which consumers practice #sustainability. In this piece by Lexy Lebsack, we speak to Laura Hennemann of Strategic Materials, and Ukachi Anonyuo of The Estée Lauder Companies Inc.
Estée Lauder Companies releases glass packaging best practices informed by a multi-year study
https://www.glossy.co
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When skin-care brand Clinique launched Happy in 1997, the citrus-floral scent helped define ’90s minimalism with its clean, silver-capped bottle and cheery campaigns. And better yet for #Clinique, the refreshing aroma managed to translate the famously fragrance-free beauty brand’s ethos into perfume. Now Clinique is hoping to reignite Happy with a new generation of fragrance consumers. On October 1, the Estée Lauder-owned beauty brand launched a body mist version of the ’90s scent to target #GenZ fragrance buyers. A new campaign featuring Rosemary Clooney’s rendition of “Shine” recreates the nostalgic cheer of the original 1997 advert that used Judy Garland’s “Get Happy.” #fragrance Story by Emily Jensen
Clinique reinvents Happy for the body mist generation. Will Gen Z take a whiff?
https://www.glossy.co
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As scrolling and online shopping become increasingly personal experiences — thank you, algorithms — consumers are demanding personalization in more areas of their lives. This is evident when considering the rise of personal wardrobe stylists, luxury product sourcers and at-home library curators, the businesses of which are in expansion mode.
In the algorithm era, personal curators are catching on
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When it comes to #luxury pricing of new and noteworthy ingredients, the ceiling seems limitless. Currently, top retailers like SEPHORA, Neiman Marcus Group and VIOLET GREY offer creams and serums from LA MER, La Prairie Switzerland and LYMA that retail for $655, $1,590, and $655, respectively. This is thanks, in part, to active, fermented or clinically-tested ingredients that show noticeable change to the skin through scientific studies. #skincare
The factors driving luxury skin-care pricing in 2024
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The digital #luxury landscape has greatly evolved since 2000 when NET-A-PORTER launched and challenged the notion that people won’t buy high-cost #fashion online. For starters, it’s become increasingly fragmented and competitive, with resale platforms entering the equation and specialists in categories from watches to sustainable fashion sprouting up. Many platform launches came pre-pandemic when the draw was the opportunity to operate like a tech company — without costly stores and even inventory, depending on the business model. At the time, customer acquisition costs were not yet crippling.
The future of luxury e-commerce
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“When I was a teenager trying to be an actor, I saw pictures of actors with gorgeous, perfect skin. I didn’t see actors talking about acne or skin issues,” actress and Personal Day founder Lili Reinhart said. “If these issues were being talked about, it was on the cover of a magazine with a headline like: ‘Look at these celebrities looking fucking ugly without makeup.'” She added, “People associate acne with being dirty and having dirty skin, and that creates a feeling of shame. I have people who are 50 years old messaging me on TikTok saying, ‘Thank you for talking about your acne because I still deal with it today.’ I’m thankful that whatever I’m posting out there is resonating. And I want our line to resonate with someone who is 14, and someone who is 40.” #mentalhealth #acne #skincare
With her new brand, Lili Reinhart wants to start the conversation about acne
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