DIBS Beauty’s Post

A Glimpse into the Future of Beauty: Insights from Today’s Panel 🌟 Hosted by Jennifer Griffin Smith (She/Her) : Our CMO at Acquia steered a thought-provoking panel, delving deep into the nuances of inclusivity in the beauty industry. ✨ Simi L.: Stressed the importance of genuine commitment. Brands need to ensure that their technology and product offerings genuinely serve diverse needs, beyond just representation in campaigns. ✨ Sylvan Guo: Highlighted the timeless nature of beauty. With “fine lines and wrinkles” being the top searched term on her platform, it’s a reminder that beauty is ageless and diverse. ✨ John Berry: Reinvented our perspective on DAM, showcasing its potential as a comprehensive brand management tool that ensures consistent and meaningful messaging. With such invigorating insights, it’s clear the future of the beauty industry is both bright and inclusive. Here’s to more innovation and meaningful conversations at INNOCOS beauty influence network! #BeautyInclusivity #DigitalAssetManagement #FutureOfBeauty #BeautyTech #BrandAuthenticity

WelleCo has always been at the forefront of the ingestible beauty movement, which is why CEO Leighton Richards is particularly confident about the future as a growing number of consumers jump on the trend. Have a read below 🤓 #ingestiblebeauty #beautyfromwithin #success #leadershipskills #businessinsights #careerdevelopment #goals #beautyindustry #theceomagazine

When Australian model Elle Macpherson founded ingestible beauty company WelleCo in 2014, she essentially created an entirely new category. As the beauty-from-within movement gathers momentum, our CEO Leighton Richards sees great potential. He recently shared his perspective on WelleCo's future and the promising prospects of the ingestible beauty category with the The CEO Magazine Global. Read more via the link below. #ingestiblebeauty #ceomagazine #beautyindustry

[A Journey to Second Place at Network to Grow Business Case Competition] We're excited to share our exhilarating journey securing second place at the Network to Grow Business Case Competition🥈 This prestigious competition brought together bright minds from across the globe to tackle real-world business challenges and showcase innovative solutions. With passion and perseverance, Yufada Hafidzah Prana and Alifaid Muhammad Bailusy represented our team with distinction. In the case presented by BeautyFit, we delved into the dynamic world of skincare and sought to address pressing industry challenges. As a skincare brand committed to skin revitalization and health preservation, BeautyFit faced hurdles in finding sustainable packaging solutions that aligned with its ethos. The case posed intricate questions about eco-friendly packaging materials, supply chain optimization, and customer engagement strategies. Our proposed solutions aimed to revolutionize BeautyFit's packaging paradigm. By advocating for the use of Glass for skincare dropper bottles, BioResins packaging with Seaweed, and Sugarcane Fiber for outer packaging, we proposed a holistic approach to sustainability without compromising product quality. Additionally, we emphasized the importance of transparent communication channels and customer-centric initiatives to foster brand loyalty and trust. While securing second place was an incredible achievement, the journey itself was invaluable. It taught us the importance of collaboration, critical thinking, and adaptability in navigating complex business landscapes. As we reflect on this experience, we're grateful for the opportunity to learn, grow, and make a meaningful impact in the world of business. Onwards and upwards, with newfound wisdom and determination! 💼✨ #BusinessCompetition #Networktogrow #Innovation #Teamwork #BeautyFit #180dcits #dwdgits

🗽✨ ICYMI - Earlier this week, Beauty Independent hosted its third edition of the Dealmaker Summit in New York City! This forum brought together industry professionals and beauty lovers to discuss dealmaking at a granular level, with a strong focus on past, current, and future trends backed by data. 💼💄 I wanted to participate because the beauty sector is highly attractive, with a significant volume of deal flow and incredible storytelling. Here are my TOP HIGHLIGHTS from the summit: 💡 What makes a beauty brand stand out in 2024? According to the “State of Dealmaking” panel, including Rich Gersten of True Beauty Ventures, two key factors stand out: AUTHENTICITY and SCIENCE INNOVATION in the forefront. Think about loyalty, customer retention rate, community building, and clinical studies. These are crucial indicators aka green flags for beauty investors. 🌟 Celebrity Beauty Brands: Hit or Miss? It depends on the brand’s strategy for longevity. A crucial point discussed by moderator Taylor Bryant is that any celebrity beauty brand aiming to be a legacy brand needs to ensure it can stand on its own without relying on the celebrity's presence in the long run. 💖 It was also refreshing to speak with Kimberly Villatoro, CEO of Patrick Ta Beauty. The brand has top-quality makeup products, and the artistry resonates strongly through each launch. They are a great example of not relying too heavily on the celebrity's status for success—the product speaks for itself. 👀 Future Trends to Watch:  There is a significant amount of white space—or should I say brown space—for prestige beauty brands led by founders of color on a global scale. The beauty landscape overwhelmingly remains Eurocentric, but brown beauty has made and continues to make significant strides. I am eagerly looking forward to seeing this shift unfold. 💛 Lastly, I want to express my sincere appreciation to the team at Beauty Independent— Claire McCormack, Rachel Brown, Jane Carlson, and Nader Naeymi-Rad and everyone else—for curating such an exceptional summit. Attending my first Dealmaker Summit has been incredibly insightful and inspiring, setting a high standard for future engagements in the industry! #LatinaExcellence #DealmakerSummit #BeautyIndependent #EmergingTrends #WomenInBeauty #InclusiveBeauty #BeautyInvestment #LatinainVC

"Join CEO Tonja Lindsay, the driving force behind Phenomenal Cosmetics Inc., as we explore the transformative power of beauty from within and beyond. Discover the story behind the brand, its mission to empower, and the journey towards embracing beauty, inside and out. Tune in for an inspiring conversation on 'Empowering Beauty: Inside and Out.' 💄✨ #EmpowerWithPhenomenalBeauty"

This the WHY for what Women Empowering Nations is doing. It’s been amazing to invest in Black women leaders around the globe. The future is so bright. ✨ Learn more about WEN and how you can be part of our work at our free virtual event tomorrow, July 29th at 10am CST. Register at www.wenations.org. #blackwomenlead #investinwomen #socialentrepreneurship #socialimpact

🚀 Puig's strategic move with the acquisition of #DrBarbaraSturm isn't just about skincare dominance – it's a power play in the luxury beauty game 👑 In the past few years, PUIG has added some heavy hitters to its roster: ✨ Charlotte Tilbury Beauty in 2020 ✨ BYREDO in 2022 ✨ Dr. Barbara Sturm in 2024 What sets these brands apart? These are markedly *brand-first* businesses with tactics to match. Not derma brands, who are driving growth in the skincare category across the L'Oréal catalogue. Not clean beauty brands, who continue to grow in both consumer demand and retailer support. But brands who have a clear consumer (hi our 2024 predictions; Specialist vs Generalists) and offer clear value to the rest of PUIG's roster: ✨ Charlotte Tilbury - social & advocacy ✨ Byredo - creative & storytelling ✨ Dr. Barbara Sturm - VIP & celebrity With these acquisitions, PUIG is able to absorb winning strategies for today's beauty world. As PUIG's net revenues reached €3.62BN in 2023 (a whopping 40% YoY increase), rumours of a potential IPO are buzzing 🐝 It looks like PUIG is gearing up to break into the global Top 10 Beauty businesses soon 🌐💄 Keep those eyes peeled 👀 #PUIG #BeautyBusiness #LuxurySkincare #LuxuryBeauty

Very interesting Norfolk Network's 'Old to Bold' workshop last night, where Chris Bosher and Darrel Williams from Borne provided invaluable insights into the intricate process of rebranding. A stark reminder that it goes beyond mere cosmetic changes; it's a strategic evolution. Grateful for the inspiring discussion on the nuanced aspects of brand transformation. Thanks to Lucy Marks for arranging another thought provoking workshop. #NorfolkNetwork #Rebranding #BusinessInsights"