The PCA Companies’ Post

Based on published data, we have summarized the sales of 20 international beauty groups for the first half of 2023.(in hundreds of millions of euros).📊 P.S. 1. all count sales by natural year (January-June 2023) 2. #Colgate counts the oral, personal and home care business; #Henkel counts the consumer products business; The rest of the Group counts #Beauty, #Fragrance and Personal Care or all of the Group's businesses. 3. Refer to the exchange rate on the day of the Group's earnings release, calculated in euros, for reference only.

Amyris is exiting the celebrity beauty business. Just days after shutting down three of its labels, including Brazilian skin, hair and fragrance line Costa Brazil and clean beauty retailer Onda Beauty, the company filed for Chapter 11 bankruptcy protection and said it would sell off its remaining brands. According to a Delaware bankruptcy court filing, the company listed estimated assets in the range of $500 million to $1 billion and liabilities in the range of $1 to $10 billion. Amyris said it had secured a $190 million financing commitment from Foris Ventures to support continued day-to-day operations. The bankruptcy filing caps off a tumultuous year for Amyris. In February, it sold its proprietary sugarcane-derived squalane ingredient to Givaudan for $200 million cash and $150 million in performance-based earnouts, a deal it previously expected to yield $350 million cash. Read the full story on why the manufacturer-turned-incubator has filed for Chapter 11 bankruptcy and put its consumer businesses, including lines from Jonathan Van Ness and Rosie Huntington-Whiteley, up for sale.

💎 The creation of a 340B dollar diamond jewelry market, 90% owned by De Beers, is a fascinating tale of marketing and monopoly. Some stats for context: • In 1940, 10% of American women received diamond engagement rings. • By 1990, the figure skyrocketed to 80%. 🌍 How did De Beers, a global diamond monopoly, do this? Let's delve into history. Founded in 1888, De Beers saw Ernest Oppenheimer join its board in 1926. Eventually becoming CEO, he seized control of diamond trade, dictating both supply and demand. Diamonds were a symbol of royalty before the 19th-century. However, the South African diamond rush flooded the market, driving down demand and prices. To maintain high demand, De Beers harnessed their monopoly to limit supply. 🎯 Goal: Transform the engagement tradition. The idea? Convincing men that diamonds were the ultimate symbol of romance and success. Women should see them as engagement essentials. Phase 1: Celebrities and diamonds were linked in public perception. Phase 2: De Beers paid for diamonds to be showcased in movies, instilling them as a symbol of love and status. The bigger the diamond, the greater the love. Phase 3: "A Diamond Is Forever" - a slogan crafted in 1947 that turned diamonds into symbols of eternal love. It also cleverly addressed the resale value issue, ensuring perceived value remained high. Phase 4: High school lectures across the U.S. exposed young girls to the idea of diamond engagement rings. Phase 5: Ideas like the "right-hand ring" and "eternity ring" were introduced to further embed diamonds in societal norms. Phase 6: The diamond demand created in the U.S. was replicated in other markets. In Japan, diamond engagement rings went from being a rarity (less than 5%) to a norm (over 60%) between the 1960s and 1981. Despite numerous scandals and allegations, De Beers' monopoly and ingenious marketing strategies continue to shape the diamond industry. It's a potent reminder of how market perception can be meticulously crafted and controlled. #DeBeers #DiamondIndustry #MarketPerception #BrandStrategy #MarketingStrategy #EngagementRings

Korean Beauty Industry Achieves Record High Exports in First Quarter Read The News: https://lnkd.in/ezTdyEXh #ITCNewsUpdates #KBeauty #CosmeticExports #InternationalTrade #BeautyIndustry #ExportGrowth #EconomicNews #GlobalTrade #ExportSuccess #BreakingNews

How we supported Jones & Modha in their growth. 🙌      Jones & Modha are a natural, unisex perfume made with consciously sourced plant-ingredients, expertly blended in Somerset. They needed a reliable fulfilment partner that aligned to their core values, so they could focus on the bigger things: Taking perfume back to its roots!      Find out how we empowered Jones & Modha, and how we might be able to support your growing ecommerce business >     https://lnkd.in/etiDvqxg  #ecommercefulfilment #fulfilment

Exciting News Alert! We are thrilled to announce a groundbreaking partnership between Juliette Armand Australia and Home of Aesthetics launched by the amazing Jessica Goldenberg and Sophie Lucas. In our continuous pursuit of excellence and innovation, joining forces with Home of Aesthetics will help bring a new era of convenience and quality to the beauty industry. Here's why this collaboration is a game-changer: - Premium Brands, Wholesale Prices: Home of Aesthetics is your one-stop destination for premium beauty brands at wholesale prices. - Effortless Stocking: Stocking up on essential products and services will now be a whole lot easier. Spend less time sourcing and more time serving your clients. - Diverse Portfolio: From skincare essentials to cutting-edge aesthetic solutions, our partnership offers a diverse portfolio of products to cater to all your clients' needs. At Juliette Armand Australia, we're committed to empowering beauty professionals with the tools and resources they need to thrive. This partnership exemplifies our dedication to elevating the industry and fostering success for all involved. Join us in celebrating this milestone and embrace the future of beauty wholesaling with Juliette Armand and Home of Aesthetics. Together, we're shaping the landscape of beauty one partnership at a time. #JulietteArmandAustralia #HomeofAesthetics #BeautyWholesaling #Partnership #Innovation #BeautyIndustry #PremiumBrands #WholesalePrices

Exciting News Alert! We are thrilled to announce a groundbreaking partnership between Juliette Armand Australia and Home of Aesthetics launched by the amazing Jessica Goldenberg and Sophie Lucas. In our continuous pursuit of excellence and innovation, joining forces with Home of Aesthetics will help bring a new era of convenience and quality to the beauty industry. Here's why this collaboration is a game-changer: - Premium Brands, Wholesale Prices: Home of Aesthetics is your one-stop destination for premium beauty brands at wholesale prices. - Effortless Stocking: Stocking up on essential products and services will now be a whole lot easier. Spend less time sourcing and more time serving your clients. - Diverse Portfolio: From skincare essentials to cutting-edge aesthetic solutions, our partnership offers a diverse portfolio of products to cater to all your clients' needs. At Juliette Armand Australia, we're committed to empowering beauty professionals with the tools and resources they need to thrive. This partnership exemplifies our dedication to elevating the industry and fostering success for all involved. Join us in celebrating this milestone and embrace the future of beauty wholesaling with Juliette Armand and Home of Aesthetics. Together, we're shaping the landscape of beauty one partnership at a time. #JulietteArmandAustralia #HomeofAesthetics #BeautyWholesaling #Partnership #Innovation #BeautyIndustry #PremiumBrands #WholesalePrices

I CAN'T GET ENOUGH OF THESE POWERFUL CONVERSATION - and this is the last one in this series! This was a powerful interview - so calm and chilled, yet full of insights that are great! Two top highlights for me. #ROYALJEANS: We unpack how Meghan Markle ended up buying Tshepo Jeans. It was through word of mouth - Tshepo gave the best service to someone who then later told Meghan about their experience. #PURPOSEANDIMPACT: How what could have been a fatal accident gave Tshepo perspective to focus on what is important and his brand - “I’m now existing in a space of purpose and impact” Check out these key conversations point below: #1 Growing up in Tsakane, inspired to come to Johannesburg after seeing the Jo’burg city skyline on Generations (That’s every young black child) #2 Being raised by women, and how he paid homage to the women who raised him through the Tshepo brand #3 He first studied film because he was a storyteller, but pivoted into fashion #4 How dropping out of his studies was a blessing in disguise and how dropping out was the fuel he needed to achieve his goals and dreams #5 How he named his brand “Tshepo” #6 Unpacks why black Africans lacks confidence, and that the brand name “Tshepo” is intended to inspire confidence in us #7 Design or creative requires confidence #8 A crisis or challenge is an opportunity - an opportunity to educate, tell your story and set the record straight #9 “I am one of the few people to use a generic, black name and put a premium price to it”  #10 Speaks about how the name “Tshepo” has inspired and given young entrepreneurs confidence to create brands using their own names, identities and are also price with unwavering confidence.  #11 “African is not just patterns, we can do amazing stuff… the best cotton comes from Zimbabwe, there are 800 different species of indigo die (blue of the jeans), 600 of them come from the continent, the jean and how is made was inspired by the continent - so the key ingredients, come from the continent” #12 Challenges as a business owner - balancing between being a creative, a designer, whilst having to be an entrepreneur in the business, and having to deal with owning a business that has responsibilities such as salaries, etc.  #13 Finding the right people is one of the hardest things, people with the right attitude and skills.  #14 We’ve had customers from #Paris, #NewYork, #Sweden, #Amsterdam, #LA - all through the power of social media and word of mouth. We were positioned for a global customer. #15 Don’t take advice from everyone, because only you know your vision. https://lnkd.in/dRW4-4XW

The indy beauty market has been growing at an incredible pace, pushing beauty manufacturers into the limelight. When I began my career, contract Manufacturer's (CMO's) were mostly the "average joe" in the industry, yet today, CMO's, are now the "rock stars" at the center of some of the biggest innovations in our industry. With this newfound attention, the topic of NDA's, confidentiality, and secrecy between brands & CMO's has become increasingly important. Thank you Rachel Brown, for including me in what I hope will be the first of many industry discussions around this topic! #beautyindustry #CMOs #confidentiality #secrecy #NDAs

Tyra Banks (Photo) was the 1st black supermodel to grace the cover of Victoria’s Secret AND Sports Illustrated. Now she’s making moves in the biz world with her ice cream brand- SMiZE & DREAM. Even though Tyra’s ice cream brand is relatively new, there’s a ton of proof that supermodels can be amazing business people: 3 other examples of models who’ve done well in the consumer industry: 👉1) Iman MA., CEO of Iman Cosmetics: - Iman retired after 14 yrs of modelling - started w/ 4 formulations, 14 foundation tones - razor focussed product on only women of color - secured partnerships Procter & Gamble + globally - achieved $12 million sales in year 1 - and $30 million in year 2 👉2) Elle M., CEO of WelleCo: - launched plant based beauty products, supplements - hired nutritional doctors for design elements - the brand earns ~$25 million/ year 👉3) Kimora L., CEO of Baby Phat: - launched the global lifestyle brand in 1999 - revenue: $30 million in first 2 years of operation - valuation crossed $99M later - Continued expansion in jewelry, accessories, fragrances Tyra is positioned well to lead SMiZE & DREAM, just like the other consumer products I've talked about above: We talked about how she’s thinking about strategic positioning of her brand in the market. She’s picked UAE for her initial expansion efforts. Tyra designed a lot of her ice cream’s branding herself, is easy to talk to, AND has a cool sense of humor 😎 I think she has an amazing adventure ahead of her. Excited to see her do well :) #supermodels #startups #icecream