Humble Growth is excited to be part of the 2024 WWD Beauty CEO Summit in Miami next week. If you're attending and interested in connecting, feel free to reach out to Sirine Benjaafar. We're looking forward to catching up, sharing insights, and exploring potential partnerships! #WWD | #WWDBeautyCEOSummit | Heather Smith Thorne | Sirine Benjaafar
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And just like that... May is over! What a whirlwind it has been. I am just now getting around to sharing all the amazing insights and updates, and I'm starting with none other than the WWD Beauty CEO Summit. Earlier this month, I had the absolute honor of attending this incredibly curated summit in Miami. The three day event brought together the creators, innovators and leaders that make this industry the powerhouse that it is! It was my first time attending and while it was completely overwhelming at first, so many beautiful people made the experience one to remember. Personal highlights for me included: 1: Larissa Jensen of Circana monumental "I'm middle aged, not dead" panel on the "forgotten" Gen X and how beauty brands can better cater to the preferences and needs of today's top-spending generation. 2: Marc S. Pritchard of Procter & Gamble discussing growing the market to reach "all and every" through creativity, innovation and ecosystems that support each market segment. 3: Richard Christiansen of Flamingo Estate conversation on building an authentic brand through their view of Mother Nature as "the last luxury house" and their innovative ability to "scale scarcity." 4: Joshua Britton of Debut take on how "the era of the hero product has not started yet" and biotechnology will greatly evolve it to be "synergistic effect between old hero and new hero ingredients.” 5: Nick Howard of EVELAB INSIGHT on the current paradigm between personalization and privacy: “can we have personalization without being personal?” Huge shout out to the WWD Team for crafting a very memorable event! #beauty #beautyindustry #beautybusiness
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🗽✨ 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
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The Department of Beauty Bureau Agency (DBBA) Unveils a Historic Bridge: Bridging the Gap Between North Carolina State Board of Cosmetic Arts and the Beauty Sectors: In a groundbreaking move that promises to reshape the very foundations of the beauty industry, The Department of Beauty Bureau Agency (DBBA) proudly announces its transformative initiative to bridge the gap between the North Carolina State Board of Cosmetic Arts and the dynamic beauty sectors across the state. This historic collaboration is set to redefine the beauty landscape, ushering in a new era of unity, innovation, and unparalleled growth. Fostering Unity: The Beauty Bridge Initiative The Beauty Bridge Initiative, a brainchild of DBBA, is a visionary effort to foster unity and collaboration among beauty professionals, the State Board of Cosmetic Arts, and the broader beauty sectors in North Carolina. This initiative is set to bridge the existing gaps, creating a cohesive ecosystem that propels the industry forward. Inclusive Partnerships: DBBA recognizes the immense value that the State Board of Cosmetic Arts brings to the beauty sector. By establishing inclusive partnerships, DBBA aims to create a united front that promotes shared goals, values, and aspirations. This collaborative approach is designed to amplify the impact of both organizations and create a more harmonious relationship with the beauty community. Industry-Wide Collaboration: The Beauty Bridge Initiative extends its reach beyond organizational partnerships, encouraging collaboration at all levels of the beauty industry. Beauty professionals, businesses, educators, and regulatory bodies are invited to join hands in creating a collective force that drives positive change. By fostering a culture of collaboration, DBBA aims to elevate the entire beauty ecosystem in North Carolina.
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I'm thrilled to announce that Beautifect has been awarded ‘The Beauty Tools Brand of the Year 2024’ by SME News Business Elite Awards! This award is a testament to our relentless drive for innovation and excellence. In just a few short years, Beautifect has become the trusted go-to brand for beauty tools that surpass anything else on the market. We are dedicated to designing and developing top-tier products that set new industry standards. Reflecting on this achievement, I’d like to share a few key strategies that have been pivotal to our success: Listening to our customers: The feedback has been invaluable. By actively listening to the needs and preferences, we’ve refined our products and services to better meet expectations and enhance experience. Innovate continuously: In the fast-paced beauty industry, constant innovation is crucial. We never settle for the status quo, always seeking ways to improve and keep Beautifect products at the forefront of the market. Celebrate achievements: Recognising and celebrating every success, big or small, keeps me motivated and reinforces my commitment to excellence. Foster a strong team: Building a passionate, dedicated team has been key. I invest in their growth and create a collaborative environment that drives success. Embrace change: The beauty industry is ever-evolving. Staying agile, adaptable and open to change helps us meet market demands. Discover the difference yourself, and I would love to hear your feedback. #awardwinning #beautytools #winner #awardwin #beautybrand #beautifect
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Founder & ShEO, Slay Media | Ink to Impact: A Writer who journeyed into Entrepreneurship | Building for India 🇮🇳
I AM BEYOND THRILLED TO SHARE THIS - 🌈 Slay Media collaborated with one of its favorite women-led brands from Shark Tank - Manetain Store for their Mane Ambassador Campaign! 💪 👉 Lessons Learned: Brand loyalty is more than just products; it's about positive interactions. Collaborating with the incredible founders of Manetain and the team taught us the art of nurturing loyalty through meaningful engagement. (I believe that I am one of the Mane Ambassadors narrating my story even while writing this post - that’s the result of positive interactions) ✨ Empowering Beauty, One Curl at a Time: Our collaboration celebrated the diversity and beauty of curly hair, aligning perfectly with Manetain's values. Working with the founders felt empowering, showcasing a commitment beyond business—a genuine passion for empowerment. Yep - Being a Curly-haired girl myself, happy to be a part of the tribe! 💪 Empowered Collaboration: Working with Manetain's founders was not only delightful but also highlighted their deep understanding and patience amid challenges. Their support is a testament to their commitment to fostering positive collaborations. 🚀 Driving Innovation Together: Collaborating with Manetain's innovative team goes beyond traditional projects. With this inspiring campaign, they are pushing boundaries to redefine the beauty industry, sparking a synergy that drives continuous innovation. 💬 Fostering a Community Spirit: Positive interactions extend to our community, especially among Mane Ambassadors. It's about more than delivering a product; it's fostering a spirit of community among those passionate about embracing unique hair textures. 🎉 Cheers to Positive Interactions and Lifelong Loyalty! 🌟 As I proudly flaunt my half-wavy and curly hair post-project, I'm not just showcasing results; I'm embodying the loyalty that positive interactions can cultivate. Huge cheers to Manetain Founders Hinshara Habeeb and Yuba Aga along with the stellar team led by Reshmi Menon, for setting the standard! 🥂 #ManetainFounders #PositiveEngagement #LoyaltyBuilding #CurlyHairEmpowerment #SlayMediaCollaboration #InnovationInBeauty #CommunitySpirit
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Not having focus is blocking you from getting beyond 7-9 figures. What is your North Star? Identify what matters the most in your business and see your team hit milestone after milestone. I so appreciate Katia Beauchamp, cofounder of Birchbox and CEO of Beckham Beauty, sharing this important lesson with our Pinnacle Global Network. When you’re clear with your goals, your team will understand that too. And there’s no other way to go but up! #scaleyourbusiness #successbeyond7figures #scaleit
The Upward Path Towards Success
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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
Leighton Richards, CEO of WelleCo
theceomagazine.com
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We gathered with NYC top fashion executives to delve into how Retviews AI Market Intelligence can solve some of the challenges that keep them up at night. Here are the 5 key takeaways of this electrifying event: 👉 Trends: Staying ahead of ever-changing consumer preferences and market shifts to ensure they're stocking what customers want. 👉 Competition: Constantly monitoring competitors and innovating to maintain a competitive edge in a crowded market. 👉 Sustainability: Meeting consumer demands for eco-friendly and ethically produced products while managing costs and complying with legislation. 👉 Assortment: Balancing inventory levels to avoid stockouts or excess inventory, which can tie up capital and erode margins. 👉 Marketing: Effectively promoting products and creating engaging marketing campaigns is essential for driving sales and building brand loyalty. Looking forward to connecting again ! #AI #fashion #technology #merchandising
Last week, we had the pleasure of co-hosting an amazing private dinner with FASHINNOVATION at New York City. We got to meet with amazing executives from brands like Thom Browne, Inc., alice olivia, and Versace. Thank you to all who came for coordinating such a great network of individuals! Watch our best moments in video ▶️👇 #SuccedTogether
Having a great moment with amazing brands!
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planarian behaviours #8 💄 Glossier: A Decade from Blog to Beauty Empire 💄 Glossier's journey from a personal blog to a $1.6 billion business in just ten years is a testament to visionary leadership and innovation. Founded by Emily Weiss, the brand originated from her blog, 'Into the Gloss,' a space where she shared her preference for a natural, minimal makeup look while working as a fashion assistant at Vogue. Recognising the potential of her growing audience, Weiss leveraged her blog's popularity to launch Glossier, a beauty brand dedicated to the “no makeup” aesthetic, bucking the conventions of the category at the time. Securing venture capital funding was a pivotal moment, transforming 'Into the Gloss' into a direct-to-consumer beauty powerhouse. Launching with just four products, Glossier quickly became a sensation. The brand's success was propelled by its unique approach to community involvement in product development, creating a strong sense of brand advocacy among its users. However, like any story of rapid growth and innovation, Glossier faced its challenges. Weiss's departure amid controversies around workplace culture and product inclusivity marked a turning point for the company. Stepping into the CEO role in May 2022, Kyle Leahy, previously Glossier’s chief commercial officer, embarked on a strategic pivot. Her leadership heralded a new chapter through a significant partnership with Sephora, marking Glossier's entrance into retail stores across the U.S. Additionally, Leahy's decision to expand the brand’s physical presence underscores a commitment to growth and accessibility. Despite fears that retail partnerships might dilute direct customer engagement, community feedback remains at the heart of Glossier’s ethos. A notable example is the reformulation of a key product to a plant-based alternative, a change driven by customer demand, which saw over 1 million sales in its launch week. Glossier's story is a brilliant showcase of how innovative thinking, a deep understanding of consumer desires, and adaptability in leadership can steer a brand through highs and lows. As Glossier embarks on this next phase of growth, it underscores the enduring power of community and the importance of listening to customer feedback in shaping product development. Let's discuss: How can other brands learn from Glossier's journey in terms of community engagement and adapting to challenges? #Glossier #BeautyIndustry #Innovation #Leadership #CommunityEngagement #planarianvoices
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