Word: beautyful
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"It's a bit of a revolution," says Karine Ohana, a managing partner of Ohana & Co., a Paris-based mergers and acquisitions firm that works with many European cosmetics companies. "There is a gap in what is being offered?there is high-end or mass?and now the big beauty...
Sitting in her large office in a classic Haussmann-era building off the Champs Elysées, Jabès, 42, explains how the beauty industry is undergoing a period of major change, with more and more niche brands and organic products on the market today compared with when she bought the...
Old Europe has always been a source of innovation in the beauty sector, particularly in fragrance and skin care. François Coty made his name by selling fragrance in small, decorative bottles. L'Oréal was started by a young Parisian chemist when he invented the first safe synthetic hair...
And that's exactly the advantage and appeal of niche products, according to many owners and CEOs who say the innovative technology, the "storytelling" or the quirky branding of smaller beauty companies is what sets them apart and makes them appealing to the consumer.
Wine as beauty regimen? Aeronautically refrigerated face cream? These are not ideas you would expect to come out of a Procter & Gamble or L'Oréal, no matter how many millions of dollars such conglomerates invest in research. But for smaller brands?many of which are hot targets?the more...