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Merchandise in 2022 – cashing in 

GLMTY by GLMTY
December 23, 2022
in Beauty

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FIRST HALF: In our humble opinion, 2022 wasn’t a 12 months of big innovation. Launches have been subdued in comparison with pre-pandemic but when there was one prevailing development among the many launches of the 12 months it was movie star, movie star and a bit extra movie star.

The Kardashians relaunched from their new Coty base, Kate Moss entered the wellness sphere – even Brad Pitt entered the sweetness area.  We noticed Stella McCartney debut a minimalist skin care line, Priyanka Chopra launch Anomaly on Nykaa, Deepika Padukone encourage self care with 82E, Hailey Bieber unveil Rhode and Sonmi roll out Meeth to Malaysia. We may go on however we really feel we’ve made our level.

What’s extra, the wave of movie star launches is under no circumstances over but Dua Lipa has filed a trademark application overlaying trend and cosmetics at first of the 12 months. Might movie star magnificence market on the point of turning into as saturated as movie star perfume was some 15 years or so in the past? Curiously, Dolly Parton’s recent fragrance launch was such a success, she’s launched five more and Kylie Minogue launched a new version of Darling.

SECOND HALF In the meantime, wellness continues to trend, and 2022 noticed movie star meet wellness not solely with Kate Moss’ line, as above but additionally Serena Williams’ athleisure-inspired Will Perform line. One other new idea to be developed over the course of the final 12 months is hair wellness. A number of luxurious manufacturers entered the area – Bobbi Brown’s Jones Road for one, with its Universal Hair Balm whereas Unilever snapped up Nutrafol and Wella bought Briogeo. No surprise, given Olaplex’s reported net sales growth of 38.6 percent in Q2. The skilled hair market noticed equally brisk exercise with Henkel closing on a takeover of Shsieido’s professional hair unit and Nykaa partnering with Aveda to launch premium salons in India.

Staying within the hair care area, lines designed for textured hair have continued to blossom. Helen of Troy snapped up Curlsmith and Unilever-owned TRESemme launched a Texture Certification Program to help train licensed hair professionals in treating, cutting and styling this hair type.

Lastly, the bespoke magnificence class developed additional, with Kao piloting a tailored subscription program, Victoria’s Secret unveiling an adaptive fragrance  P&G’s Olay and Pantene bringing individualism to the masses with the launch of personalized products at Walmart and L’Oréal investing in personalized J-beauty firm, Sparty.

WHAT’S NEXT? Though scanning by the 12 months’s headlines, you’d be forgiven for questioning whether or not there’s any want for a product in any respect? For the main launches of the 12 months all centred round virtual products sold in the metaverse. With Gen Z bought on gaming, magnificence is more and more trying to infiltrate the space and sell them looks for avatars – L’Oréal’s deal with Ready Player Me is a prime example.

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