The book Granularity of Growth was published in 2008, but it is a concept that has become especially ubiquitous today in beauty as growth plateaus in traditional sectors. As a result, marketers are forced to create new opportunities in unexpected places, and many have done so with spectacular results—to wit, Clinique’s Even Better Clinical Dark Spot Corrector, which blasted open the brightening category in the U.S. Although the stories in this issue of WWD Beauty Inc are very diverse, they have a common thread: The retailers and categories featured are all experiencing explosive growth in a period when single-digit increases are the norm.
Take the dollar store channel of retail, which is growing at a pace faster than Starbucks, reports WWD’s contributing editor and mass-market expert, Faye Brookman. This year alone, two of the biggest players will open more than 1,000 new stores combined, and the channel is expected to continue nabbing market share (and top executive talent) from drugstores and discounters. Brookman explains what this means for beauty in “Penny Press.”
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)