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.”
Another fast-growing and ever-evolving channel is infomercials. The direct-response television business is booming—spending increased 47 percent in 2012 and was up 38 percent in January alone this year—but as many brands are discovering, a big spend doesn’t necessarily translate into big sales. WWD’s West Coast–based beauty reporter Rachel Brown talked to the industry’s most successful practitioners to discover what it takes to win today and the foundation brands are laying for a multiplatform future. The results are in “Small Screen Dreams.”
Mass-market hair-care brands are also looking for a big win. After years of stagnant growth, the category has been energized in the past 16 months by an onslaught of launches—more than 500 new stockkeeping units alone from the industry’s biggest names. This generation of innovation has a singular goal: to transform consumer’s behavior and convince women to evolve their hair-care regimens into multistep programs that mimic skin care. “The hair-care market is undergoing a massive, long-term transition,” Unilever’s Gina Boswell told beauty financial editor Molly Prior. “Increasingly hair consumers are becoming more sophisticated and understanding that products work as a regimen of wash, care and treatment and they are willing to invest.” The early numbers bear out Boswell’s optimism. Find out how the market is expected to evolve this year in “Maximum Volume.”
There is another theme running throughout this issue: an emphasis on West Coast brands and leaders. You’ll find Benefit’s Aurelian Lis in “Master Class,” skin-care entrepreneur Ole Henriksen in “Private Lives,” and the hottest young Hollywood makeup artists and hair stylists in “Red Carpet Whiz Kids.” Although he brings a unique sensibility to the industry, Lis’ ideas about beauty are universal. “We all work in the cosmetics industry, which is inherently frivolous by nature, but it makes a big impact on people’s lives,” he says. “It is an awesome job. And very motivating.” I couldn’t agree more.
5 Key Points From This Issue
1. TUNE IN: The infomerical channel is growing and becoming increasingly integrated with other platforms.
2. REGIMEN CHANGE: Hair-care marketers are trying to grow the pie by transforming women’s habits.
3. VALUE ADDED: Dollar stores are booming, proliferating even faster than Starbucks.
4. GOOD TIMES: Why making people laugh is good for sales.
5. POP TOPS: Bright colors are all the rage for spring.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)