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.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"