Personal care major Johnson & Johnson (J&J) has reported a significant surge in net earnings for the second quarter (Q2) of 2021, largely propelled by its medical device and pharma divisions, but consumer health also returned to growth.
International beauty major L’Oréal has developed a digital system that analyses protein biomarkers in the skin and predicts trends likely to be experienced because of these, enabling highly customised formulations and more suitable product recommendations.
Beauty and personal care products that are inclusive with neutral messaging will firmly take centre stage as the new standard in skin care and makeup, likely prompting a retail re-think in coming months, according to GlobalData.
The plethora of influencer-created beauty content online continues to swell worldwide, and brands should monitor it closely as it provides an important feedback loop that can unlock innovation and power business growth, says a specialist.
The beauty industry needs to shun consumerism, stop confusing consumers and invest in infrastructure, packaging technology and manufacturing if it is to begin to address the enormous plastic challenge, says the CEO of the British Beauty Council.