The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The mega-influencer is getting in on the recent skin care boom. Kardashian filed applications to trademark the name Skkn by Kim in March. The trademark will also apply to hair care, nail products and other categories.
In January, Coty took a 20 percent stake in her beauty business, KKW Beauty, at which time it announced plans to debut skin care in 2022. Coty is also the owner of sister Kylie Jenner’s beauty business, which similarly started with makeup and later expanded to skincare.
Shana Randhava, Priya Venkatesh, Heela Yang and Robin Tsai will join Imran Amed and Priya Rao to identify the entrepreneurs shaping the future of the beauty industry.
By selling existing formulas under their own name, retailers can tap into the lucrative beauty market without investing in custom formulations. But that doesn’t mean the private label model is an easy win.
The San Francisco-based company is hoping to tap growing consumer demand for financing for cosmetic treatments among other services.
Once thought of as long-term disruptors who would change the way we shop forever, multi-brand online retailers that sell cosmetics, skincare, fragrance and more are facing multiple headwinds.