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.
Video calls are pushing a growing number of Japanese businessmen to pay attention to their skincare and makeup, Shiseido officials told the Associated Press.
Japan’s men’s beauty market has traditionally been driven by younger consumers in their 20s, but the pandemic has widened the category’s appeal. Last year, Shiseido released free filters for women for use on video conferences and said men responded on social media requesting their own versions. The beauty giant’s men’s line, Uno, is now expanding its marketing to reach men in their 40s.
“I think the coronavirus has created a certain condition that urges businessmen to be more aware of their skin condition,” Uno’s assistant branding manager, Yoshiyuki Matsuo, told AP. “We have seen double-digit growth even amid the pandemic.”
Beauty megadeals may be few and far between over the near term, but M&A will still be critical for buyers and sellers seeking growth, innovation and competitive product portfolios, reports The State of Fashion: Beauty.
The British beauty retailer is doubling down on its growth focus with more stores, brand exclusives and Gen-Z shoppers .
BoF’s Imran Amed sits down with Priya Rao, executive editor of The Business of Beauty, to go inside the findings of our new report ‘The State of Fashion: Beauty.’
Join us next week for The Business of Beauty Global Forum 2023 livestream on Tuesday May 30 and Wednesday May 31, available to BoF Professional All-Access and BoF Professional Beauty & Wellness members.