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.”
Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit.
Landing a retail partnership is often seen as a major milestone for beauty founders — but it brings a bevy of new challenges, from the logistical complexities to setting a marketing budget. Black entrepreneurs, who typically have far less capital to work with, often face tough choices.
The firm has been working on a listing since at least 2022, with previous attempts buffeted by volatile markets.
In a three-part series, The Business of Beauty explores how Black founders Monique Rodriguez, Danessa Myricks and more built, launched and scaled their multi-million-dollar businesses. In part one, a look at how these entrepreneurs found their niche and harnessed early lessons that were critical to their growth