My inbox was flooded with messages and text messages when we broke the news that Hedi Slimane was launching a new product. I wondered why the response was different when most fashion businesses are hoping to launch their own beauty businesses, or partner with a licensing company for a makeup or skincare collection. The house is starting with a single red lipstick, Rouge Triomphe, this autumn before offering a complete, 15-piece lineup of satin lipsticks in January 2025. Each season that follows will be dedicated to a category from lip balms and mascaras to loose powders and eye pencils and will tie back to runway collections. The designer has launched two fragrances in the last two years, filling out the universe at the French house. According to sources, the company is on track to make 3 billion in revenue. The upcoming Rouge Triomphe lipstick and eye pencil caps have touches of the fashion line, including an interlocked Cs. The approach will make a distinction between the beauty and fashion lines of rival brands. The Prada Beauty line with L'Oréal looks similar to the L'Oréal Paris products that Miuccia Prada and Raf Simons present on the runway. Gucci's makeup line, created with Coty, feels dated and disconnected from the designs of Sabato De Sarno. L'oreal, Coty, Interparfums and the like have decades of product development experience and marketing knowhow. A lipstick is different from a bag or a couture dress, no matter how much fashion executives want to say that they are the same. Fashion labels entering beauty on their own need to assemble the right team, with the right experience and the right amount of investment. Sources have told me that Kering is taking its time putting its infrastructure in place to better incubate its own beauty labels, and that its first move in the space was an acquisition. The vision of Slimane is to create a world for customers in fashion, fragrance and now cosmetics. The beauty division at the luxury group has a new boss, and his name is Stéphane Rinderknech and he was named chairman and CEO last year. Here are my top picks from our analysis and insight on beauty and wellbeing.
The perfume market is growing larger and more competitive with independent perfume on a hot streak for investments and acquisitions. Can the influence of Matilda Djerf translate to beauty sales? The woman known for setting global hair trends unveiled her first beauty venture.
Beauty trends are getting more ephemeral, and much, much weirder.
Hedi Slimane launched a beauty line. The Body Shop filed for Chapter 7 in the US and Canada, putting about 400 jobs at risk. In Canada, more than 200 jobs have been lost as a result of the closing of 33 shops. The company wants to raise 850 million through the sale of stock. The drugmaker said prescriptions would be delivered by either Amazon Pharmacy or Truepill depending on the patient's insurance coverage and other factors. BoF has complete editorial independence thanks to the signatures of all investors.