Here's what beauty and personal care industry CEOs from P&G, Estée Lauder, Coty, and others had to say on 2018 earnings calls.
2018 has been a busy year for the beauty industry.
From the surge of direct-to-consumer natural beauty brands to the recent launch of an independent beauty tech accelerator, technology-backed cosmetics brands are poised to transform the sector this year.
Meanwhile, cosmetics giants have been looking to reassert their dominance across the sector. L’Oréal’s acquisition of major beauty AR/AI company Modiface drew major headlines while Sephora launched a clean-beauty seal, created new store formats, and announced plans for a beauty festival later this year. Personal care companies also aim to compete with new private labels that emphasize natural ingredients and evoke a premium look-and-feel.
Here’s a list of strategic comments from beauty and personal care corporates that caught our eye.