Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...

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Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Color Cosmetics Take a Backseat to Skincare, and Other
                          Top Takeaways from Day One at Cosmoprof North America,
                          Las Vegas Conference

                          The Coresight Research team is in Las Vegas attending and presenting at Cosmoprof
                          North America 2018 held from July 28 to 31. Coresight Research Founder and CEO,
                          Deborah Weinswig is presenting on the panel, “Rise of Pop-ups, the Pop-Up Push.”
                          Cosmoprof is the leading business-to-business (B2B) beauty trade show in North
                          America, drawing over 33,000 attendees and 1,015 exhibitors from 39 countries.
                          Here are our key takeaways.
                             1. Functional skincare is the main focus at Cosmoprof 2018; there has been very
                                little buzz about traditional color cosmetic products at the show.
                             2. The clean and “free-from” beauty category is trending upward across skincare
                                and haircare products.
                             3. An anti-Amazon sentiment among brands seemed to pervade at the
                                conference due to the presence of counterfeits and the lack of brand
                                protection.
                             4. Rainbow colors and hues have gone mainstream for hair.
                             5. Haircare company Living Proof created the campaign, “No preconceived
                                notions,” celebrating individuality, freedom of expression and uniqueness.

                          The Coresight Research team is in Las Vegas attending and presenting at Cosmoprof
                          North America 2018, the leading business-to-business (B2B) beauty trade show in
                          North America. In addition to the beauty trade show, Cosmoprof North America
                          offers a three-day education program during which industry experts share insights
                          and key trends in the beauty industry. The team is attending sessions led by
                          industry experts and meeting brand owners to discover the newest trends and
                          products. Here are our takeaways from day one:

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                 1
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                             1. Functional skincare is the main focus at Cosmoprof 2018; there has been
                                very little buzz about traditional color cosmetic products at the show: There
                                were over 26 new products announced in the Cosmoprof Press Preview: 13 of
                                which focused on skincare (eight on face, five on masks), four haircare
                                products and eight “other” products, including brushes, scissors and tattoos.
                                However, there were no new traditional beauty color cosmetic color
                                cosmetics. There was very little talk around formerly traditional categories of
                                beauty (like lip and eye color and face colors).
                             2. The clean and “free-from” beauty category is trending upward across
                                skincare and haircare products to include: allergy free, sulfate free, paraben
                                free, gluten free, fragrance free, alcohol free, silicone-free and cruelty-free:
                                With consumers’ growing allergies, brands are increasing the list of “free-
                                from” ingredients.

                          Cosmoprof, Asher Morgan “Be Bountiful” made with acai berry oil, broccoli seed oil, moringa oil; mineral
                          oil free, sulfate free, paraben free, phthalate free, gluten free, cruelty free.
                          Source: Coresight Research

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                                  2
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Cosmoprof, Brand “Restore” by Doctor Rogers paraben free, pthalate free, allergen free, BPA free,
                          petroleum free and free from animal testing.
                          Source: Coresight Research

                          Cosmoprof, Brand “Every Green” Restorative Shampoo; free from SLS and SLES, petroleum jelly, silicones,
                          parabens, artificial colorants.
                          Source: Coresight Research

                             3. An anti-Amazon sentiment among brands seemed to pervade at the
                                conference due to presence of counterfeits and the lack of brand protection:
                                Brands spoke openly about having problems with counterfeits selling on
                                Amazon and the platform hurting sales. Entrepreneur Alisa Marie Beyer
                                highlighted that “Amazon killed 50% of my boutique sales” when she started
                                her Coastal luxury brand, Coastal Salt & Soul, a luxury bath and body care
                                company dedicated to healthy, hydrated skin.
                             4. Rainbow colors and hues have gone mainstream for hair: Intense color and
                                vibrant colors and hues including blues, greens, greys, pinks, purples, greys
                                and yellows—all colors of the rainbow were seen throughout the exhibitor
                                space and everywhere at the conference. Many attendees had colored hair in
                                every shade and gradient. Product offerings include at-home rinses and
                                sprays.

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                                 3
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Cosmoprof, North America
                          Source: Coresight Research

                          Cosmoprof, Brand “My.” 100% vegan, free from sulphates, silicones, and parabens; color shampoo in
                          ruby, copper, gold, cobalt and platinum.
                          Source: Coresight Research

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                               4
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Cosmoprof, Brand, “Manic Panic”
                          Source: Coresight Research

                          Cosmoprof, attendees with green and blue hair.
                          Source: Coresight Research

                             5. Haircare company Living Proof created the campaign, “No preconceived
                                notions,” celebrating individuality, freedom of expression and uniqueness,
                                and performed at the 2018 North American Hairstyling Awards (NAHA) on
                                the opening night of Cosmoprof. NAHA is the industry's annual prestigious
                                award ceremony to celebrate leaders and innovators in hair. The 2018 NAHA
                                Beauty Awards were hosted by celebrity hairstylist Tabatha Coffey, and the
                                evening was filled with beauty awards and artistic performances by sponsors
                                Aveda, Ulta and Living Proof. Living Proofs team performed its “No
                                preconceived notions” campaign, and participants wore white shirts with
                                black personalized statements. Examples include: “Bend the boundaries,”
                                “Break the barriers,” “Go get your dreams,” “You’re perfect. So am I,” and
                                “Drop your definitions.” There were over 30 slogans in total. Michael Shaun
                                Corby, Global Creative Director, Living Proof, said that the creative team chose
                                this campaign to celebrate individuality and uniqueness; its founder holds
                                numerous patents, (second only to Albert Einstein) and the brand likes to
                                celebrate innovation, creativity and pushing boundaries.

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                 5
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Cosmoprof, NAHA 2018 Living Proof
                          Source: Coresight Research

                          Cosmoprof, NAHA 2018 Living Proof
                          Source: Coresight Research

                             6. Beauty brands are opting for direct-to consumer (DTC) as the sales channel
                                of choice: Many beauty brands said that they are choosing the DTC channel
                                because it allows for better brand control. By having a direct link to
                                consumers, the owners or CEOs are able to understand the data behind who is
                                buying their products and are better able to control and own the content and
                                messaging. Additionally, the barriers to entry are lower than going through
                                distribution channels.
                             7. Masks continue to trend upward to include an emphasis on newer mask
                                categories, including “lip,” “neck,” and “the behind.” Brand owners said that
                                these areas have previously been neglected. Bawdy Beauty launched a line of
                                masks for the buttocks with the tagline, “give your butt a face lift too.”

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                               6
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Cosmoprof, Brand “Kocostar”
                          Source: Coresight Research

                          Cosmoprof, Brand “Oh K”
                          Source: Coresight Research

                          Cosmoprof, Brand “Bawdy Beauty” Mask
                          Source: Coresight Research

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                 7
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                             8. Professional brands are creating “sub-product lines” for consumers—moving
                                from B2B to B2C: Consumers will gain access to higher-quality, professionally
                                developed products.
                             9. “The Look” All Stars Reality Beauty television show, on the CW network is
                                partnering with the producers of NAHA to seek the industry’s next beauty
                                star: The TV reality show was hosting casting auditions at Cosmoprof.

                          Cosmoprof, NAHA 2018, Style Icons and The Look Judges, Sam Villa and Kim Vo.
                          Source: Coresight Research

                          10. “Barbering” and deep, shaved hair lines are trending upward for men.

                          Cosmoprof, NAHA 2018
                          Source: Coresight Research

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                                   8
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
Aug 1, 2018

                          Deborah Weinswig, CPA
                          CEO and Founder
                          Coresight Research
                          New York: 917.655.6790
                          Hong Kong: 852.6119.1779
                          China: 86.186.1420.3016
                          deborahweinswig@fung1937.com

                          Erin Schmidt
                          Research Analyst

                          Hong Kong:
                          6/F, LiFung Tower
                          888 Cheung Sha Wan Road, Kowloon
                          Hong Kong

                          London:
                          242–246 Marylebone Road
                          London, NW1 6JQ
                          United Kingdom

                          New York:
                          1359 Broadway, 18th Floor
                          New York, NY 10018
                          Tel: 646 839 7017
                          Coresight.com

Deborah Weinswig, CEO and Founder, Coresight Research
deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016                 9
Copyright © 2018 Coresight Research. All rights reserved.
Color Cosmetics Take a Backseat to Skincare, and Other Top Takeaways from Day One at Cosmoprof North America, Las Vegas Conference - Coresight ...
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