TonyMoly Appoints Fifth Head in Two Years

Nov 9th, 2015

Jeb Gleason-Allured

TonyMoly has appointed Yang Chang-soo CEO, in what is being called the fifth leadership change in two years.

Previously: Lessons from the Korean Skin Care Market

Chang-soo was previously CEO of AmorePacific and vice president of VIDIVICI.

TonMoly is Korea's fourth-largest cosmetics brand, with 310 billion won in sales.

Shamin Rostami Walsh, managing director at BAM Ventures, has been an angel investor for more than 17 years.

BAM Ventures is Seeking Brands with Super Fans: an Interview with Shamin Rostami Walsh

BAM Ventures, an early stage VC firm based in Los Angeles, focuses on backing the next rising consumer brands, products and technologies worldwide.

Fenty is Coming to Mainland China

In its latest financial report, parent company LVMH noted, "Fenty Beauty posted robust growth, driven in particular by one of its latest innovations in mascara."

TRUST IN THE MOST IMPORTANT DEVELOPER IN EUROPE TO CREATE YOUR PERFUME

TRUST IN THE MOST IMPORTANT DEVELOPER IN EUROPE TO CREATE YOUR PERFUME

Mixer & Pack is the European leader in the development of perfumery for private label, and specialist in reflecting your brand values in fragrances. The turnkey manufacturer understands that it is not only important what it is done, but how is it done.

Masstige beauty accounted for 11% of overall sales, representing a growth rate of 16%, about twice that of mass.

Beauty 2023-2026: Category Blur & Continued Growth

PLUS: Sales totals and trends for makeup, skin care, hair care, fragrance and more.

'The Best Micellar Water Types that will be Indispensable in Your Skin Care Routines' were highlighted for their multi-tasking cleanser, moisturizer and skin-refreshing properties.

Trending: Hard Candy x Girl Scouts Makeup, Garnier Micellar Water, Glycolic Acid Spray and More

Our Consumer Pulse report on the socials uncovers insights in cosmetic-related searches. Now trending: Hard Candy's Girl Scouts Cookies makeup; Garnier micellar makeup remover; Makeup by Mario Bronzer; aura and BIAB nails; glycolic acid spray; etc...

Looking ahead, Circana is forecasting 10% growth for the U.S. prestige beauty market, with expansion slowing in 2025 and 2026 to 8% and 7%, respectively.

Beauty Growth to Continue Through 2026

The rise of India, emerging shopper trends and the rise of masstige are reshaping the industry.

Sun care ingredients and packaging for beauty share similar trends that are shaping the beauty landscape.

March Insider Insights: Sun Care Ingredients & Trends + Packaging for Beauty Launches

Ingredients for sun care and packaging for beauty share a common trend of multifunctional formulations and products.

Hair styling was the fastest grower in the prestige hair category in 2023, with dollar sales up 24%, driven by a more than doubling of hair launch volume compared to 2022.

What 2023 Told Us About Beauty in 2024

From hair styling to high-value fragrance, shopper data points to innovation opportunities.

Circana’s 2023 beauty consumer studies show that social values have become more important to makeup and skin care wearers when it comes to their beauty purchase decision-making.

Black-founded Beauty Brands Outperforming US Prestige Market in February: Data

Black-founded brands saw growth in every beauty category—makeup, skin care, fragrance and hair—in February 2023 compared to the previous month.

Fig. 1 makeup wipes were created in partnership with Conserving Beauty, which has an Instant Melt substrate technology that after use, disintegrates with rinsing.

Trending: Fig. 1 Makeup Wipes, Pancake Makeup, Snail Mucin Cream and More

Our weekly "Consumer Pulse" report on the socials reveals trends in cosmetic searches across the web. Hot topics now are: Fig. 1 makeup wipes, pancake makeup, party makeup by Nikki, snail mucin eye cream, #sunflowernails and #rootconcealer, among others.

Black people represent 14.4% of the U.S. population, yet only 4-7% of beauty brands available in stores are owned by Black individuals.

Citruslabs x Sula Labs Address Inclusive Beauty's Claims Problem

This new partnership will "fill gaps in personal care products, ensuring effectiveness while specifically catering to the needs of people of color," per Citruslabs and Sula Labs.