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Welcome in, today is Monday, September twenty-eighth, and we begin with Personal Care Insights on L'Oréal's cleared path into India's digital beauty boom.
The Competition Commission of India has approved L'Oréal India's acquisition of Onesto Labs, the parent of skin and hair care house Innovist. Personal Care Insights reports the clearance puts the deal, first announced in June, on track to close in the coming months, with the regulator describing it as the acquisition of one hundred percent of Onesto's shareholding. Terms were not disclosed, though that reporting notes accounts at the time valued the deal near four thousand crore rupees, about four hundred twenty-eight million dollars, with Innovist's founding team staying on to run the business. What L'Oréal gains is online distribution it did not have to build, in a market the same reporting sizes above thirty billion dollars. Industry reaction leans toward reading this as buying demonstrated demand rather than formulation capability.
Also today, Korean retailer Shinsegae is making a run at the American beauty market. WWD reports the department store operator will host a monthslong pop-up in New York under its Hyper Ground banner, showcasing more than thirty K-beauty brands, most of which have not yet debuted at U.S. retail. For brands with no American distribution, that is shelf space without a shelf commitment, and for buyers it is one room in which to scout thirty-plus lines at once. Some in the trade read the New York stop less as a debut than as one node in a repeatable export template, noting the same format has been cycling through other Asian markets.
Separately, Cosmetics Business is asking whether Drunk Elephant's turn toward adult consumers is actually working. The piece frames the question around the January ‘Please Enjoy Responsibly’ campaign and the Shiseido-owned brand's push to signal it is not just for kids anymore, and it does not settle the answer. That open verdict is what matters to anyone weighing how far an established brand can move its target demographic. Marketing practitioners lean toward calling this a repositioning rather than a rebrand, with a recurring critique that a message of restraint reads as reactive, and a minority arguing an early dip is normal in any repositioning.
Now, a number worth filing. Fragrance accounts for sixty-five percent of total beauty sales in Latin America, according to Circana figures reported by Premium Beauty News, a larger share of beauty spending than any other region gives the category. That concentration is why Gulf scent houses are treating the region as a priority, and the same account says Arabic fragrance brands are finding growing openings there. Organizers of Beautyworld Middle East, per that reporting, see the show becoming an increasingly important meeting point between Middle Eastern brands and Latin American buyers and distributors. For regional distributors, it reads as a change in which suppliers belong on the calendar.
Now, a few more headlines moving the trade today. WWD reports Chanel has named Lucia Pieroni creative makeup director, putting a named creative lead over artistic direction at one of prestige's largest color businesses.
Following our earlier report on Arey's Unilever Ventures-led round, Cosmetics Business says the hair care brand has published its first clinical trial and launched a greying serum, Good Night, Grey.
Caroline Hirons tells Cosmetics Business that Skin Rocks, with direct-to-consumer sales up fifty-five percent year to date, is planning a move into Europe and a larger professional business.
WWD reports on a study of inequalities in dermatological care worldwide, run by L'Oréal Dermatological Beauty with the International League of Dermatological Societies.
And finally, Cosmetics Business has experts weighing in on the near-identical grinder-style under-eye patches from Fenty Skin, Huda Beauty and Glow Recipe, and how much of a format a brand can claim as its own.