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- DermFriends Newsletter 8/16/24
DermFriends Newsletter 8/16/24
Skincare News | TikTok & Instagram Trends | Skincare Bestsellers
🗞️SKINCARE NEWS
L'Oréal To Acquire 10% Stake in Galderma
L'Oréal’s new strategic partnership with Galderma. Here’s a quick summary:
L'Oréal and Galderma are big names in skincare. L'Oréal’s top brands include CeraVe and La Roche-Posay. Galderma’s leading mass brands include Cetaphil and Differin. Galderma is also a leader in the aesthetics market with cosmetic treatments like Restylane and Dysport💉
About half of Galderma's revenue comes from its injectable aesthetic brands, and this acquisition marks L'Oréal's entry into the injectable aesthetics market💋
The global aesthetics market is predicted to reach $25.9 billion by 2028📈
Both companies will collaborate on a strategic scientific partnership🤝
The partnership aims to develop advanced dermatological technologies, leveraging both companies' expertise in skin care and dermatology🎯
Galderma remains an independent company with L'Oréal as a minority shareholder with a 10% stake✅
The deal signals a growing interest in the dermatology market for beauty giants🧴
Read more here ⬇️⬇️⬇️
Perfect Corp. Report Reviews AI Trends in Beauty and Fashion
This Businesswire article discusses the release of "The Most Influential AI Trends in Beauty and Fashion," a report on AI trends shaping the future of beauty and fashion. Here’s a quick summary of the key trends:
AI-powered chatbots will offer personalized skincare and beauty recommendations elevating customer service through interactive experiences🎁
AI will power immersive experiences with realistic product visualizations, boosting shopper confidence and reducing returns📉
AI will drive sustainability and reduce waste with virtual try-ons and reduced returns♻️
AI will fuel creativity and personalization in brand content creation at scale✅
AI will enhance the customer experience by personalizing every step of the shopping journey, boosting customer satisfaction and success for brands🏆
Read more here ⬇️⬇️⬇️ https://www.businesswire.com/news/home/20240729715572/en/Perfect-Corp.-Reveals-Top-AI-Trends-Influencing-Beauty-Fashion-in-Newest-Global-Trend-Report
Fastest Growing Lip Care Brands: Naturium and Kosas
This HAPPI article highlights the significant traction gained by Naturium and Kosas in the competitive lip care market. Here’s a quick summary:
Naturium and Kosas identified as the fastest-growing lip care brands in the US🚀
Both brands have seen significant growth in Google search volume over the past year🔍
Naturium's lip balm is particularly popular, often compared to Summer Fridays' lip balm🔥
Kosas is known for its lip oils, offering both hydration and color✨
Consumer preference has shifted from traditional lip balms to lip oils/glosses, and lip care products are now expected to deliver both hydration and aesthetic appeal🔄
The lip care market is experiencing rapid growth and continues with new innovations💋
Read more here ⬇️⬇️⬇️
🔥TRENDING TIKTOK & INSTAGRAM SOUNDS
Here are some trending sounds on Instagram and TikTok that can be used with “text on screen” videos or as background music for educational content🔥
📈SKINCARE BESTSELLERS THIS WEEK
*The bestseller lists are dynamic and can change in real-time. The bestseller lists are compiled on Monday mornings.
**This post contains affiliate links.
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