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Chanel, YSL and Prada’s new flankers are speaking to fragrance literate Gen Z differently
Read moreAlthough the instinct for expansion is correct, whether a new Gen Z edition of a hero scent is successful lies in its execution. With Chanel, YSL and Prada all unveiling twists on their icons this year – Coco Mademoiselle Crush Absolu, Black Opium Pink Glaze and Paradoxe Sweet Chemistry – CB explores the value of these new flankers
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Fragrance
Chanel, YSL and Prada’s new flankers are speaking to fragrance literate Gen Z differently
Although the instinct for expansion is correct, whether a new Gen Z edition of a hero scent is successful lies in its execution. With Chanel, YSL and Prada all unveiling twists on their icons this year – Coco Mademoiselle Crush Absolu, Black Opium Pink Glaze and Paradoxe Sweet Chemistry – CB explores the value of these new flankers
Research & Development
Lady Gaga-backed research firm Outer Bio wants to break skin care’s innovation bottleneck
The skin health biotech company’s discovery system, Yuna, is an ex vivo human-skin platform that can enable skin to stay alive and measurable for four weeks. CEO Michael Polansky explains how this can facilitate the discovery of new skin care actives, as well as the broader goal of Outer Bio
Body Care
Concept 4 launches better beauty to help brands and retailers cut formulation complexity and accelerate launches
Concept 4, the B Corp-certified beauty and fashion solutions partner, has launched Better Beauty; a complete, comprehensive collection spanning colour cosmetics, skincare, haircare and body care
Regulatory
Beiersdorf CEO warns EU cosmetics industry could become ‘overburdened’ with impending regulations
Vincent Warnery, CEO of Nivea-owner Beiersdorf, shared concerns around Europe’s position as a cosmetics industry leader, highlighting how heightened regulations could see beauty ‘become the next auto industry’
Finance
LVMH CEO Bernard Arnault falls out of world’s top 10 richest list amid luxury slowdown
The billionaire Chairman and CEO of luxury giant LVMH no longer sits in the top ten richest people as technology moguls take over, according to the Bloomberg Billionaires Index. This is the first time Arnault has sat outside the top ten since 2017