Meet Stefan McClinnahan, the founder and president of Olazion, one of the fastest-growing Black-owned beauty and cosmetics company. Based in Reston, Va., his brand offers a variety of vegan products that include a luxurious offering of various body wash, hand soaps, lotions, body sprays, body butters, sugar scrubs, fragrances, laundry detergent, deodorant, and soon baby wash.
\"This deal took place without my input and without my support. It was a complete surprise to me when I found out,\" Brookins said. \"I am not opposed to beauty supply stores but I think there are an abundance of them already in that immediate area.\"
\"I already have most of my employees but I do plan to hire from the community, too,\" Woo said. \"This will be our fifth store and I realize there are a lot of beauty supply stores around here, but I think there's always room for one more.\"
\"Most of my employees are from the area. I have employees who live in Chatham, Roseland and Auburn Gresham and they have families to feed,\" she said. \"My greatest fear is that this new beauty supply business will cut into our bottom line and if that happens I will have to scale back my business to stay afloat.\"
\"It's disheartening to see such a large beauty supply store open so close to mine. This new store will suck up all the other [beauty supply] businesses in the area,\" Han said. \"Another big box retailer or a youth center would have been better for the community.\"
If there's one thing we love, it's a good beauty haul. And what better place to restock your usual supply of beauty products other than Ulta Beauty In case you didn't know, you can find and buy many of our favorite Allure Best of Beauty Award 2022 winners (and Readers' Choice essentials) across the retailer's virtual and in-store aisles. From top-rated luxury skin-care options to budget-friendly masstige favorites, Ulta Beauty is basically a treasure trove for all beauty lovers to enjoy.
In less than a year after launching, Ariana Grande's r.e.m. beauty was able to take an Allure Best of Beauty Award home for its lash-enhancing Lengthening Mascara. As its name suggests, its formula elongates the look of lashes while creating a volumized, fanned-out effect with each and every swipe. The tapered mascara wand also deserves some applause for its ability to separate and evenly define each lash, making webbed lashes a thing of the past.
The fan-favorite Fresh Lotus Youth Preserve Moisturizer has earned a spot in many beauty lovers' hearts and medicine cabinets over the years, which is why it's a Best of Beauty winner and, admittedly, one of the best face creams we've ever tried. This rich moisturizer uses antioxidant-rich \"super lotus\" to boost radiance, strengthen skin, and protect it from damage. You'll also find hydrating hyaluronic acid and exfoliating star fruit leaf extract in it to moisturize and smooth over fine lines over time.
How could we not shout out the marvelous little makeup egg that is Beautyblender's Original beauty sponge This latex-free makeup sponge has won a grand total of three Readers' Choice Awards and three Best of Beauty Awards for its ability to blend and apply complexion products seamlessly.
\"Ok, hear me out, I know that this is a LOT of money to spend on skincare, but this is one of the best serums I've ever used (and trust me, I don't say that lightly). Why Because every time my skin freaks out, this serum calms it down asap. From hormonal breakouts, to redness, dry patches or texture issues, this soothing formula contains an active, plant-based complex that calms skin, taking down redness and reducing irritation.\" Victoria Jowett, beauty director
\"I've tried so many sunscreens in my mission to find one that doesn't break me out. From oil-free to all-natural, they all seems to give me those tiny under-the-skin bumps. That was, until I found this ah-mazing formula by Drunk Elephant. Free from essential oils, drying alcohols, silicones, chemical screens, fragrance/dyes and SLS, this SPF kept my skin happy and breakout-free.\" Victoria Jowett, beauty director
\"I've been having some issues with texture recently, every morning I'd wake up with teeny-tiny little blemishes and those annoying under-the-skin spots across my jawline and lower cheeks. That was, until I started using this serum. It's totally decongested my skin, leaving it smooth and bump/blemish-free. It's non-drying, so perfect if you have sensitive skin but want an effective anti-blemish treatment.\" Victoria Jowett, beauty director
\"If you want a cleanser that removes everything, from makeup to dirt and excess oil, this is for you. The low-foam formula dissolves impurities and leaves the complexion feeling clean - without stinging your eyes or leaving your skin dry and tight. It's perfect if you don't fancy faffing around with multiple makeup removers and just want a one-stop-shop.\" Victoria Jowett, beauty director
A few years back, getting your hands on authentic K-beauty skincare items could be a hassle. Luckily, today, many people have seen the opportunity to share the wonders of this skincare regimen with a broader audience.
Through this competition, innovation has become one of the most defining factors considered in K-beauty. Brands race to find new and effective ways to achieve excellent-looking skin and attract customers.
Korean skincare has become popular thanks to an extensive skincare routine that went viral a few years ago. Many have tried and tested the 10-step Korean skincare routine from beauty bloggers and influencers to the girl next door.
Most of the brands that you may find on Ulta are western brands. However, thanks to the popularity K-beauty has gained in the past decade, this beauty store now offers a wide range of Korean skincare brands.
When you ask K-beauty enthusiasts where to buy Korean skincare products online, YesStyle might be one of their go-to answers. This website has been popular among people who love Korean beauty products, and we can tell why.
This online retailer offers a wide array of K-beauty skincare products, including ACWELL, Etude House, Dear Klairs, Neogen, Missha, TonyMoly, and more. On top of individual products, SoKo Glam also offers product sets that you can use together.
Head over to Style Vana to get your hands on the latest Korean beauty and skincare trends. This website offers the trendiest products in South Korea when it comes to makeup, skincare, and even fashion.
Offering products from over 700 Asian beauty brands, the K-beauty offerings of StyleKorean is massive. Apart from niche brands, this site also carries big and popular brands like COSRX, The FACE SHOP, Jumiso, MISSHA, and Skinfood.
While its catalog of K-beauty items is not as enormous as many in this list, Sephora is a reliable place to go for some mid-range to high-end brands. These brands include AMOREPACIFIC, Dr. Jart +, Innisfree, LANEIGE, belif, and more.
Many South Korean skincare brands have noticed the overwhelming popularity of K-beauty around the world. As such, many of them have decided to expand internationally, offering their products to a broader audience.
Korean beauty and skincare are rising in popularity worldwide, showing no signs of stopping anytime soon. With high-quality product offerings at affordable prices, many have started swearing for their K-beauty skincare regimen.
In times of economic downturns, the beauty industry remains resilient, as consumers still like to splurge on beauty and skincare regimen, even if it might be in moderation. In 2022, consistently high inflation has tampered with impulsive purchases of beauty and personal care products. In the 12 months to October 1, 2022, there was a 2.1% decline in the sale of face care products in the United States, although higher prices made up for the lower volume. Similarly in Europe, over one in five customers are forecasted to allocate less money to their make-up and skincare products in the near future, as per research from McKinsey.
For huge beauty companies, having a diversified range of products at multiple price points has helped deal with the economic slowdown. In better economic times, premiumization in skincare and haircare has proven to be a consumer favorite, displaying superior growth. This is why firms like Unilever, whose prestige beauty segment posted double-digit growth in the third quarter of 2022, are experimenting with premium beauty products.
Some of the best beauty stocks to consider in order to benefit from the defensive nature of the sector include The Procter & Gamble Company (NYSE:PG), Ulta Beauty, Inc. (NASDAQ:ULTA), and The Estée Lauder Companies Inc. (NYSE:EL).
We selected the following beauty stocks based on growth fundamentals, positive analyst coverage, and strong market visibility. We have arranged the list according to the number of hedge fund holders in each firm, tracked by Insider Monkey as of the second quarter of 2022.
Like The Procter & Gamble Company (NYSE:PG), Ulta Beauty, Inc. (NASDAQ:ULTA), and The Estée Lauder Companies Inc. (NYSE:EL), L'Oréal S.A. (OTC:LRLCY) is one of the most prominent beauty stocks to monitor.
Sally Beauty Holdings, Inc. (NYSE:SBH) is a Texas-based specialty retailer and distributor of professional beauty supplies. The company offers beauty products such as hair color, skin and nail care products, and styling tools for retail customers and salon professionals. It is one of the best beauty stocks to invest in.
Unilever PLC (NYSE:UL) is a London-based multinational fast-moving consumer goods company that operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. Unilever PLC (NYSE:UL) is one of the top beauty stocks to monitor.
e.l.f. Beauty, Inc. (NYSE:ELF) is a California-based company that sells cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brands wo