The professional skin care industry is undergoing a facelift of its own as new players grab hold of some of this sector’s hottest assets going into 2017. Global beauty marketer L’Oréal was by far the early mover with its 2005 acquisition of the leading medical channel brand SkinCeuticals. Big pharma players Allergan and Valeant entered more recently with their respective purchases of SkinMedica in 2012 and Obagi in 2013.Continue reading
More than 130 independent brands from around the globe, each with their unique concept and story, took over New York City’s Metropolitan Pavilion last week for this year’s Indie Beauty Expo (IBE). The event showcased the latest trends and new brands that are waiting to be discovered and hoping to follow in the footsteps of IT Cosmetics, GlamGlow, and NYX.
Natural beauty was certainly the theme at IBE, with more than 100 brands marked as green, clean, or both. Besides the obvious nature-inspired aesthetic, skin care products galore, and fascinated shoppers, here are a few brands that we thought were noteworthy:Continue reading
With the new 2013 edition of Professional Skin Care: U.S. Market Analysis and Opportunities due out next month, Kline industry expert, Pierrick Dutton, shares some of the most striking findings uncovered by our researchers.
Q: How did the professional skin care market perform in the United States in 2013?
A: In 2013, sales of professional skin care products continue to enjoy stable growth. In fact, overall sales surpassed pre-recession levels of $850 million at the manufacturers’ level.Continue reading
The past few years were significant for M&A activity in many industries, with the professional skin care market being no exception. Given the recent surge in acquisitions of brands in this market, one wonders what attractive opportunities still exist.
Since Kline started tracking this industry in the early 2000s, nearly all of the independent brands that target the physician dispense sector have been acquired, with the most substantial acquisitions occurring this year!Continue reading