Word: brandsness
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"It's a bit of a revolution," says Karine Ohana, a managing partner of Ohana & Co., a Paris-based mergers and acquisitions firm that works with many European cosmetics companies. "There is a gap in what is being offered?there is high-end or mass?and now the big beauty...
Sitting in her large office in a classic Haussmann-era building off the Champs Elysées, Jabès, 42, explains how the beauty industry is undergoing a period of major change, with more and more niche brands and organic products on the market today compared with when she bought the...
Old Europe has always been a source of innovation in the beauty sector, particularly in fragrance and skin care. François Coty made his name by selling fragrance in small, decorative bottles. L'Oréal was started by a young Parisian chemist when he invented the first safe synthetic hair...
"We can move faster than the big brands," says Jabès. "In terms of decision making, it is a much shorter process than in the conglomerates, where it goes through many, many channels." For Jabès, once the R&D process is complete, "if I like a product, I'll...
Wine as beauty regimen? Aeronautically refrigerated face cream? These are not ideas you would expect to come out of a Procter & Gamble or L'Oréal, no matter how many millions of dollars such conglomerates invest in research. But for smaller brands?many of which are hot targets?the more...