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⭐️ = What excites me most this week.
💥 Quick Hits
NAJJU is French luxury skincare so AI-forward the product itself feels almost secondary.
China’s new offshore-wealth tax is deepening the luxury sales slump for global beauty brands.
People of Earth doubles down on no plastic skincare.
Target has officially closed the book on Ulta, betting on its own in-store Beauty Studio instead.
A cancer vaccine trial just stopped tumors from coming back in patients who received it.
🆕 Brands Spotted:
🧴 Skin / Personal Care = 7
👩🦱 Haircare = 1
👃 Fragrance = 5
🧺 Homecare = 2
💊 Supplements = 2
🦷 Oral Care = 1
Fast Company: AI is the new active ingredient. How artificial intelligence is remaking beauty tech.
🇨🇳 BoF: Luxury sales plunge in China as tax measures hit wealthy shoppers. Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.
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