Back in full force, Cosmoprof North America’s 2022 iteration in Las Vegas saw pandemic-era trends come to fruition.
Noah Rosenblatt, president, North America, Space NK
in the United States is tremendous, some of our brands we’re bringing to 1,500 stores by our BeautyFinds initiative. Customers are responding.What excites me is how the customer approaches beauty now, which is a holistic approach to beauty, a 360-approach to beauty. It’s not so much about the topical aspect of beauty, but it’s about ingestibles, what one should eat, it’s about sexual wellness, and it’s about the spa at home.
Inflation has a lot of impact on retail prices, we see it, and we see brands that you’d know have price increases. That obviously has an impact on sales, not on prices, but on units. I don’t see a trade-down to mass, we have prestige in our own environment. We haven’t seen [macroeconomic pressures] hit quite yet. For a lot of categories, we’re still trying to see how high they can go because we had the full COVID[-19] boom, right? You would think the next year, things are going to slow down, but we’re having an amazing year as well. It’s still an open story in how things look and how things will trickle down, how the consumer is going to react and what they’re looking for.
and discover more brands for people of color, by people of color, who create for all. I love that Cosmoprof really prioritized marketing initiatives to bring these brands the visibility that they so deserve.
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