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Subject:
BEAUTY BUSINESS
Period: December 18, 2018 to January 8, 2019
Geographies:
Worldwide
Categories:
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
Contents
 

Look Out For The Latest Innovations From Perfect Corp. At CES 2019

YouCam Makeup’s parent company, Perfect Corp., will showcase its full suite of artificial intelligence and augmented reality beauty tech, or “Beauty 3.0”, at January’s Consumer Electronics Show. It will include AI-based solutions for product recommendations based on preferences; a skin shade finder for foundation; and a skin diagnostic and monitoring tool. There will also be demos of new developments in virtual makeup, ombré hair color makeovers, and beauty advisor video consultations on demand. The company will also host a beauty tech keynote and panel session, including CEO and founder Alice Chang. 

"YouCam Showcases ‘Beauty 3.0’ AI & AR Tech Innovations for Next-gen Personalized Experiences at CES 2019", Business Wire, December 13, 2018

New Beauty App Connects Customers And Top Stylists For Home And Workplace Appointments


Salon iQ, a salon booking system, is partnering with bgX for the London launch of the new bgX app, aimed at arranging for top salon stylists to visit customers’ homes or workplaces, in association with Uber. bgX says it’s the first beauty tech company globally to offer an 'on demand' automated platform for customers and top stylists to connect. 

"Best in Beauty Tech Combine Forces - Beauty Services App bgX Confirms Partnership With Salon iQ", PR Newswire , December 10, 2018

Coty Launches At-Home Color Action For Google Home


Coty has launched ‘Clairol Color Expert’, which it claims is the first hair color at-home Action for Google Assistant on Google Home. It can guide users throughout the hair coloring process, from identifying the best shade through applying and reapplying the color. Previous beauty tech from Coty includes a collaboration with Holition for a blended reality Magic Mirror at the Bourjois outlet in Paris. The latest innovation was built by Coty’s in-house digital agency, and Voice tech developer Voxly Digital.

"Beauty Tech Recruits Voice In Coty x Google Home Collab", Fashnerd, December 08, 2018

New Investment In Lunata Aimed At Tapping Into Beauty Tech Potential

Entrepreneur Joe Mimran is investing in Lunata Hair, which specializes in portable wireless hair styling products. Mimran met Lunata’s founders on the “Dragons’ Den" TV show in Canada and believes the company can tap into the growth of the beauty tech market. At the 2019 Consumer Electronics Show, the brand will unveil a cordless curling iron/wand, which will be tested on Ulta.com. The brand’s cordless range offers full-sized, battery and rechargeable tools. The cordless hair straightening iron can be used for up to 45 minutes at the highest setting before recharging. 

"Joe Fresh, Club Monaco Founder Joe Mimran Invests in Lunata Hair", Women’ Wear Daily, December 07, 2018

SK-II Opens Tech-Based Beauty Pop-Up In Singaore


Procter & Gamble’s SK-II beauty brand has opened its Future X Smart pop-up store on Singapore’s Orchard Road, offering visitors skin care and beauty tech, with an Instagram experience. Personalized skin care comes via the brand’s Magic Ring Skin analysis to provide product recommendations. It’s open until the end of January.

"The SK-II Smart store is the beauty pop-up of the future", Prestige Online, December 06, 2018

Foreo Continues Its Expansion In Travel Retail

Beauty tech company Foreo has grown quickly within travel retail over the last two years, reaching over 200 outlets in over 20 countries. One of its innovations is the UFO ‘smart mask’. Although Asia is currently its main geographic region, it will focus on other regions next year, especially Europe, North America and Latin America. South Korea is a very important duty free market for the Swedish brand, with distribution in all of the top Korean travel retailers. The 20th and latest Korean opening was the recent launch at Hyundai Duty Free in Seoul’s Gangnam area. 

"Foreo marks 20 locations in South Korean duty free and readies for global expansion in 2019", The Moodie Davitt Report , November 29, 2018

Collaboration Develops AI-Based Age Predictor For Personalized Skin Care


Haut.ai, an artificial intelligence company, and Incscillio Medicine have teamed up to explore how skin ages and to develop an accurate predictor of chronological age. The PhotoAgeClock uses artificial intelligence to look at visual biomarkers of age, to predict age within an average of 2.3 years. Skin around eyes is the best biomarker for assessing age, and the data can be used for personalized medical and skin treatment to slow the aging process. The research was published in the journal Aging.

"This AI can Accurately Predict Your Age And Help You Look Younger", Interesting Engineering, November 28, 2018

 
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