The Changing Shape of Beauty M&A

Will AI Perpetuate Fashion's Biases?; Julie Pelipas' Upcycled Tailoring; Will AI Perpetuate Fashion's Biases?

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, MAY 30, 2023 'The State of Fashion: Beauty' unpacks what to expect from beauty M&A dealmaking in the near term. Generative AI tools risk reinforcing biases based on race, body type, age and disability that the fashion industry has spent years claiming it wants to move past. Julie Pelipas' tech-tailoring start-up Bettter aims to make upcycling work at scale. Space NK plans to capture a bigger share of the UK beauty market with more stores and buzzy brand exclusives.

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BEAUTY The Changing Shape of Beauty M&A By BoF Team and McKinsey & Company

Beauty megadeals may be few and far between over the near term, but M&A will still be critical for buyers and sellers seeking growth, innovation and competitive product portfolios, reports The State of Fashion: Beauty. READ MORE

TECHNOLOGY How Generative AI Could Perpetuate Fashion's Biases By Marc Bain

With the industry starting to use the technology for everything from campaign imagery to shopping assistants, it risks replicating biases based on race, body type, age and disability that it has spent years loudly claiming it wants to move past. READ MORE

SUSTAINABILITY Can Julie Pelipas Make Upcycling Work at Scale? By Sarah Kent The former Vogue Ukraine fashion director and LVMH Prize finalist's upcycled tailoring label Bettter aims to become a platform that helps big brands give deadstock garments new life. READ MORE

BEAUTY Space NK Bets on Experiential Stores, Viral Brands for Growth By Joan Kennedy Following a sales spike in FY2023, the British beauty retailer hopes to capture a bigger share of the UK market. READ MORE

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Join Us Live Today for Session 1 The Business of Beauty Global Forum 2023 livestream will begin at 15:15 in Los Angeles, 18:15 in New York, 23:15 London time.  Join us for 'Session 1: What Does Beauty Mean Today?' with talks from John Legend, Ari Bloom, Schuyler Bailar, Beatrice Dixon and more. JOIN THE LIVESTREAM

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