Oura Ring's Growth and Valuation Surge

Executive coach Angela Bennett knows a thing or two about the unique needs of beauty and wellness industry leaders. She spent more than two decades working across L’Oréal and Estee Lauder brands like La Roche-Posay, Maybelline and Clinique in roles like vice president, general manager and svp of talent acquisition.

"The subjective nature of [the beauty industry] requires an art of balancing data points, intuition and conviction [while] becoming your own leader to navigate the decisions that need to be made on a daily basis," Bennett said.

But today, Bennett is part of a growing number of certified professional executive coaches who help individuals and organizations to build stronger teams. She also works one-on-one with executives who need help getting to the next level in their careers. 

This often entails a rigorous strategy that includes reflection, learning and planning in an effort to become a better leader with more long-term career direction. Much of this process starts with developing communication skills to suit the workplace environment and culture.

“Communication coaching is really going to be about developing the skills to be clear, concise, convincing and motivating, and to really master the art of what we call ‘influencing for results’,” she said. “[That means] influencing others, influencing management toward making decisions on specific strategies that, as a leader, you are recommending and wanting to push through.” 

In today’s episode of the Glossy Beauty Podcast, Bennett introduces us to the world of executive coaching and shares her top three universal tips for executives. 

But first, hosts Lexy Lebsack and Emily Jensen discuss the biggest beauty news of the week. 

First up is wellness investment news from Oura Health Oy, the makers of Oura, the wearable health tracking ring that launched in 2015. The Finnish company is reportedly closing in on a $875 million Series E investment round that will undoubtedly impact the industry. The company could soon be valued at around $11 billion. 

The hosts also break down the latest influx of celebrity endorsement deals including Kris Jenner for Estée Lauder-owned MAC, Leighton Meester for indie darling skin-care brand Bubble, singer Ciara as the new face of Thorne’s Creatine products, Miley Cyrus for Maybelline, and Dua Lipa’s new deal with pilates reformer company Frame Fitness. 

Lebsack and Jensen also unpack Hailey Bieber’s splashy Rhode launch with Sephora, which brought in $10 million in sales in just two days, according to Yipit, an alternative data provider and analytics firm that utilizes web and in-store receipt data. 

Finally, the duo discuss the closure of Kim Kardashian’s 3-year-old skincare line, SKKN by Kim, including Coty’s $71.1 milliones loss from its 2021 investment in the now-shuttered brand.