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The Glossy Beauty Podcast

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Jan 5, 2023 • 41min

Thirteen Lune’s Nyakio Grieco: ‘People buy into people before they buy into products’

After selling her skin-care brand Nyakio Beauty to Unilever in 2017, Nyakio Grieco set her sights on beauty retail with the launch of Thirteen Lune in 2020. As multiple beauty retailers were pledging to offer at least 15% of their shelf space to Black-owned brands, she came up with a “90/10” model for Thirteen Lune: 90% of brands are BIPOC-owned, with 10% owned by those who demonstrate allyship.With $1 million in funding from celebrities including Gwyneth Paltrow and Sean Combs and a $3 million seed round led by Fearless Fund, Thirteen Lune is in the process of taking over all of JCPenney’s former Sephora locations. It also stocks Grieco’s new skin-care venture, Relevant, which was launched in 2022.Physical retail is a big part of Grieco’s vision for Thirteen Lune, which will be launching its first standalone physical store early this year in Los Angeles. In this week’s episode of the Glossy Beauty Podcast, Grieco shared her success story from the inspiration of her first brand launched in 2002 to her current beauty ventures.
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Dec 22, 2022 • 48min

Year in Review Beauty Podcast: TikTok-driven sales spikes, the end of the DTC era, and a metaverse reckoning

Beauty trends of 2022 include TikTok's impact on brand strategies, the end of DTC era as beauty startups shift towards retail, and the exploration of beauty brands in the metaverse. The popularity of TikTok for marketing and Elf Cosmetics' viral success are highlighted, along with the potential of virtual reality shopping and NFT campaigns in the future. The discussion also touches on Gen Alpha's focus, the closure of indie beauty brands, luxury brands on TikTok, the shift towards body care, and brands' interest in established platforms and overlooked apps.
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Dec 15, 2022 • 43min

Dr. Dennis Gross: 'I'm a big believer in no downtime'

For many consumers in the market for cosmetic procedures, busy lives often mean that anything with an at-home recovery period isn’t always possible. That concept has been a big selling point for Dr. Dennis Gross’ eponymous skin-care brand, which is still going strong with its cult Alpha Beta Universal Daily Peel after over two decades.Created to offer a chemical peel with no skin redness or need to stay home, Dr. Dennis Gross Skincare’s peel is “now the number one selling peel in the world,” said Dr. Gross on this week’s Glossy Beauty Podcast. With a growing number of products added to its lineup, a minority investment from private equity firm Main Post, and plans to expand further internationally, the brand has seen “explosive” growth, he said.On the episode, he shares its founding story and plans for expansion, while weighing in on the rise of dermatologist brands and why he’s not succumbing to TikTok trends.
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Dec 8, 2022 • 29min

Mario Dedivanovic: ‘Makeup is going to start really picking up’

In 2008, Mario Dedivanovic was working the retail floor at Sephora. Now, his own eponymous brand can be found on its shelves.On this week’s episode of the Glossy Beauty Podcast, celebrity makeup artist and brand founder Dedivanovic sat down to discuss his epic career journey and how it brought him from becoming a top celebrity makeup artist to launching his brand Makeup by Mario in 2020.The conversation, of course, includes Kim Kardashian. Fans of her reality shows have likely seen him by her side in glam session scenes throughout the years. While most closely associated with Kardashian, he’s worked on a high-caliber client list over the years that includes Jennifer Lopez, Salma Hayek, Kate Bosworth, Demi Lovato and Naomie Harris.
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Dec 1, 2022 • 49min

Fable & Mane founder Akash Mehta on creating space for Ayurveda beauty

For Akash Mehta, Ayurvedic beauty is a family business.Growing up in a British-Indian household, Mehta interacted with Ayurveda, an alternative medicine system with historical roots in the Indian subcontinent, through his mother and grandparents. Meanwhile, his father worked in the beauty industry as a fragrance entrepreneur. Despite not initially planning to work in beauty, Mehta now sees the value in his exposure to the industry through his father. In early 2020, Mehta launched Fable & Mane, an Ayurvedic-inspired hair-care brand, with his sister Nikita Mehta. It debuted out of SOS Beauty, an incubator behind brands like Summer Fridays, Ouai, Patrick Ta Beauty and Shani Darden Skincare.Fable & Mane sells shampoo, conditioner, an oil mist and a scalp scrub, among other products. Products are priced $16-$49 and sold through Sephora and Fable & Mane's e-commerce site."At the same time [of our launch], there was no representation in the industry like us. We went to Sephora, and there was no Ayurvedic hair brand," Mehta said. "With Ayurveda products, [the issue] is that they smell. But we're all busy and going out, so I wanted [to introduce] something that smells great and performs."On the latest episode of the Glossy Podcast, Mehta spoke with Priya Rao about building the brand, unexpected viral moments on TikTok, plans for 2023, and the brand potential within the buzzy and booming hair space. 
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Nov 17, 2022 • 49min

Slatkin & Co.'s Harry Slatkin on staying entrepreneurial while building billion-dollar brands

When Harry Slatkin and his wife, Laura, built Slatkin & Co., they disrupted the fragrance industry by making home fragrances accessible to a wider demographic.Slatkin sold Slatkin & Co. to Limited Brands, which owns Bath & Body Works, in 2005. But he kept his role as executive chairman and president of the company, and eventually took over the entire home fragrance division. After growing the business to $1.3 billion, Slatkin stepped down from his role in 2012. Today, the company does $2.3 billion in home fragrance sales, according to Slatkin.'When I started, I was entrepreneurial at Limited Brands. [Lex Wexner] let me set up offices in New York, and I had my own team," Slatkin said on the latest episode of the Glossy Beauty Podcast. "As soon as we started hitting $400 million and $500 million [in sales], I was becoming a part of these big teams, and the entrepreneur and the excitement of it starts to leave. … It was no longer what I could call hands-on, for me. I decided, after getting to a billion dollars [in revenue], that it was time for me to step down."Slatkin consulted for Bath & Body Works for three years after selling his company, but at the same time, he pivoted into fashion through a partnership with Tommy Hilfiger. The duo went on to acquire apparel brand Belstaff in 2011.Slatkin is now focused on growing the company's distribution for its current offerings, with no plans to expand to more categories in the near future.
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Nov 10, 2022 • 46min

Edgewell CEO Rod Little: ‘We're operating more like a startup and disruptor’

When beauty and personal care executive Rod Little joined personal care conglomerate Edgewell as CFO in 2018, the company’s core businesses of shaving and feminine care were seeing mid-single-digit declines. Competing with giants like Procter & Gamble and DTC disruptors like Billie, the company was in need of a transformation. Rising to CEO in 2019, Little identified the areas that needed to change at the company, which owns household name brands such as Schick, Banana Boat and Playtex. “We had gotten into a rhythm of being too technology-focused, and we had been led by technology, as opposed to being led by the consumer,” he said on this week’s episode of the Glossy Beauty Podcast. His turnaround strategy included not only moving the focus to the consumer, but also adopting a startup mentality and embracing new acquisitions in growth categories. While the company’s attempted acquisition of Harry’s was blocked by the FTC in 2020, the company has made four acquisitions in the past five years: men’s grooming brands Bulldog, Jack Black and Cremo, and razor startup Billie. With its new brands driving double-digit growth, Edgewell’s shaving and feminine care categories have moved up to “mid-single-digit” growth this year, while its sun-care category is going strong. On this week’s episode, Little shares details on the company’s acquisition strategy, his thoughts on the FTC decision and ways brands can stay innovative while scaling. 
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Nov 3, 2022 • 38min

Isamaya Ffrench on creating beauty that 'people can step into and feel inspired"

Nearly every turn in Isamaya Ffrench’s career was unexpected. Ffrench grew up in a family of engineers and didn’t ascribe to the glamorous rituals her mother and grandmother practiced when she was a child. Her introduction to beauty came by way of discovering Kevyn Aucoin’s iconic beauty book “Making Faces.”But even after studying that book cover to cover, Ffrench still didn’t have dreams of becoming a makeup artist, content creator or founder of her namesake beauty brand — all of which she is now. In fact, Ffrench danced professionally for 15 years. But a colleague at the contemporary theatrical performance group Theo Adams Company put her up for a body painting job at i-D magazine, knowing Ffrench painted faces at children’s parties. While unplanned, that gig planted the seeds for Ffrench’s future career.“I was hired to do a very specific thing,” said Ffrench on the most recent episode of the Glossy Beauty Podcast. “I was using clay and mixed media and turning these models into Demigods. It was all very creative, but there was another makeup artist on set who had been booked to do the beauty because I guess I was a wildcard. I just remember there was this moment when I was washing up my really dirty, grubby brushes in the sink with washing liquid. I had big paintbrushes and sponges and all this grimy stuff. I looked over at this makeup artist who sat there with her beautiful kit laid out looking very clean. I was like, ‘Hold on a sec, why am I not doing that job? I should be doing that job, as well.'”Ffrench continued to book editorial jobs, all while refining her subverted beauty aesthetic. Her work landed her ambassador and creative director posts at YSL Beauté, Tom Ford Beauty, Burberry and Byredo, which proved to be fortuitous primers to launching her own brand, Isamaya, in June.“I don’t ever think I planned to do my own brand, or not until very, very recently, probably because I was very happy doing it for other people. … And then I sort of thought, ‘Well, maybe there are some things I would like to do for myself that brands wouldn’t let me do because they have their own language,'” she said.Since debuting Isamaya this summer, Ffrench has leaned into the drop model, first launching the Industrial collection, a BDSM-inspired offering. Wild Star, a rhinestone cowgirl-esque drop, debuted Thursday with L.A. pop-ups supporting the collection.
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Oct 27, 2022 • 49min

Harry's Jeff Raider and Andy Katz-Mayfield: 'We have a long-term vision'

When Harry's was founded in 2012, co-founders Jeff Raider and Andy Katz-Mayfield were trying to connect the dots between quality razors, affordable prices and a brand that could connect with consumers."I can tell you exactly where it was' it was a Rite Aid on 14th and Wilshire in Santa Monica, California. I had run out of razor blades and was wandering through the store, looking for somebody to unlock the case, because they were locked away," said Katz-Mayfield, regarding the brand's inspiration. on the Glossy Beauty Podcast. "They're locked away because they're so expensive and they get shoplifted all the time. It was this absurd experience. ... I was looking at the shelf and the brands that were on the shelf, and they didn't speak to me as a consumer. There was like a picture of a razor blade flying over the moon on one of the packages. Obviously, what the brand was trying to communicate was, 'Oh, there's all this space-age technology in this thing, and therefore you should pay $25 for a four-pack of razor blades.' But I was like, 'Should I really, though?'"Katz-Mayfield Gchatted Raider, who had recently co-founded Warby Parker, another early DTC disruptor. The two met while in college as consulting interns at Bain & Company."We say he called me a lot, but actually, he Gchatted me. I was at work, and he said, 'Hey, I had this really bad experience in a drugstore, being overcharged for razor blades by these brands that don't really connect with me. Do you think you could take what you learned at Warby Parker, building [a] brand that people love, trying to do good in the world and for customers, and bring design and style to an industry that might have lacked it before, in razors and razor blades?' I remember reading that and thinking, 'Wow, this is an awesome opportunity,'" said Raider. Though the brand is just nine years old, Raider and Katz-Mayfield have lived many lives with Harry's. The brand has gone from a best-in-class startup to an acquisition target and the focus of the Federal Trade Commission, to now a different type of parent company that acquires and incubates its own brands. Those have included Lume and Cat Person."What Harry's and Flamingo both did was they found an unmet consumer need, an opportunity to do something that was actually better for somebody. … It started with delivering really high-quality products at a great value, and then also speaking to people how they wanted to be spoken to in these categories," said Raider. "We felt like we had the opportunity to build brands and unique products that differentially meet consumers' needs and do it on DTC. That could actually be applied anywhere in CPG."
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Oct 20, 2022 • 44min

True Beauty Ventures’ Cristina Nuñez: 'We want to be relationship builders'

As the barrier to founding a beauty brand is lower than ever, there is also more opportunity to spot the next big thing earlier in brands' life cycles.Private equity firm True Beauty Ventures "was really born out of a frustration ... and being restricted on the types of businesses [we] could invest in," said TBV co-founder and general partner Cristina Nuñez on the latest episode of the Glossy Beauty Podcast.Nuñez, the former gm and COO of Clark's Botanicals, had been approached by her co-founder, Rich Gersten, about building a beauty- and wellness-specific firm that could invest at the earliest stage. "[Prior, Rich] couldn't invest in any brand without a minimum check of $10 [million] or $20 million," she said.True Beauty Ventures' sweet spot is between the $1 million and $3 million check size, and it has the goal of further supporting brands with more capital as they grow. Since founding True Beauty Ventures at the height of the pandemic, Nuñez and Gersten have invested in emerging brands like K18, Maude and Crown Affair, and best-in-class brands further along in their journey like Moon Juice.

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