'Next In Beauty' celebrates the first 'Beauty Business Talks' with Beauty Cluster

The Thursday 27 October 'Next In Beauty' in collaboration the Beauty Cluster inaugurated the first edition of their 'Beauty Business Talks', a space in which CEOs of all the value chain of the industry, share his experience and knowledge on a burning issue n the sector of the beauty. This first virtual round table, under the title to "Challenge the uncertainty: the next challenge of the cosmetic" served to more the ones of 130 assistants to do an extensive diagnostic of the situation that crosses at present the sector, and also, elucidate the nearest future.The debate, moderated by Ivan Borrego, General Manager of the Beauty Cluster, had two hours of length, and in it, was represented all the value chain. Ricard Armengol, CEO of Provital, company dedicated to the formulation of raw materials and assets, represented the first link of the chain. Jordi Morcillo, CEO of Skeyndor, embodied the representation of the professional channel. Tim Eaves, CEO of Quadpack, contributed his point of view like supplier of cosmetic packaging. Montse Martí, CEO of MartiDerm, offered his vision with regard to the new challenges that faces the cosmetic from the consumption and the pharmaceutical sector. Gabriele Zaretti, Retail General Manager of 'Perfumeria Júlia', explained the experience of the company from a more oriented optics to the behaviour of the consumer. Lluís Plà, CEO of Angelini Beauty, approached the perspective of a signature of selective distribution of the sectors of scent and care of skin.To break the ice, Borrego formulated the following question to the 6 directors: Which is the main challenge of the industry? All shared some of the essential like the innovation, the omnichannel and the sustainability. Ricard Armengol, aimed also to that it was important to loan attention to the internationalisation: "Like challenges, there is an infinity, but east calls me particularly the attention. It is necessary to possess filial and venues in different countries, and east is a pending challenge of the Spanish industry." In innovation, Lluís Plà, of Angelini Beauty, shared his reflection in this regard: "When we speak of innovation have to think in our own resources and look for the efficiency of them in the manufacture and in the production."This first round table organised by 'Next In Beauty', turned in lathe the uncertainty extrapolable to the different segments of the chain of value. Regarding the supply of materials and the tendency of companies to supply them: "we are seeing It, but no so much how we imagined. The uncertainty in this point, find it in two points: in the economy and in the regulation." It indicates from Quadpack, Tim Eaves. The inflation and the fluctuations of price is something that generates restlessness in the companies that devote to the development of ingredients, active and prime matters: "it Seems to be that the inflation will stabilise along 2023, at least, the prime matters that consider 'more basic', but it's unknown the rhythm of descent", shared the CEO of Provital. "From the sector of packaging think that there will be an increase of costs at the beginning of the next year, but expect that, to measure that advance the year, go going down", exposed Eaves. In the regulatory issue, we find another of the points that arouses restlessness between the professionals of the sector. Montse Martí, CEO of MartiDerm, is worried about it and concerns her especially, the execution of the next modifications: "The intention is good, the aims are good, but concerns the execution. The tax of plastic to starts of 2023, the 'timings' are different according to the countries. This causes a desynchronization. For me, it is worrisome."The form of consumption, the tendency that pursues the consumer related with the sustainability and the war of prices that establishes , especially in the last months of the year, have been points that have stood out also in the day of today. "If we go in in this war of discount, we banality the sector because we arrive to discredit him" said of conclusive way Plà. Gabriele Zaretti, of 'Perfumeria Júlia' has defined that the Spanish market finds in an immersed spiral in 'the war of prices': "the inflation is impacting in all the links of the value chain and reflects in the available ticket final of the consumer. My best auspice is that it can carry out a harmonisation of price and that detain the war of discounts. It is necessary to generate value through an experience but qualitative so much in 'on' as in 'off'."The profitability of the sustainability and the paper that plays the sector in the communicative field were two of the thematic lines that treated in the first 'Beauty Business Talks'. Although it is something that occupies the diary of many of the companies, the sustainability is not something that translate in a conversion of sales, as it indicates Zaretti: "To level of consumption does not translate in an important conversion of consumption. We did several attempts to incorporate selective marks that respect all the parameters and components of sustainability. It supports the tendency, are in the change, but the conversion to the consumption is very slow." Armengol, from Provital, conceives that at present the sustainability is something 'aspirational' but that does not be distant enough with the 'real behaviour of the consumer'. In matter of communication, Montse Martí, explained the importance of influencers in the communicative strategies of the company. Jordi Morcillo has explained, that the industry "finds always in the sight, and are a very easy sector of demonize."The management of the talent and the people, put end to this round table in which the 6 directors agreed, that was living a change of paradigm with regard to the labour field in the cosmetic sector and that as a result of the pandemic, have seen like his speed increased .

'Next In Beauty' celebrates the first 'Beauty Business Talks' with Beauty Cluster

The uncertainty in the cosmetic sector has been the central axis of the first round table that has gathered to 6 directors of the industry