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The luxury beauty battleground is heating up. While houses like Chanel and Armani have long sold beauty, many more are entering the fray with a new focus on skincare and makeup. Larger conglomerates are also restructuring their teams and stepping up acquisitions, signalling their intention to compete more aggressively in this space.
Expanding into beauty can be a way for companies to complete their vision, but it’s not an easy task aligning fashion and beauty marketing teams, which tend to be separate. There’s also the question of whether brands should take beauty back in-house or work with a licensee.
On this episode of Vogue Business’s Beauty Radar, Gianluca Toniolo, CEO of Dolce & Gabbana Beauty, unpacks how he’s navigating these shifts and what it could mean for the industry at large.
This eight-part series will feature guests such as Dolce & Gabbana Beauty CEO Gianluca Toniolo, Glow Recipe co-founders Sarah Lee and Christine Chang and Beauty United’s Moj Mahdara.
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Vogue Business’s Beauty Radar is sponsored by Citi Commercial Bank.
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