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Digital Technology Allows the Worlds of Beauty, Color and Fashion to Converge

Digital Technology Allows the Worlds of Beauty, Color and Fashion to Converge

The rapid rise of digital technology in the 21st century has changed the world of cosmetics and beauty, uncovering new tools, new connections, and interactions through social media. It has increased the convergence of industries and continues to build on the desire for an integrative aesthetic experience by the consumer.

The beauty industry is reacting quickly: Sephora has been hanging ‘magic mirrors’ on their walls and many beauty brands can be a quick search on Snapchat these days. Though this is just the beginning of a paradigm shift. A new consumer is on the rise, and driving these changes are the millennials, a group that has grown up in the digital age, swayed by these innovations, interactions, and personalized experiences. Thus, embracing digital beauty and embodying these innovations is the key to the millennial market.1,2

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NYSCC featured on Worldwide Business with Kathy Ireland®

See the NYSCC on Worldwide Business with Kathy Ireland®

Learn all about the NYSCC Suppliers' Day event and what the NYSCC is all about!

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Colloids and Surface Science in Medicine & Personal Care Products - A BIG Success!

The NYSCC sponsored the Session: "Colloids and Surface Science in Medicine & Personal Care Products" at the American Chemical Society - Colloid & Surface Science Symposium held at The City College of New York July 9th - July 12th. The Session was moderated by Elizabeth Kaufman of the NYSCC. The Session was a success and it received full attendance every day for 3 consecutive days.

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When Industry and Academia Colloid – or rather, Collide

When Industry and Academia Colloid – or rather, Collide

Grab a jar of face cream off your dresser, and compare it with the milk in your fridge. Chances are you would notice the relative turbidity, or cloudiness, of both of these substances. Both the face cream and milk are just two examples of colloids. From the word “kolla”, meaning glue in Greek, the term “colloid” was first used in the 1860’s to distinguish this class of materials from crystalloids such as sugar and salt.1

Colloids exist in nature and in manmade materials. A host of other examples come to mind: clouds, fog, whipped cream, hydrogels, and –of particular interest to cosmetologists— shaving lather, aerosol sprays, hydrogels, creams, lotions, and foams.

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Brexit – Local Market and Globalization

Brexit – Local Market and Globalization

On March 29, Theresa May, Britain prime minister, informed the European Union that the UK would trigger Article 50, i.e. the beginning of the negotiation with the European Union to withdraw UK from the Union (the so called Brexit). Article 50 is irrevocable but the way it is written make it unclear what would be the results of these negotiations. The good news is that during the 2 years negotiations period the UK and the EU will have time to figure out the best scenario to maintain a viable trading.

In 2016, 64% of UK cosmetics were exported to the EU, while 66% of EU cosmetics were imported to the UK. Cosmetics sales in the UK were estimated at 11.2 billion dollars in 2015 (retail sales), according to the CPTA (Cosmetic, Toiletry and Perfumery Association in the UK). Analysts predict that UK sales will drop in a Brexit scenario. Raw materials, especially in the high-end segment, can be quite costly to import, and restrictions to trade, coupled with a weak currency, could see costs of development go up. The risk for ingredient suppliers is that the cost for the high-yield innovation that they need to bring to be unique and competitive would only be absorbed by the resilient super premium segment, usually not too influenced by price fluctuations given the high margins.The Mastige and the Mass market would instead be hit by a higher product cost resulting in consumers trade down unless finished products companies would absorb the cost or they would trade for cheaper raw materials with less quality.

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