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March 10.2025
2 Minutes Read

Why Hims & Hers is All In On Weight Loss: Closure of Apostrophe Signals a Shift

Minimalist bathroom scene with Apostrophe products, highlighting closure.

The Shift in Hims & Hers’ Business Strategy

In an unexpected move, Hims & Hers has shifted its focus from teledermatology to weight loss, resulting in the discontinuation of its teledermatology service, Apostrophe. This shift comes as the company invested heavily in weight loss solutions, evident in a recent $16 million Super Bowl advertisement that highlighted the need for affordable alternatives to expensive weight loss medications. However, this focus has elicited criticism from lawmakers and health advocates who argue that the marketing could potentially promote fat-shaming while compromising safety disclosures.

Apostrophe's Closure and Consumer Reaction

The abrupt announcement of Apostrophe's closure was met with swift backlash on social media platforms, with many customers expressing confusion and concern regarding their subscription-based care. Apostrophe, known for its personalized skincare prescriptions, served a vital role in the healthcare journey for its users. Instead of transitioning existing customers to a Hims & Hers platform that provides similar services, subscriptions were simply canceled, leading to a sense of betrayal among its loyal clientele. As customer Tony Homme noted, the decision raises questions about the company's commitment to those seeking specialized dermatological care.

The Emerging Weight Loss Market

Hims & Hers has made a strategic pivot towards the lucrative weight loss market, projected to surpass $150 billion within the next decade. With the U.S. teledermatology market also expected to grow from $3.01 billion in 2022 to $8.17 billion by 2030, the focus makes sense from a financial standpoint—especially as the number of people struggling with obesity in America grows. The company estimates that 100 million Americans are classified as obese, while a considerable number are similarly affected by skin conditions like acne.

Understanding the Customer Needs

As competition heats up among telehealth services and wellness platforms, it's imperative to recognize that enduring solutions require more than just access to medications. A holistic and individualized approach to weight management that incorporates nutrition, mental wellness, and behavioral support is critical to long-term success for consumers. Hims & Hers is responding to this need through the introduction of nutrition support subscriptions that include meal plans and access to registered dieticians.

Conclusion: A Call to Reevaluation

All these changes prompt an essential evaluation of consumer needs and preferences, particularly among women over 35 who may seek both skincare and weight management solutions. In navigating these options, individuals should consider the comprehensiveness of available services and their alignment with personal health goals. As brands continue to innovate, it’s crucial that they remain responsive to the voices of their customers and prioritize their well-being over profit. Understanding the diverse health journeys of women in this age group can help forge healthier futures.

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06.06.2025

Why Tom Porter’s ESOP Choice for Malibu C Is Revolutionizing Beauty Brands

Update A Groundbreaking Move in the Beauty Industry Tom Porter, the founder of Malibu C, is making waves in the beauty industry by selling his company to his employees through an Employee Stock Ownership Plan (ESOP). In a world where many entrepreneurs opt for traditional sales to external parties, Porter's choice reflects a commitment to his team's future wellbeing. "If anyone were going to realize wealth out of [me selling my business], I would prefer that it be those who had invested or are investing in building it," he explains. This groundbreaking approach not only fosters loyalty among employees but is a rarity in the beauty sector. The Unique Benefits of Employee Ownership Employee ownership can create a powerful sense of belonging and accountability. According to the National Center for Employee Ownership, businesses with ESOPs have a significantly lower quit rate—at one-third the national average. For Porter, transferring Malibu C into an ESOP means his employees will not only benefit financially but also take active roles in shaping the company’s future. This aligns with the values that conscious consumers, particularly women over 35, often prioritize: sustainability and corporate responsibility. Ensuring Lasting Legacy: The ESOP Approach Porter's transition to an ESOP is not merely financial; it's about preserving the company culture and mission. As he stated, it allows for a culture where employees feel they genuinely belong and can contribute to the company's longevity. Unlike traditional exits, which often lead to layoffs or changes in company values, an ESOP ensures that employees remain at the helm, maintaining the integrity of the brand. Making the Switch: Challenges of Converting to an ESOP Transitioning a corporation to an ESOP can have its hurdles. While Porter found the process manageable, achieving the required 30% ownership for tax benefits involved navigating legal and financial complexities. Yet, he considers these challenges worthwhile in securing the company's future and enhancing employee investment. His experience reflects the importance of planning and professional guidance when considering such a profound change. Lessons Learned: What Would Porter Have Done Differently? For entrepreneurs contemplating a similar route, Porter wishes he had been familiar with ESOPs sooner. This realization can serve as encouragement for founders of small- to medium-sized businesses to explore alternative options for succession, rather than solely considering financial payouts. It also shines a light on the importance of community and collaboration in building sustainable businesses. Final Thoughts: The Power of Conscious Consumerism As conscious consumers increasingly steer their purchasing decisions towards companies with strong ethical practices, Porter's move to make Malibu C employee-owned embodies a revolutionary shift in the beauty industry. The implications are vast—not just for employee satisfaction, but for long-term brand loyalty and consumer trust. As you consider where to spend your beauty dollars, think about the stories behind the brands. Supporting companies like Malibu C not only contributes to a healthier industry but also empowers workers in tangible, meaningful ways.

06.06.2025

Discover K-Beauty’s Next Icons with Muskat: A Fresh Take on Trends

Update Exploring the Evolution of K-Beauty with Muskat The South Korean beauty industry, widely renowned for its innovative skincare and makeup products, is getting a fresh wave of representation in America thanks to Muskat, a new curation platform aimed at introducing lesser-known K-beauty brands. Founded by Daniella Jung, an ex-Amazon business manager whose extensive experience includes integrating brands like Beauty of Joseon and Mediheal into the U.S. market, Muskat promises to pave the way for K-Beauty 2.0—a distinct phase that focuses on emerging, founder-driven brands that may not yet have gone viral online but hold significant potential. Pop-Up Launch: A Gateway to New Trends The launch of Muskat commenced with a vibrant four-day pop-up in LA's Koreatown, spotlighting innovative brands such as Amuse, Two Slash Four, and Nutexture. Muskat is not just about bringing products to American consumers; it’s about creating experiences. Jung has ingeniously devised strategies that include influencer partnerships to generate buzz and product demonstrations, ensuring that consumers can connect with these brands on a personal level. This initiative exemplifies how experiential marketing can draw in today's savvy consumers, making it appealing to those who seek authenticity in their beauty purchases. Marketing Strategies That Resonate To increase outreach, Muskat harnesses the power of social media through strategic advertising on platforms like Instagram and TikTok, targeting audiences where they spend most of their time. With a guest list featuring notable beauty influencers like Darcei Giles and Risabae, Muskat ensures that the brands showcased are not only seen but also celebrated, effectively integrating these brands into the fabric of American beauty culture. By harnessing a mix of influencer marketing and exclusive promotions, Muskat is set to carve out a substantial space within the competitive beauty market. The Mind Behind the Movement: Daniella Jung's Vision While K-beauty is often centered around skincare trends, Jung emphasizes a shift toward makeup, highlighting the growing interest fueled by pop culture icons and popular beauty aesthetics, such as the clean girl look. Such styles embrace minimalism and natural beauty, making them appealing to conscientious consumers who value high-quality, effective beauty solutions. As Jung relocates to Los Angeles to establish Muskat further, her vision remains clear: to showcase the untapped potential within South Korea's beauty industry while gearing up for smarter market strategies. Shape the Future of K-Beauty By focusing not only on existing trends but also on the brands likely to set the tone for future beauty standards, Muskat invites consumers to be part of a broader conversation about beauty innovation. This approach not only reveals the vibrancy of lesser-known brands but also encourages consumers to explore new avenues in skincare and makeup that align with their values of quality and sustainability. The K-beauty movement is evolving, and with platforms like Muskat leading the charge, beauty lovers can look forward to an exciting array of products that prioritize authenticity and conscious consumption. Are you ready to discover the next big names in K-beauty?

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Navigating the Real Cost of PR for Indie Beauty Brands: A Comprehensive Guide

Update The Hidden Costs of PR for Indie Beauty Brands As independent beauty brands work hard to carve out their niche in a saturated market, understanding the costs associated with public relations (PR) is essential. For many brands, the investment in PR is often seen as a necessary step towards gaining visibility and credibility. However, what is the true cost of PR, and what do these brands get in return? Understanding the Financial Commitment to PR The cost of employing a PR agency can vary widely based on multiple factors, including the agency's experience, the specific services offered, and the brand's objectives. Many indie brands find themselves spending anywhere from a few thousand to over ten thousand dollars a month. Beyond agency fees, brands must also account for additional expenses such as product samples, photoshoots, events, and marketing materials. What Brands Gain from PR Investments Despite the hefty price tag, the benefits that come from effective PR can be transformative. Brands gain not only exposure in established media outlets but also credibility. Feature articles and mentions in beauty magazines or on influential beauty blogs can significantly boost a brand's profile, drawing in new customers. This validation can translate into sales, making the upfront investment seem worthwhile. Real Stories From Indie Brands For instance, take the story of an indie brand that began with a shoestring PR budget. Initially, they struggled to get noticed, facing a barrage of competition. However, after strategically investing in PR services that resonated with their target audience, they secured a feature in a popular beauty publication. This exposure rapidly increased their sales and brand awareness, proving that even a small investment could yield significant returns. Consumer Perspectives: Are They Worth It? As consumers, especially conscious ones, understanding the dynamics behind the marketing of beauty brands is vital. Many women over the age of 35 are increasingly interested in the values and practices of the brands they support. Knowing that a brand invests in credible PR efforts may enhance their trust and loyalty, enriching the consumer-brand relationship. The Future of Beauty PR: Sustainability and Trends Looking ahead, the landscape of beauty PR is evolving. Consumers are gravitating towards brands that promote sustainable practices and transparency. Hence, indie brands that harness PR strategizing around these trends may stand out in the crowded marketplace. For instance, those that emphasize their eco-friendly packaging or cruelty-free ingredients in their narratives may attract more attention. What to Consider Before Investing in PR Before diving into PR, indie beauty brands should consider a few critical factors. Assessing the target audience, defining clear goals for the PR strategy, and selecting an agency that aligns with the brand’s values are all pivotal. Additionally, setting a realistic budget and timelines can ensure that the investment yields valuable results. The indie beauty world is rife with talented creators eager to make their mark. While the cost of PR may seem intimidating, understanding its value and potential can empower these brands to make informed decisions. The relationship between effective PR and positive consumer perception is undeniable. Investing in visibility could be the first step toward longevity in the beauty industry.

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