Tech, social media, quick commerce are reimagining the beauty business

A rash of D2C brands along with tech-driven recommendations—think personalisation, courtesy of artificial intelligence-are finding their way not just into the snobby salons of South Mumbai and South Delhi, but also the dusty markets of smaller towns and cities

Brian Carvalho
Published: Dec 20, 2024 10:45:17 AM IST
Updated: Dec 21, 2024 10:49:19 AM IST

When Elizabeth Arden arrived in New York from Canada in 1907, her name was Florence Nightingale Graham. It was a decade before women got the vote, a time when to show so much as an ankle was horrifying, when less than 16 percent of America’s houses were wired for electricity, when a single woman might conceivably have a job, but definitely not a career, and on marriage was expected to retreat to her husband’s side and look after hearth and home.

An extract from War Paint (2003), a biography of Helena Rubinstein and Elizabeth Arden, by Lindy Woodhead.

War Paint, as the book lets on at the outset, is the story of two women who were ‘indisputably, the originators of the global, luxury beauty industry as it exists today’. These were the first women to lend their names to the luxury brands they built. As Woodhead notes, they created the beauty regimes we take for granted today—lipstick in a ‘push-up metal container developed from cartridge shells after the First World War’, lip-gloss and lip-pencils, and much more.

Arden and Rubinstein gave women a freedom of expression ‘analogous to women gaining the right to vote’. Perhaps most important, more than the ‘promised beauty’ of the products, Woodhead reckons was their underlying philosophy: That women deserve time for themselves; that women who spend time on a beauty regime are not being ‘self-indulgent or vain’.

Why do these women ring a bell more than a century later in another neck of the global woods in a rapidly changing digital and social media age? The answer may well lie in this Forbes India special issue on beauty—which is not only as much about eyeliners, mascara and dabs of rouge as it is about the levelling of the playing field. A rash of direct-to-consumer (D2C) brands along with tech-driven recommendations—think personalisation, courtesy of artificial intelligence—are finding their way not just into the snobby salons of South Mumbai and South Delhi, but also the dusty markets of smaller towns and cities.

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Forbes India’s Neha Bothra, who spotted the bustle in beauty—along with much hustle—and conceived this package, points to what’s driving furious growth and investment: Higher disposable incomes and exposure in the metro cities coupled with brands focusing on affordability in smaller towns (as well as in the less pretentious nooks and crannies of the big cities). And the growth is being fuelled by all generations, from Gen Alpha to the baby boomers.

Throw in Instagram, both a window to tips on glamour and a platform for showing off your gorgeous self, the rise of electronic and quick(er) commerce, and you have a recipe for growth that may seem at odds with that of the Indian economy itself. In ‘The Growth of GRWM’ on page 54, Samidha Jain explains how social media has disrupted the model of beauty trends traditionally shaped by fashion magazines, legacy brands and celebrities. Today, she writes, everybody from professional makeup artists to the neighbourhood everywoman can be a trendsetter.

Also a must read is Rajiv Singh’s account of his visits to the vibrant districts beyond Lucknow, from Rae Bareli to Barabanki, where he discovers that lipstick enriched with Vitamin C, hyaluronic acid and a sun protection factor rivals bangles and mehendi for attention. For more on that, turn to ‘Gloss And Glitter For Bharat’ on page 36.

The origins of these myriad hues and dreams lie not necessarily with the brands plastered on the packaging. Bothra trawled the contract manufacturing belt for beauty and personal products in the National Capital Region and captured the boom times there. ‘Turning Heads’ on page 28 is also an eye-opener on how the industry works, and what often doesn’t work.

Best,

Brian Carvalho

Editor, Forbes India

Email: Brian.Carvalho@nw18.com

X ID: @Brianc_Ed

(This story appears in the 27 December, 2024 issue of Forbes India. To visit our Archives, click here.)

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