Maesa's Scott Oshry on why retail isn't dead: 'Newness drives sales'

Maesa's Scott Oshry on why retail isn't dead: 'Newness drives sales'

Scott Oshry didn't get into the beauty industry because of a life-long love of cosmetics or hair care. He, alongside his college friend Sean Brosmith, created the CD storage sleeve in the early 90s, which solved a basic need through design. Still, as he put it on the Glossy Beauty Podcast, that experience of making a suite of successful products informed Oshry's work as partner and CMO of beauty brand incubator Maesa. Though Maesa has been in business for 25 years and helped build private label lines for Target, Zara and H&M, largely in the fragrance category, it has shifted its focus to get companies like Flower Beauty, Hairtage by Mindy McKnight, Kristin Ess and Believe Beauty off the ground. Before starting Flower Beauty with Drew Barrymore, for instance, Oshry recalled the moment when he realized that "instead of building up other people's brands, we should be building up our own." In this way, Maesa went from a hit-maker behind the scenes to one that has just started to flaunt its prowess publicly -- a majority stake from Bain Capital in 2019 certainly helped. "We're a 25-year-old company, so we've constantly been growing," Oshry said. "We grew at about 50% just domestically last year, and we'll grow another 60% domestically this year," he added. In 2020, Maesa expects to reach $310 million in revenue.

Jaksot(381)

Thirteen Lune’s Nyakio Grieco: ‘People buy into people before they buy into products’

Thirteen Lune’s Nyakio Grieco: ‘People buy into people before they buy into products’

After selling her skin-care brand Nyakio Beauty to Unilever in 2017, Nyakio Grieco set her sights on beauty retail with the launch of Thirteen Lune in 2020. As multiple beauty retailers were pledging ...

5 Tammi 202340min

Year in Review Beauty Podcast: TikTok-driven sales spikes, the end of the DTC era, and a metaverse reckoning

Year in Review Beauty Podcast: TikTok-driven sales spikes, the end of the DTC era, and a metaverse reckoning

It’s that time of year again. To wrap up 2022 on the Glossy Beauty Podcast, West Coast correspondent Liz Flora, beauty and wellness editor Emma Sandler, and senior reporter Sara Spruch-Feiner sat down...

22 Joulu 202248min

Dr. Dennis Gross: 'I'm a big believer in no downtime'

Dr. Dennis Gross: 'I'm a big believer in no downtime'

For many consumers in the market for cosmetic procedures, busy lives often mean that anything with an at-home recovery period isn’t always possible. That concept has been a big selling point for Dr. D...

15 Joulu 202241min

Mario Dedivanovic: ‘Makeup is going to start really picking up’

Mario Dedivanovic: ‘Makeup is going to start really picking up’

In 2008, Mario Dedivanovic was working the retail floor at Sephora. Now, his own eponymous brand can be found on its shelves. On this week’s episode of the Glossy Beauty Podcast, celebrity makeup arti...

8 Joulu 202229min

Fable & Mane founder Akash Mehta on creating space for Ayurveda beauty

Fable & Mane founder Akash Mehta on creating space for Ayurveda beauty

For Akash Mehta, Ayurvedic beauty is a family business. Growing up in a British-Indian household, Mehta interacted with Ayurveda, an alternative medicine system with historical roots in the Indian sub...

1 Joulu 202249min

Slatkin & Co.'s Harry Slatkin on staying entrepreneurial while building billion-dollar brands

Slatkin & Co.'s Harry Slatkin on staying entrepreneurial while building billion-dollar brands

When Harry Slatkin and his wife, Laura, built Slatkin & Co., they disrupted the fragrance industry by making home fragrances accessible to a wider demographic. Slatkin sold Slatkin & Co. to Limited Br...

17 Marras 202249min

Edgewell CEO Rod Little: ‘We're operating more like a startup and disruptor’

Edgewell CEO Rod Little: ‘We're operating more like a startup and disruptor’

When beauty and personal care executive Rod Little joined personal care conglomerate Edgewell as CFO in 2018, the company’s core businesses of shaving and feminine care were seeing mid-single-digit de...

10 Marras 202245min

Isamaya Ffrench on creating beauty that 'people can step into and feel inspired"

Isamaya Ffrench on creating beauty that 'people can step into and feel inspired"

Nearly every turn in Isamaya Ffrench’s career was unexpected. Ffrench grew up in a family of engineers and didn’t ascribe to the glamorous rituals her mother and grandmother practiced when she was a c...

3 Marras 202238min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-startup-ministerio
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-rentotapaus
rss-sisalto-kuntoon
rss-porssipodi
sijoituspodi
rss-lain-elamaa
rss-rikasta-elamaa
rss-tuottava-ja-hyvinvoiva-pk-yritys
rss-asiakaskokemusklubi