Hollr’s Post

Few industries in the world are as embedded in everyday life as beauty and personal care. The industry is also a cornerstone of the European economy and a key driver of #innovation. #ValueOfBeauty Alliance member L'Oréal Groupe has recently unveiled their latest innovations at Viva Technology, from advanced bioprinted skin technology to Gen AI content lab, a way of reinforcing their commitment to a #beauty that is more personalized, inclusive, and responsible. You can find out more in the video below.     To learn more about the Economy & Innovation pillar of the ‘What is the Value of Beauty?’ report, visit: https://lnkd.in/euAVMjVC

Can the beauty industry lead the way for more diversity and inclusivity? The answer was yes at this great panel discussion we had at #Cosmoprof2024. Valerie Vacante Rachel Weiss Dina Fierro and Raffaella Gregoris joined me on stage with Hannah Tindle moderating. Here's what I said While allowing more people to interact and share values, the virtual world is giving extreme opportunities for personalization and highly individual experiences. “The beauty industry is one of the first to train models to different approaches, archetypes, skin types, complexions, and ages. It is a real opportunity for the beauty industry to take a leadership role: it is an incredibly diverse, multi-cultural, and multi-age space”, highlighted Robin Raskin. https://lnkd.in/ekQ2AMXQ

Excited to announce the launch of the K-Beauty Trend Summit 2024! To access exclusive content, use VIP Access Code:  https://lnkd.in/gY4XMDWP Recently I had an insightful conversation with Kei Chun from Trendier AI, exploring the future of K-Beauty. Our discussion covered: K-Beauty's Impact and Future > Influence on US beauty market trends > Long-term popularity prospects in the US > Implications of Warren Buffett's Ulta investment for the beauty industry K-Beauty Business Insights > Attractiveness for US investors > Common pitfalls for K-Beauty brands entering the US market > Top 3 factors investors consider in companies Expert Advice > Guidance for K-Beauty founders For a deeper dive into our conversation, check https://lnkd.in/gTinq7_E Don't miss this opportunity to stay ahead in the dynamic world of K-Beauty! #K-Beauty #K-Beauty2Global #igniteXLVC #Beauty #Trends #Korea #US #Innovation #Global

#Servitization #Technology #BusinessModelInnovation Excited to share insights from L'Oréal's latest presentation at the Autonomous Innovation Summit. L'Oréal is revolutionizing the beauty industry by integrating cutting-edge technology and enhancing product servitization to create new business models and engage customers in more meaningful ways. Here's how L'Oréal is leading the transformation of the Beauty Industry: #Partnerships & #Collaborations: Collaborating with technology leaders like Verily, an Alphabet precision health company, L'Oréal harnesses vast data sets to launch innovative products. These partnerships are key to advancing their technology and expanding their reach to health and wellness. #CustomerCentric Solutions: L'Oréal improves its customer experience and engagement through 4 types of services.  ↗ Guide. Virtual try-on apps using augmented reality, are accessible even in virtual meetings. ↗ Diagnose. In-depth hair diagnostics with gadgets like K-Scan are available both online and in salons. ↗ Predict. Utilizing data to foresee and meet future beauty needs, enhancing longevity and satisfaction. ↗ Coach. Their Beauty Genius, an AI-powered personal beauty assistant, offers personalized diagnostics and recommendations, reinventing how users interact with beauty brands. #Sustainable & #Inclusive Innovations: From bioprinted skin technology that mimics human skin for advanced research to the CREAITECH GenAI Beauty Content Lab enhancing creative content production, L'Oréal is setting new standards in beauty tech. By leveraging technology, L'Oréal enhances beauty while ensuring a personalized, inclusive, and sustainable future. In this case, the quote “every company is a tech company” resonates even more with me.

🚀 Exciting News: Absolut Vodka Takes on AI Bias in Fashion! 🎨 In a groundbreaking move, Absolut Vodka has joined forces with Copy Lab to tackle the lack of diverse representation in AI-generated fashion content. Their "Absolut Intelligence" initiative aims to train AI to be more inclusive and less biased by using 10,000 diverse image prompts. Here's the scoop: 📸 10,000 Image Prompts: Absolut and Copy Lab have fed AI datasets with a wide range of fashion, culture, and identity images to promote diversity. 🌍 Global Impact: A selection of AI-generated images is now available for free download on Unsplash, a leading stock image website, for anyone to use. 📰 Copy Magazine Feature: These images will also be featured in the upcoming edition of Copy Magazine, the world's first printed AI fashion magazine, to showcase the power of inclusive AI. 🔍 Why It Matters: AI, especially generative AI, has faced criticism for biases and stereotypes. Absolut's initiative is a step towards more accurate and diverse AI outputs. 🌟 Brand Commitment: Absolut has been a champion of inclusivity and diversity for over 40 years. This initiative is a continuation of their commitment to creating a more equitable world. Join the Conversation: What are your thoughts on AI bias in fashion and the steps companies like Absolut are taking to address it? Follow Gulnaaz G for more updates on innovative initiatives like these! 🚀 #AbsolutIntelligence #AIinFashion #DiversityandInclusion #InnovativePartnerships

Demand Planning - based on sales history and past promotions, powered by predictive ML and AI algorithms. #cosmetics #skincare #makeup #demandplanning #productionplanning #forecast #optimization #scheduling #manufacturing #ai #ml https://lnkd.in/e4tn4SVd

It’s that time of the year again… #BoFVoices was back, bringing together fashion leaders to explore the most pressing challenges facing the industry 🎤 #AI was a key topic across panels: from the transformative power of AI in creating photorealistic content and redefining live performances, to the use of #GenAI in solving fashion’s discovery challenges. Panels also explored how AI-driven real-time production can address the industry’s growing waste crisis, while thought-provoking conversations on cultural relevance in the algorithmic age highlighted how brands like SKIMS and On are innovating through product development, collabs, and consumer-focused strategies. Our key highlights: 🎭 Tom Graham shared how photorealistic AI is revolutionizing content creation, from de-aging actors (#Here) to live performances like Eminem at the VMAs 🚀 Jefferson Hack emphasized AI's transformative potential, likening it to past tech revolutions in music and film 🛍️ Julie Bornstein introduced Daydream, using AI-driven tools like image-based product matching and "style passports" to personalize online shopping 🌍 Lawrence Lenihan called out the waste crisis, with AI-powered, real-time manufacturing to align supply with demand and reduce overproduction 👟 David Allemann (#On) reflected on sportswear as the "new fashion," citing the synergy between sports & fashion and On’s collab with #RogerFederer 💫 Jens Grede shared how #KimKardashian's creative and product vision propelled #SKIMS to cultural relevance, with exciting collaborations like Skims x DOLCE&GABBANA. BoF Voices #2024 left us inspired by how innovation and AI is reshaping fashion’s future. Which of these trends do you see leading the way forward? 👇 The Business of Fashion #BOF #AmazonFashion #SKIMSxDG #fashion #fashiontech

🌍 We were delighted to host an evening of insight and inspiration at our ‘Shaping the Future’ dinner event in partnership with the Gloss and luxury brand Dior, where panellists shared their personal career experiences and visions for the future. 🎙️ Following thought provoking panel discussions, guests enjoyed an inspiring conversation with Stephen Jones, milliner and Creative Director of Hats at Dior and an exclusive fashion salon show. Technologies such as AI are already reshaping companies, commerce and careers, re-calibrating in real-time, how value and competitive edge can – and will - be created. This is the next chapter. This is how the future is being shaped. #ShapingtheFuture #AI #GEnAI

The AI-driven beauty and cosmetics market is experiencing explosive growth, rising from $3.27 billion in 2023 to a projected $3.97 billion in 2024, reflecting a compound annual growth rate of 21.5%. Olfa Messaoudi, Chief Digital and Marketing Officer of L'Oréal Middle East, emphasizes that AI and AR are more than just industry trends—they’re transforming how brands engage with consumers on a highly personal level. "With AI and AR, brands can now instantly offer highly tailored experiences to customers on a massive scale and from almost anywhere," says Alice Chang, CEO of Perfect Corp. Read more: https://lnkd.in/g_wCYX_i

Data Is no longuer for Tech companies. Listen to Christophe Babule, L'Oréal Group CFO in how L’Oreal uses data to bring value to our consumers and employees. #data #beautytech #weareloreal #BeautyThatMovesTheWorld