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Beauty Insights: “Grab the popcorn, 2026 will be off the charts”

by Sophie K/vella, Senior Director at Perpetual

Beauty has always been my first business language, and it shows no sign of stopping. I thoroughly enjoy walking into a Sephora or an Ulta and taking it all in: the new launches, the revised artistic directions, the innovative ingredients, the disruptive textures, the appealing merchandising, where the brand are positioned, how much space they have been given, I could go on and on. 

This business is always bubbling with creativity and never disappoints. For the past 2 years, I have now been looking at this industry through an HR lens and I am enjoying the view. Let me walk you through a few observations: 


Expansion of the territory

Beauty usually means makeup, skincare, fragrance and hair care. These categories, across all channels and price point, represent an average $590B. But recent launches have seen the emergence of key players in the sun care, bath and shower, beauty supplements, spa services, aesthetics injectables. We are talking another $820B in potential business.  

When it comes to recruiting in these categories for marketing, one key observation is that fragrance still remains its own island: brands overwhelmingly prefer fragrance experts to work on fragrance, whereas other categories thrive on people coming from other backgrounds. Having never worked on fragrance myself, it’s still akin to alchemy for me, I would tend to agree that you need to be introduced to the rules of fragrances to understand its subtleties. 


Increased need for hybrid profiles

In recent searches that I had the pleasure to work on, I have noticed that we are slowly moving from pure profiles like brand marketers or strategic planners and heading towards profiles that have experienced all aspects of their categories. Marketers who have handled brands centrally but also have worked regionally on more trade marketing topics, branding experts who also know how to handle a budget, develop and forecast commercial activities.  

It does make our lives as recruiters more interesting, and it’s not (only) our clients looking for that one in a million, it’s also a reflection of a society that is becoming increasingly complex and requires a complete 360 approach to understand the whole situation.  

It’s also very encouraging for young graduates joining the work force: you don’t need to have it all figured out, find your topic and explore around it. It will colour your profile in a unique way for future opportunities.


Different talent policies

With lukewarm results in the US and Asia still not recovered, as well as brands changing hands (L’Oréal alone absorbing Medik8, Color Wow and Kering Beauty in 2025), major beauty players are freezing hiring for 2026. It means for them a greater challenge at keeping their talents as fewer positions upward will open, and keeping them motivated. We have also noticed smaller brands unexpectedly activating competition clause which they were not previously, to keep their talents. It leads to great internal mobility programs being set in motion finally, but it will also lead to some inertia industry-wide. 

What it means for us as HR advisory is that our talent development activity has increased over the last year, allowing us to partner with brands and teams in the longer run to optimize individual and team performance. 

This year will definitely be a (re)formative one for beauty, and more specifically for talents and teams. I hope you’ll enjoy the ride as much as I will. 


About the Author, Sophie K/vella

Sophie K/vella

Sophie K/vella is a Senior Director at Perpetual, with over 20 years of international experience in the Beauty and Luxury industries. She has led global product strategies at brands including Lancôme, YSL Beauty and Shu Uemura in Tokyo, and now advises high-growth beauty startups and boutique agencies on brand positioning, innovation and go-to-market strategy.