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Ambassador for Sustainable Beauty Practices and

Beauty Industry Disruptor

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Ed or’s Note


The Most Influen al Leaders

in Beauty Industry 2024

Welcome to The Tycoon Magazine's special

edi on, The Most Influen al Leaders in

Beauty Industry 2024! In this highly

an cipated issue, we shine a spotlight on the

innovators and pioneers who are redefining the

beauty landscape with their bold visions and

groundbreaking work.

Leading this illustrious lineup is our cover star, Heiki

Kanne, the visionary Founder and CEO of Aes

Skincare. Kanne has taken the beauty world by storm

with his commitment to sustainability, purity, and

natural beauty. With a deep-rooted passion for

harnessing the power of nature, Kanne has

transformed Aes Skincare into a global

phenomenon, offering a range of products that

resonate with a new genera on of conscious

consumers.

In our exclusive feature, Kanne shares his inspiring

journey—from his Estonian roots to the crea on of a

brand that embodies the perfect blend of tradi on

and innova on. Under his leadership, Aes Skincare

has become a leader in the clean beauty movement,

offering products that not only deliver excep onal

results but also respect the environment. Kanne's

approach to skincare is holis c, focusing on the wellbeing

of both people and the planet, and his vision

for the future of beauty is nothing short of

revolu onary.

This issue delves deep into the world of Aes

Skincare, exploring how Kanne's leadership and

passion for sustainability have shaped a brand that is

at the forefront of eco-friendly luxury. We explore his

dedica on to sourcing ethically, using natural

ingredients, and promo ng transparency in an

industry o en cri cized for its lack of accountability.

Kanne's leadership is a beacon of change, showing

how beauty brands can thrive by aligning with the

values of today's mindful consumers.

Beyond Kanne's remarkable story, this issue offers a

comprehensive look at the current state of the beauty

industry, highligh ng the trends, innova ons, and

leaders who are making a las ng impact. We examine

how sustainability, technology, and inclusivity are

driving change and shaping the future of beauty in

2024 and beyond.

We hope you find inspira on in the stories of

leadership and innova on featured in this edi on.

The beauty industry is evolving rapidly, and the

leaders at its helm are not just crea ng

products—they're building movements, challenging

norms, and se ng new standards for what beauty

can and should be.

As always, thank you for being part of The Tycoon

community. We look forward to hearing your

thoughts and con nuing to bring you the stories of

the most influen al leaders across industries.

Kevin Wiiams

Kevin Williams


C O N T E N T S

Cover ory

Jean-Marc Delabre

A Champion of

Eco-Conscious Beauty

Susan Kim Tsui

On a Mission To Deliver

Clean, Effective

Skincare For All Ages

Ambassador for Sustainable Beauty Practices and

Beauty Industry Disruptor

Article

The Future of Beauty

Key Trends

Shaping the

Industry in 2024


The

TYCOON Magazine

TEAM

CONTACT US

admin@thetycoonmedia.com +1 614 467 0981

www.thetycoonmedia.com

www.twitter.com/TheTycoonMag

www.linkedin.com/company/the-tycoon-media

www.facebook.com/thetycoonmedia




The Most Influential Leaders in Beauty Industry - 2024

Ambassador for Sustainable Beauty Practices and

Beauty Industry Disruptor

Heiki Kanne: Ambassador for Sustainable

Beauty Practices and Beauty Industry

Disruptor

Heiki Kanne is a visionary leader in the beauty industry and

the driving force behind Aesti Skincare OÜ. Recognized as

one of the most influential leaders in the beauty industry, he

has transformed skincare with innovative products and a

commitment to sustainability, setting new standards for

excellence in the field. Tycoon Magazine had a great

interview with Heiki, who shared his business journey and

what makes Aesti stand out in the industry.

1. Can you provide a concise overview of your

professional journey and the genesis of Aesti?

I was born and raised in Tallinn, Estonia's capital, where I

enjoyed a cheerful childhood filled with studies, sports, and

family events. My mother has been a pivotal figure in my

journey; her hard work, achievements at work and guiding

me have greatly influenced my path. Plus, my education at

Tallinn English College opened the door to the international

world and prepared me for life's uncertainties. It was during

high school that I first developed an interest in

entrepreneurship, discovering a natural inclination to

combine ideas and create new value.

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As I entered university, my interest in entrepreneurship

grew, though I was unsure of the direction to take. I

attended four universities, studying International Relations

and Business while exploring courses that caught my

interest. During this time, I also excelled in tennis, teaching

lessons and organizing competitions, inspired by legends

like Roger Federer and Rafael Nadal.

My first significant job was managing a sports equipment

store, where I built a team to optimize operations. I later

worked as a project manager in a real estate company

during Estonia's property boom from 2005 to 2008, gaining

valuable project management skills. I also participated in

various entrepreneurship seminars, broadening my

knowledge in areas like financial analysis and product

development.

In 2007, my sister faced hair loss, and the treatments she

received in Estonia weren't effective. She discovered a

Finnish methodology that successfully addressed her scalp

issues, primarily using peat for deep cleansing. This

prompted discussions in our family about why Estonian

peat wasn't utilized for skincare.

In 2009, I began researching the potential of Estonian peat

for beauty products, quickly realizing that no one had

explored its cosmetic applications in depth. After gathering

research and collaborating with the University of Tartu and

Tallinn University of Technology, we learned how peat

could alleviate various conditions. We developed a filtering

technology that produced pure, organic, and stable peat,

suitable for cosmetic use.

By 2014, we had enough material and feedback to launch

our company and brand, AESTI. The name, inspired by the

Roman historian Tacitus, represents the ancient roots of

Estonians. That same year, we partnered with Chemi-Pharm

AS to produce our first peat shampoo, which won two

beauty awards in Estonia. To date, we have developed 33

peat-based beauty products available in various countries,

including Estonia, Finland, and India.

My journey from a joyful childhood in Tallinn to a diverse

professional career reflects growth, learning, and

inspiration. The blend of family values, varied education,

and professional experiences has created a narrative rich in

potential. I am excited to continue writing the story of Aesti

and see what the future holds.

2. What were the primary challenges encountered

during Aesti's inception, and how were they overcome?

In the early years, Aesti faced challenges due to limited

information on peat's uses and benefits, requiring extensive

testing to understand its effects on human skin. Each

positive result fueled our determination, confirming that we

had discovered an exciting raw material for the beauty

industry. The peat in our products is 10,000 years old, and

while we found scattered insights about its properties,

comprehensive research was lacking.

Through continuous research and development, we refined

our products to maximize peat's benefits, establishing Aesti

as a trusted name in the beauty industry. We take pride in

offering natural solutions that enhance beauty and promote

skin health. In addition to scientific hurdles, we had to

educate consumers about peat's unique advantages, which

involved significant marketing efforts. The positive feedback

from our customers and the visible improvements in their

skin health motivate us to explore peat's full potential.

Hence, our vision is to lead in sustainable beauty,

committing to ongoing research to unlock even more

benefits from this ancient resource.

3. Could you elaborate on Aesti's unique offerings and

how it differentiates itself within the competitive beauty

market?

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Aesti is a unique player in the beauty

industry, renowned for its innovative use of

peat, a natural resource cultivated over

10,000 years. We proudly assert that

Estonia has the world's finest peat, backed

by the World Health Organization's

findings on the country's clean air quality.

The decomposition of plants over millennia

has created a rich and bioactive

composition in Estonian peat.

Peat offers exceptional deep-cleansing

properties, effectively addressing skin

issues like psoriasis, dermatitis, eczema,

and acne, unlike many products that rely

on a mix of synthetic components.

Currently, Aesti offers 33 products, with an

equal number in development, including

facial, hair, body care, and specialized

treatments. Our peat face mask is

particularly popular, rejuvenating and

refreshing the skin with noticeable results.

Our hair care products promote scalp

health and address various scalp

conditions, nourishing hair from the roots

with minerals and humic acids. Peat stands

out by providing multiple skin benefits on

its own, including cleansing, refreshing,

and anti-aging effects.

Aesti has won 10 beauty awards in Estonia

from 2015 to 2024, averaging one per year.

We received a very good credit rating (AA)

from Creditinfo in 2022 and 2023 and were

recognized as a TRUSTWORTHY

COMPANY by Äripäev in 2024. Our

products are made with 96% to 100%

natural components and are produced using

100% green energy.

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are well-represented and marketed

effectively.

Education about peat's benefits and our

sustainability efforts is a key part of our

strategy. We use social media, our website,

and in-store promotions to engage with

customers and provide valuable content,

fostering a sense of community around our

brand. Consistency in branding is vital for

a strong identity. We ensure that all

marketing materials, packaging, and

communications reflect our brand values.

Storytelling helps connect emotionally

with customers, deepening their loyalty.

To reward our loyal customers, we have

loyalty programs offering discounts,

exclusive offers, and early access to new

products. This recognition encourages

repeat purchases and strengthens

relationships.

5. Please highlight some of the key

milestones and accomplishments

achieved by Aesti under your

leadership.

4. What strategic approaches have you implemented to ensure Aesti's

continued success and market leadership?

To succeed in a competitive market, Aesti has implemented several key

strategies. Our focus is on partnering with distributors eager to differentiate

themselves by offering our unique product range made entirely from peat,

which has excellent skin benefits. The dark color of our products adds to their

market distinction. We maximize peat's beneficial properties while ensuring our

products are as natural as possible using current technology and produced

through sustainable practices.

We actively seek consumer and distributor feedback to enhance our products

and foster loyalty. By listening to our customers, we meet their expectations

and cater to diverse preferences, focusing on natural ingredients and effective

properties. Effective marketing and sales strategies are essential for our

success. We identify and collaborate with distributors who share our values and

enthusiasm for our products. Building strong relationships ensures our products

Achieving our current position is a

significant milestone for us. We have

grown from nothing to being

internationally recognized, with consistent

sales in foreign markets and numerous

international awards to our name.

However, we see this as just the beginning

and are excited about what the future

holds.

Launching a new product in such a

competitive market requires immense faith

and a touch of boldness. It demands

persistence, learning from our mistakes,

and maintaining motivation. As the world

changes, we must be analytical to avoid

wasting resources and find cost-effective

strategies. Remarkably, we achieved our

first profit only in our eighth year of

operation.

Under my leadership, Aesti has made

significant strides. We have introduced

innovative products using Estonian peat,

earning multiple beauty awards from

respected local magazines like Anne &

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Stiil and Iluguru. Our products are now exported to various

countries, including Japan, India, the USA, the UK, and

most EU nations through Amazon.

The Aesti team continues to innovate and expand, driven by

our commitment to creating high-quality, natural skincare

products that benefit both our customers and the

environment.

6. How has Aesti adapted to the evolving landscape of

consumer behavior and preferences in the beauty

industry?

Purchasing habits are changing significantly, with a rise in

social media and online sales. Video product launches and

influencer marketing are becoming more common, though

the impact of AI on these trends remains uncertain. Despite

this shift, many consumers still prefer traditional shopping,

wanting to physically interact with products before buying.

Aesti recognizes the importance of standing out on store

shelves.

Aesti has successfully sold products on Amazon for years,

with 86% of users giving 4 or 5-star ratings, attracting new

customers. In Japan and India, Aesti uses more traditional

sales methods, like selling through beauty salons where

customers can experience peat treatments. Customer service

representatives act as product advisors, enhancing

familiarity with the products.

There is also a growing focus on sustainability, with

consumers seeking eco-friendly products and transparent

ingredient lists. Aesti has adapted by ensuring their products

meet these criteria, building trust and loyalty among

customers. The trend toward informed consumers has led

Aesti to provide detailed information about their products

online, including ingredient lists and usage instructions.

Overall, each country has a unique selling approach shaped

by cultural habits. By collaborating with local partners, Aesti

aims to help customers become familiar with their products.

Staying adaptable to these trends allows my company to

thrive in a competitive market.

7. What are your strategic objectives for Aesti's future

growth and expansion?

Currently, we offer our products online through Amazon in

the USA, selected EU countries, the UK, and Walmart's

online store in the USA. In traditional retail, you can find our

products on shelves in Japan, India, and especially at

Rossmann stores throughout Poland, which has been a

significant growth area for us.

Our participation in the 2024 Cosmoprof in Bologna was

highly successful, resulting in 174 contacts from 53

countries. In the near future, we plan to enhance our presence

in existing markets by providing a more tailored product

selection for each country and collaborating with the contacts

we made at Cosmoprof.

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Our long-term goal is to expand our global distribution

network. Customer feedback has been overwhelmingly

positive, and we believe that natural cosmetics with

effective properties are in demand worldwide. We are

dedicated to making our products accessible everywhere,

ensuring that everyone can enjoy our high-quality skincare

solutions.

We are also committed to continuous innovation and

improvement in our product line to meet the changing

needs of our customers. By investing in research and

development, we aim to stay at the forefront of the natural

skincare industry, exceeding customer expectations.

If anyone reading this article believes our products would

complement their portfolio, we would love to discuss

potential collaboration opportunities. We are always eager

to explore new partnerships that align with our vision and

values.

8. What essential qualities do you believe are

indispensable for entrepreneurs in the beauty industry,

and what advice would you offer to aspiring

entrepreneurs in this field?

After 25 years of playing tennis, I have found that the

principles of sports apply well to entrepreneurship: create a

solid plan, work consistently, adapt when needed, and

surround yourself with supportive people. For aspiring

beauty industry entrepreneurs, focus on developing

effective, beneficial, and eco-friendly products. Understand

your customers' preferred channels for information and

engage with them there.

Stay informed about the latest trends by attending

conferences, participating in workshops, and networking

with professionals. Building a strong brand identity and

being transparent about ingredients helps establish trust and

loyalty with customers. Lastly, prioritize feedback by

regularly seeking input from customers to refine your

offerings and demonstrate your commitment to meeting

their needs.

2. Peat Face Mask: Apply raw peat to the face and leave it

on for 15-20 minutes. Peat is a natural humectant and

antibacterial, making it perfectly moisturizing, refreshing

and restoring the natural complexion of the facial skin in a

100% natural way. The best you can offer your facial area

once or twice a week.

3. Scalp Care: A healthy scalp is the foundation of healthy

hair. Use Aesti Deep Cleansing Shampoo once or twice a

week to remove the week's build-up from possible air

pollution and other non-natural hair care products to

maintain a clean, balanced scalp.

4. Digital Detox Before Bed: Give your mind a break from

screens at least an hour before bedtime. This helps improve

sleep quality, which is essential for overall wellness and

radiant skin.

5. Mindful Skincare Routine: Turn your skincare routine

into a mindfulness practice. As you apply each product,

take a moment to breathe deeply and appreciate the process.

This not only benefits your skin but also reduces stress.

6. Social Connections: Make time to connect with friends

and family. Strong social connections are important for

emotional well-being and can provide support during

challenging times.

10. Please provide a one-line quote that best

encapsulates your approach to business and your vision

for Aesti Skincare.

“Where there is a will, there is a way”.

Contact Details:

Heiki Kanne

CEO

Aesti Skincare OÜ

heiki@aesti.ee

WhatsApp: Heiki Kanne, +372 56 908 556

LinkedIN: Heiki Kanne

9. Could you share some valuable beauty or wellness

tips with our readers?

1. Aesti Peat Water Mist: Keep a spray bottle of peat

water in your bag. Use it throughout the day to refresh your

skin and set your makeup. This product makes miracles on

your skin. Japanese love it.

14




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18


Jean-Marc Delabre

A Champion of Eco-Conscious Beauty

Jean-Marc Delabre, the visionary behind

Végétalement Provence, is a name synonymous with

natural, organic skincare. A native of Provence,

France, Delabre's deep-rooted connection to the region's

rich botanical heritage inspired him to create a skincare line

that truly embodies the essence of the French Riviera.

The Visionary Behind Végétalement Provence

Delabre began his career at Marotte and then moved to

Dessange, where he worked from 1985 to 1989, laying the

foundation for what would become an impressive journey

in the beauty industry. His leadership skills were quickly

recognized, and in 1990, the visionary leader took on the

role of Managing Director for France at Sebastian

International, a position he held until 2002. During this

time, Delabre played a pivotal role in shaping the French

beauty market, most notably in 1994, when he successfully

orchestrated the launch of the OPI and Graham Webb

brands in France, both of which became widely acclaimed.

His influence in the industry grew further when he joined

the management committee of Wella France between 1999

and 2002, contributing to the company's strategic direction.

In 2003, Delabre expanded his entrepreneurial ventures by

launching the “Comme à la maison” concept alongside his

consulting firm, JMD. JMD quickly became a leading

player in the beauty industry, serving as the exclusive

consultant for Wella France's merchandising development.

In 2004, Delabre took on a new challenge as the Managing

Director of Hair Club, a network of 110 hair salons, where

he applied his leadership and vision to grow the business.

This experience laid the foundation for his next major

endeavor—founding Végétalement Provence in 2011, a

botanical care brand specializing in hair and skin

treatments. Under his leadership, the brand flourished,

gaining recognition for its innovative and eco-conscious

approach to beauty.

By 2021, the influential leader's expertise and vision led

him to take on the role of President at UBG Invest, a

holding company uniting all of the Group's diverse

activities. Under his leadership, Végétalement Provence

solidified its position as a leading force in the cosmetics

sector, continuing to set new standards for botanical beauty

care.

Where Nature Meets Innovation

Végétalement Provence was founded in 2011, during a time

when environmental awareness was far less prominent than

it is today. From the outset, the brand made the bold

decision to embrace a responsible, eco-conscious approach,

a move that set them apart in the industry. Its expertise in

utilizing botanical ingredients to create high-performance

products for professionals across a wide range of

needs—spanning hair, skin, lifestyle, and professional

care—helped establish them as a key player in the sector.

Over the years, Végétalement Provence has gone beyond

simply offering care products and collections. It has curated

an entire customer journey centered around the unique

interplay of botany, alluring fragrances, and technical

results, all designed to provide a holistic, transformative

experience. This commitment to both innovation and

sustainability has solidified its reputation as a leader in

merging nature with professional care, allowing them to

cater to the evolving needs of its clientele while staying true

to its environmental values.

Sustainable Solutions for Healthy Hair and Skin

After accumulating 30 years of experience in the hair

industry, Delabre was driven to create Végétalement

Provence following a significant worrying observation:

hairdressing ranks as the second most affected industry by

diseases related to professional exposure, such as asthma

and skin conditions. This concerning reality, combined with

a deepening awareness of ecological and environmental

issues, led him to completely rethink the traditional

approaches of the hair industry.

Hence, Végétalement Provence was born out of this desire

for change, with the aim of revolutionizing the industry by

setting new standards for both professionals and consumers.

The brand was designed not only to prioritize health and

19


well-being, but also to harness the power of

botanical care while ensuring the high-level

technical performance that professionals require.

By integrating natural ingredients with advanced,

eco-friendly formulas, Végétalement Provence

seeks to provide a sustainable alternative in the

beauty sector, reshaping how the world views and

experiences hair and skin care.

Through this innovative approach, the brand

offers a unique solution that respects the

environment, improves the working conditions of

professionals, and delivers outstanding results,

marking a significant shift in the industry's future.

Balancing Market Trends and Customer Needs

The Végétalement Provence team closely

monitors market trends while maintaining regular,

direct interactions with their clients. This dual

approach ensures that their product development

aligns not only with the evolving demands of the

market but also with the specific needs and

preferences of their customer base.

A notable example of this synergy occurred in

2023, when the brand introduced a new collection

of solid “nama” care products, crafted entirely in

France. These products, made from vegetable oils,

were designed to cater to the growing consumer

shift towards more sustainable, eco-friendly

beauty solutions.

People before the

brand, the people

who build the

brand.

By prioritizing both ecological and technical

standards, Végétalement Provence successfully

addressed the increasing demand for products that

are not only innovative but also environmentally

conscious and high-performing.

VG's Boutique: A New Chapter in Natural

Beauty

The evolution of Végétalement Provence's

concept salons serves as a perfect embodiment of

the VG philosophy and the distinctive customer

experience they provide. These salons are

designed to offer an environment where

innovation, natural beauty, and customer

satisfaction come together seamlessly. Since June,

the brand has reached an exciting new milestone

by launching its first-ever VG boutique, entirely

dedicated to retail.

20


This boutique represents a significant

expansion, focusing solely on retail

offerings and providing customers with

a space to fully immerse themselves in

VG's wide range of products. The new

venture emphasizes their commitment

to growth while staying true to their

core values of delivering a unique and

exceptional experience.

Future Roadmap

Under the leadership of Delabre,

Végétalement Provence, since its

inception, has focused on serving hair

and skin professionals. Building on this

expertise, it is now expanding its reach

to connect directly with consumers.

This shift includes developing its

collections for retail, with dedicated

100% retail boutiques and its newly

launched website,

www.vegetalement.com.

Delabre's Guide to Entrepreneurial

Success

According to Delabre, starting a

business is no easy feat. It requires a

unique blend of passion, determination,

and the ability to bounce back from

adversity. The entrepreneurial journey

is often filled with obstacles, but those

who possess resilience and

perseverance can overcome them and

achieve their dreams.

Beauty/Wellness Tip

A beauty or wellness tip by Delabre,

“Come and discover Végétalement

Provence, a botanical care brand

specialized in hair and skin.”

Advice To Aspiring Entrepreneurs

To aspiring entrepreneurs, Delabre

gives advice, “The first piece of advice

is to develop a concept and live and

breathe your project to make it viable.

Embrace your failures and your

successes. An entrepreneur must accept

failure, ingratitude, and focus on their

vision, evolving it with a team that

believes in the project. Ensure that the

leadership of the entrepreneur becomes

the leadership of a collective.”

21




The Future of

Beauty

Key Trends Shaping the

Industry in 2024

The beauty industry is undergoing a transformative period, driven

by shifts in technology, consumer expectations, and growing

awareness of sustainability and inclusivity. In 2024, beauty is no

longer just about appearance—it's about well-being, self-expression, and

ethical responsibility. The modern beauty landscape is defined by new

trends that reflect these priorities, and brands are adapting to meet the

demands of an increasingly conscious and tech-savvy consumer base.

1. Sustainability at the Core

Sustainability has become a central focus in the beauty industry, driven by

consumer demand for environmentally responsible products. Gone are the

days when packaging and ingredient sourcing were afterthoughts. Today's

beauty consumers expect eco-friendly packaging, ethical ingredient

sourcing, and cruelty-free production methods.

Many brands are innovating with sustainable packaging solutions, such as

biodegradable materials, refillable containers, and minimal use of plastics.

Water conservation is also gaining traction, with waterless beauty

products becoming more common, offering concentrated formulas that

reduce environmental impact during production and use.

Additionally, transparency is key. Consumers now seek clarity on where

ingredients come from and how they are sourced, pushing brands to adopt

ethical practices and disclose their supply chain processes. This growing

demand for transparency and environmental stewardship is redefining the

beauty industry's relationship with its customers.

2. The Rise of Beauty Technology

Advances in technology are transforming the beauty industry, making

personalization more accessible than ever. With the integration of artificial

intelligence (AI) and augmented reality (AR), consumers can enjoy

tailored beauty solutions and immersive shopping experiences.

AI-powered skincare tools are able to analyze individual skin types and

conditions, offering personalized recommendations for products that

address specific concerns. Meanwhile, AR technology allows consumers

to virtually try on makeup, hair colors, and even skincare effects in real

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time, without having to step foot in a

store.

This level of customization and

convenience is reshaping how

consumers interact with beauty

products, offering them an experience

that feels tailored to their unique needs

and preferences. Beauty technology is

moving the industry toward more

efficient and personalized solutions,

meeting the demand for precision in

product recommendations.

3. Wellness and Beauty: A Holistic

Approach

Beauty and wellness have become

intertwined, as consumers increasingly

view beauty as part of a broader,

holistic lifestyle. Today's beauty

products often emphasize overall wellbeing,

not just aesthetic enhancement.

This shift toward "inside-out beauty"

reflects a growing understanding that

physical appearance is connected to

mental and physical health.

Skincare products are now infused

with wellness-focused ingredients,

such as adaptogens, antioxidants, and

vitamins that promise to support stress

relief and enhance the body's natural

defenses. Beauty supplements,

including collagen powders and

vitamins that promote healthier skin,

hair, and nails, are also on the rise,

reflecting a desire for products that

contribute to well-being from within.

The focus on self-care is evident in

beauty rituals that promote relaxation

and mindfulness. Products are

designed to create a sense of calm and

well-being, making beauty routines not

just about appearance but about feeling

good and taking care of oneself

holistically.

4. Inclusivity Redefining Beauty

Standards

The beauty industry is increasingly

focused on diversity and inclusivity,

breaking away from outdated beauty

standards that once catered to a narrow

audience. Today, brands are making a

conscious effort to represent and cater

to all skin tones, body types, genders,

and ages.

Inclusive product lines have expanded

dramatically, offering a wider range of

shades for foundations and concealers

to accommodate the needs of diverse

skin tones. Additionally, brands are

developing skincare and haircare

products that specifically address the

needs of different ethnicities and hair

textures, ensuring that everyone is

represented in product offerings.

Inclusivity is not limited to product

development—it extends to marketing

and representation. Brands are

showcasing models and influencers

from all walks of life, embracing the

diversity of their consumer base. This

movement toward authentic

representation is reshaping the

industry, making beauty more

accessible and inclusive for all.

5. Purpose-Driven Brands on the

Rise

Consumers are increasingly seeking

out purpose-driven beauty brands that

align with their values. In 2024, it's not

enough for a beauty product to deliver

results—it must also reflect a

commitment to social, environmental,

or ethical causes. Whether it's

sustainability, cruelty-free practices, or

supporting marginalized communities,

consumers want to know that the

brands they support are contributing to

positive change.

Purpose-driven beauty brands are

focusing on more than just profit—they

are using their platforms to advocate

for important causes, from climate

action to social justice. This shift

toward meaningful branding is

resonating with younger generations,

particularly Millennials and Gen Z,

who prioritize values-based

consumption.

The demand for purpose-driven beauty

reflects a broader cultural trend, where

consumers expect businesses to play a

role in addressing global challenges.

Beauty brands that can demonstrate

authenticity and a genuine commitment

to positive change are more likely to

attract and retain loyal customers.

As we move through 2024, the beauty

industry is embracing a more

thoughtful and responsible approach,

with sustainability, technology,

inclusivity, and purpose driving the

evolution of the sector. Consumers are

no longer just looking for products that

work—they want brands that align

with their values, offer personalized

solutions, and contribute to a better

world.

The future of beauty is being shaped

by these forces, and brands that

embrace these changes are set to thrive

in a landscape where ethical

responsibility, well-being, and

innovation define success. As beauty

continues to evolve, it's clear that it's

not just about looking good—it's about

doing good, feeling good, and being

part of a larger movement toward

positive change.

26


27


Susan Kim Tsui

On a Mission To Deliver Clean, Effective Skincare For All Ages

In the world of beauty, where trends come and go, few

brands manage to make a lasting impact. Norie,

founded by visionary Susan Kim Tsui, is one such

brand, seamlessly blending science and nature to create

innovative skincare solutions. With a deep passion for

probiotic Korean ingredients and a commitment to clean

beauty, Susan is transforming how we view skincare,

making it accessible and effective for everyone.

A Journey from Embassy to Entrepreneur

Susan began her career in Korea and Singapore with the

dream of working at an embassy—a goal she successfully

achieved. The influential beauty leader worked at the

Canadian Embassy, promoting Canadian universities and

MBA programs. This role led Susan to senior positions at

the American Chamber of Commerce and Hewlett-Packard

in Singapore. In 2003, she seized the opportunity to join a

small team launching AmorePacific's flagship brand in the

U.S., moving to New York City as the brand's first

marketing hire. Under her guidance, the brand expanded

into major retailers such as Bergdorf Goodman, Neiman

Marcus, Holt Renfrew, and Sephora. Their impressive

global growth even became the subject of a Harvard

Business Case study.

After seven and a half years at AmorePacific, Susan

pursued an MBA before becoming VP of Marketing at Dr.

Jart+ in 2017. At the time, the brand was one of the fastestgrowing

skincare lines in the world, backed by Estee

Lauder Co. The brand was eventually fully acquired by

ELC. Susan later joined St. Tropez, part of the PZ Cussons

portfolio, as VP of Marketing and Co-Head of the

Americas. Despite her love for the brand, she left shortly

after the COVID outbreak in 2020 to take a break from

corporate life and pursue her dream of launching her own

brand.

“I'm proud of the pioneering work I did to globalize these

brands, as well as my role in establishing K-beauty as a

category in the U.S. This experience gave me the confidence

that I could develop and scale my own brand—from

knowing how to partner with labs to developing quality

formulations and collaborating with agencies and

retailers,” says Susan.

Norie: A New Era of Clean, Effective Skincare for All

The story of Norie is deeply personal. Susan's passion for

probiotic Korean ingredients led her to create a brand

focused on ultra-clean, gentle, yet highly effective skincare

for all ages. The inspiration came from her teenage

daughter, Natalie, a competitive fencer who began

experiencing breakouts. Susan attributed this to the constant

wearing of a fencing mask, which, like most sports

equipment, traps sweat, dirt, and bacteria. At the same time,

Susan herself, at 50, was also dealing with breakouts

triggered by stress, travel, and hormonal changes. And so,

Norie was born.

“Our hero ingredient, fermented white radish with Probiotic

L. Kimchii, is a natural antimicrobial that inhibits the

growth of C. acnes bacteria and reduces yeast and mold by

99.9%,” Susan proudly asserts. “Our cleanser also contains

2% salicylic acid and upcycled apple fruit extract, a unique

blend at the core of our 13 essential ingredients, which we

believe is the cleanest and most effective formula on the

market. We are proud that this is the first product of its kind

ever launched!”

Under Susan's leadership, Kimchii Cleanser achieved

significant recognition in its first year, winning

Cosmopolitan's Clean Beauty Award for “Best Treatment

Cleanser” and the TODAY Beauty Award for “Most

Innovative Cleanser for Oily Skin.” Susan, who believed in

the formula's uniqueness and effectiveness, was

overwhelmed by this external validation. These awards

reflect her dedication and the two-plus years spent

developing and testing the product.

Authenticity as a Catalyst

As a woman entrepreneur, Susan has prioritized an

innovation-driven growth strategy from the start,

recognizing that today's customers seek authenticity and a

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Be bold, own your narrative, and

chart your own unique path!

29


unique perspective in the brands they support. She believes

true innovation requires the courage to be authentic and

create something entirely new. While customer-centricity is

vital for adding value, Susan notes that disrupting the

market often requires going beyond traditional customer

feedback, aligning with Steve Jobs' famous statement: “It's

not the customer's job to know what they want.” Although

various factors influence customer loyalty, Susan believes

the most significant driver is simply having a product that

works. By focusing on high-quality products, she is

confident that customer satisfaction and loyalty will

naturally follow.

Motivated Minds, Conquered Challenges

Susan began developing Norie in 2021, during the height of

the COVID pandemic. At the time, the supply chain faced

significant disruptions, leading to increased costs for

skincare ingredients and shipping. While she initially aimed

to launch two products, she was only able to introduce one:

the Kimchii Cleanser. This practical decision ultimately

forced her to focus on a single product, which turned out to

be a blessing in disguise. Susan believes that launching with

a strong hero product is more beneficial than debuting an

entire collection. By starting with one exceptional item,

entrepreneurs can test the market, understand their

customers, and grow their brand accordingly.

Today, as the founder of a self-funded brand led by an

Asian American woman, Susan feels motivated to serve as a

role model for aspiring female entrepreneurs and for her

teenage daughter. She aims to inspire others to believe that

with perseverance and hard work, they can turn their ideas

into reality, no matter how small. By incorporating the

probiotic strain from kimchi, she and her lab developed a

skincare product that is now helping countless people.

Leveraging Amazon for Growth

Leveraging Amazon in the company's early go-to-market

phase provides a solid foundation for future retail expansion,

making it a strategic launchpad for long-term success.

Future Roadmap

Under Susan's leadership, Norie plans to continue

innovating for individuals with acne-prone skin while

enhancing customer connections and community growth.

The brand aims to engage with smaller specialty beauty

retailers in early 2025. Its long-term goal is to establish a

strong presence in the U.S. market before expanding

globally, with a focus on Asia and Europe.

Essential Qualities for Every Founder

As a founder who has faced both challenges and triumphs in

building her skincare brand, Susan understands the unique

pressures of entrepreneurship. She believes resilience and

optimism are essential traits for founders, emphasizing the

importance of bouncing back from rejection by retailers,

investors, and customers without taking it personally.

Instead of being discouraged, founders should remain

committed to their goals and have faith in themselves and

their journey. In today's market, brands can quickly shift

from obscurity to success, making adaptability crucial.

The Secret to Clear Skin

According to Susan, the secret to radiant skin often starts

from within. Good gut health is essential not only for the

brain but also for the skin, as the gut-skin connection shows.

Probiotic foods like yogurt, kombucha, miso, and kimchi

support a balanced microbiome and strengthen immunity.

Inspired by the clear skin of Korean diets rich in fermented

foods, she included a probiotic strain from fermented radish

in her cleanser to help balance the skin's microbiome and

reduce acne-causing bacteria.

The beauty and wellness market is experiencing a dynamic

transformation, creating significant opportunities for indie

brands, according to Susan. Today's consumers are drawn to

cleaner, healthier, and more distinctive products, often

backed by genuine stories. The rise of social media has

revolutionized content discovery and shopping. Susan

believes that platforms like Amazon and direct-to-consumer

(DTC) channels have reduced entry barriers, allowing small

brands to reach audiences previously out of reach.

Currently, Norie is prioritizing Amazon for growth due to

its position as the leading search and discovery platform.

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