Powerful Transformers of Beauty Industry
December 6, 2017
12:30 PM - 5:00 PM
Yale Club Manhattan
12:30-1:00 PM Network Reception and Lunch
1:00-1:10 PM Opening Statement
DoHyun Cho, PhD
CEO and President, W Medical Strategy Group / Chairman, New York Health Forum
"Bigger, Cleaner, Smarter, and Trendy: Demand-Driven Beauty Industry Transformation"
1:10-2:00 PM Session 1
"Shop or Drop: The Inevitable Path for Growth in Beauty"
The 1st session, “Shop or Drop: The Inevitable Path for Growth in Beauty” is designed to provide insights of “What would be the major trend and outlook for global beauty industry”. The beauty industry has seen a large number of mergers and acquisitions (M&A) over the past five years with key industry players building their business by adding brands- large and small- to their portfolios. These growth activities can be the result of several factors. In this section, we discuss the current trend and landscape of the beauty industry in various perspectives including socioeconomic and cultural aspects.
Yiqin Shen, Senior Reporter (Mergermarket) (Moderator)
Hana Ben-Shbat, Partner (AT Kearney)
Marko Horvat, Vice President (Financo Investment)
Jaewook Yoo, Director (KOTRA)
2:00-2:50 PM Session 2
"Embracing the Era of Natural Ingredients: Eco-innovation in Beauty Industry”
The 2nd session, “Embracing the Era of Natural Ingredients: Eco-innovation in beauty Industry” is designed to provide insights on significant growth of natural ingredients in beauty products and ever-more increasing consumer demands for safer and cleaner products in the marketplace. For the last decade, many household and personal product manufacturers announced that they would reduce or eliminate a range of questionable ingredients from their product lines. As a result, hundreds of cosmetics and personal care products had been reformulated. In this section, we discuss the current trend and landscape of the beauty industry in various perspectives including business, environment, socioeconomic and cultural aspects.
Karen Yook, Director (Green Alley) (Moderator)
Kathleen Broderick, U.S. Representative (isoi Cosmetics)
Allison Santhouse, PA-C, Clinician (Schweiger Dermatology Group)
Kristin Booker, Writer (Fashion.Style.Beauty)
2:50-3:00 PM Networking Break
3:00-3:45 PM Session 3
"Building a Right Platform: Key Legal Issues in the U.S. Beauty Industry"
The 3nd session, “Building a Right Platform: Key legal issues of the U.S. beauty industry” is designed to provide insights on key legal issues associated with U.S. beauty industry. Expert views on exploring how best to keep the cosmetics and personal care brands in good standing with consumers, with national and state governments, and in the eye of the law. Regulatory, including safety and labeling requirements of the products will be addressed. Intellectual property issues such as patents, brands, trademarks and other legal rights and possible litigation issues also need to be discussed. In this section, we discuss the current legal and regulatory landscape of the beauty industry.
Joe McMenamin, MD, JD (EVP, W Medical Strategy Group) (Moderator)
Tony Handal, JD, Partner (Greenspoon Marder)
Ji Soo Yoon, JD, Compliance Officer (Green Alley)
Steven Shapiro, JD, Of Counsel (Rivkin Radler)
3:45-4:30 PM Session 4
“Powerful Transformers of Beauty Business: Influencers & Social Media”
The 4th session, “Powerful Transformers of Beauty Business: Online Marketing & Social Media” is designed to provide insights on significant growth of online market platforms as well as inevitable importance of digital spaces including social media. Digital marketing trends on social channels and even in stores are changing the way the beauty industry interacts with consumers. Virtual experiences and curated social contents are leading the consumers in making decisions. In this section, we discuss the current trend, business models and digital landscape of the beauty industry.
Joseph Nam, Senior Associate (Madison Bay Capital Partners) (Moderator)
Laura Carabello, Principal (CPR Strategic Marketing Communications)
Matthew Prepis, Director of Business Development (SmartSites)
Sue Park, Branch Manager (StyleKorean)
4:30 PM WMSG Award Ceremony
5:00 PM Closing