The Best of BoF 2024 : Where Skincare Will Go Next

The Decline of Cerave and La Roche Posay

The two L’Oréal-owned megabrands, Cerave and La Roche Posay, have been facing a significant decline in sales, with both brands missing their expectations by more than 10 percent in October. This decline is a concerning trend, especially considering the brands’ strong track records in the skincare industry.

Key Factors Contributing to the Decline

Several key factors are contributing to the decline of Cerave and La Roche Posay. Some of the most significant factors include:

  • Changing consumer preferences: Consumers are increasingly looking for more sustainable and eco-friendly products, which is leading to a decline in sales for brands that do not meet these expectations. Increased competition: The skincare industry is becoming increasingly competitive, with new brands and products emerging all the time. This increased competition is making it harder for established brands like Cerave and La Roche Posay to stand out. Lack of innovation: Cerave and La Roche Posay have been criticized for not innovating enough in recent years, which is leading to a decline in sales and a loss of market share. ## Neutrogena’s Efforts to Regain Ground*
  • Neutrogena’s Efforts to Regain Ground

    Neutrogena, another L’Oréal-owned brand, is making efforts to regain its lost ground with Gen-Z shoppers.

    Skincare Goes Mainstream, with a Focus on Aesthetics and Social Media Influence

    The rise of social media has also led to a growing demand for skincare routines that are visually appealing and Instagram-worthy.

    The Rise of Aesthetic Skincare

    The world of aesthetics is no longer just about physical appearance; it has become a significant factor in shaping the skincare industry. As a result, we can expect to see more wrinkle-targeting serums and an increased prevalence of injectable clinics. Key characteristics of aesthetic skincare:

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