Eco-friendly label Conserving Beauty, skincare brand Dâyou and cosmetics seller Fara Homidi are the winners of the inaugural The Business of Beauty Global Awards.
The winners, who were announced during the farewell celebration at The Business of Beauty Global Forum in Napa Valley on June 4, were carefully selected by our all-star jury. Jury members include Shana Randhava, The Estée Lauder Companiesâ New Incubation Ventures senior vice president, Priya Venkatesh, global chief merchandising officer at Sephora, Heela Yang, co-founder and CEO of Sol de Janeiro and Robin Tsai, general partner at VMG Partners, alongside Imran Amed, BoFâs founder, CEO and editor-in-chief, and Priya Rao, executive editor of The Business of Beauty.
Our jury praised the foundersâ innovation, shrewd business acumen, nimble trend creation and product quality.
Conserving Beauty, founded by Natassia Nicolao Grace, received the Social Impact award for its innovative dissolvable formulas â no longer do sheet masks, pimple patches and makeup wipes need to be trashed or flushed, as Consvering Beauty has pioneered technology which allows them to dissolve completely in water.
The recipient of the Business Innovation Award is Dâyou, founded by Shamika Haldipurkar. The company was honoured for its diligent, boots-on-the-ground approach to launching a skincare brand. Careful social listening and market research in its domestic market, India, has helped the brand create products both specifically targeted for its local audience and having great global appeal.
Meanwhile, the award for Creative Execution went to Fara Homidi Beauty. With a distinctive, evocative and luxurious brand identity, Fara Homidiâs cosmetics products are carefully designed with elegance and sophistication. Our judges were impressed by Homidiâs coherent brand universe, that both signalled tacility, playfulness and luxury.
For any hopeful entrants for next yearâs edition, more information will follow in early 2025.
