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When most people think of innovation in beauty, they picture lipsticks in luxe packaging, serums promising radiant skin, and campaigns that redefine representation. Beauty is often viewed through the lens of artistry, aesthetics, and culture, as reflected in what we see on shelves, in advertisements, and on social media feeds. But innovation in beauty is no longer limited to what meets the eye—it’s being redefined behind the scenes. At the intersection of science, technology, and self-expression, companies like L’Oréal Groupe are reshaping what beauty means and how it’s created. Today, innovation looks like AI tools that recommend your perfect foundation match, lab-developed molecules that transform your skin, and personalized haircare products and tools to match your specific curl-type. With new tech breakthroughs like these, beauty can be innovative and revolutionary. What’s even more exciting is that the future of beauty is being reimagined by engineers, data scientists, and...
Today, beauty giant L’Oréal USA announced the launch of its new Inclusive Beauty Fund, a grant program created in partnership with the nation’s largest civil rights organization, the NAACP. According to a press release, this inaugural round of funding will award 30 one-time only grants valued at $10,000 to selected small Black-owned businesses, entrepreneurs, and professional services that span all areas of the U.S. beauty industry. As a result of the devastating impact from the COVID-19 pandemic, small businesses all over America faced the wrath of economic fallout, with Black-owned businesses being hit the hardest of them all. To combat this, L’Oréal USA decided to team up with the NAACP to identify the most promising Black-owned small businesses and entrepreneurs in the beauty industry greatly in need of investments. “As the leading beauty company in the United States, we believe that we have a responsibility to invest in the small business owners and entrepreneurs who are the...