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PAUL WETHERELL
Digital disruption in the beauty industry has created
new opportunities for innovation. A leader in
the field shares her insights. By Victoria Baker.BRAINS &
BEAUTY
VOGUE BE AU T Y
FOR ALL ITS gorgeous gloss, the beauty industry is serious business. In
Australia it’s continually growing, and is forecast to be worth A$9.5 billion by- In the much larger US prestige beauty market, the skincare sector alone grew
13 per cent in 2018, accounting for A$7.9 billion in sales. These are enviable figures,
driven, of course, by a largely female consumer base, but also, increasingly, by
women as the leaders and founders of beauty businesses. Jane Anders is senior
vice-president of innovation for the Asia Pacific region for the Estée Lauder
Companies. With the group’s senior ranks consisting of 54 per cent women, she is
no longer alone. “In previous roles, there were many times when I was the only
woman at the table, so it’s a real pleasure for me having so many other female
leaders in the company,” the Canadian executive says. →