Blackmagic Design is a technology company that designs and manufactures AV equipment for the film and television industries.
Elsewhere, Joanna Horgan and Peter Wetenhall, owners of the cosmetics-focused Mecca Brands, have ranked in the top 200 for the first time this year. Their wealth, valued at $658 million, is attributed to the success of more than 100 stores in Australia and China.
Tania Austin, owner of women’s fashion brand Decjuba, has entered the list for the first time at 153th place with wealth of $721 million. Austin’s fashion chain boasts 140 stores in Australia and New Zealand.
In the technology industry, David and Aiden Tudehope made their debut on the rich list with a fortune of $646 million. The brothers founded Macquarie Telecom in 1992, which has kept ahead of the latest technology by offering cloud and cybersecurity services.
5 May 2021 7 min read
This article is the third in a four-part series by Carat, examining the beauty industry. Read part one or part two.
There is no doubt that new technology trends in the category pre-pandemic have been accelerated, as brands shifted to cater to an increasingly digital consumer. AR and AI have become the driving forces towards new category experiences that combine digital and physical.
Mixed reality retail
The COVID-19 pandemic dramatically shifted our relationship with retail. Sector lockdowns restricted access and redirected category consumption online. Online experiences reset expectations for the category. Ongoing concerns around contagion continue to curb a return to physical retail for some.
20 April 2021 6 min read
This article is the second in a four-part series by Carat, examining the beauty industry. Read part one here.
As COVID-19 disrupted lives in every way imaginable, beauty consumers reassessed the role of the category in their routines, rethinking what was important, what to keep, what to cut and what would help them cope. This part of the series takes a deep dive into disruption has shaped the buying habits of people in a post-2020 world.
Skin-fluence
As make-up sales struggled in 2020, there was a surge in interest for skincare.
Several factors drove people to focus on skin, as they found themselves (and their faces) experiencing entirely new conditions including:
Life | The Australian theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.