Fenty Magnificence’s arrival to our shores is an thrilling improvement, as a result of, whereas the Caribbean is house to numerous world manufacturers—from Hallmark to Starbucks to Bulgari—by my expertise, we’ve but to see a lot funding within the magnificence area.
The Caribbean consists of greater than 30 nations and territories and is house to round 44 million individuals. Nearly all of these individuals dwell on bigger islands like Cuba, the Dominican Republic and Haiti, whose populations are every round 11 million. Lots of the smaller islands have considerably fewer inhabitants than that. Barbados, as an example, has a inhabitants below 300,000. In comparison with the roughly 333 million individuals in the USA, it’s true that, as a area, we don’t have a big shopper base, however inhabitants sizes solely inform half the story.
Caribbean shoppers are, and have all the time been, very energetic members within the magnificence business. It’s simply tougher to trace. “Quite a lot of the larger manufacturers do not enterprise into the Caribbean area, as a result of they do not suppose we’ve any model spend,” Shantal Martin, a Barbadian magnificence influencer and content material creator, tells Attract. That’s at the least partially as a result of magnificence lovers within the Caribbean have needed to get artistic in the case of buying the most recent launches. Transport magnificence merchandise on to the Caribbean isn’t all the time accessible—as an example, neither Sephora nor Ulta ship to any of the islands that are not U.S. territories. Whereas giant, multi-category retailers like Nordstrom and Macy’s do supply expansive world transport choices, transport to the Caribbean takes longer and can seemingly incur extremely excessive import charges and duties upon arrival, making it cost-prohibitive for a lot of.
It then turns into a little bit of self-fulfilling prophecy: The absence of brick and mortar shops, together with excessive transport prices and import duties on merchandise despatched on to the Caribbean, signifies that Caribbean shoppers usually tend to make their purchases once they journey to areas the place their favourite manufacturers are extra simply accessible. In consequence, there’s no proof that Caribbean-based shoppers are certainly buying these merchandise (and belief me, we’re!) and so there’s little incentive for manufacturers to arrange store right here.
And it’s not nearly your favourite manufacturers or merchandise merely being accessible on island; the dearth of entry in our markets signifies that many are lacking out on profession alternatives that the billion-dollar magnificence business gives.
“[In] magnificence, all the things is trending quick. And if you happen to’re not on it instantly, you then sort of miss out,” Martin says. “If [products] are simply not accessible on the island, then I miss out fully on alternatives to be part of trending matters inside such [an] ever-changing social area. It undoubtedly impacts me, as a creator, financially.”
That isn’t to say that the sweetness retail market right here is totally barren. There are many accessible drugstore manufacturers like Maybelline and L’Oréal, and you may entry a spread of high-end fragrances in our native duty-free division retailer. There’s additionally an rising resell market the place enterprising people will bulk buy merchandise abroad and promote them domestically. However model new merchandise, particularly from non-drugstore traces, are nonetheless troublesome to seek out. If I wished to attempt a 2024 launch from Attract’s Better of Magnificence Awards, as an example, I’d seemingly nonetheless must discover a option to supply most of them from overseas.