Fenty Magnificence’s arrival to our shores is an thrilling improvement, as a result of, whereas the Caribbean is dwelling to quite a few international 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 international locations and territories and is dwelling to round 44 million individuals. The vast majority 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 underneath 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 at all times been, very energetic members within the magnificence business. It’s simply more durable to trace. “Lots of the larger manufacturers do not enterprise into the Caribbean area, as a result of they do not suppose now we have any model spend,” Shantal Martin, a Barbadian magnificence influencer and content material creator, tells Attract. That’s at the very least partially as a result of magnificence lovers within the Caribbean have needed to get inventive relating to buying the newest launches. Delivery magnificence merchandise on to the Caribbean isn’t at all times obtainable—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 international transport choices, transport to the Caribbean takes longer and can probably 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. Because of this, 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 obtainable on island; the shortage of entry in our markets signifies that many are lacking out on profession alternatives that the billion-dollar magnificence business offers.
“[In] magnificence, all the things is trending quick. And for those who’re not on it instantly, then you definitely 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 subjects inside such [an] ever-changing social area. It positively 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 strains, are nonetheless tough to search out. If I needed to strive a 2024 launch from Attract’s Better of Magnificence Awards, as an example, I’d probably nonetheless should discover a option to supply most of them from overseas.