Sorry Catie, but I don't mean your bubbles. Mens grooming is an exploding industry at the moment. Men are spending more on grooming and personal care than at any point in the past (at least, domestically) and companies are finding new and inventive ways to jump into the water. For shaving, traditional shaving has the glimmer of a "personal luxury." To be fair, millennial are making less than previous generations, and so "young degrees" are more drawn to luxury brands than previous generations (think Starbucks, Chipotle, Apple, Abercrombie & Fitch, etc.). The challenge is that more young people than ever can't afford these "luxuries."
So let's talk about the bubble. Why do you think that mens grooming has been on such a rocket-ship trajectory in the past few years? Why are men now spending more on personal care than previous generations, do you think this trend extends across the board or is it centralized in a specific generation (Baby-Boomers, Gen X, Gen Y, Millenials), and is there an end to the trend? Does the bubble burst? Or is this part of the new norm for mens grooming?
So let's talk about the bubble. Why do you think that mens grooming has been on such a rocket-ship trajectory in the past few years? Why are men now spending more on personal care than previous generations, do you think this trend extends across the board or is it centralized in a specific generation (Baby-Boomers, Gen X, Gen Y, Millenials), and is there an end to the trend? Does the bubble burst? Or is this part of the new norm for mens grooming?