Headlines in the Global Wellness Economy
Global Wellness News™ | July 5th, 2022
TikTok Is Flooded With Health Myths. These Creators Are Pushing Back.
Meet the medical experts fighting bogus science, one “stitch” at a time. “I’m willing to bet you know at least one girl that’s using steroids every single day,” starts a young man in a TikTok video.
Germany’s move to legalise cannabis expected to create ‘domino effect’
Germany is mulling over the consequences of soon becoming the world’s largest potential market for legally sold cannabis, as the country’s left-liberal government presses ahead with plans to allow the controlled distribution of the drug among adults.
Accor wins big as IHG loses Six Senses New York project – The Points Guy
Accor – a lesser-known ( to Americans, anyway) but still enormous hotel conglomerate based in Paris – is the apparent winner. A long-awaited Six Senses that was supposed to open in New York City appears to be a casualty of new ownership taking over the stalled XI mixed-use development in Manhattan’s West Chelsea neighborhood overlooking the Hudson River.
TaskHuman lands $20M to expand its virtual coaching platform
TaskHuman, a professional development platform focused on coaching, today announced that it raised $20 million in Series B funding led by Madrona with participation from Impact Venture Capital, RingCentral Ventures, Sure Ventures, USVP, Gaingels, PeopleTech Angels, Propel(x) and Zoom Ventures.
Turkey-based Ulive pumps up digital fitness platform
Globally, people have started to look for new ways to feel healthier, happier and less stressed. As gyms faced a massive shutdown during the Covid downturn, fitness apps became the go-to place to keep fit while being at home.
Selling Beauty and Wellness to China’s ‘Anti-Emo’ Youth | Jing Daily
“Taking off my makeup with this essential oil-infused cleanser is the most relaxing moment of my day,” said @Fakesheep, a Shanghai-based beauty blogger with over 300,000 followers on Xiaohongshu. While massaging the product into her skin during a vlog, the blogger and photographer who conceals her real name wasn’t simply doing a beauty routine video.
Key Insights: The Future Laboratory’s Beauty & Wellness Futures 2022 Report
Strategic foresight consultancy The Future Laboratory recently declared this year as the dawn of “The Great Re-Engagement” for retail. Now their Beauty & Wellness Futures 2022 report is seeing a similar revival for the beauty, health, and wellness realms. Macrotrend: Accredited Beauty The futures consultancy’s predictions for 2022 sees consumers trust in science increasing, emphasizing proven efficacy and safety, and substantiated sustainability claims amidst a turbulent world.