NAPA, CALIFORNIA - JUNE 25: (L-R) Suveen Sahib, Mary Carmen Gasco-Buisson, CEO, Unilever and Alice Gividen, Content Strategy Associate Director, The Business of Fashion attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Monica Schipper/Getty Images for The Business of Fashion)

NAPA, CALIFORNIA - JUNE 25: (L-R) Fara Bakare and Joke Bakare attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Monica Schipper/Getty Images for The Business of Fashion)

NAPA, CALIFORNIA - JUNE 25: (L-R) Chelsea Riggs, Artemis Patrick, President & CEO, Sephora North America, Lauren Ireland and Marianna Hewitt, Co-Founder, Summer Fridays attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Frazer Harrison/Getty Images for the Business of Fashion )

NAPA, CALIFORNIA - JUNE 25: (L-R) Wongwiwat Theekhakhirikul and Andrew Dahling attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Monica Schipper/Getty Images for The Business of Fashion)

NAPA, CALIFORNIA - JUNE 25: Chitra Balireddi, CEO, Mecessaire and Violette Serrat attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Frazer Harrison/Getty Images for the Business of Fashion )

NAPA, CALIFORNIA - JUNE 25: Andrew Dahling (R) attends The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Monica Schipper/Getty Images for The Business of Fashion)

NAPA, CALIFORNIA - JUNE 25: (L-R) Jane Hertzmark Hudis and Priya Venkatesh, Sephora attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Frazer Harrison/Getty Images for the Business of Fashion )

NAPA, CALIFORNIA - JUNE 25: (L-R) Guillaume Motte, CEO, Sephora and Priya Venkatesh, Sephora attend The Business of Beauty Global Forum 2026 at Stanly Ranch on June 25, 2026 in Napa, California. (Photo by Frazer Harrison/Getty Images for the Business of Fashion )