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The beauty industry is constantly changing, adapting to new consumer wants and developing innovative products. Demands in the industry are very volatile, affected by many factors on a daily basis. Below are some current trends:

Green Beauty: There has been a big emphasis on sustainability, both the packaging aspect and the ingredients used. Customers are demanding environment-friendly and recyclable packagings.  In addition, product ingredients have been in the spotlight as well. L'Oréal, a French personal care company, aims to reduce water as an ingredient used by 60% in the near future. The British-Dutch company, Unilever, has the same goal of lowering water-usage. In the upcoming years, expect to see more "dry" and solid products.

Inclusiveness: In the past several years, the beauty industry has moved towards more diversity and inclusiveness, both in marketing and the product itself. Advertisements are featuring people of all ethnicity, skin tones, and age. Makeup products like foundations are constantly expanding their shade range and undertones. Companies have also incorporated male makeup artists and celebrities in their campaigns in addition to developing male personal care items.

Customization: In today's data-driven world, companies have begun to analyze the individual needs of customers and creating products tailored to individual concerns and needs. Many new startups are allowing users to customize beauty products like shampoos, masks, and even skincare. With a few clicks of a mouse, customers become the designer of their own products.

Some of these trends have always been a part of the industry, and others are just being introduced to the world. Regardless of their history, these trends will all leave their footsteps and impact the industry in meaningful ways. Companies should be on the lookout for potential trends and be equipped with innovative thinkers and marketers.

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This past week, the Midwest United States was swept by a deadly winter storm. With wind chills, some areas' temperature reached a staggering negative 60 degrees Fahrenheit. Extreme weather, like this storm, impedes many industries and processes, creating inconveniences and delays. In response to weather, many factors change including demand, production, and delivery. As a result, the supply chains of numerous companies have been impacted in a negative way.

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Over the past several decades, many countries in the Middle East, Asia, and South America have experienced unprecedented growth. Reduced restrictions combined with increased globalization sparked interest from the worlds largest corporations and investors. Numerous Fortune 500 companies are opening international headquarters for better reach and lower production costs. Business hubs are shifting locations from the West to a better balance across the world. Read below for details on several specific countries and cities.

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Taking into consideration cancellation and no-shows, airlines have always been overbooking flights in order to maintain a full flight and keep the prices low. Most of the time, predictions are accurate and all passengers are able to board the flight. However, on some occasions, passengers will be "bumped". Bumping also referred to as "declined-boarding", is when passengers are forced to give up their seats involuntarily. Before bumping passengers, airlines must first ask for volunteers in exchange for compensation. When there aren't enough volunteers, bumping takes place.

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Plastics are an inseparable aspect of modern society. From packaging of household items to industry appliances, plastics are always depended on. Because of its versatility and cheap production cost, we have over-relied on it. Plastic production has grown over 20-fold in the past 50 years. It is expected to grow even more in the years to come. The problem isn't the production, but how plastics are handled after usage. Landfills are rapidly being filled up and oceans are becoming polluted as well. On average, only 9% of all plastic wastes are recycled. However, countries and companies around the world are trying to come up with new solutions.

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Stan Lee, an exceptional individual who helped to create remarkable characters like Iron Man, Thor, the Hulk, and the X-Men, passed away last week at the age of 95. He was a comic book writer and more importantly, revolutionized the comic book industry. In his stories, the superheroes are more relatable. They go through hardships that normal people experiences, that the readers experiences. For example, he created a new superteam, The Fantastic Four, that broke the tradition of flawless, impeccable superheroes. He targeted his audiences well, and as a result, helped Marvel in becoming an important pillar in Hollywood.

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In today's fast-paced society, people are constantly on-the-go. As a result, more people are choosing the alternative form of dining, food delivered straight to their doorsteps. It dramatically lessens meal-prepping time without sacrificing food quality. Imagine having the option of anything within your city delivered to you within thirty minutes, who would turn that down?  More apps are surfacing in order to meet the demand for better and faster food delivery services.

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Regardless of the country's size or geographical location, tourism has always contributed to its economic growth and GDP. Governments tend to invest heavily because it brings in profit while increasing the country's reputation. Especially for developing and island countries, tourism dependency is common because other industries, such as manufacturing, may be less developed due to area, resource, or population limitations.

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Natural disasters have always been detrimental to society. They disturb peoples' lives, destroys infrastructure, and the aftermath can last up to several months. All of these factors affect the global economy in its own way. From 2000-2017 alone, there was an estimate of about $3 trillion economic loss from natural disasters worldwide. Since this number only represents the measurable losses, the actual amount goes way beyond this number.

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The aviation industry has advanced society in numerous ways despite its relatively short existence. Being the fastest and most convenient form of transportation for long-distance travels, people from all over the world fly daily for education, leisure, and business. In fact, airlines have reported a total of 4.1 billion passengers in 2017 alone. One downside of the industry is its price instability. The major determining factor is the cost of fuel, and as we all know, fuel prices are extremely volatile. The International Air Transport Association, an association composed of 290 member airlines, announced at its recent meeting that the profit forecast for 2018 is going to decrease by 12% due to the unexpected increase in fuel prices. According to the Jet Fuel Price Monitor, fuel prices have already increased by 24.97% compared to last year.