Kjaer Weis CEO Gillian Gorman Round: "Luxury is not having everything all of the time"

Gillian Gorman Round may have spent her career in big beauty, from L'Oréal to Gucci Group to most recently Revlon, but she couldn't turn down the opportunity to become CEO at Kjaer Weis, even in the middle of a pandemic. Like her former boss Revlon CEO Debbie Perelman, Gorman Round is one of the few female CEOs in the beauty industry today. She joined the organic and refillable makeup brand in December 2020. Many of Kjaer Weis' points of differentiation are catching on industry-wide, namely its organic formulas, high performance, and sustainable and refillable practices. As such, Gorman Round believes the brand awareness opportunity is ripe for the taking. This is especially true since founder and makeup artist Kirsten Kjaer Weis has been perfecting that proposition for 11 years. It helps that Waldencast, which recently announced its better-for-you SPAC, recently took a majority stake in the brand. "Kirsten, when she founded the brand a decade ago, was the very first creator to be able to develop certified organic, high-performance, refillable, sustainable products. Now we see a decent amount of activity within that space...but [in] certified organic, which is our principal and our philosophy, we really stand alone, " said Gorman Round on this week's episode of the Glossy Beauty Podcast. Throughout the pandemic, Kjaer Weis was able to own that point of view digitally and with retail partners. To date, its DTC business, which is up 300% for the year, accounts for 50% of the business. Sales in the wholesale segment, which makes up the remaining 50%, doubled year-over-year. "It's not that we are shifting 50% of our business to DTC because our wholesale business isn't performing," she said. "A rising tide lifts all boats."