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There are plenty of reasons why a Sephora executive might have trouble sleeping these days, from the ongoing Huda Kattan nightmare to the rising prominence of Amazon and TikTok Shop as sellers of prestige beauty. But you wouldn’t know it from this year’s Sephora Brand Summit, the LVMH-backed retailer’s annual event that’s essentially the beauty industry version of Apple’s Worldwide Developers Conference. Over the past two days, founders and executives from hundreds of brands descended on the Ritz Carlton in San Francisco for a slate of presentations, awards, and boozy dinners.