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2025 B E AU T Y & WELLNESS I N D U S T RY OUTLOOKTABLE OF CONTENTSOverview of the U.S. Consumer Environment and Trends Impacting Beauty & Wellness Companies1Overview of the M&A Market2Overview of

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b e au t is typically referring to the Bureau of Economic Analysis Forms used for reporting foreign investments.

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Entities or individuals who are foreign investors or U.S. residents with certain foreign assets or transactions are required to file b e au t.

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The purpose of b e au t is to collect data on foreign direct investment in the U.S. to inform economic policymaking.

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Information that must be reported includes ownership structure, financial transactions, and the value of the foreign investments.

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