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Tracking submissions is one of the most critical activities in which a writer engages, outside of the actual writing.

Submissions do get lost in the mail—and on editors’ desks. And in the months between sending a manuscript out and receiving it back, you may forget where else you planned to send it, or where you’ve already sent it. Good record keeping is simply essential.

The Writer’s Database will keep track of all the markets for your writing, and the status of all the manuscripts you’ve sent out to each market. You can easily check on a market’s:

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A message to subscribers: Writersmarket.com was sold to Penguin Random House as part of the F+W Books acquisition in 2019. Unfortunately, and due to circumstances outside of our control, the website will be unavailable for the foreseeable future. We are not accepting new subscriptions at this time. We're sorry for any inconvenience this may cause. If you have any questions about your subscription, please contact us at WMSubscriptions@penguinrandomhouse.com . No submission inquiries, please.

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Writer’s Market 100th Edition has thousands of opportunities for writers—listings for book publishers, magazines, awards, and literary agents—plus new playwriting and screenwriting sections.

The 30th edition of Guide to Literary Agents is your go-to resource for finding that literary agent and earning a contract from a reputable publisher. Includes listings for over 1,000 literary agents.

The 33rd edition of Children’s Writer’s and Illustrator’s Market is the definitive guide to writing or illustrating for kids and young adults. Includes over 500 listings for children's book markets.

The 40th edition of Novel & Short Story Writer’s Market features hundreds of updated listings for book publishers, literary agents, fiction publications, and more.

The 34th edition of Poet’s Market includes hundreds of listings for book and chapbook publishers, print and online poetry publications, contests, and more.

For more writing resources, please visit Writer’s Digest Books .  

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Find details about every creative writing competition—including poetry contests, short story competitions, essay contests, awards for novels, grants for translators, and more—that we’ve published in the Grants & Awards section of Poets & Writers Magazine during the past year. We carefully review the practices and policies of each contest before including it in the Writing Contests database, the most trusted resource for legitimate writing contests available anywhere.

Find a home for your poems, stories, essays, and reviews by researching the publications vetted by our editorial staff. In the Literary Magazines database you’ll find editorial policies, submission guidelines, contact information—everything you need to know before submitting your work to the publications that share your vision for your work.

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Find a home for your work by consulting our searchable databases of writing contests, literary magazines, small presses, literary agents, and more.

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Research newspapers, magazines, websites, and other publications that consistently publish book reviews using the Review Outlets database, which includes information about publishing schedules, submission guidelines, fees, and more.

Well over ten thousand poets and writers maintain listings in this essential resource for writers interested in connecting with their peers, as well as editors, agents, and reading series coordinators looking for authors. Apply today to join the growing community of writers who stay in touch and informed using the Poets & Writers Directory.

Download our free app to find readings and author events near you; explore indie bookstores, libraries, and other places of interest to writers; and connect with the literary community in your city or town.

Let the world know about your work by posting your events on our literary events calendar, apply to be included in our directory of writers, and more.

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Literary Magazines

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Find a home for your poems, stories, essays, and reviews by researching the publications vetted by our editorial staff and listed in the Literary Magazines database. Here you’ll find editorial policies, submission guidelines, and contact information—everything you need to determine which publications match your vision for your writing and your writing life. Use the filters below to find magazines with reading periods that are open now or opening soon (within the next thirty days), accept unsolicited submissions, and match all of your criteria for the perfect publisher of your work.

Paying Essay Markets for Freelance Writers

How would you like to get paid for your thoughts or stories about your lived experiences? From personal essays to issue-based ones, freelance essay markets might be a good fit for you.

Below you'll find a collection of paying writers' markets that accept essay pitches or submissions from freelance writers.

Paying Essay Markets

Adventure cycling.

They pay $.30-.60 per word typically (for first rights) based on the length of their relationship with the writer. They accept both feature stories about adventure cycling / biking such as 2000-3000 word personal accounts about bicycle trips, and "Final Mile" essays of 1200-1500 words.

Report link.

AGNI accepts stories, essays, and poems that are previously-unpublished. There are no word limits "though space is at a premium and length sometimes affects decisions." They do not publish romance, horror, mystery, or science fiction but are open to fiction borrowing elements of them. They don't publish academic essays or purely journalistic pieces, and they pay $20 per printed page for accepted prose and $40 per page for accepted poetry, up to a maximum of $300. Submissions are considered for both print and online publication. Free submissions may be made via mail.

American Educator

American Educator is a professional journal published by the American Federation of Teachers. It covers "research and ideas from early childhood through higher education," such as essays explaining the significance of a research project and its findings. International affairs and labor issues of interest to AFT members may also be accepted. Articles run 1000-5000 words.

Arkansas Soul

Arkansas Soul seeks to publish and amplify talented writers of color with content focused on BIPOC issues. General submissions, feature stories, personal essays, news stories, profiles, and interviews are all accepted.

Stories for Reimagine Arkansas run 500-2000 words and pay $150-300. Personal essays, first-person accounts, and op-eds run 750-2000 words and pay $100-250. Reported news stories run 500-1000 words and pay $150-250. Features run 1000-2000 words and pay $150-250. Profiles and interviews have a flexible word count and pay $150-250.

Atlanta Parent

Atlanta Parent is a locally-owned print and digital magazine for Atlanta area parents. They accept personal essays of 400-500 words, practical articles of 400-600 words, and longer feature articles of 800-1200 words. Payments range from $25-50 for short articles up to 600 words and begin at $100 for features.

Briarpatch Magazine

Briarpatch Magazine publishing work of political importance on topics such as grassroots activism, electoral politics, economic justice, labour, gender equity, indigenous struggles, and more. They accept submissions from new and experienced freelance writers alike. Pay is $150 for profiles, short essays, reviews, blog posts, and "parting shots" under 1500 words. Pay is $250 for feature stories and photo essays generally running 1500-2000 words. And pay is $350 for research-based articles and investigative reporting typically running 2000-2500 words.

Broad Street Review

" Broad Street Review is an online arts and culture journal serving the greater Philadelphia area." They publish reviews, features, previews, profiles, and essays around theater, music, visual art, exhibitions, dance, books, film, television, and design. This includes pitches for personal essays tied to life in the Philadelphia area and those related to grassroots social and political efforts, the creative economy, and public spaces. Reviews run 500-850 words, essays 750-1000 words, and previews run 300-500 words. Fees are $50 for previews, profiles, and reviews up to $100 for some longer profiles and features. Payment covers first publication rights (exclusive for 30 days), then non-exclusive rights to maintain pieces in the publication's archive.

Cineaste is a quarterly publication covering the art and politics of the cinema. They accept feature articles, interviews, film reviews, book reviews, and columns. Payments are $18 for "short take" reviews, $36 for book or DVD reviews (in print only), $45 for film reviews, short articles, columns, sidebar interviews, and essays, and $90 for feature articles and feature interviews.

DAME is a women-led, independent, reader-funded magazine. It accepts essays and reported features from freelance writers with a focus on journalism that is both accessible and intersectional. Pay is $350-750 for reported stories.

High Country News

High Country News is a nonprofit news magazine covering the Western U.S. They pay $.50 - 1.50 per word, with a kill fee of 25%. They accept in-depth news and analyses from 800-2100 words, features of 2800+ words, and 750-800 word essays paying a flat rate of $400.

HowlRound accepts submissions to its journal from "contributors who are deeply invested in and committed to the theatre field." They accept pieces on theatre commoning, ideas that challenge the status quo, lesser-known or marginalized aesthetics, equity, inclusivity, and accessibility for under-represented theatre communities and practices, and theatre practice and process. They pay honorariums of $200 per essay.

LiisBeth accepts queries from new and professional feminist writers "anywhere along the gender continuum." They prioritize submissions from "womxn, trans, queer-identified writers, community voices and journalists." Pay (in $CDN) runs $500-650 for feminist enterprise profiles, $250-500 for personal essays, $800-2000 for critical analysis / issues / policy analysis submissions, $500-700 for service articles, reviews, and research briefs, and $250-500 for event round-ups, playlists, poetry, and other submission types.

Military Families

Military Families is a monthly magazine for members of the military and their families. It's published by AmeriForce Media. They accept essays, interview-style profiles, advice, news reports, listicles, and more. Pay ranges from $75-200 depending on length, experience, commitment required, and whether the piece is for the print or digital editions.

Notre Dame Magazine

The Notre Dame Magazine is a quarterly publication of the University of Notre Dame. It covers alumni activities, institutional events, people, trends, and cultural issues. They accept both features and departments as well as essays in their "CrossCurrents" section. Payment is not detailed in their writer's guidelines but is said to be "comparable to fees paid by some national publications."

Runner's World

Runner's World magazine accept freelance submissions, with the best chance of acceptance in departments -- What it takes to..., Rave Run, and Life & Times. Writers should send spec pieces for consideration (not queries). Stories cover inspirational stories, first-person essays about running-related experiences, and details about awesome runs (locations, what you see, how long the run is, etc.).

Sasee accepts contributions from freelance writers including essays, humor, satire, personal experiences, and features on topics of interest to women. Articles are 500 - 1000 words. This is a paying publication, but payments vary.

The Gay & Lesbian Review

The Gay & Lesbian Review publishes essays, reviews, interviews, and poems. Feature articles should fall in the 2000-4000 word range, and reviews should be 600-1200 words. Payment for feature articles is $200 and payment for book reviews is $100. They also accept interviews, artist profiles, art memos, and International Spectrum column submissions.

The Malahat Review

The Malahat Review accepts poetry, fiction, and creative nonfiction submissions from writers at all levels of their careers. Poets should submit 3-5 poems up to 10 pages maximum. They accept flash fiction up to 750 words as well as other short fiction up to 8000 words. Creative nonfiction can run up to 5000 words and cover any subject matter including personal essays, memoirs, travel writing, historical accounts, and biographies. Payment is $70CAD per published page.

The Sun Magazine

The Sun publishes essays, fiction, and poetry. Payment for personal essays is $300-2000. Payment for fiction is $300-2000. Payment for poetry is $100-250. They purchase one-time rights.

The Washingtonian

The Washingtonian is a general interest magazine for residents of the DC area. They're open to freelance submissions for profiles, personal essays, true-crime, and narrative journalism.

Whole Life Times

Whole Life Times magazine covers topics such as natural health, alternative healing, conscious business, green living, sustainable and local food, social responsibility, the environment, personal growth, and spirituality. They pay $75-150 per 800-1000 word feature. They also have departments, a City of Angels front-of-book section, and personal essays section which are open to freelance contributors.

More About These Markets

Like all market lists on the All Freelance Writing blog, the list above pulls from the site's overall directory of writers' markets .

This is done automatically, meaning whenever a new market is added to the database, one is removed, or a listing is updated, this post will simultaneously update to reflect those changes.

Because of this, be sure to bookmark this page and check it again later if you're interested in changes to these essay writing markets.

If you find a dead link or outdated market information in the summaries here (based on currently-linked writers' guidelines), then you can click "report link" below that market in order to notify me. This lets you send an auto-generated email that will prioritize that market for review, and it also helps keep market listings here up-to-date.

Submit Your Essay Markets

Do you run a publication that pays for essay submissions from freelance writers? If so, you can submit your market for free.

Free market submissions will add your publication to the writers' market database as well as relevant specialized market lists like this one.

Note: For your market to also appear in these lists, they must include the appropriate category or contain keywords related to niches or content types. For example, descriptions mentioning essays pull into this post via a custom search, not by categories. Otherwise they will appear only in the market database and not these blog lists.

Submit your market.

Jenn Mattern

Jenn Mattern is a professional blogger, freelance business writer , consultant, and indie author. She runs numerous websites & blogs including All Freelance Writing, Freelance Writing Pros , NakedPR , and Kiss My Biz .

Jenn has over 20 years' experience as a professional writer and editor and over 20 years' experience in marketing and PR (working heavily in digital PR, online marketing, social media, SEO, new media, and thought leadership publication). She also has 19 years' professional blogging and web publishing experience (including web development) and around 17 years of experience as an indie author / publisher.

Jenn also writes fiction under multiple pen names and is an Active member of the Horror Writers Association.

Subscribe to the All Freelance Writing newsletter to get freelance writing updates from Jenn in your inbox.

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Market Listings

• The AA Independent Press Guide : “A free, online resource for writers” compiled by Dee Rimbaud. Detailed listings of over 2,000 literary & genre magazines and publishers from around the world, plus links to over 750 internet magazines. Also links to writers’ and artists’ personal webpages and other useful resources.
• Bluejack’s Quintamid Market Database : Quintamid is the brainchild of Bluejack. The vision? A collection of related applications, services, and sites of interest to all those active in the so-called ‘Speculative Fiction’ genres — Science Fiction, Fantasy, Horror.
• Challenging Destiny : Canadian science fiction and fantasy short story magazine published by Crystalline Sphere Publishing.
• Clam City’s Writer’s and Artist’s Resources and Market Listings : a list of market listings.
• The Critters Black Hole List : While many Science Fiction/Fantasy/Horror magazine and book publishers respond to submissions in a timely manner, many don’t; and sometimes their response times are at odds with those stated in their guidelines. Which is to say, when writers submit a manuscript to an editor, they often feel like they’ve launched it toward a black hole.
• Duotrope : Listing over 3000 current fiction and poetry publications.
• For Writers Market Listing
• The International Directory of Little Magazines & Small Presses : Len Fulton, Ed.. “The Bible of the business”, this print directory contains over 4000 very detailed listings of magazines and publishers.
• The Market List : A Resource for Genre Fiction Writers
• Michael Engen’s Science Fiction & Fantasy Market Engine
• Mary Soon Lee’s list of Speculative Fiction Markets : this page contains links to Web pages of paying markets for short science fiction, fantasy, and horror stories.
• NewPages Guide to Literary Magazines
• NobleFusion

: Produced by a group of writers committed to improving their skills, selling their work and making it easier for new talent to find their place in the science fiction/ fantasy/ horror writing community. Market information comes from published writers.

• Places for Writers
• Paula Fleming’s Market List
• Ralan.com : Ralan’s SpecFic and Humor Webstravaganza
• SFWA Author Information Center : The SFWA page on manuscript preparation and the craft of writing.
• SFWA Bulletin : The SFWA Bulletin is a quarterly magazine produced by theScience Fiction and Fantasy Writers of America (SFWA).
• SFWA Magazine Links : We are making an effort to list only those magazines that pay their contributors, although the payment range varies wildly and few of them meet SFWA professional standards.
• SLF Market Listings
• SpecFicWorld.com  is an online resource guide for speculative fiction fans and writers. Inside you’ll find thousands of helpful links to several publications and resources from around the globe.
• Speculations.com : market updates since July of 1996; one month behind what is sent to their paying customers. Reports are in plain text, dated, as sent out to their subscribers.
• Spicy Green Iguana : This site is designed for writers of Science Fiction, Horror, and Fantasy, as well as artists and readers searching for new markets to submit their work.
• Writer’s Markets : A community for markets, guidelines, submission calls, contests, auditions, jobs, crew calls, contracts, grants, etc.
• Writer’s Markets for Speculative Fiction: SF/F/H : A community for writers of Science Fiction, Fantasy, and Horror to exchange Calls for Submission and pertinent market information.
• The Write Market : The Write Market is an online writer’s market list – which has been online since 1996. They feature regular writing news and more then 1000 links in 45 categories all in one place. They also offer a wide selection of services for writers like free web hosting, software, forums, terms, quotes, and other useful features.
• Writers Writer : list of paying markets

The Speculative Literature Foundation is partially funded by grants from the Oak Park Area Arts Council, Village of Oak Park, Illinois Arts Council, National Endowment for the Arts, Oak Park River Forest Community Foundation, Literary Arts EmergencyFund, supported by the Mellon Foundation (@MellonFdn), and The Science Fiction and Fantasy Writers Association.

Moscow City – Rudnevo Technopolis Technopark – Moscow

Pages: Published: May 10, 2023 Report Code: GDCON323566-MP

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Moscow City – Rudnevo Technopolis Technopark – Moscow involves the construction of a technopark on 40ha of land in Rudnevo, Moscow, Russia. The US$99 million (RUB7,300 million) project includes the following:

1. Construction of water supply facilities 2. Construction of access roads 3. Construction of drainage systems

….. more details on the scope of this project are covered in the report.

In addition, the project profile includes core details such as project name, stage, location, key dates, scope, background and description. Also included are key companies involved in the project such as project owner, planning authority, FEED/design company and main contractor, as well as selected operational metrics.

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Writers strike dampens dealmaking in rainy cannes.

The Marche has chugged along at a decent rate, with big deals for Todd Haynes' 'May December' and 'Paddington 3,' but insiders are clearly feeling anxious about an uncertain future: “If everything shuts down, eventually we're going to run out of movies."

By Scott Roxborough

Scott Roxborough

Europe Bureau Chief

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The unseasonably cold and rainy weather in Cannes this year didn’t put a damper on business, but the writers strike loomed like a storm cloud, threatening a deluge. 

Related Stories

Cannes: elena martín gimeno's 'creatura' wins best european film at directors' fortnight, idris elba takes on terrorists in first trailer for apple series 'hijack'.

Sony did a major deal for Paddington in Peru , the third film in the family franchise featuring the cuddly bear from South America, signing an agreement with StudioCanal to take North America and most of the world, excluding Russia, China and Japan. Studiocanal, which is fully financing the movie and producing with Heyday Films, will release Paddington 3 in the U.K., France, Germany, Benelux, Australia/New Zealand, and Poland. The first two Paddington movies have been a huge commercial and critical success for Studiocanal, earning more than $500 million at the global box office. The deal was a coup for Sony, which snatched the rights away from Warner Bros., who had handled domestic on the past two films.

The studio’s specialty division Sony Pictures Classics nabbed rights in North America, as well as Latin America, Scandinavia, South Korea and several other territories, for the animated feature They Shot the Piano Player from Fernando Trueba and Javier Mariscal, the pair behind Oscar nominee Chico & Rita . The Bossa Nova-themed film, narrated by Jeff Goldblum, follows a New York music journalist who goes on a quest to uncover the truth behind the mysterious disappearance of young Brazilian piano virtuoso Tenorio Jr. SPC is positioning the film for an awards season release.

Music Box Films nabbed U.S. rights to Barbara Kulcsar’s hit Swiss tragicomedy G olden Years with German sales outfit Beta Cinema, in a deal that will see Music Box release the film stateside later this year. Briarcliff Entertainment acquired the U.S. rights to Den of Thieves 2: Pantera , the sequel to the 2018 Gerard Butler action thriller, from eOne with plans to bow it theatrically in the fourth quarter of 2024.

Several big packages — among them Ric Roman Waugh’s Cliffhanger sequel with Sylvester Stallone, which Rocket Science and CAA Media Finance are selling, and Black Bear International’s new, still-untitled Guy Ritchie film starring Henry Cavill, Jake Gyllenhaal and Eiza González — generated major heat, including bidding wars in some territories, and are expected to sell out worldwide. “There were a lot of good projects this time around, solid commercial films,” noted Dirk Schweizer of Germany’s Splendid Films. “But the offering prices are still crazy high. We’ll see where the deals end up in the end.”

Just don’t mention the strike.

More worrisome is the threat of a multi-union strike. Less than a week before the opening of the Cannes market, on May 10, the Directors Guild of America entered contract talks and SAG-AFTRA’s national board voted to recommend that members authorize a strike in advance of its own negotiations with the Alliance of Motion Picture and Television Producers, which bargains on behalf of studios. 

News that director Pawel Pawlikowski’s The Island , set to star Joaquin Phoenix and Rooney Mara, shut down on the eve of production has the indie industry worried. The movie, backed by FilmNation, WME Independent, Vision Distribution and Wildside, was apparently unable to secure bonding, with bond companies unwilling to shoulder the risk that a potential SAG-AFTRA strike would shutter the production.

“It’s not a question of money, since we don’t pay until the film delivers,” notes one European distributor. “But if everything shuts down, eventually we’re going to run out of movies.”

A version of this story appears in the May 24 issue of The Hollywood Reporter magazine.  Click here to subscribe .

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The beauty market in 2023: A special State of Fashion report

The State of Fashion: Beauty

In 2022, the beauty market—defined as skincare, fragrance, makeup, and haircare—generated approximately $430 billion in revenue. Today, beauty is on an upward trajectory across all categories. It has proven to be resilient amid global economic crises and in a turbulent macroeconomic environment. Beauty is now an industry that many people, from top-tier financiers to A-list celebrities, want to be a part of—and with good reason. Following a solid recovery since the height of the COVID-19 pandemic, the beauty market is expected to reach approximately $580 billion by 2027, growing by a projected 6 percent a year (Exhibit 1). This is in line with or slightly higher than other consumer segments such as apparel, footwear, eyewear, pet care, and food and beverages.

About the authors

This article is a collaborative effort by Imran Amed, representing views from the Business of Fashion, and Achim Berg , Sara Hudson , Kristi Klitsch Weaver , and Megan Lesko Pacchia, representing views from McKinsey’s Consumer Packaged Goods and Retail Practices.

A dynamic segment that is ripe for disruption, the beauty industry will have reshaped itself around an expanding array of products, channels, and markets before this decade is over. Consumers, particularly younger generations, will spur this shift, as their own definitions of beauty morph while their perceptions of everything—from the meaning of sustainability and the role of influencers and key opinion leaders to the importance of self-care—evolve. Overall, beauty is expected to be characterized by “premiumization,” with the premium beauty tier projected to grow at an annual rate of 8 percent (compared with 5 percent in mass beauty) between 2022 and 2027, as consumers trade up and increase their spending, especially in fragrance and makeup.

At the same time, we expect the landscape to become even more competitive, as a range of independent brands that successfully came to market over the past decade seek to scale and as new challengers emerge. Intensifying competition will prompt incumbent brands and retailers to change as well. In line with the trend-driven dynamics in the market, 42 percent of respondents to McKinsey’s 2023 survey of consumers across China, France, Germany, Italy, the United Kingdom, and the United States say they enjoy trying new brands. Meanwhile, consumers are increasingly shopping across price points and report that both online and offline stores influence their shopping behavior. Their preference for omnichannel shopping is expected to continue to fuel legacy brands’ shift online and independent labels’ move into a brick-and-mortar presence.

E-commerce in beauty nearly quadrupled between 2015 and 2022, and its share now exceeds 20 percent, with significant runway ahead. This compares with a 2022 e-commerce share of approximately 30 percent in apparel and footwear, and around 65 percent in toys and games.

A number of factors have fueled e-commerce growth in beauty: the expansion of beauty offerings from online giants like Amazon in the United States and Tmall in China; the increased digital sophistication from direct-to-consumer players; the steadily growing significance of online for omnichannel retailers; and the proliferation of social selling, including livestreaming, in Asia. E-commerce is expected to continue to be the fastest-growing sales channel, at 12 percent per year between 2022 and 2027, but growth in traditional channels—including specialty retail, grocery retail, and drugstores—is expected to pick up postpandemic, as consumers’ preference for omnichannel is partly driven by their continued desire for in-store discovery and trial of products (Exhibit 2). Department stores are expected to continue to lose market share globally.

Structural and competitive dynamics are shifting

Where to play will become just as important a question as how to win, given the changing underlying growth tailwinds. The changing dynamics will render the industry’s largely homogenous global playbooks of the past decades less effective and require brands to reassess their global strategies and introduce greater nuance and tailoring.

Geographic diversification will become more essential than ever. It was just recently, for example, that brands could focus their footprints on the industry’s two top countries: China and the United States. Both countries will remain mighty forces for the industry, with the beauty market expected to reach $96 billion in China and $114 billion in North America by 2027 (Exhibit 3).

But in both markets, growth will be harder to come by for individual brands, not least due to fierce local and foreign competition. Meanwhile, other countries and regions, including the Middle East and India, are ready to step into the limelight, offering distinct potential for specific categories and price tiers. The likely upshot is that many brands will align their geographic strategies to this new world order, which will require a variety of localized playbooks.

Across geographies, another growth opportunity will be products and services in the top tier of the pricing pyramid: the true luxury and ultraluxury beauty market has the potential to double, from around $20 billion today to around $40 billion by 2027.

Five disruptive themes

The next few years will be a dynamic time for the beauty industry, filled with opportunities and new challenges. Its high profitability, with EBITDA margins of up to 30 percent, will continue to attract new founders and investors to the space. With limited spots available on the beauty palette, successful brands will adapt to the changing rules of the game and secure a uniquely differentiated value proposition amid a saturated market and increasingly sophisticated consumers. Key dynamics will include the following:

• The redrawing of the growth map.  Slowing growth in China, along with increased local competition, means the country will no longer be a universal growth engine for the industry. As a result, the US market will become even more important, with strong growth, especially over the next few years. This market will become a competitive battleground for established brands and a potential green pasture for new entrants. The Middle East is expected to fuel growth over the same period, with India expected to emerge as a new hot spot in the longer term.
• The rise of wellness.  As consumers are increasingly engaging with beauty products and services to not only look good but also feel good, the lines between beauty and wellness are expected to continue blurring, with the combined opportunity representing close to $2 trillion globally for brands, retailers, and investors. Wellness-inspired products—such as skincare and makeup with probiotic and Ayurvedic ingredients, ingestible supplements, and beauty devices like LED face masks—have already captured the attention of consumers embracing greater self-care and mindfulness in their postpandemic daily routines. The melding of wellness and beauty will only become more pronounced in the years ahead, in line with an expected CAGR of 10 percent to 2027 for the wellness industry. This trend will represent an untapped opportunity for many, with first-mover advantage for the players that get it right.
• The influence of Gen Z.   Gen Zers scrutinize brands as part of their search for value. Nearly half of Gen Z respondents in our survey report conducting extensive research on product ingredients and their benefits before purchase, similar to millennials (and compared with only one-third of Gen Xers and one-fifth of baby boomers). Beyond product efficacy and transparency, Gen Zers demand that brands credibly stand for something. In addition to their focus on sustainability, diversity, and inclusion, Gen Zers greatly value brands that have an authentic and approachable image and a story that goes beyond products, and that welcome consumers into a wider community. Engaging with beauty products and services to feel good and express their authentic selves rather than adhering to specific cultural ideals, this cohort is challenging norms not only around the definition of physical beauty but also around gender and product categories.
• The imperative to scale.  While the past decade has seen a number of new and independent labels benefit from steadily lower barriers to entry, growth beyond a successful initial run to achieve meaningful scale remains elusive for many. Out of 46 brands founded in or after 2005 with global retail sales of $50 million to $200 million by 2017, only five exceeded $250 million in global retail sales five years later, in 2022. Only two achieved global retail sales of more than $750 million. To scale successfully, brands must focus on omnichannel expansion and internationalization. Category expansion appears to be most effective when a brand has grown to a certain size, and when the expansion enhances and protects the brand’s unique value proposition.
• The recalibration of M&A.  Amid continuously increasing interest in the beauty industry from a variety of players—from “strategics” to private equity funds—M&A will continue to play a major role in the industry. As seen in recent years, conglomerates and financial investors alike will pursue deals to invest in promising brands. But dealmaking will not be the same as when cost of capital was low. In the near term, megadeals will likely be few and far between in response to market turbulence. In addition, criteria for M&A targets will shift from a focus on high-growth independent “brands of the moment” to brands with an innovative product pipeline and a demonstrated ability to grow profitably, sustainably, and over the long term.

The years ahead will offer all the right ingredients—from agile channel mixes to consumers eager to explore new products—for the beauty industry’s continued growth. For beauty leaders and challengers alike, there will be plenty of opportunities to flourish, if they develop and execute tailored strategies that reflect the changing world of beauty.

Download the full report on which this article is based, The State of Fashion: Beauty (PDF–10MB).

Achim Berg is a senior partner in McKinsey’s Frankfurt office, Sara Hudson is a partner in the London office, Kristi Klitsch Weaver is a senior partner in the Chicago office,  Megan Lesko Pacchia is a partner in the New Jersey office, and  Imran Amed is the founder, editor in chief, and CEO of the Business of Fashion and an alumnus of McKinsey’s London office.

The authors wish to thank Anita Balchandani, Dimpy Jindal, Natalia Lepasch, Amaury Saint Olive, Alexis Wolfer, Alex Workman, and Andreas Zampouridis for their contributions to this article.

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Stock Market News, May 22, 2023: Dow Closes Lower, Nasdaq Rises With Debt Ceiling Talks in Focus

The tech-heavy nasdaq composite rose to a new 2023 high.

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Stocks kicked off the week mixed, with the Dow ending lower and bond yields ticking higher, as investors awaited updates on debt-ceiling negotiations. Read the day's full markets roundup here .

President Biden and House Speaker Kevin McCarthy were due to meet Monday evening as lawmakers work to reach a deal by June 1, when Treasury Secretary Janet Yellen has said the U.S. could run out of money to pay all its bills.

St. Louis Fed President James Bullard was among the central bank officials who gave public remarks Monday, saying he would like to see two more interest-rate increases.

As of Monday's close:

Stocks were mixed. The tech-heavy Nasdaq and S&P 500 gained, while the Dow industrials slipped. Year-to-date, the Nasdaq and S&P 500 are solidly in positive territory. The Dow industrials are up less than 1%.

Semiconductor shares were dented. The declines came after China said it's banning major firms from buying products from Micron Technology, which declined 3%.

Chevron said it's acquiring PDC Energy in a $6.3 billion all-stock deal. Investors expected such consolidation given the mountain of money oil companies amassed from last year's high energy prices.

Bond yields moved higher. The yield on the 10-year U.S. Treasury note stood at 3.717%, up from 3.690% Friday.

Oil prices rose. U.S. natural-gas prices fell about 7% to $2.40 per million British thermal units.

Copper continued to slip. Prices have fallen on concerns about China's economic recovery . U.S. futures fell 1.3%

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Shares of Meta Platforms Inc. META, +1.40% advanced 1.40% to $252.69 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +1.71% rising 1.71% to 12,698.09 and the Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 32,764.65.

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Meta Platforms Inc. closed $0.88 below its 52-week high ($253.57), which the company achieved on May 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. AAPL, +0.67% rose 0.67% to $172.99, Microsoft Corp. MSFT, +3.85% rose 3.85% to $325.92, and Alphabet Inc. Cl C GOOG, +2.23% rose 2.23% to $124.35.

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To Find Europe’s Best Bike Routes, a Cycling Writer Asked the Crowd

The longtime sports journalist Claude Droussent discusses his new guidebook to cycling in Europe, which uses data from the fitness app Strava, and the growing role bicycles play in worldwide travel.

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By Alex Crevar

When it came time to put together “ Cycling Atlas Europe ,” a new guidebook detailing 350 single-day rides across the continent, the sportswriter and cycling expert Claude Droussent, 65, knew where to turn: Strava , a fitness app that lets cyclists (and runners and hikers) record their routes with GPS and then share them with each other, and that calls itself “the largest sports community in the world.”

Having Strava users validate the routes and vouch for their safety and appeal was key to the book, whose subtitle is “The 350 Most Beautiful Cycling Trips in Europe,” Mr. Droussent said: “The Strava community was important because I didn’t know all 350 routes by myself.”

The ambitious aim of the “Atlas,” published by Rizzoli this spring: to sate both serious cyclists searching for epic conquests and the multitudes looking for saddle-top journeys of discovery in this soaring adventure travel segment.

According to a European Parliament study, 2.3 billion cycle tourism trips are taken in Europe each year. A common theme among the typically affluent travelers looking to cycle: the need for resources and information.

Mr. Droussent’s own cycling journey began in the 1960s, when as a child growing up north of Paris, he watched in awe as the titans of the day — riders like Belgium’s five-time Tour de France champion Eddy Merckx — competed in the famously cobblestone-riddled Paris-Roubaix race that passed his home. During his journalism career he covered more than 30 Tours de France. In 1981, Mr. Droussent, then a cub reporter for Le Parisien, was the first journalist to interview an American named Greg LeMond after his first professional victory in Europe (Mr. LeMond went on to win the Tour de France three times).

In 2022, the two men co-wrote the guide “Cycling Atlas North America,” which also utilizes Strava routes.

Mr. Droussent said the idea for the European “Atlas” came to him four years ago. “For years I’ve met people who want to cycle — some fast and some slow — and have the route on their GPS, but they also want to discover something, a landscape, a castle, a wine,” he said. “They want to discover.”

I reached Mr. Droussent by phone in Montpelier, France, where, rather than slowing down, he recently started a new job as a cycle tour guide with Discover France .

This conversation has been edited for length and clarity.

What was the idea behind “Cycling Atlas Europe?”

Cycling interest was first and tourism second. So sports, OK, but when you have an incredible landscape or point of view, you stop there. When you are riding with friends, after three hours you can stop for a beer or an ice cream or even taste a glass of wine if you are in vineyards. So it’s my way to cycle.

You covered Greg LeMond when he was a cyclist, but you also wrote your previous book, “Cycling Atlas North America,” with him. How did that happen?

The publisher, Rizzoli, asked me to do the book “Cycling Atlas North America.” I said I know some places but I need to have an American expert. Greg was enthusiastic. So, when I called back the publisher, I said, “I found someone who knows North America. Maybe you don’t know him, but he was a cyclist a long time ago.” When I said it was Greg LeMond, they just said “Wow.” So, Greg and I wrote the “Atlas North America” together 40 years after our first meeting.

How has cycling changed, especially with travel, during your four decades covering the sport?

Everything changed in cycling — in the way people look at bikes, look at cyclists, and we are just at the beginning of a new era of travel, of bikepacking. It’s very new in France. We saw it just a little bit before Covid. But with Covid, and after, there are a lot of people who want to spend some days on vacation on their bike alone, with friends, with kids, for sport, and for tourism — along the Loire à Vélo , for example, to see the castles and to taste the best wine on the road. There are so many different kinds of rides. But right now, it’s cycling time.

How do you feel about e-bikes?

E-bikes are a fantastic development. I’m a great supporter of e-bikes because I see them bringing people to ride who never cycled. I think it helps people who are not in good health or too old to cycle. It’s a great development here in France.

How have communities and technologies like Strava changed the way people explore the world on a bicycle?

In the first years of Strava, it was considered a way to compare yourself with others. But people have discovered that you can find the best route with Strava tools. It’s incredible because Strava is a technology, but it’s also a social media now. And, when you ask a question of three different people on Strava, two of them will answer — you are sure of that — and often all three.

How will this book help cyclists find their next epic rides?

You just have to turn the pages of the book. I try to mix mountains with coasts, plains and a lot of low mountains. I was very surprised about all the mountain ranges I did not know of before in Germany, Poland, Czech Republic, Portugal, Slovenia — there are many landscapes to challenge yourself if you want.

So, is this book about cycling or travel?

Both. But you know, it’s a problem for publishers and people in the bookshops. A lot of bookshop owners tell me they don’t know where to put my book — in sports or travel.

Why does cycling resonate so much with today’s travelers?

I think there is a relationship with Covid. There are people who discovered they can have vacations two hours from their home rather than flying for six hours. There is also a connection with nature. Maybe it’s a new way of life in the 2020s.

Of the routes you discovered but haven’t ridden, which are you most excited to cycle?

One of the smallest countries in Europe, Montenegro, has a route that climbs above Kotor with, I think, 35 switchbacks. It’s an incredible place and an incredible view when you are at the top. A friend of mine told me about it 10 years ago. “Oh, you told me about L’Alpe d’Huez,” my friend said, “but if you want to see switchbacks, you have to go to Kotor.” So, I want to go there.

Follow New York Times Travel on Instagram and sign up for our weekly Travel Dispatch newsletter to get expert tips on traveling smarter and inspiration for your next vacation. Dreaming up a future getaway or just armchair traveling? Check out our 52 Places to Go in 2023 .

Cycling Around the Globe

Love exploring new destinations on two wheels here are some routes to try, from riverside jaunts to mountain climbs..

From Italy to Croatia: This 150-mile leisurely journey  brims with ancient traditions, sublime food and perched-village photo ops.

Vancouver: The Canadian city’s network of protected bike lanes offers great views , as well as snacking opportunities along the way.

Across the United States: From Vermont  to Alaska , there are miles and miles of tracks to explore , taking you through deserts, valleys and mountain passages.

Hawaii: An electric bike is the perfect vehicle  to explore the islands of Maui and Lanai, where roads heave up hillsides and sail above thundering bays.

Biking Cities: Do you prefer urban settings? These seven cities around the world  are easy and fun to explore on a bike.  

A Quick Guide to Biking

The cycling world can be intimidating. But with the right mind-set and gear you can make the most of human-powered transportation.

Are you new to urban biking? These tips  will help you make sure you are ready to get on the saddle .

Whether you’re mountain biking down a forested path or hitting the local rail trail, you’ll need the right gear . Wirecutter has plenty of recommendations , from which bike to buy  to the best bike locks .

Do you get nervous at the thought of cycling in the city? Here are some ways to get comfortable with traffic .

Learn how to store your bike properly and give it the maintenance it needs  in the colder weather.

  Not ready for mountain biking just yet? Try gravel biking instead .