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Inside Retail connected with Hurtado to learn more about how Hello Updo fills a white space in the haircare market, how her brand honored Hispanic Heritage Month and her dream of creating a world where every hair type has its rightful place in beauty. We are empowering them to embrace their own beauty.
Taking into account CVS store footprint, SKU roster, regular pricing and promotional pricing, the company can create up to 900 million different combinations of assortment and price across its stores. And [its the same] across beauty, across health and wellness.
Adore Beauty Group enjoyed higher revenue in the fiscal first half on the back of a record number of returning customers and more active customers. Returning customers rose 5 per cent to 507,000, who accounted for 81 per cent of sales. And the company has engaged a consultant to imagine how the brand could create a physical store.
Pureplay online beauty retailer Adore Beauty says returning customers have largely contributed to the business’ growth in the first quarter, although sales don’t reflect the same. In a trading update based on unaudited accounts, the business registered $45.4
Synthetic biotech company Amyris is set to offload its clean beauty consumer brands as part of financial restructuring. According to Business of Fashion , there was speculation earlier this month that the beauty conglomerate was trying to sell off its brands to “satisfy creditors”. Baby personal care line Pipette contributed $5.9
Pureplay online cosmetics retailer Adore Beauty says returning customers contributed 70 per cent of sales coupled with a higher than average spend last year. Sales of its Viviology skincare brand – which launched in June this year – exceeded “internal expectations” while the fragrance and Korean beauty categories accounted for 4.1
It’s Jim’s Beauty , offering “professional beauty treatments in the comfort of your chosen space”. These services are usually offered in the client’s home, and are provided by franchisees, as will the beauty services – which will include facial, lash and brow and nail treatments, as well as waxing and teeth whitening.
Wellness has become a priority for people in the wake of the pandemic as evidenced by the surge in demand for health and well-being products, which is projected to reach $5.2 Priceline is another Australian pharmacy that has increased its foothold in the beauty and wellness space under the ownership of retail conglomerate Wesfarmers.
Adore Beauty enjoyed improved earnings in the last fiscal year, thanks to the record number of returning customers, accounting for 79 per cent of product sales. The online beauty retailer’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 661 per cent to $4.8 million while revenue grew 7.4
Hair care, previously the step-sister to makeup and skincare, is starting to take centre stage as a major beauty category. Creating a masstige product Mylius’s experience in FMCG beauty categories, including self-tanner and oral care, primed him to see opportunities in the grocery beauty landscape.
There are two key areas of healthcare that the merger has the potential to disrupt; prescriptions and allied health services, such as optometry and audiology. Together they will account for an estimated 16 per cent of the 6000 pharmacy stores in Australia, an estimated 40 per cent of which are independently owned.
Beauty firm Sephora struggled through another difficult year and may have difficulties trading as a going concern, according to a report in AFR. The report, which cites Sephora Australia’s accounts filed with ASIC this week, states the makeup retailer’s losses hit $7.87 million loss coming after 2019’s loss of $6.5
The categories, chosen to complement the retailer’s primary offerings, including health and beauty, home décor, seasonal items, kitchen and dining, outdoor, pets and premium pantry products. The service will be available to Giant customers in Washington, D.C., Maryland, Virginia and Delaware.
Health, Beauty & Cosmetics revenue declined by 19 percent. Jewellery sales grew by 2 percent, with mobile orders accounting for 81 percent of purchases, highlighting the continued appeal of luxury items and the convenience of mobile shopping. Furniture and Homewares revenue increased by 22 percent year-on-year.
So it follows that, along with all the face re-arrangements and botoxing (which, by the way, is also turning Thailand into a medical tourism hub) is a post-Covid boom in the retail beauty product sector. Influencers Influencers are a key driver of sales in the beauty market. Skincare products accounted for US$2.6
Participating businesses also will receive checking and savings accounts and hardware from Square. Retail businesses must be: Part of the clothing and accessories, health and beauty, home goods and furniture or food and beverage sectors; Based in the U.S.; Applications for Forward are open through April 1, 2023.
Pureplay online beauty brand Adore Beauty registered a strong performance in the third quarter, increasing revenue and its customer base. . Based on unaudited accounts for the three months to March 31, the brand’s revenue rose 9 per cent to $42.7 The company’s mobile app accounted for 10 per cent of its revenue.
per cent rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China. The smaller but fast-growing dermatological beauty unit, which sells La Roche-Posay and CeraVe skincare, grew 21.9 billion euros ($11.98
Revolution Beauty is back in the black despite disappointing online sales and weaker US performance. The online beauty retailer grew its pre-tax profit to £11.4m That will put us firmly on the right trajectory to achieving our ambition of being a top 5 player in the mass beauty market.” Adjusted EBITDA hit £12.6m
When employers opt for ergonomic chairs, they are investing in their employee’s health, safety and, ultimately, productivity. The beauty of ergonomic chairs is that employees can adjust them to their needs without an employer buying individual chairs for everyone offering personalisation at scale. With nearly 2.5
Social commerce will dominate By 2029, social commerce driven by platforms like TikTok and Instagram will account for a substantial share of Gen Zs purchases. By balancing purpose-driven marketing with authentic content, Rare Beauty highlights how social commerce can thrive in a Gen Z-focused marketplace.
Similar spikes are already apparent in the Google Ads performance of several verticals, as we saw May ad revenue increase across electronics, food and drug, health and beauty, and sporting goods year-over-year. Learn From: Health & Beauty. Mike Baber is Director, Strategic Accounts at Sidecar.
She explains that she wants to keep the beautiful skin she has, well into her teens. And is it ethical for businesses to capitalise on the trend of tween beauty? Drunk Elephant takes to social media The controversy surrounding tween beauty has thrown a few beauty brands into hot water. The topic of discussion?
I have an obsession with going into outdated boring categories and making them beautiful and perform better,” Georgia Geminder, founder of Gem, told Inside Retail. Dedicated to wellness, Vitality Brands acquired New Zealand-based clean-beauty brand Essano earlier this year and similarly purchased Tribe Skincare in August last year.
The company noted its perfume segment continued to outperform, supported by expansion in both volumes and price/mix, while the beauty segment continued experiencing slower growth due to unit demand. Each of these markets, however, accounts only for a low-single-digit percentage of the business.
billion online in 2020, and many sellers experienced substantial growth in key categories, such as home goods, health and beauty. In the US, for example, eMarketer reports that D2C sales now account for 33% of Nike’s revenue. . Australians spent an unprecedented $50.46 Fulfilment of the future. And now’s the time to get ahead.
The Federal Circuit and Family Court has imposed a $100,000 penalty against Yeon Beauty Salon Pty Ltd, which operated the Yeon Art Hair salon, and a $39,091.50 In addition, the worker was told to cover leave entitlements and “amounts associated with her visa”, including training fees, accountants’ fees, tax and superannuation.
Aside from investigating the companies’ online marketing claims, the consumer watchdog will also conduct a separate sweep to target misleading reviews posted on businesses’ websites, social media accounts and third-party platforms. Influencers in the spotlight.
Beauty’s first unicorn, a digital pioneer, the first Millennial-focused brand…five years ago, these were all buzzwords associated with the beauty lifestyle brand Glossier. The brand began as a spinoff from founder Emily Weiss’s notable beauty blog ‘Into The Gloss’. More than 30 products later and with a valuation of US$1.8
Revolution Beauty has posted a drop in sales and half-year profits amid what it labelled a “transformational” year for the business. Revolution Beauty is expanding its partnership with Boots this month to include 250 new stores across the UK. Click here to sign up to Retail Gazette‘s free daily email newsletter
He is an accomplished designer who studied arts in France 15 years ago before taking a job with a public relations consultancy in China’s capital, Beijing, where he worked on the account of Procter & Gamble, an FMCG company with a raft of hair and skincare products. Our pricing is the highest in the beauty industry for a Chinese brand.
However, even though Black women, and the BIPOC community more broadly, are the largest driver of sales across multiple beauty product categories, they are often the least represented in the multibillion-dollar industry. per cent of total beauty industry ventures. The trio ended up raising approximately $2.1
Due to COVID-related restrictions, many retail stores, spas and beauty salons were shuttered, and we all were forced to take care of our beauty needs at home. At the same time, many doctors, dermatologists and beauty professionals also moved online to provide us the info we needed. Last year was the year of self-care.
Global beauty brand Lush is shutting down its Facebook, Instagram, TikTok and Snapchat accounts until the platforms take action to provide a safer experience for their users.
Fast-growing British beauty brand Trinny London has come a long way since launching online five years ago. The brand’s expansion into skincare earlier this year was a resounding success, with the new vertical already accounting for 30 per cent of annual revenue, which is said to be in excess of £50 million ($89 million).
The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. Other bidders have expressed an interest in acquiring the famous ethical beauty brand.
of Revolution Beauty, was among nearly 75% of investors who voted to oust the cosmetics retailer’s three most senior directors. Zissman tried to delay the meeting because Boohoo Group was attempting to take control of the board by appointing its own candidates to run Revolution Beauty. Boohoo, which owns about 26.6%
“One of the more interesting trends we’ve seen this past year is that, unlike younger consumers who embraced ecommerce for its convenience, older consumers have adopted ecommerce during the pandemic primarily for health and safety reasons,” said Kelly. Millennials are the highest spenders, but Gen Z is most likely to buy directly from brands.
According to Takashimaya, even before the global health crisis, businesses around the world were seeking to become more sustainable, but the pandemic moved them to act on those plans. Paper accounts for 25 per cent of waste in landfill and 33 per cent of municipal waste, according to technology company Timico.
This new greener store incorporates technology inspired by its Sleep Number 360 product and research supported by its own data to promote sleep health. Retailers are now being held to task by regulatory agencies (and by the public) for their responsibility in maintaining environmental health.
The opportunity to use these channels to share relevant, engaging and entertaining content is clear, but brands and their content creator partners are struggling with social networks culling content that doesn’t fit standard definitions of beauty and health.
While apparel was previously a top three exporter for non-food retail, now health & beauty, electricals and DIY and gardening make up three quarters of UK retail exports to the EU. Retail Economics and Tradebyte noted online marketplaces now make up over two-fifths of the EU’s £322.6bn annual online non-food sales.
Taking place at Noho Showrooms , the activation combines elements of sport and beauty in an interactive setting. Beauty specialists are on hand to offer personalised mascara fittings, helping attendees find the most suitable lash look. Mascara products and related lash services now account for 22% of Benefits total UK sales.
The firm points to two categories that will have the biggest influence worldwide: food and beverage, and beauty and personal care. Instead of supplements that sit in bottles in your medicine cabinet, our belief is that health should be readily available in your pocket,” Yoshimura said in an interview with Retail TouchPoints.
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