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There have been big changes in men’s grooming in a relatively short space of time. As a result, it is now one of the most opportunity-rich categories in beauty and personal care.
Locations of beauty retailers such as Kiko, Hema Beauty and Bellista by Nocibé are proliferating in France, targeting a younger generation of beauty buyers.
Consolidated net sales for fiscal year 2013 for the beauty retailer were over $3.6 billion, an increase of 2.8% from fiscal year 2012.
A new report from The NPD Group shows coveted consumer millennials are still spending most of their money in-store, but their shopping habits are very different from older generations'.
The growth for the quarter for Sally Beauty was primarily attributed to new stores for the company.
For the fiscal 2013 second quarter, consolidated net sales for Sally Beauty Holdings were $898.2 million, an increase of 1% from the fiscal 2012 second quarter.
Findings from the 2013 Harris Poll EquiTrend study show many luxury brands made gains in brand equity over the past year.
“The results of the study support the conclusion that despite the pervading belief of marketers that consumers and shoppers want to simplify as much as possible, 58% of total respondents believe “Getting into the details” will be a more prominent trend in 2013,” according to Anthem Worldwide.
The company's results for the first quarter of 2013 were solid, up 4.7% from 2012's first quarter.
Ever-changing and ever-evolving, the trends in beauty retailing currently include more retailer brands, pop-up shops, video as a sales tool and more.