Search Global Cosmetic Industry: Page 4

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Section: Consumers & Markets

Last year, brick-and-mortar stores accounted for 80% of fragrance sales revenue for Valentine’s Day, NPD projects that this channel will continue to be most important in the week ahead.

US Prestige Fragrance Sales Projections for Valentine's Day 2023

In 2022, prestige fragrance sales in the two weeks leading up to Valentine’s Day reached nearly $270 million, growing by 24% versus 2021.

U.S. Prestige Lip Color Sales Grow by Double-Digits

Total lip makeup sales up for the 12 months ending November 2014, and growth in lip makeup is not limited to lip color; lip products are among the primary drivers of total prestige makeup growth.

Physical retail drove Q3 prestige skin care sales gains, though the online channel reportedly accounts for almost 40% of sales.

Q3 2022 Prestige Beauty Unit Sales and Revenue Grow Double Digits

Key drivers include hair health products, lip products, clinical skin care and interest in luxury fragrance.

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Wow, Alibaba Sold a Lot on 11/11's Singles Day

Single people spent $14.3 billion in one day, according to the Chinese e-commerce giant. And wait until you see the m-commerce portion.

Sunbed Users Twice as Likely to Use Anti-aging Products

Nineteen percent of UK sunbed users start to use anti-aging products by the time they are 25, compared with just 5% of those who don’t use sunbeds.

Mood is central to motivating purchases, per Circana, which reports that 80% of fragrance users say that scent is critical for enhancing or lifting their moods.

Gen Z is the Key to Fragrance Growth

Gen Z shoppers are also most likely to buy a scent for themselves several times a year, compared to other age cohorts, though all generations seek to treat themselves to fragrances.

Persky reveals shopping habits of the two youngest consumer generations: Millennials and Gen Z.

Report Explores Shopping Habits: Millennials vs. Gen Z

Persky reveals the shopping habits of the two youngest consumer generations: millennials and Gen Z.

Makeup spend per buyer on makeup increased by 10% so far in 2023, while purchase frequency rose by 4%.

US Beauty Sales Will Remain Strong Through End of 2023: Circana

Makeup spend per buyer on makeup increased by 10% so far in 2023, while purchase frequency rose by 4%.

Lipstick has been a powerhouse in the color cosmetic category; photo by Matthew Reyes at Unsplash.

Q2 Beauty Sales Jump 16%

NPD data shows all categories are growing, though makeup still lags pre-pandemic levels.

Case Study: Tru Blooms Chicago First Harvest

Tru Blooms Chicago is a first-of-its-kind fragrance initiative to transform the city’s green spaces into growing spaces, cultivating flowers that would be harvested and bottled into a limited edition perfume.

BareMinerals Debuts Shade Shop in New York’s Soho

The new retail shop focuses on foundational color needs for its beauty customers, as well as a rotation of fun, new, seasonally derived test concepts.

Per NielsenIQ, 82% of Gen Z (18-24) shoppers spent more or the same amount as last year’s Cyber Monday shopping event.

[update 3]: Beauty Among Top Black Friday 2022 Sales Categories

Per TechCrunch, U.S. online sales across sectors totaled $8 billion on Black Friday, compared to $40 billion worldwide.

Avon's Revenue Down 2% for Q2 2013

Avon CEO Shari McCoy says, "Our second quarter results reflect continued progress in stabilizing Avon's business. There is still significant work to be done to deliver sustainable performance in the near and longer term, but I'm pleased with the progress to date."

Fundamentals such as a high replenishment rate have kept the prestige beauty sector strong, as has experiential brick-and-mortar. In fact, Circana's Larissa Jensen says, 'we anticipate the brick-and-mortar channel to outperform e-commerce in 2024.'

Prestige Beauty is Set to Grow Throughout 2024: New Data

Prestige fragrance rose 12%, led by juices, gift sets and body sprays, while makeup increased 11%, driven by blush and lip oils.

Coty Records 4% Revenue Drop for Its Q2 2014

Coty CEO says U.S. market softness, particularly in the mass fragrance and nail categories, impacted its performance.

Elizabeth Arden Expects Lower Sales Results for Q2 Fiscal 2014

Lower fragrance sales and North American sales disappoint for the company, and the CEO is looking to its international business for an uplift.

The United Kingdom saw increases in sales while the cancellation of Octoberfest appeared to have an impact with higher sales decline in Germany.

UK and German Prestige Beauty Sales Trends: NPD

The United Kingdom saw a variety of increase in sales like skin care and e-commerce while Germany struggled with decreases in sales in all categories.

Avon's Q1 2013 Results See Revenue of $2.5 Billion

North America and Asia Pacific drop for Avon, but overall results better than expected.

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