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News
Boots Shows Growth in 2011/2012 Financial Report
The UK-based pharmacy chain and beauty brand owner's health and beauty division saw revenue increase year-on-year by 0.6% to £7,671 million.
Brick and Mortar
Nordstrom Tops Luxury Shopping Rankings
A survey from the Luxury Institute reports that U.S. shoppers earning at least $150,000 annually show preference to Nordstrom over other department store and luxury shopping options.
Brick and Mortar
Preliminary Results Show Strong Growth Quarter for Ulta
The company expects to report its Q1 2012 total net sales of $474 million, representing a 22.8% increase over Q1 2011.
Regulatory
Sephora Americas Names General Manager of Sephora inside J.C. Penney
Artemis Patrick has taken on the position.
Consumers & Markets
Consumer Confidence in Personal Finances Up, Though Consumers are Still Cautious
Symphony IRI reports that thought consumers are more confident in their personal finances as compared to recent previous quarters, they are nervous and consequently cautious about their financial futurel
Consumers & Markets
Prestige Beauty Grows 21% in China in 2011
An increased interest in skin care products are the primary driver for this growth in China's beauty market, followed closely by prestige makeup.
News
Hispanic Purchasing Power Maintains Despite Rocky Economy
In a post from Kline Blogs, the market research company discusses the strength of Hispanic purchasing power, as well as their tendency to continue buying and being loyal to the same beauty brands despite economic shifts, and the increase in attention from brands and retailers.
News
LVMH Sales Up 25% in Q1 2012
Fast growth in the U.S. and Asia helped bolster company sales to €6.6 billion for the quarter, and LVMH-owned Sephora is making plans for stores in Brazil and Scandinavia.
Fragrance/Home
The Fragrance Foundation Relaunches Online Learning Program
The reboot of "Basic Selling Skills for Fragrance" targets part-time sales associates and those new to selling fragrance.
Brick and Mortar
Ulta Continues Impressive Fiscal Record, 22% Sales Increase for 2011
The beauty retailer saw Q4 2011 sales increase 23% over Q4 2010, and is looking to open 100 new locations in 2012.
Consumers & Markets
Beauty Sales Post Greatest Growth in Volume Terms in Five Years
Dynamism in toothpaste, hair care and perfume segments help volume growth; performance of direct sellers slips.
Color Cosmetics
NPD Group Report Sees Incredible Prestige Beauty Gains, Immense Fragrance Growth
The market research company found the prestige beauty market generated $9.5 billion in 2011, an 11% increase over 2010—the largest increase The NPD Group has seen in the 15 years it has tracked this market.
Color Cosmetics
Study From Total Beauty Media Group Shows Strength of Luxury
The study also shows many women often buy luxury beauty products on discount websites and that sampling is the number one factor in influencing a purchase, followed by peer product reviews.
Event Coverage
CEW Newsmaker Forum Presented Ulta’s Chuck Rubin
“I think the greatest opportunity is to create a community for the customer by enhancing the brand, bringing it to life and making the customer feel welcome,” Ulta’s Chuck Rubin told CEW members.
Brick and Mortar
Salon Industry Numbers Help Boost Beauty Growth
Total revenues for the salon industry grew 4.2% in 2011, helping grow sales for beauty's hair, skin care and nail care segments.
Color Cosmetics
NPD Sees 11% Uptick in U.S. Prestige Beauty Sales in 2011
Skin care and fragrance sold in U.S. department stores both posted double-digit dollar growths of 14% and 11% respectively, while makeup grew a healthy 9%, compared to 2010.
Fragrance/Home
LVMH Reaches 16% Revenue Jump in 2011
The company realized growth in Europe, the U.S. and Asia, with its perfumes and cosmetics division increasing revenue 9% over 2010 and its selective retailing division's revenue up 19%.
Brick and Mortar
Ulta Adds New Board Member
Cathy Halligan, Powerreviews Inc. senior vice president, takes over from Herve Defforey.
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