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He explained how the brand’s new store in Sydney’s QVB building is a space where beauty meets innovation and the values that have defined Clarins for the past seven decades — care, commitment, and community — manifest into an immersive, personalised and exceptional customer experience. IR : Who is the Clarins customer in the ANZ region?
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. The business also launched its second own brand label, AB Labs, and onboarded new international brands including Dior and Huda Beauty in this quarter.
Adore Beauty has agreed to acquire Blue Mountains-based beauty and wellness brand Ikou for $25 million. Ikou complements and strengthens our existing business, delivering revenue growth and margin expansion, as well as supporting private label and physical store initiatives,” said Tamalin Morton, Adore Beauty CEO.
New Zealand entrepreneur Emma Lewisham is setting out to change the course of the beauty industry with her eponymous brand. Inside Retail connected with the founder to learn more about the origin story behind her company and her latest US retail partnership with Credo Beauty. EL: The partnership with Credo came about organically.
Adore Beauty Group posted higher earnings before interest and taxes in the fiscal first half ended December 31. The beauty retailer’s EBIT soared 98 per cent year over year to $4.7 The post Adore Beauty’s trading profit doubles on small sales increase appeared first on Inside Retail Australia. Sales rose 2.3
Of the specialty categories, health and beauty sales increased by more than 15 per cent and fashion by 8 per cent. The post Why Filipino mall giant SM Prime remains committed to regional expansion appeared first on Inside Retail Australia.
The beauty service chain is looking to cash in on a long-held economic theory in retail, dubbed the ‘lipstick effect’, that in times of economic hardship, consumer spending on beauty and feel-good services remains strong. Cosmetic surgical services were part of Cosmetique’s customer offering until it discontinued them in December 2019.
Here is what Bunnings’ managing director Michael Schneider, Wesfarmers’ health retail director Richard Pearson and TerryWhite Chemmart’s executive general manager Nick Munroe had to say. Like Bunnings, it’s part of Wesfarmers, sitting in the company’s health portfolio, with a revenue of $2.4 billion up from $2.3 billion in 2023.
Adore Beauty Group CEO Tennealle O’Shannessy is to step down prompting a global search by the company’s board for a replacement. O’Shannessy joined Adore Beauty last year as the first non-founder CEO in the company’s history. Adore was launched 22 years ago as Australia’s first beauty-focused e-commerce website.
For the 90-year-old beauty giant, the filing represents a final lifeline, as it attempts to rectify debt with creditors by borrowing over $370million. The democratisation of beauty. In the 2010s, the narrative around beauty shifted dramatically, beauty became celebratory, more diverse and more personalised.
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
Major US retailers including Best Buy, Walmart and Amazon are increasing their offerings of healthcare and health-related products as inflation-wary Americans shift more of their budgets to services and away from goods. “The margins you can make in some of the wellness and health product categories has become pretty significant.
What started out as a personal blog for Jessica Sepel during her studies in health and nutrition over 10 years ago, laid the foundations for what is now leading wellness and lifestyle brand JSHealth. Taking health to the world. A passion for health and nutrition is what motivates her to continue to drive the business to new heights. “I
Founded in 2016, luxe-for-less beauty brand MCoBeauty has seen massive growth over the past several years, and is expecting revenue growth of up to 90 per cent in 2023. With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick.
South Koreas largest multi-brand beauty retailer, Olive Young, is setting its sights on the US market with the establishment of a local subsidiary in Los Angeles. We will continue to serve as a growth booster for K-beauty worldwide, ensuring that the industrys upward momentum remains strong. per cent of its traffic coming directly.
Meet The Hut Group (THG), the British e-commerce retailer that made news after a failed attempt to buy out Australia’s Adore Beauty. Adore Beauty is Australia’s number one pureplay online beauty retailer, stocking brands such as Estée Lauder, Bobbi Brown, Huda Beauty and Elf. per cent year over year. cash per share.
Last month, Australian luxury skincare brand Rationale launched its first two international boutiques in Singapore, under the wing of South Korean beauty giant Amorepacific, which invested in the company in 2020. The complete focus from Richard has always been on optimal skin health.
At Dermalogica we are extremely proud that we did not furlough any members of staff and continued to push forward with multiple retail expansion projects together as a team. The post Why Dermalogica believes in the beauty of bricks-and-mortar appeared first on Inside Retail.
After expanding in North America, high-end beauty brand Kypris is now turning its attention to the Asian market, starting with its debut in Japan. Japan’s deep cultural appreciation for beauty, ritual, and craftsmanship closely aligns with Kypris’ ethos,” Chase Polan , founder and CEO of Kypris, told Inside Retail.
Health and beauty marketplace Adore Beauty has revealed revenue gains of 47 per cent to $39.4 We continue to make disciplined investments in our mobile app, loyalty program, content capabilities, range and adjacency expansion opportunities and private label development.”. million for the third quarter.
In India’s fast-paced beauty and personal care market, where trends evolve, and consumer needs emerge, Nat Habit stands out as a beacon of authenticity and commitment to natural wellness. million from a Series B funding round, and Das thinks it is on the brink of an exciting phase of expansion and innovation.
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.
In less than eight years, Vida Glow has become a leading manufacturer of beauty ingestibles. Here, founder Anna Lahey discusses its overseas expansion, the state of the niche in the beauty sector, and why it’s a good time to enter airport-based retailers. AL: Global expansion is an integral focus for 2022.
“This revitalised space offers customers an immersive beauty experience where they can explore our extensive product range and engage with the latest beauty tech and digital elements,” said Mark O’Keefe, GM at Sephora Australia and New Zealand.
The beauty industry is undergoing a rapid transformation – with many businesses expanding their focus to include sustainability and environmental objectives. With decades of experience in retail she has a strong understanding of what beauty retailers want from their wholesale brands. And big beauty is beginning to get it.
Unilever is investing €100 million (US$105 million) to build a “world-class, digital-first” fragrance house, aimed at boosting the expansion of its fragrance segment.
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.
Beauty conglomerate Estee Lauder reported a net sales drop to US$3.36 While we believe the new economic stimulus measures present medium- to long-term potential for stabilisation, and then ultimately growth in prestige beauty, we anticipate strong declines in the near term for the industry in China and Asia travel retail.”
US-based teen skincare brand Bubble burst into Australia’s beauty scene this month through a partnership with Priceline and is reportedly already one of the pharmacy retailer’s top-selling brands. With such a saturated beauty and skincare market, why was it the right time for Bubble to expand and how did it do so successfully?
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. Walker also pointed out the potential for global expansion. “I The cons are [if] none of those three things happen, or they only happen on occasion,” he added.
US-based beauty device company Canopy recently announced the launch of its dermatologist-recommended showerhead in US Sephora stores, marking the brand’s latest retail expansion since it first launched a direct-to-consumer site in October 2020. The global health and wellness market was reported to be worth over US$4.3
Thirteen Lune is an e-commerce platform that sells beauty products from primarily Black-owned brands. Even after having worked in the beauty industry for more than 18 years, Grieco was surprised by the number of new-to-her Black-owned beauty brands she discovered through these listicles. In 2023, Thirteen Lune raised US$12.5
The post Who Gives A Crap founder talks US expansion and launching new brands appeared first on Inside Retail Australia. In the last decade, we’ve donated over $11 million to WASH programs, helped save 1.2 million trees, offset over 168 metric tonnes of carbon and donated more than 20,000 rolls. But it’s just the beginning.
Other categories, like beauty, had started to become an extension of our identities or something proudly displayed in our medicine cabinets, but the period care category was still lacking. KD: Our retail expansion with Whole Foods Market is just the beginning. KD: In the year ahead, were doubling down on health education access.
In the past decade, Korean cosmetic companies have become formidable players in the beauty industry. Famed for the latest in product development and cutting-edge formulations that can rival the West, K-beauty products are now renowned worldwide. Here’s why Olive Young is the one to watch for the beauty industry.
Launched in 2018, Subtl Beauty is built around the idea of having all your makeup essentials — like concealer, blush, and powder — in one easy-to-use stack, or ‘stak’, as the brand dubs its hero product, rather than carrying around a bulky slew of items. Though not my ultimate calling, it sparked my passion for beauty.
French prestige beauty retailer Sephora is widely recognised as a leader in its category, with 3000 stores and 52,000 team members operating worldwide. While the beauty category tends to be resilient in times of economic downturn, Motte noted that Sephora outperformed the market. “We For us, the word partner is not a gimmick.”
After only six months of operations, Aje Collective’s beauty brand, Ikkari, launched its first physical location, with the promise of more to come. The business uses all-natural ingredients across a slew of products, ranging from skincare and ingestibles, to beauty and diffusers. Next, however, is its own bricks-and-mortar expansion.
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.
The new space is part of an $800 million development expansion almost doubling the size of 2500sqm mall. There will also be a dedicated health bar, a fully functioning gym, a day spa, eight treatment rooms, and a relaxation lounge, all under one roof. . The post Karrinyup opens wellness precinct appeared first on Inside Retail.
Australian luxe-for-less beauty brand MCoBeauty has launched its first major physical space in Australia, but there’s a catch: it’s only open for 48 hours. According to MCoBeauty founder Shelley Sullivan, the brand has toyed with physical spaces before, but the House of Beauty is its first “wow moment” in the bricks-and-mortar world.
As a beauty industry veteran with over 20 years of experience, Liu knows what works for the mainstream beauty market. In 2019, Liu launched Tower 28, a brand of clean skincare and colour cosmetics stocked in major retailers like Sephora and Credo Beauty in the US and recently Mecca in Australia. Tower 28’s mission.
The store rounded out a five-year expansion initiative to provide the services, brands and experiences customers are looking for, The West Australian reported.
The Phnom Penh unit is sprawling, covering approximately 1000sqm and offering a beautiful range of items across 15 categories. The product categories are similar: plush toys, health and beauty products, stationery, developmental toys, personal accessories, bags, action figures, snacks, beverages, digital accessories, home decor and more.
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