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Adore Beautyplans to expand its national retail store network over the next three years to accelerate its omnichannel growth. The company is targeting the opening of more than 25 stores as part of its three-year strategy, which was announced at its annual meeting in Melbourne. For the last fiscal year, Adore Beauty posted a 7.4
Transitioning one of Australias leading beauty retailers from a pureplay e-commerce operation to a truly entrenched omnichannel business has been a really positive experience, Sacha Laing, Adore Beauty CEO, told Inside Retail. Adore Beautys educational value proposition has also been translated in-store through its beauty experts.
Wesfarmers Health has opened the pilot of a new beauty and wellness concept store called Atomica, which it plans to roll out in major cities this year. Wesfarmers Health partnered with branding and design agency Houston Group to design the inaugural Atomica store. per cent to $5.62
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?
Adore Beautys earnings more than doubled in the fiscal first half, which management says reflects the early phase of the companys growth strategy. Adore Beauty will open its first retail store on February 1 at Westfield Southland in Victoria and its second store at Watergardens in early March.
The beauty industry is arguably one of the most difficult, yet lucrative, sectors in the broader retail industry, thanks to the constantly influx of newer brands onto the market and shifting consumer concerns. According to the analysis firm Grand View Research , the US beauty and personal care products market is estimated to be worth US$102.7
Health, fitness and beauty. A simple image search for health and fitness reveals screeds of bronzed, impossibly-toned bodies, paired with motivational slogans encouraging people to try harder, reach further, strive, dominate, or ‘just do it’. The pandemic mindset-shift for fitness. He was raw, honest and brilliantly witty. “If
Japanese beauty giant Kose has expanded its portfolio with the acquisition of Bangkok-based beauty and wellness brand Panpuri from Lakeshore Capital and shareholders. Its a validation of our philosophy, values, and commitment to creating meaningful, sustainable beauty and wellness experiences, Siripark said.
. “As CEO, Tamalin has done an excellent job delivering Adore Beauty’s financial and operational successes and developing the strategic plan. Tamalin steps down as CEO with the business in a strong position,” said Marina Go, chair of Adore Beauty’s board. per cent year over year to $45 million.
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.
Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5 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.
Adore Beauty has enjoyed a record maiden result, with revenue and active customers hitting peak levels throughout the business’ first year on the ASX, bringing the company into a positive position. The post Adore Beauty rights ship in FY21 with revenue, customer and profit growth appeared first on Inside Retail.
In an industry as hard to penetrate as the beauty market, Conserving Beauty stands out from the competition with its unique approach to formulation and heartfelt passion for sustainability. Inside Retail : How did the concept for Conserving Beauty come about? Which is where the name Conserving Beauty stemmed from.
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.
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. We’re very focused on telling that story.”
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.
Sustainability has been on the radar of most beauty brands in recent years, but according to ethical beauty retailer Lush, now is the time for the industry to take a step further and work towards regeneration. “To per cent of this is used by the beauty industry. “In Steps toward regeneration.
To say health and beauty conglomerate BWX has had a difficult few years could be an understatement. After purchasing hundreds of millions of dollars’ worth of successful beauty brands and platforms, the business, which was valued at $860 million five years ago, is now worth about $36 million. It’s a long story. What went wrong?
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.
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.
The season also marked the continuation of trends first seen during Black Friday and Cyber Monday sales, with Black Friday setting the tone for a practical and planned-out festive period. Early promotions captured a significant share of the festive budget, allowing consumers to plan purchases while taking advantage of discounts.
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.
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. What does this signal for Viv for your Vs brick-and-mortar strategy? IR : In the year ahead, what areas of opportunity are you planning to tap into?
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.
Chinese consumers are now adjusting to a “new normal” in response to evolving market conditions, prompting businesses to rethink their strategies. Luxury faces a recalibration: While luxury remains aspirational, only 16 per cent of consumers plan to increase their spending in this segment.
Now the entrepreneur is at the helm of her own beauty brand, Trinny London, focused on making cosmetics easy to wear and accessible to everyone. We chat with Woodall about how her brand fills a gap in the beauty sector and connecting with customers through content. Can you tell me about your content strategy and what it involves?
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
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. Anna Lahey : My own introduction to ingestibles was completely transformative.
Steven Khalil Interieur is the home interior offering that Khalil plans to continue expanding on following the collection with Designer Rugs in November. If this goes well, I feel like the world is my oyster with anything I would go into; beautiful homewares; like cutlery, plates anything to do with the home.
Billionaire Dennis Bastas has acquired $1 billion dupe beauty brand MCoBeauty, the Australian Financial Review (AFR) has reported. The brand plans to venture into Europe as its next market, the AFR said, citing Sullivan. It has taken market share from popular brands such as L’Oreal, Rimmel and Maybelline.
Straand’s strategy for the holiday season’s key sales event is all about rewarding its loyal customers who are looking for their favourite product top-ups at a discount and reaching new customers who are curious to add a new product to their rotation. Real beauty isn’t perfect and neither are we.”
LVMH-owned beauty giant Sephora is reportedly carrying out a significant workforce reduction in China, a move aimed at mitigating financial losses in the challenging market. The company plans to lay off approximately 4000 employees, which represents 10 per cent of Sephora China’s total workforce.
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
SM Prime Holdings, the largest mall operator in the Philippines , has underlined its regional development strategy in the archipelago with the grand opening of a new mall in Mandaue City, Cebu on October 25. This landbank should be sufficient to serve the company’s development plans for five to seven years.
Restrictions during lockdown periods have resulted in at-home beauty alternatives and an increased focus on self-care. The new normal has led to new beauty regimes and habits, represented in the dynamic of growth and decline of the segments. Channel shift in beauty categories. Beauty in the new normal.
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.
Health brand incubator Eucalyptus has unveiled plans to expand beyond its direct-to-consumer and service offerings and enter bricks-and-mortar retailers across the country. All of them have different distribution and channel strategies, and have different products within their portfolio,” Fleming said.
In Australia, the top product categories include: health and beauty products, such as skincare and shaving supplies; pet care, food and beverage, such as meal kits; household essentials; and premium alcohol. Pet owners often seek out premium products that contribute to their pets’ health and wellbeing.
The surge of consumption of Korean beauty products has made K-beauty not only popular in its most prominent market, Asia Pacific, but also the rest of the world. The K-beauty market is projected to reach $13.9 Next year, Okafor plans to open her first physical store in Africa.
The surge of consumption of Korean beauty products has made K-beauty not only popular in its most prominent market, Asia Pacific, but also the rest of the world. The K-beauty market is projected to reach $13.9 Next year, Okafor plans to open her first physical store in Africa.
Last month, it was reported that Selena Gomez was mulling a potential IPO or sale of Rare Beauty, her cosmetics business worth an estimated $2 billion. Rare Beauty is not the only beauty brand in transaction talks, with Glossier, Merit Beauty and Kosas all reportedly exploring various IPO and sale options.
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.
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.
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. Our products prioritise sustainability, cruelty-free formulations, and diverse marketing strategies. There’s a huge upside for us to cover.
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