Consumers – Page 3 – Beautifaire

14 Apr

Consumers Became More Cautious After SVB Prompted Bank Worries

The patron is showing some signs of wear and tear and tear, having absorbed high inflation, high rates of interest and a touch of bank panic. Retail and food service sales growth slowed to only 2.9 percent from a 12 months earlier in March, almost half the 5.9 percent expansion seen in February, based on latest data from the U.S. Census Bureau. And fashion proved to be a drag, with sales at apparel and accessories specialty stores slipping 1.8 percent 12 months over 12 months while shops logged a 1.2 percent decline. One brighter spot got here from e-commerce, which remains to be not riding as high because it did through the pandemic, but continued to win share with non-store retailers posting a...

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11 Apr

Bridal Industry Rolls With Consumers’ Waves of Concerns and

by Beautifaire101

Beauty, Featured

Bridal Industry Rolls With Consumers’ Waves of Concerns and

Bridal manufacturers are rolling with an evolving world, with overinformed and indecisive brides, shipping concerns, a troublesome geopolitical landscape, sustainability objectives and rising costs and inflation. In a survey of 12,000 couples who plan to wed this yr conducted by The Knot, 61 percent said the economy has already impacted their wedding planning and decision-making. And 49 percent pegged inflation and rising costs as one other top concern. Those within the bridal industry describe brides who're flush with information, and infrequently searching for styles that fit their individual tastes, with special touches. Brides as still willing shell out for “the one,” experts said, though the industry could do higher providing options for people across the scale and gender spectrum. With sourcing issues...

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30 Mar

Chinese Consumers to Drive Luxury Sales within the Middle East

by Beauty Tips

Fashion, Featured

Chinese Consumers to Drive Luxury Sales within the Middle East

SHANGHAI — Based on a recent report from Barclays, a healthy luxury consumption rebound within the Middle East might be partly fueled over the approaching months by China‘s reopening. “We expect Chinese tourists to supply a lift to Middle East luxury sales over the subsequent six to 12 months, which ought to be visible from the second quarter onward,” Barclays wrote within the report. “We estimate that Chinese tourism contributed around 10 to fifteen percent of luxury sales in Dubai pre-pandemic,” the report continued. “Taking a look at flight data, it is evident that travel from mainland China toward Dubai is recovering at a much faster pace than toward Europe since year-to-date, because of higher flight capability and targeted marketing campaigns from...

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6 Feb

Why Consumers Are Taking a Clinical Approach to Skin Care

by Beautifaire101

Beauty, Featured

Why Consumers Are Taking a Clinical Approach to Skin Care

Prestige skincare sales proceed to rise, even with today’s global economic status, largely driven by medical-grade brands which took the skincare category to $1.7 billion in sales in 2021’s third quarter, a 14 percent increase, in accordance with data from NPD Group. While often regarded as a distinct segment segment inside beauty, medical-grade skincare earned its place as the biggest segment of the skincare market in 2020 and continues to realize momentum. The shift toward medical grade skincare follows several years of the “clean” and “natural” brands’ skincare boom, wherein consumers pledged to avoid certain ingredients and change into more knowledgeable about what they placed on their skin. As consumers proceed to keep up the importance of understanding skincare ingredients, they're...

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