Global – Page 7 – Beautifaire

23 Jun

Global Luxury Goods Market Set for Continued Growth in 2023

MILAN – The worldwide appetite for luxury goods continues to be healthy. Bain & Company’s Luxury Goods Worldwide Market Study – Spring 2023, presented on Friday with Altagamma in Milan, shows the non-public luxury goods market is projected to grow between 5 and 12 percent in 2023, or between 360 billion and 380 billion euros, following a record 12 months in 2022, despite geopolitical tensions and macroeconomic uncertainty. Last 12 months the sector reached a market value of 345 million euros, and by 2030 it's more likely to reach between 530 billion and 570 billion euros. That is around 2.5 times its size in 2020. The primary quarter of 2023 continued to indicate good momentum, leading to growth of between 9...

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20 Jun

Saks to Introduce Exclusive Balmain Beach-themed Capsule and First

by Beauty Tips

Fashion, Featured

Saks to Introduce Exclusive Balmain Beach-themed Capsule and First

Balmain is all set for beach getaways. Saks will launch an exclusive beach-themed capsule collection by Balmain on Tuesday. It can also unveil its first handbag shop-in-shop on the Saks Fifth Avenue flagship in Recent York. The Balmain Beach capsule consists of girls’s and men’s ready-to-wear, handbags and shoes created exclusively for Saks. The gathering was inspired by Balmain creative director Olivier Rousteing’s memories of summer escapes to beaches within the South of France while growing up in Bordeaux. Playing on a number of the hottest looks from recent Balmain collections, the capsule blends house signatures with the spirit of a European beach getaway. A women’s look from Balmain’s beach-themed capsule exclusively for Saks. courtesy shot. To have a good time the launch,...

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18 Jun

Nicholas Galitzine Named Fendi’s First Global Menswear Ambassador

by Beauty Tips

Fashion, Featured

Nicholas Galitzine Named Fendi’s First Global Menswear Ambassador

MILAN — On this high-season of ambassadorships, not a K-pop star but young British actor Nicholas Galitzine has been tapped to embody the Fendi man, becoming the brand’s first global menswear ambassador. On this role, Galitzine fronts the style house’s first men’s promoting campaign, which cements his bond with the LVMH Moët Hennessy Louis Vuitton-controlled label that began last yr. To wit, the actor attended each Fendi’s Baguette twenty fifth anniversary show in Latest York last September and its men’s fall 2023 runway show earlier this yr, which marked his first time in Milan, which he revealed to WWD on the show. That have was followed by the shooting of the campaign in the town, for which Galitzine posed solo in front of...

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18 Jun

2022’s Top 100 Global Beauty Manufacturers – WWD

by Beautifaire101

Beauty, Featured

2022’s Top 100 Global Beauty Manufacturers – WWD

WWD Beauty Inc Top 100 1. L’ORÉAL CLICHY, FRANCE 2022 BEAUTY SALES: $40.31 BILLION €38.26 BILLION +18.5% vs. 2021 Predominant Brands: CONSUMER PRODUCTS: L’Oréal Paris, Garnier, Maybelline Latest York, NYX Skilled Makeup, Stylenanda, Essie, Mixa. L’ORÉAL LUXE: Lancôme, Yves Saint Laurent, Giorgio Armani, Kiehl’s, Helena Rubinstein, Biotherm, Shu Uemura, IT Cosmetics, Ralph Lauren, Urban Decay, Mugler, Valentino, Viktor & Rolf, Maison Margiela, Azzaro, Takami, Prada, Diesel, Carita. PROFESSIONAL PRODUCTS: L’Oréal Professionnel, Redken, Kérastase, Matrix, Pureology. ACTIVE COSMETICS: La Roche-Posay, Vichy, SkinCeuticals, CeraVe, Skinbetter Science. Key Financials: Like-for-like sales: +10.9% vs. 2021 Operating profit: €7.46 billion, +21.0% Net profit: €5.71 billion, + 24.1% Sales by Division: Skilled Products: €4.48 billion, +18.3% (+10.1% like-for-like) Consumer Products: €14.02 billion, +14.6% (+8.3% like-for-like) L’Oréal Luxe: €14.64 billion, +18.6% (+10.2% like-for-like) Energetic Cosmetics: €5.12 billion, +30.6% (+21.9% like-for-like) Sales by geographic zone: Europe:...

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