Impact – Beautifaire

6 Apr

Cosmetica Italia Assesses COVID-19 Impact on Italian Beauty Industry

MILAN — “Numbers are usually not comforting us but luckily our performance was barely higher than we expected. That is the moment to react, even when it would take us longer than we thought to return to [pre-pandemic] performances,” said Renato Ancorotti, president of the Italian association of beauty corporations Cosmetica Italia during a webinar on Wednesday. In the course of the event, the organization released preliminary data on the industry’s performance in 2020. Last 12 months, total sales of Italian cosmetics corporations were down 12.8 percent to 10.47 billion euros in comparison with 2019. Exports — a key driver for the national beauty industry — decreased 16.5 percent to 4.1 billion euros. Italian supply corporations were those most affected by the contraction...

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19 Nov

Weekend Briefing: Labor disputes impact the style industry

by Beautifaire101

Beauty, Featured

Weekend Briefing: Labor disputes impact the style industry - Glossy Nov 19, 2023 • 3 min read ...

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18 Nov

How Pharmacy Closures Will Impact Consumers and Personal Care

by Beautifaire101

Beauty, Featured

How Pharmacy Closures Will Impact Consumers and Personal Care

As pharmacies across the country close and pharmacists strike for higher working conditions, industry experts are analyzing the implications for consumers. It wasn’t so way back that major drugstore chains were committed to expansion, with the intention to be on every corner making health services widely accessible — this approach proved successful throughout the COVID-19 pandemic. Nevertheless, the strategy is now going downhill with many major retailers announcing closures. In October, Rite Aid filed for Chapter 11 bankruptcy. Meanwhile, earlier this yr, in June, Walgreens announced it might close 150 doors, following 200 store closures in 2019. In 2021, CVS said it might close 900 doors over the subsequent three years. Experts attribute these closures to the sheer amount of pharmacies, the...

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22 Sep

Jay Ellis On The Impact Of JBL And His

by Beauty Tips

Makeup, Featured

Photo Credit: Axelle/Bauer-Griffin/FilmMagic Taking up Park MGM on the Vegas Strip from September 21- 23, the three-day JBL Fest will kick off with the launch of its latest premium speaker line – the primary range of WiFi Home speakers. Moreover, JBL will serve because the exclusive audio partner for Life is Beautiful, the premiere music and humanities festival in Las Vegas, and can feature a special experience bringing the JBL’s True Wireless line to life. With notable figures corresponding to Bruno Mars, D’Mile, Evan Ross, and Halima Aden, amongst others, all attending the launch, this yr’s festival will certainly be one to recollect. Actor, entrepreneur and JBL enthusiast Jay Ellis, who will even be appearing at Park MGM, spoke to ESSENCE concerning...

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