Market – Page 4 – Beautifaire

2 Oct

True Botanicals Taps Into the U.K. Market With Cult

LONDON — As clean beauty brand True Botanicals gets closer to its 10-year anniversary next yr, the brand has one thing on its mind: the U.K. market. So, the brand launched exclusively with retailer Cult Beauty. “We noticed that traffic to our site was from the U.K. specifically and that our bio-holistic approach to skincare was resonating,” said Hillary Peterson, founding father of True Botanicals, in an interview. The choice to partner up with Cult Beauty was resulting from its “high end positioning” and since the location is a “trusted source” for beauty, she said. The retailer is leaning into conscious beauty, which aligns with Peterson’s values for her brand, she noted. “They're a digitally native brand, identical to we're, so it just made a...

0 Comments

6 Aug

K-Beauty Products Market Size is projected to succeed in

by Beautifaire101

Beauty, Featured

K-Beauty Products Market Size is projected to succeed in

Recent York, United States, Aug. 03, 2023 (GLOBE NEWSWIRE) -- South Korean skincare products are collectively known as K-Beauty. The style has gained worldwide popularity, notably in East Asia, Southeast Asia, South Asia, and the Western world, and it highlights the advantages of health, hydration, and brightness. As a consequence of the Korean tradition of employing natural, distinctive, and harsh-free ingredients, which have been passed down for generations, Korean beauty products have gentler formulations. Only natural substances explicitly labeled on the packaging are utilized in producing these things. K-beauty lays a powerful emphasis on skincare while ensuring that its products are trendy and inexpensive. The cosmetics industry in Korea is continually expanding to accommodate latest developments, especially in...

0 Comments

28 Jul

L’Oréal CEO Discusses Beauty Market Dynamism – WWD

by Beautifaire101

Beauty, Featured

L’Oréal CEO Discusses Beauty Market Dynamism – WWD

PARIS — The sweetness market is predicted to proceed full steam ahead after a powerful first half of 2023, when it registered double-digit growth, despite inflationary pressures. That was the outlook shared by Nicolas Hieronimus, L’Oréal chief executive officer, while addressing financial analysts and journalists Friday morning, a day after the corporate released its second-quarter and half-year results. Through the discussion, he drilled down on developments in China — where there’s been a slowdown in Hainan Island’s duty-free trade, offline and online evolutions, in addition to financial milestones hit by the group. As previously reported, within the six months ended June 30 company net profits grew 4.3 percent to three.36 billion euros on sales of 20.57 billion euros, up 12 percent in reported...

0 Comments

20 Jul

Oddity Shares Surge 35 Percent in Its Stock Market

by Beautifaire101

Beauty, Featured

Oddity Shares Surge 35 Percent in Its Stock Market

In an indication that the IPO market might be warming up, Oddity, the parent company of Il Makiage and SpoiledChild, has gone public, with investors diving into the stock. Shares in the corporate, which is trading on the Nasdaq Global Market under the ticker “ODD,” closed up 35 percent, or $12.53, to $47.54, valuing the corporate at about $2.7 billion. On Tuesday Oddity revealed that it had priced its IPO at $35 a share, above expectations. Originally it had targeted ranges of $27 to $30 and on Monday said it was targeting $32 to $35. In an interview, the corporate’s global chief financial officer Lindsay Drucker Mann put its success right down to its digital prowess. “We’ve unlocked online,” she said. “You have got...

0 Comments