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27 Oct

Unilever Sales Beat Expectations within the Third Quarter –

Unilever Sales
Unilever Sales Unilever Sales underlying sales growth picked up pace within the third quarter of 2022, spurred by price inflation with a limited impact to volume, causing the group to lift its guidance again for the complete 12 months. The maker of brands starting from Dove and Tatcha to Ben & Jerry’s and Magnum generated sales of 15.8 billion euros within the three months ended Sept. 30, up 10.6 percent on an organic basis and 17.8 percent in reported terms versus the identical prior-year period. The organic growth got here in 260 basis points ahead of monetary analysts’ consensus, in response to Bruno Monteyne, an analyst at Bernstein, in a note. Unilever’s price growth has improved for seven consecutive quarters, reaching 12.5 percent in...
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20 Oct

Hermès Sales Jump 24.3% in Q3 on Strength of

Hermès Sales Jump 24.3% in Q3 on Strength of
PARIS — There have been no hurdles for Hermès International because it continued its winning sales streak within the third quarter. Revenues were up 3.1 billion euros, boosted by Asia and the U.S., with currency fluctuations working in its favor. Sales were up 24.3 percent within the third quarter. That handily beat analyst predictions, with a consensus estimate of 15.3 percent growth at constant exchange, and forecast sales within the 2.9 billion euro ballpark. “The strong performance within the third quarter reflects the desirability of our collections all all over the world and the relevance of our values. We move forward with confidence and caution while continuing to bolster our integrated model, rooted in France and committed to job creation,” said chief...
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30 Sep

Clean Beauty Brands With Highest-growing Online Sales – WWD

Clean Beauty Brands With Highest-growing Online Sales – WWD
While total online beauty sales are down as consumers return to brick-and-mortar shopping, many brands have still managed to see recent growth in online sales volumes. Notably, Olaplex is just not only the most important clean beauty brand in total online beauty sales, but additionally the top-growing, posting 39 percent year-over-year growth in online sales within the 12 months ending July 2022, versus the 12 months prior.  Trailing behind Olaplex are Not Your Mother’s Hair Care and Supergoop, which saw respective increases of 23 percent and 21 percent throughout the same period. The highest decliners in online sales were Fresh, BareMinerals and Drunk Elephant, which saw decreases of 40 percent, 31 percent and 18 percent, respectively.  In its evaluation, 1010data defined “clean” beauty...
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22 Sep

Coty’s Plans to Double Skin Care Sales Includes Kylie

Coty’s Plans to Double Skin Care Sales Includes Kylie
With the assistance of Kim Kardashian and Kylie Jenner, Coty Inc. has big plans for its skincare category, which hasn’t at all times been a priority for the wonder giant, in response to chief executive officer Sue Nabi. “Prior leadership teams weren't accustomed to skincare,” Nabi told investors at an event Wednesday at Coty’s Monaco skincare R&D and manufacturing facility. “They didn't have the appropriate tools to evaluate the strength of Coty’s IP in skincare, nor did they've the playbook to win on this very competitive category.” But now, Nabi, a former skincare executive at ultra luxe Orveda, which she cofounded, believes the appropriate team is in place to deal with growing the category. Nabi is so confident in actual fact, that...
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