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9 Nov

Ralph Lauren Beats Sales and Profit Estimates in Q2

Ralph Lauren Beats Sales and Profit Estimates in Q2
Updated Nov. 8 3:45 p.m. Ralph Lauren Corp. continued to play its game well within the fiscal second quarter — despite weakness within the North American wholesale business and a tougher economy.  The corporate has been on a campaign to raise its brand and kept at it this quarter, boosting average unit retail prices at its own stores and on its website by 10 percent, on top of an 18 percent increase a yr earlier. Overall, the brand has pushed its prices up a complete of greater than 70 percent over the past six years.  That march higher has been driven by quite a lot of components — from the form of products sold to the costs charged to where they’re sold.  Along the way...
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23 Oct

18 Amazon Holiday Beauty Haul 2023 Sales You Don’t

18 Amazon Holiday Beauty Haul 2023 Sales You Don’t
For those who thought the entire good fall beauty deals are over, we're pleased to inform you that the Amazon Holiday Beauty Haul is back to serve up one other round of jaw-dropping beauty savings. The mega e-retailer has been throwing a couple of surprise savings events this 12 months, and as if a second Prime Day wasn't enough, you will have from October 23 through November 5 to buy hundreds of beauty-centric deals, steals, and discounts — consider it a 3rd likelihood to grab all of the deals you missed through the last savings event.Our Top PicksBest Overall: Foreo Bear 2, $399 $319Best Skin-Care Deal: Tatcha Skin Essentials Set, $66 $56Best Hair-Care Deal: IGK Smoothing Frizz Fighters Kit,...
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21 Oct

Cosmetics Make Up 46 Percent of TikTok Shop U.K.

Cosmetics Make Up 46 Percent of TikTok Shop U.K.
Following its official September rollout within the U.S., TikTok Shop ranked because the Twentieth-largest e-commerce health and sweetness retailer throughout the month within the country, in line with NIQ. The shopping integration launched within the U.K. two years ago, where “many of the top-selling brands have been smaller, indie brands which are benefiting from the full-service marketing and sales service TikTok Shop offers them,” said NIQ’s vice chairman of beauty, Anna Mayo, adding that the same phenomenon is starting to take effect within the U.S., with many of the platform’s early top-selling brands also being indies.   Personal care products comprised 61.3 percent of consumer goods sales made via TikTok Shop U.K. throughout the last 12 months, with makeup being the...
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19 Oct

L’Oréal Sales Increase 4.5 Percent in Third-quarter 2023 –

L’Oréal Sales Increase 4.5 Percent in Third-quarter 2023 –
Updated Oct. 19 4:10 p.m. PARIS – L’Oréal’s third-quarter sales grew 4.5 percent in reported terms, dampened by travel retail Asia, but bolstered by business within the group’s Dermatological Beauty and Consumer Products divisions. Total sales for the maker of Lancôme, Kiehl’s and CeraVe products within the three months ended Sept. 30 got here to 10 billion euros, up 11.1 percent on a like-for-like basis, consistent with analysts’ consensus. “Being in line just isn't something we often write about L’Oréal,” wrote Bruno Monteyne, a Bernstein analyst in a note Thursday evening, after the Paris bourse closed and L’Oréal published its results. Monteyne highlighted how L’Oréal’s travel retail business dragged the group’s sales in North Asia down sequentially from plus 5.9 percent within the second...
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