Sales – Page 8 – Beautifaire

29 Jul

Hermès Again Outpaces Luxury Pack With Q2 Sales Leaping

PARIS — Loyalty, quiet luxury and a multilocal mix helped Hermès International gallop ahead of the pack with a sales jump of 28 percent at constant currency against the backdrop of a U.S. slowdown for luxury within the second quarter, further underlining the French brand’s resilience despite economic softening and geopolitical worries. “During tough financial times there’s a flight to quality, and possibly we reap some advantages from that,” said Hermès executive chair Axel Dumas following the discharge of the outcomes. He emphasized the home focuses on its artisans and the concept of French construction. No blingy fashion shows or celebrity campaigns here. This quiet approach to luxury boosts the perception of the brand, which it may possibly lean on in...

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28 Jul

How Lipstick Sales Are Faring within the U.S., in

by Beautifaire101

Beauty, Featured

How Lipstick Sales Are Faring within the U.S., in

From the return of lip gloss to the growing movement toward skincare infused lip offerings, lip makeup is within the midst of an evolution. In honor of National Lipstick Day, a fast glimpse into how lipstick is faring amidst all of it. Data from Circana shows lip makeup was the fastest-growing segment within the U.S. makeup market in the course of the first half of 2023, growing 35 percent in prestige and 21 percent in mass. Lipstick sales specifically grew 14 percent in the course of the period. Ulta Beauty reports the lip category is “one where we see the most important growth,” namely driven by a consumer shift toward multitasking formulas, oils and glosses. Nonetheless, vp of merchandising Kaitlin Rinehart noted...

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25 Jul

Inflation Boosts Sales Growth at Unilever in H1

by Beautifaire101

Beauty, Featured

Inflation Boosts Sales Growth at Unilever in H1

LONDON – Ongoing inflation boosted first-half sales growth at Unilever, where turnover rose 2.7 percent year-on-year to 30.4 billion euros. The parent of brands including Dove, Dermalogica and Hellmann’s said that underlying sales for the six-month period were up 9.1 percent, due chiefly to cost growth which is about to fall within the second half of the yr as cost inflation comes down. Sales in Unilever’s Beauty and Wellbeing division rose 8.6 percent to six.2 billion euros within the six months to June 30, while Personal Care sales were up 7.3 percent to six.9 billion euros compared with the corresponding period last yr. Unilever’s net profit for the half yr rose 20.7 percent to three.9 billion euros, bolstered partly by disposals. Analysts said the...

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29 Jun

H&M Q2 Sales “Flattish” as Supply Chain and Shipping

by Beauty Tips

Fashion, Featured

H&M Q2 Sales “Flattish” as Supply Chain and Shipping

PARIS – As supply chain and inflation costs hit, Swedish high street retailer H&M posted barely weaker than expected sales within the three months to May 31, citing “flattish” net sales in local currencies. Net sales looked slightly stronger in Swedish kronor, showing a 6 percent increase to 57.6 billion, or $5.36 billion at current exchange. The Swedish currency fell to its weakest level ever against the dollar and the euro in the course of the quarter. With the U.S. dollar up around 2 percent within the period, the corporate cited the currency’s unexpected bounce back, in addition to costs of supplies and shipping, as aspects denting its recovery, despite having a success collection with the Mugler collaboration that was released May...

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