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14 Nov

Makeup and Skin Care Sales Proceed to Soar in

by Beautifaire101
Beauty, Featured
Makeup and Skin Care Sales Proceed to Soar in
Beauty industry sales remain buoyant, however the drivers of its growth are evolving. In line with Circana, prestige beauty dollar sales grew 14 percent this yr through September; and mass market dollar sales grew 8 percent through the same period. Unit sales continued to rise across all prestige categories, while mass unit sales were down 2 percent and three percent in hair care and fragrance, respectively, though average price increases propped up revenue growth within the categories. Cosmetics and skincare, nonetheless, “are healthy categories in each mass and prestige,” said Larissa Jensen, senior vice chairman, global beauty industry adviser at Circana. Makeup maintained its position because the fastest-growing category inside prestige by revenue growth, posting $7.1 billion in sales year-to-date, up...
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31 May

Sofia Richie Grainge’s Wedding Caused Nudestix Sales To Soar

by Beautifaire101
Beauty, Featured
Sofia Richie Grainge’s Wedding Caused Nudestix Sales To Soar
Nudestix beauty director and influencer Sofia Richie Grainge’s late-April wedding to music executive Elliot Grainge captivated audiences around the globe, evoking widespread discourse about every little thing from the star-studded guest list to the bride’s bespoke Chanel attire and, particularly, her minimalist makeup looks. The weekend-long tour was well-documented by Richie Grainge, who uploaded a variety of “Get Ready With Me” videos to TikTok through which she routinely employed Nudestix products. Industry sources estimate she drove a 1,155 percent surge in direct-to-consumer Nudestix sales in the course of the week of April 20 through April 27 in consequence, though the brand declined to comment on the figure. Sources also tracked a 2,849 percent increase in sales specifically across the Nudies...
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1 Apr

Fashion Sales Soar at John Lewis Despite the Company’s Losses

by Beauty Tips
Fashion, Featured
Fashion Sales Soar at John Lewis Despite the Company’s Losses
LONDON — British retail giant John Lewis and supermarket Waitrose, owned by the John Lewis Partnership, is undergoing internal changes in line with speculations from British tabloid newspapers after a shaky 12 months. The corporate has warned of potential job cuts and has scrapped its staff bonus after a 230-million-pound loss consequently of inflation and energy bills within the U.K.  The 2022-23 fiscal 12 months results showed that John Lewis and Waitrose group sales were 12.25 billion kilos, a 2 percent dip from the previous 12 months. As an entire, the group reported a 78-million-pound loss. John Lewis sales rose by 16 million kilos on a like-for-like basis with last 12 months, but its overall sales only rose by 0.2 percent in total. Dame...
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