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21 Jul

Inflation Expected to Curb Beauty-related Spending in France in

by Beautifaire101
Beauty, Featured
PARIS — Inflationary impacts and shifts in preferred retail channels are expected to proceed impacting the sweetness business in France this yr, in line with a study carried out by NielsenIQ. Notably, it found that 45 percent of French consumers queried said they plan to spend less money on beauty products in 2023. And 41 percent shared they might purchase cheaper beauty products to cut back their category-related expenses. In France on-year, the buyer price index rose 4.5 percent in June and 5.1 percent in May, in line with INSEE, the country’s national statistics office. For a lot of consecutive months prior to that, the monthly increase hovered at around 6 percent. “The inflationary period we're going through has radically modified the behavior...
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20 Jul

Travelers Are Spending More To Prepare For Trips Than

by Beauty Tips
Makeup, Featured
Vacations are relegated for rest, however the prep journey to get there's costing travelers a fairly penny. In accordance with a recent Bloomberg report, TikTok and Instagram users are transparently showcasing their litany of costly beauty appointments they tackle before vacation, including hair, nail and other beauty appointments, particularly Black women. “Some people say it’s quite a bit, but most of the women that comment go, ‘Oh, actually I spend greater than this,” Monique Smith, a Toronto-based TikToker told the outlet. “It’s good to be transparent with what you’re actually spending. It also shows you ways much things are starting to choose up.” A 12 months ago, lashes at her regular salon would cost C$100, while today they’re C$150, she...
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31 May

Spending on Luxury Goods Decelerating

by Beauty Tips
Fashion, Featured
Luxury consumers are looking to avoid wasting more, travel more and spend less on luxury goods. That’s in keeping with the most recent Saks Luxury Pulse, revealed Wednesday. It points to “a deceleration in spending on luxury goods as consumers focus more on savings and travel.” Saks’ Luxury Pulse is a quarterly online survey of luxury consumers’ attitudes toward shopping, spending and fashion trends. It relies on responses from 3,744 U.S.-based respondents over age 18 and was most recently fielded between April 28 and May 1. Amongst the important thing findings: 53 percent of the respondents are planning to spend the identical or more on luxury in the subsequent three months in comparison with the previous three months, which implies 47 percent...
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22 May

A Recent Technique to Bet on the Spending Power

by Beautifaire101
Beauty, Featured
Luxury has all the time been a rarefied world that few can access.  And because it was in the shop, so it was on Wall Street, where the Average Joe or Jolene investors couldn't easily bet on the large European stalwarts like LVMH Moët Hennessy Louis Vuitton or Hermès International, which trade in Paris. But Tema Global is changing that with a latest exchange traded fund — the Tema Luxury ETF — that makes it easier to take a position within the spending power of the ultra wealthy. While the fund is a democratizing force in luxury investing, the team behind it takes more of a purist view of the sector, specializing in the truly premium players and bypassing the cheaper brands, like...
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