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29 Nov

Pambianco Study: Antonio Marras Owner Calzedonia Group Ranks First

Pambianco Study: Antonio Marras Owner Calzedonia Group Ranks First
MILAN — Calzedonia Group once more took the highest spot as the corporate with the best potential to go public, in keeping with the 2023 “Le Quotabili” study by Milan-based consultancy Pambianco Strategie di Impresa. Giorgio Armani‘s namesake group ranked second, followed by Golden Goose, inverting the 2 firms’ positions from last 12 months’s study. Autry, Stefano Ricci and Max Mara ranked fourth, fifth and sixth, respectively. The Pambianco rating analyzes the businesses which have the economic, financial and positioning characteristics to be publicly listed in a time span of three to 5 years, no matter whether a list is within the plans of the firm. Two firms which have actually expressed an interest in an IPO, Liu-Jo and OTB, were ranked ninth...
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9 Oct

Beauty Strategies Pivot in Department Stores, In accordance with

Beauty Strategies Pivot in Department Stores, In accordance with
PARIS — There’s a latest normal for malls in the case of beauty selling. In accordance with the International Association of Department shops, or IADS, the retailers’ cosmetics and sweetness business grew on average 1 percent between 2021 and 2022, to practically reach their pre-pandemic level. Nonetheless, the category’s fundamentals have shifted dramatically. Through the peak of the health crisis, big brands shifted to direct-to-consumer, while in tandem, people’s expectations and tastes modified, shaking up the market. Big beauty names became challenged like never before by upstarts and area of interest brands, which sometimes streaked past them. Consequently, malls adjusted their strategy and invested in area of interest fragrances...
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1 Apr

Recent Study Shows Millennials Will Lead Global E-Commerce Spending

Recent Study Shows Millennials Will Lead Global E-Commerce Spending
In accordance with a recent study conducted by ESW, a direct-to-consumer e-commerce company, Millennials will take over because the lead global spenders this 12 months. The survey sampled 16,000 international consumers in 16 countries and located that 73 percent of Millennial shoppers plan to spend the identical or more online in 2023. The retail categories Millennials will likely be spending their money on include health and wonder, luxury, apparel and footwear and consumer electronics. In comparison with Gen Z, nearly 50 percent of Millennials say they may increase their online looking for health and wonder products. ESW’s study moreover highlights “convenience shoppers” and “power shoppers.” The e-commerce company identifies “convenience shoppers” as shoppers willing to pay full price. “Power shoppers” are defined...
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1 Jan

Consumer Fatigue Is Hitting the Beauty Industry, Launchmetrics Study

Consumer Fatigue Is Hitting the Beauty Industry, Launchmetrics Study
PARIS ­— Is consumer fatigue beginning to hit the beauty industry? A latest study by data research and insights company Launchmetrics suggests the reply is “yes” in its latest study, entitled “S1 ’22: Business of Beauty — Top 700 Performers.” That takes under consideration 741 beauty brands, a complete of $12.5 billion in media impact value, or MIV, and three.1 million placements. “While beauty is considered a reasonable luxury in a time of economic uncertainty, there was an increasing concern over consumer fatigue within the sector,” Launchmetrics wrote within the study. “Overall consumer engagement across social media has decreased year-over-year.” Launchmetrics said that while Instagram and YouTube proceed to be the juggernauts in driving reach, they've registered a decline of MIV on-year. Conversely, TikTok...
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