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Adore Beauty credits customer loyalty for strong sales growth

Inside Retail

Pureplay online cosmetics retailer Adore Beauty says returning customers contributed 70 per cent of sales coupled with a higher than average spend last year. Sales of its Viviology skincare brand – which launched in June this year – exceeded “internal expectations” while the fragrance and Korean beauty categories accounted for 4.1

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Wellness booms and so does the share price of pharmaceutical retailers

Inside Retail

Wellness has become a priority for people in the wake of the pandemic as evidenced by the surge in demand for health and well-being products, which is projected to reach $5.2 trillion in managed assets. billion by 2030. Chemist Warehouse recently opened its first Irish superstore earlier this month.

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How Hue’s Nicole Clay is making the beauty industry more inclusive

Inside Retail

However, even though Black women, and the BIPOC community more broadly, are the largest driver of sales across multiple beauty product categories, they are often the least represented in the multibillion-dollar industry. per cent of total beauty industry ventures.

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Revolution Beauty v Boohoo: the ugly battle over the beauty brand

Retail Gazette

Things are getting ugly at beauty brand Revolution Beauty as it finds itself entangled in a bitter battle with largest shareholder Boohoo. But how did the beauty business find itself at war? The past two weeks have seen tooing and froing between the two brands as Boohoo, which owns 26.6% Its shares plummeted to 16.6p

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Revolution Beauty bosses fired and rehired in chaotic AGM as Boohoo airs ‘serious concerns’

Retail Gazette

of Revolution Beauty, was among nearly 75% of investors who voted to oust the cosmetics retailer’s three most senior directors. Zissman tried to delay the meeting because Boohoo Group was attempting to take control of the board by appointing its own candidates to run Revolution Beauty. Boohoo, which owns about 26.6%

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Revolution Beauty reaches settlement with co-founder as CFO exits

Retail Gazette

Revolution Beauty chief financial officer Elizabeth Lake is stepping down from her role, as the group reaches a settlement with co-founder Tom Allsworth. The makeup retailer said it would pay Allsworth £490,000 “in respect of certain historical legal fees” he was met with after the business bought beauty supplier Medichem.

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How beauty brand Glossier went from social media darling to social outcast

Inside Retail

Beauty’s first unicorn, a digital pioneer, the first Millennial-focused brand…five years ago, these were all buzzwords associated with the beauty lifestyle brand Glossier. The brand began as a spinoff from founder Emily Weiss’s notable beauty blog ‘Into The Gloss’. More than 30 products later and with a valuation of US$1.8

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