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Revolution Beauty sales fall as turnaround plan takes effect

Retail Gazette

Revolution Beauty has posted a drop in sales and half-year profits amid what it labelled a “transformational” year for the business. Total net sales plunged 20% to £72m, which it attributed to “the planned simplification of the product portfolio and the associated discontinuation of unproductive SKUs”.

Planning 104
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Keeping up appearances in Thailand’s booming beauty market

Inside Retail

So it follows that, along with all the face re-arrangements and botoxing (which, by the way, is also turning Thailand into a medical tourism hub) is a post-Covid boom in the retail beauty product sector. Influencers Influencers are a key driver of sales in the beauty market. Skincare products accounted for US$2.6

Marketing 130
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Is Jim’s Beauty set to flop like Harley-Davidson perfume – or could it be branding genius?

Inside Retail

It’s Jim’s Beauty , offering “professional beauty treatments in the comfort of your chosen space”. These services are usually offered in the client’s home, and are provided by franchisees, as will the beauty services – which will include facial, lash and brow and nail treatments, as well as waxing and teeth whitening.

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Revolution Beauty raises profit guidance as revival plan bears fruit

Retail Gazette

Revolution Beauty anticipates profits will come in slightly above market guidance as it makes progress under its revival plan. The beauty group said it expects to report an adjusted EBITDA of “at least” £12.5m It also plans to cut costs by £10m over the next three years.

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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 Priceline is another Australian pharmacy that has increased its foothold in the beauty and wellness space under the ownership of retail conglomerate Wesfarmers.

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Walgreens, CVS plan to start offering abortion pills

Inside Retail

Walgreens Boot Alliance and CVS Health Corp said on Wednesday they plan to seek certification to dispense abortion pills following the US Food and Drug Administration (FDA) decision to allow retail pharmacies to offer the drug in the United States for the first time.

Planning 130
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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. The trio ended up raising approximately $2.1