article thumbnail

Fleeting beauty: Inside the downward spiral of BWX

Inside Retail

To say health and beauty conglomerate BWX has had a difficult few years could be an understatement. After purchasing hundreds of millions of dollars’ worth of successful beauty brands and platforms, the business, which was valued at $860 million five years ago, is now worth about $36 million. It’s a long story.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Superdrug reveals Christmas gifting predictions for beauty

Retail Gazette

The health and beauty retailer said it has seen unit sales of Christmas gift sets increase in recent weeks, as shoppers start their shopping, adding that premium fragrance products are seeing “particularly strong growth” as customers seek quality products at great value.

article thumbnail

Opinion: Say hello to the new face of beauty retail

Inside Retail

Many beauty retailers are reliant on physical experiences, but as we remain in lockdown, savvy brands are reimagining how to deliver new engaging experiences virtually by leveraging new technologies. billion in 2020 (Mordor Intelligence, 2021), Australians are major consumers of health and beauty products worldwide.

article thumbnail

How Olive Young dominates K-beauty by boosting small brands

Inside Retail

In the past decade, Korean cosmetic companies have become formidable players in the beauty industry. Famed for the latest in product development and cutting-edge formulations that can rival the West, K-beauty products are now renowned worldwide. Here’s why Olive Young is the one to watch for the beauty industry.

article thumbnail

Why Aussie beauty brand Cinch Skin changed its approach to retail partnerships

Inside Retail

The 100 per cent all-natural, vegan and cruelty-free beauty brand caters to the growing demand for ‘clean’ beauty products amidst a broader shift of consumers shopping more sustainably. Today, the brand is also stocked in Oz Hair and Beauty and A-Beauty, a niche platform showcasing only Australian beauty brands.

Marketing 130
article thumbnail

Superdrug Launches New Store in West Bromwich, Creating 35 Jobs

365 Retail

Superdrug is set to expand its retail footprint with the opening of a new store in West Bromwich’s New Square Shopping Centre on Monday, 12th February. The store’s inventory includes Superdrug’s exclusive own-brand cosmetics line, Studio London, alongside best-selling ranges such as B.