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Aesop will return to David Jones next month as part of the department store chain’s strategy to boost its luxury beauty offerings. The brand will later launch at Chadstone Shopping Centre and Bourke Street Mall as part of the stores’ $15 million beauty hall redevelopment.
Inside Retail connected with Hurtado to learn more about how Hello Updo fills a white space in the haircare market, how her brand honored Hispanic Heritage Month and her dream of creating a world where every hair type has its rightful place in beauty. This thought followed me as I returned home that summer.
Last weekend, centre:mk hosted the UK’s largest fashion and beauty indoor event, welcoming over 113,000 visitors across the two-day period. Located at Middleton Hall, centre:mk’s Fashion Weekend featured 80 brands across 40 of the destination’s retailers, enabling visitors to see the latest trends across fashion, health, and beauty.
The luxury beauty and fragrance brand expects the restructuring to yield annual gross benefits of between $800 million and $1 billion before taxes. The post Estee Lauder may slash up to 7000 jobs to return to profitability appeared first on Inside Retail Australia.
Although public health officials say it’s unlikely COVID-19 infections can be spread by surfaces or physical objects, retailers are being cautious about how they handle returned merchandise. They are instituting disinfection processes and quarantine periods that keep those items from returning to stock for a varying number of days.
Grove Collaborative has introduced Grove Wellness, a product hub featuring a personalization engine designed to sharpen recommendations around consumers’ evolving health and wellness needs. Grove sells more than 200 products across 40 brands in this category, including multivitamins, women’s health, digestion, immunity, sleep and beauty.
Thousands of beauty-lovers descended on New York City recently to enjoy the return of Sephoria, a consumer beauty event that Sephora first launched in 2018. This year marked the return of the in-person festival, held at Skylight at Essex Crossing in Lower Manhattan, alongside the virtual version.
Adore Beauty enjoyed improved earnings in the last fiscal year, thanks to the record number of returning customers, accounting for 79 per cent of product sales. The online beauty retailer’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 661 per cent to $4.8 million while revenue grew 7.4
. “As CEO, Tamalin has done an excellent job delivering Adore Beauty’s financial and operational successes and developing the strategic plan. Tamalin steps down as CEO with the business in a strong position,” said Marina Go, chair of Adore Beauty’s board. ” The beauty brand will begin the search for a new CEO.
Adore Beauty Group enjoyed higher revenue in the fiscal first half on the back of a record number of returning customers and more active customers. Returning customers rose 5 per cent to 507,000, who accounted for 81 per cent of sales. The cosmetics retailer’s revenue increased 7 per cent to $100.7 per cent to 804,000.
Adore Beauty has enjoyed a record maiden result, with revenue and active customers hitting peak levels throughout the business’ first year on the ASX, bringing the company into a positive position. The post Adore Beauty rights ship in FY21 with revenue, customer and profit growth appeared first on Inside Retail.
Adore Beauty CEO Sacha Laing has revealed the company’s first bricks-and-mortar stores will open just after Christmas and will represent “the absolute best of the best”. Adore Beauty has operated as an online-only retailer since its founding in 1999, so its move into bricks-and-mortar represents a major change for the business.
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.
In-depth conversations with Hollywood actress Gwyneth Paltrow and Australian of the Year Grace Tame and new fertility and naturopathy services are all part of a new month-long wellness event from beauty giant, Mecca. Beauty retail in the time of coronavirus. “Our Mecca customers care deeply about wellness.
Pureplay online beauty retailer Adore Beauty says returning customers have largely contributed to the business’ growth in the first quarter, although sales don’t reflect the same. The post Adore Beauty sales tumble, New Zealand expansion continues appeared first on Inside Retail.
Set to open this summer, Space NKs regional flagship spans 4,356 of trading space, and will feature a dedicated consultation area for make-up and skincare, with play tables for customers to sit independently or with a member of the team to explore the stores selection of hundreds of beauty brands.
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
With that in mind, one habit to consider paying extra attention to is your beauty routine. A recent report states that brand transparency regarding environmental sustainability remains a top priority for cosmetics and personal beauty care consumers. Packaging Takes Center Stage So what does sustainable beauty really mean?
Adore Beauty witnessed higher revenue in the last fiscal year as the number of returning customers increased. The company saw a record number of returning customers – 519,000, up by 5.8 Adore Beauty expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin of 2.2 per cent year on year.
Pureplay online retailer Adore Beauty has reported positive sales momentum in the first half of the financial year. Returning customers delivered 71 per cent of the revenue ordering at least three times per year. The post Adore Beauty records good growth, plans to launch skincare line appeared first on Inside Retail.
2025 will be an exciting year for us as we continue to enhance our in-store experience and invest in our Only At Superdrug product innovations and exclusives, to give customers reasons to keep returning to Superdrug. Superdrug hailed its best Christmas ever as like-for-like sales jumped 5.1%
Style Story founder Lauren Lee discovered her love of Korean beauty products as an exchange student in 2011, which inspired her to launch her own e-commerce business back home in Brisbane, Australia. “On I knew that they would love the ingredients, formulas, approach and purpose of K-Beauty as well.”.
Revolution Beauty is back in the black despite disappointing online sales and weaker US performance. The online beauty retailer grew its pre-tax profit to £11.4m last year, marking its return to profitability. in the year ended February 29, 2024, up from a pre-tax loss of almost £34m in the previous year.
Additionally, Wesfarmers’ buy-up of health business Australian Pharmaceutical Industries (API) is almost complete, subject only to an investor vote, and Scott outlined the potential benefits this acquisition will have for the business. There are some areas that are logical adjacencies to API.
Zoë Foster Blake along with her co-founders have taken full control of Go-To Skincare after acquiring collapsed beauty company BWX’s stake in the business. Blake is now the majority shareholder of Go-To Skincare after the share buyback from BWX, which acquired a 50.1 per cent stake in the skincare brand for $89 million in August 2021.
Following a March 2022 announcement that it planned to expand beyond its roots in electronics, Best Buy is entering new categories including health and wellness, outdoor living and transportation. Best Buy decided to enter the transportation space in 2021 as commuters began returning to offices.
Harrods’ beauty concept H beauty is going on tour over the spring, with circus themed pop-ups across towns including London, Edinburgh, Chester and Glasgow. Inside the tent, shoppers will be able to find a beauty wonderland filled with shopping opportunities, surprises and treats.
American fashion designer Marc Jacobs first launched his eponymous beauty brand in 2013, making more than 120 products available for purchase in select Marc Jacobs stores and at Sephora. ” Now, the brand has announced that it is officially being revived through a partnership with French-American multinational beauty company Coty.
Just as people jump on fad diets for quick weight loss rather than committing to sustainable health changes, retailers chase short-term CX solutions without fully assessing their long-term impact. Example: A beauty brand upgraded its online chat support to improve response times, but customer complaints about the returns process persisted.
Irene Falcone, the founder of non-alcoholic drinks venture Sans Drinks and online beauty marketplace Nourished Life, is launching a new business. Falcone sold the business to struggling beauty distributor BWX in 2017. When it comes to ingredients in beauty products, there are thousands, with very confusing names.
In a statement to the market, Woolworths said it was unable to validate the financial returns it would require from the acquisition after completing its due diligence process, and that it was therefore revoking its non-binding offer.
Croft is the current COO of Mecca Brands where she helped transform the retailers’ business operations for health and beauty. Coles CEO Leah Weckert said she is delighted that Croft is returning to Coles with significant leadership experience in both local and international retail.
Following a strong FY21 , Adore Beauty has hit the grownd running with revenue growth of 25 per cent throughout the first quarter of FY22. million while the beauty and lifestyle marketplace’s active customers grew 24 per cent to approximately 874,000. Off the back of a continuing shift online, revenue hit $63.8
Just shy of a month since beauty conglomerate BWX fell into receivership, its e-commerce arms, Flora & Fauna and Nourished Life, have found a new home. Mathers explained that all three brands play within the same space of ethical and sustainable health and wellbeing, but each brings their own twist on the formula. Well, kind of.
From July 1, under new guidelines from the Therapeutic Goods Administration (TGA), social media influencers will no longer be paid to promote health and beauty products using their own personal experience. The post What does the TGA’s health influencer ‘ban’ mean for business? Short-term pain for long-term gain.
Online beauty retailer Adore Beauty has reported revenue of $47.5 The increase was supported by growth in active customers, successful loyalty and promotional activity, and a record 497,000 returning customers, the company said. million for the first quarter ended September 30, up 4.7 per cent year over year.
It’s no surprise that bigger beauty players, such as Mecca and Adore Beauty, are now targeting the sector as a potential growth category for them. Our holistic approach to beauty is very inclusive, and I think one of the trends we’re seeing in the space is to move away from a gendered view of beauty.
Global trend forecasting company WGSN recently released a report on the top fashion, beauty and consumer technology trends that are set to take off this year, including the rise of solar energy, modular sneakers and fantasy fitness to name a few. Another interesting trend is unsexy beauty.
Across Australia a new set of beauty destinations have silently started popping up, bringing premium products to customers in a place they likely didn’t expect. So for the last few years, we’ve basically built [Ultra Beauty] from the ground up, and we’re going after the premium beauty market.
Pureplay online cosmetics retailer Adore Beauty has reported softer sales during its December half as it navigates a volatile post-Covid retail environment. Returning customers contributed 78 per cent of all revenue and their ranks grew by 10 per cent during the half. For the six months to December 31, sales fell 17 per cent to $93.6
Adore Beauty’s co-founders and executive directors, Kate Morris and James Height, are to step down from their roles as CEO and CTO, respectively, however, both will remain non-executive directors and continue supporting the company’s growth alongside CEO Tamalin Morton. million, aided by a record Afterpay Day sales event.
South Korea’s beauty conglomerate Amorepacific announced at its recent Investor Day that it is shifting focus from China to the US and European markets while seeking new brand acquisitions. Meanwhile, PureSeoul, the viral K-Beauty sensation, has launched its first-ever store in Northern England at Manchester Arndale.
Very has unveiled its new beauty inspiration hub, consisting of a series of blog-style content to inspire customers and transform how they shop. The beauty inspiration hub has been launched as part of the brand’s new cloud-based system, Skyscape.
The Body Shop’s unsecured creditors include recycling company E-Cycle, charity Children on the Edge, mental health group MindOut, and organic certification organisation Ecocert. In December, it was reported that the group had returned to profitability three months after being saved from administration.
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