Beauty’s mass market might be in a state of flux, but Target Corp. is only heading upward. Per the company’s last earnings call, beauty helped drive a 2.7 percent growth in the second quarter, alongside fashion, with net sales totaling $25.5 billion and beating Wall Street expectations. Within that, beauty rose 9 percent on a comparable basis, on top of double-digit growth a year ago. The secret sauce is the right brand mix, a bevvy of price points, an integrated digital strategy and a willingness to jump on trends early, said Rick Gomez, Target’s executive vice president and chief commercial officer, in a wide-ranging interview with WWD. Read more here : https://lnkd.in/eDmDPFTD
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Win SEPHORA USA Haircare in 2025: Deep Dive Report for 2024 Insights on Innovation, point of sales & storytelling Who is it for? -Beauty brand founders, Investors, CMOs, Marketing Directors & VPs, Brand Managers, Category Managers, Shopper Marketers Uncover Sephora USA Haircare Secrets -how haircare is organised & divided into sub-categories with gaps -product formulations of top products -mean and median pricing of category and top 10-20 products -top 10-20 ranks for brand-products within each category and concern -opportunities and gaps for growth & new product development The report offers observations, insights and custom recommendations to -Top Sephora Brands -Sephora Growth Brands -Pitch Sephora Aspirant Brands(want to place-sell to retailer) The report covers in 150+ slides -ALL USA haircare brands & *2300+ products in all haircare categories -ALL Sephora Clean brands & <600 products in all haircare categories -Top 20 Brands-Products in each category & 300+ bestsellers & ingredients for Overall USA-Sephora Haircare & Sephora Clean Haircare -Deep dive into haircare categories: Care, Styling Products, Treatments, Care Tools, Styling Tools, & further deep dive into concerns like Dry, Damaged, Color, Curl, Scalp, Finish, Thin Hair, etc. The report analyses and makes custom recommendations by Overall Haircare & Sephora Clean Haircare. Preview the doc below & For the full free preview: link in the 1st comment #haircare #beauty #entrepreneurship #innovation #beautytrends
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### Last Chance for Valuable Beauty Discounts: Why Timing Matters As Amazon's Holiday Beauty Haul winds down, the opportunity to access significant savings on essential beauty products diminishes, underscoring the importance of strategic purchasing. The end of such sales presents a critical juncture for consumers, especially when top-tier items, like the Dyson Corrale Hair Straightener, are priced at $400, reduced from $500. Factually, beauty sales during peak seasons are optimal for acquiring high-quality skincare, haircare, and makeup products at reduced prices, ensuring consumers can maintain their beauty regimen without compromising on quality or cost. This event is particularly relevant to industry professionals and consumers alike, offering insights into market trends and consumer behavior as it highlights leading brands such as Clinique, Olay, and Dove achieving competitive markdowns. Considering market volatility, is strategic purchasing in peak sales windows becoming essential for both consumers and retailers in balancing budget and quality? How will seasonal discounts impact brand loyalty and consumer spending habits in the beauty industry?
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In 2023, global #beauty market #retail sales grew to $446 billion, up 10% from 2022. By 2028, we expect the beauty sector to reach $590 billion, with an annual growth rate of 6%. But these headline growth figures only tell part of the story. While beauty managed to post double-digit growth last year, much of that was attributable to price increases rather than volume gains. Check out our latest analysis, which dives into where and how we expect the global beauty market to grow: https://lnkd.in/eXRm5kSS #McKinsey
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Where to play and how to win? The #beauty market continues to be a very attractive industry with strong growth rates also predicted for the future. But it’s also a very competitive and challenging environment for brands where you have to make the right choices.
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(Chinese TiK ToK ) Douyin’s beauty sales soar to $1.43B in April 1. Douyin's beauty sales exceeded $1.43 billion, a 41.5% year-on-year increase. 2. Skincare products held 70% of the market share, growing nearly 47%. 3. Makeup and perfume sales surpassed $357.5 million, up 52% year-on-year. P.s.Why do you think customers increasingly prefer to buy products in live-streaming sessions? - Looking to get insight about China Fashion, Luxury, and Retail? Follow me, Xiren
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𝑻𝒓𝒂𝒏𝒔𝒇𝒐𝒓𝒎𝒊𝒏𝒈 𝑻𝒓𝒆𝒔𝒔𝒆𝒔: 𝑻𝒉𝒆 𝑻𝒉𝒓𝒊𝒗𝒊𝒏𝒈 #𝑯𝒂𝒊𝒓 #𝑪𝒐𝒍𝒐𝒓 #𝑴𝒂𝒓𝒌𝒆𝒕! 𝑮𝒆𝒕 𝒂 𝑭𝒓𝒆𝒆 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕: https://lnkd.in/dU-mCb5T With a market size of $26.79 billion in 2023 and a projected growth to $45.33 billion by 2030, at a robust CAGR of 7.8%, this market is booming like never before! 𝗪𝗵𝗮𝘁'𝘀 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗧𝗵𝗶𝘀 𝗧𝗿𝗲𝗻𝗱? From hiding those grays to embracing the latest fashion trends, hair color is more than just a cosmetic choice—it's a statement. Whether it’s a classic dye job or the trendy ombre look, consumers are experimenting with different colors, styles, and applications like never before. 𝗞𝗲𝘆 𝗳𝗮𝗰𝘁𝗼𝗿𝘀 𝗽𝗿𝗼𝗽𝗲𝗹𝗹𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: Rising demand among both the young and the old—be it for style or for concealing grays. Surge in salon services and spa facilities offering personalized hair coloring treatments. A growing emphasis on beauty, health, and wellness, supported by higher disposable incomes and urbanization. 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: North America is leading the way, with a 75% market share in the U.S. alone! Europe holds a solid second place, driven by dynamic multichannel marketing. Asia-Pacific is on a rapid growth trajectory, fueled by lifestyle changes and rising incomes in countries like China, India, and Japan. As more people seek to express their individuality through color, the hair color market will continue to grow and evolve, capturing the imaginations (and hair) of consumers around the globe!
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The Walmart Birkin or “Wirkin” has set off a discussion about status, luxury fashion and brand gatekeeping. Compared to four- and five-figure designer bags, beauty products are often referred to as accessible luxuries. Still, many remain too expensive for the masses. That’s where dupe brands like MCoBeauty have come in, offering replicates of covetable prestige products (Charlotte Tilbury’s Hollywood Flawless Filter and Dior’s Addict Lip Oil Glow, for example) for a fraction of the price. On social media, product hunters have become adept at sniffing out the best dupes, and the dupe brands have taken off. MCoBeauty is the No. 1 mass-market makeup brand in Australia, and now it’s entered stores in the United States. Target has rolled it out to 1,200 Target locations with 100 products under $15. The launch follows its arrival at Kroger, where it has quickly become one of the top three cosmetics brands. The retailers' embrace of dupes is controversial in the beauty industry, where many detest dupe brands riding on the creativity of others, but data has shown dupes have grown the market. Read more: https://bit.ly/4ahlVeE #hereforthefierce #beautyentrepreneur #wellnessentrepreneur #beautybusiness #beautynews
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The Walmart Birkin or “Wirkin” has set off a discussion about status, luxury fashion and brand gatekeeping. Compared to four- and five-figure designer bags, beauty products are often referred to as accessible luxuries. Still, many remain too expensive for the masses. That’s where dupe brands like MCoBeauty have come in, offering replicates of covetable prestige products (Charlotte Tilbury’s Hollywood Flawless Filter and Dior’s Addict Lip Oil Glow, for example) for a fraction of the price. On social media, product hunters have become adept at sniffing out the best dupes, and the dupe brands have taken off. MCoBeauty is the No. 1 mass-market makeup brand in Australia, and now it’s entered stores in the United States. Target has rolled it out to 1,200 Target locations with 100 products under $15. The launch follows its arrival at Kroger, where it has quickly become one of the top three cosmetics brands. The retailers' embrace of dupes is controversial in the beauty industry, where many detest dupe brands riding on the creativity of others, but data has shown dupes have grown the market. Read more: https://bit.ly/4ahlVeE #hereforthefierce #beautyentrepreneur #wellnessentrepreneur #beautybusiness #beautynews
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The beauty battle on everyones radar: Where will rhode skin set up shop? We dissect the pro's and cons of SEPHORA vs Ulta Beauty, while we pop the popcorn and get ready to watch these beauty titans fight it out! #rhode #sephora #ulta #beauty #beautybrands #beautyretail #beautytitans
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Clarkston's retail and beauty industry expert, Sarah Covill Broyd spoke to Beauty Independent about the expected retail transition of rhode skin. See her quote below, and the full article here: https://lnkd.in/eyay-9sD Hailey Bieber is playing perfectly into consumer trends with #Rhode. She is capitalizing on ‘#minimalbeauty,’ a trend that she helped drive with her own look. In addition to the minimalist look, her #minimalist packaging aligns with the overall feel of the brand. Further building on that minimalism, she carefully crafts her ingredients and creates transparency with the products on her website. Her brand’s price points and target audience suggest that the brand will do better at a higher price point in retail. From a brick-and-mortar perspective, Sephora will align better from a shopper and brand positioning standpoint than Ulta, which tends to carry a wider product variety and lower price point. Bieber has driven interest and excitement through social media about her brand, and the anticipation of a broader #launch is growing. But, should she go into retail right away? Maybe not. Her platform and her ability to influence is substantial. Her self-image and brand carry enough weight to continue to drive consumers to a website and sell direct to consumer in the short term. Fully launching into #retail, with high anticipation, but without clear supply and demand signals, brings a lot of risk. If out of stocks occur early, younger in-store shoppers may grow impatient and buy another brand while in store. I’d personally use Bieber’s website as a test ground to launch her portfolio of products to see which ones are most popular and to stabilize supply and demand. She has an opportunity to continue to drive engagement on her website and then promote a second launch once the company is more mature and stable enough to go into retail. In addition to building strong relationships with her consumers, she will build better relationships with #retailers when getting on (and staying on) the shelf. #beautyindustry #skincareindustry #beauty #skincare
Glossier taught beauty brands it can be a big mistake to wait too long before hitting retail. Lesson learned, rhode skin is expected to enter stores soon, and speculation is running rampant about what retailer will land the buzzy beauty brand. Read more: https://bit.ly/4aPOvmw #hereforthefierce #indiebeautybrands #indiebeauty #beautypublication #indiebeautynews #wellness #beautycommunity #beautypreneur #skincare #cleanbeauty #greenbeauty #ecobeauty #indiebrands #indiecosmetics #indieskincare #brandstory #beautybiz #brandlaunch #beautyindependent
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