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Legacy beauty brands such as Chanel, over the years, have been known to release home fragrance products during the holiday season. In 2022, these once limited-edition products for holiday gift-giving are now becoming a mainstay for beauty brands as consumers look to further elevate their home space with the same beloved scents from their perfumes,
Beauty is back in business with 2021 results reversing the losses that several categories, such as fragrances and skin care, faced in the year prior. The U.S. beauty and personal care market surpassed $85 billion in retail sales in 2021, an increase of $7 billion from 2019 sales levels. This is the market’s strongest performance
The global professional skin care market has almost doubled in size in 10 years, from $4.5 billion in 2010 to $8.5 billion in 2021. And the future looks robust, as sales are estimated to rise at a CAGR of 10% through 2026, which shows the strong momentum and opportunities that exist in this market.
In-Cosmetics was one of the very first major tradeshows to be canceled due to the COVID-19 pandemic back in 2020. At that time, very few of us had realized how challenging the situation ahead would be.
Professional Beauty London’s first-ever hybrid event drew fewer attendees than in pre-COVID days, but it still wowed with a variety of offerings.
The salon hair care market has rebounded in both America and Canada after COVID-19-related downturns, but the latter had a much rougher road to recovery.
Salon service revenues in the United States were up a whopping 23% in 2021 as the market recovered from pandemic-related closures. Some of the bounce-back was expected — as calendars filled up with weddings and proms again, the need for services such as curling, special occasion hair styling, and makeup application resurfaced. Each of these
Salons and spas, in an effort to become more eco-conscious and offset their emissions, are partnering with companies that offer salon recycling solutions — and are recovering nearly 100% of their beauty waste in the process. With the salon industry churning out roughly 421,000 pounds of waste per day, we’re not just talking about a
At the onset of the COVID-19 pandemic, premium and luxury beauty brands began doing what was once almost unthinkable — offering their goods on Amazon, with a growing number of them now calling the e-commerce giant’s separate Luxury Stores section “home.” So why the shift in attitude and sales strategies for brands like Kora Organics,
In honor of Black History Month and our ongoing celebration of the many achievements of the Black community in the beauty space, we’ve spotlighted three Black-owned beauty indies — each of which we consider not only a shining star, but a strong candidate for acquisition.
