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The vibrancy of the indie beauty scene has continued in 2023, with sales up 90% versus 2022, according to Kline’s recently published Beauty Indies: U.S. Analysis of Brands to Watch in partnership with NielsenIQ. This year, growth in this sector has outpaced the total industry more than tenfold, which is a result of retailer support
Our Beauty Destinations: Intelligence Center revealed a muted finish to 2022 for the mono-brand channel. Brick-and-mortar store sales for key vertically integrated retailers tracked, including Bath & Body Works and The Body Shop, collectively dropped 4% last year, as consumers curtailed their store visits and spend levels due to economic worry. Meanwhile, retailers such as
Aesthetic facial bars and med spas are popping up everywhere in the United States—from trendy neighborhoods to metropolitan and suburban alike. Even after a year of continued inflation and economic uncertainty, the U.S. professional skin care market continues to be dynamic, increasing at a rate of almost 11% in 2022, according to Kline’s Professional Skin
As styles have evolved to embrace the curly look, the demand for curl care products has been on the rise in salons. In fact, according to Kline PRO, curl care was the only segment in the United States to experience double-digit growth during the Q1–Q3 2022 reporting period.
The holiday season is about to bring good tidings to the fragrance industry again.
With fears of a recession and inflation at a high, dispensing physicians are becoming more thoughtful with their orders on professional skin care stock. The U.S. physician-dispensed skin care channel registered record-high sales growth of 26% last year, according to our Professional Skin Care Global Series report. However, most professional skin care marketers are expecting growth in 2022 to be about one-half of the growth last year.
With inflation rising 9.1% in June to its highest level in over 40 years, will beauty retail experience even bigger declines in store traffic? Kline’s analysis of U.S. foot traffic from SafeGraph proves that beauty retailers are indeed not immune to the inflationary impacts, as foot traffic was down 18% in May from April and
Retail product sales were up 6.5% in the U.S. in Q1 2022 compared to Q1 2021. This is truly remarkable news for the salon channel, which faced numerous challenges over the past three years. In addition to shutdowns and requirements to implement new health and safety measures, which impacted the service capacity, salon operators experienced
Dermstore entered the dotcom market more than 20 years ago. Its sales reached $230 million in 2020, up more than 65% from 2019. The e-tailer got a jolt from the pandemic as eager consumers flocked to the website for skin care tips, new regimens, and personal consultations. At the beginning of 2021, Dermstore was acquired
Retail has become a serious consideration for many professional hair care brands looking to build awareness and increase sales. While some salon hair care players are still deciding whether to follow this new path or remain loyal to the salon distribution model, others have already turned it into success stories. As we’ve just published the
