When questioning what skin care concerns men have, a recent study has revealed that men in the United Kingdom have relatively very few skin care concerns whereas Chinese men have the most. The major skin care concerns among men in the United States are acne/blemishes, while the highest skin care concern of men in Germany are dry patches and wrinkles.
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At the end of 2012, tendencies in the overall beauty industry suggest a continued recovery of the market following the recession. While the robust numbers on the global level are driven by the emerging markets, the mature markets post steady growth in almost all industry segments.
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Two of Kline & Company’s team members from the Shanghai office, Rob Field-Marsham and Emma Yam, visited Cosmoprof Asia 2012, the most prestigious and trend-setting beauty event in the Asia- Pacific region, held in Hong Kong from November 14 to 16. This marks Kline’s first trip to the trade show’s Asian outpost. Held at the impressive Hong Kong Convention and Exhibition Centre, with stunning views of Victoria Harbour, the event brought together exhibitors from 44 countries, covering five product sectors spread across 10 exhibition halls:Continue reading
A shocking 52% of Americans are struggling to afford the necessities, and for many even that is a stretch, according to the WSL/Strategic Retail’s report How America Shops®: Megatrends 2012
However, American shoppers are moving on and coming back to shopping. After years of economic slowdown, retail sales are slowly rising although the defining word for this new era is “moderate.” We see shoppers who are wiser in the ways of extracting value, more reserved about how much they feel they need, and more moderate in their aspirations for material things. They have moved beyond the fear seen back in 2010 and have reached a new acceptance that allows them to return to shopping, but with limits.Continue reading
Today’s beauty retail environment carries a unique set of challenges which we define and analyze in our Beauty Retailing USA: Channel Analysis and Opportunitiesreport. We have been busy searching for the latest market trends, retail approaches, marketing strategies, and shopper insights. To get a pulse on what’s relevant, we personally talk to hundreds of industry participants, scan blogs, scrutinize beauty publications, and attend conferences and tradeshows which ultimately empowers our clients’ retail strategies. Continue reading
Global sales of nail care products have outpaced other beauty care segments for the past few years. Contrary to the performance of professional care segments such as skin and hair care, salon nail care brands are estimated to post double-digit growth in 2012 according to Kline’s preliminary findings and are forecast to grow further in the next five years although at a less aggressive rate, despite posting sturdy yet relatively sleepy growth rates in matured markets in 2011.Continue reading
Anti-aging is the single largest product type in the global personal care market and a key growth engine for the entire industry. It has been outpacing the total beauty growth; higher priced luxury brands, which include many anti-aging products, showed the largest gain last year.Continue reading
According to initial findings from Kline’s 2012 Beauty Devices: Global Market Analysis and Opportunities, sales for the at-home beauty devices market in the United States are estimated to rise by about 17% this year to reach nearly $600 million in manufacturers’ sales. Sales are fueled by higher priced devices with prices tags of $150 and up. Venues enabling the showcasing of these home and portable skin care machines whilst concurrently educating consumers regarding their benefits are equally imperative for boosting sales.Continue reading
On a glorious fall day, we set out to explore the latest and greatest in beauty retailing formats on Wall Street. We had heard that the iconic Duane Reade opened last year on 40 Wall Street, but never imagined what we would be in store for.
To begin, we entered a magnificently renovated building with an interior reminiscent of the art deco era. We were amazed at all the options right in front of our eyes. We were welcomed by a Tensator Virtual Assistant that greets customers and provides information on this 22,000 square foot store.
Since the change of the millennium, fashion, beauty, interior design, and other aesthetic indicators have been celebrating multiple decades concurrently. Not that long ago, trends came and went, where one era or particular look was popular for a while and then faded away. Once upon a time, each decade actually had its own distinctive look. Nowadays, one can observe strong influences from the 1920s, 30s, 40s, 50s, 60s, 70s, 80s, and 90s all in the same season’s runways.Continue reading