Cosmetic Valley highlights economic importance of French beauty industry
French cosmetics cluster Cosmetic Valley has published a study highlighting
Tourism spend up during Chinese New Year
Domestic spend in on tourism in during the Chinese New Year period rose 7.7% over 2019
French cosmetics exports up 10.8% in 2023 to record €21.3bn
For the first time, French cosmetics exports exceeded the €20bn mark in 2023. The industry grew 10.8% to a record €21.3bn.
Prestige beauty sales in US up 14% in 2023
Prestige beauty sales in the US increased 14% year-over-year in 2023 to $31.7bn.
China’s luxury market forecast to grow in mid-single digits in 2024
After an overall rebound in 2023, China’s luxury market is forecast to grow at mid-single-digit in 2024.
International tourism expected to fully recover to pre-pandemic levels in 2024
International tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals.
Holiday season 2023 sees record-breaking online sales in US
Consumers spent $222.1bn online during the 2023 holiday season.
US holiday retail sales up 3.1%
US retail sales (excluding automotive) grew 3.1% year-over-year this holiday season.
The state of the market in 2023
The global beauty market is expected to see growth of around 4% to 5% in 2023, and...
Key data on the beauty market 2022/2023
The beauty world growth by region North America beauty sales 2022 +8% vs 2021North America beauty sales... Cyber Monday sees record-breaking online sales
Consumers in the US spent a total of $12.4bn online on Cyber Monday, up 9.6% year-over-year.
Black Friday online sales reach $9.8bn, up 7.5%
Consumers spent $9.8bn online on Black Friday.
Prestige beauty sales in US up 14% in first nine months
Prestige beauty sales in the US rose by 14% this year through September.
Teens spending more on beauty, according to Piper Sandler survey
While teens in the US are spending less in general, they have increased their spend on beauty,...
Southeast Asia and India highlighted as golden opportunities in LUXASIA & Kearney report
The luxury beauty market in Southeast Asia and India is projected to reach $7.6bn by 2026, according to a report
French cosmetics exports up 15.6% in first five months
The French cosmetics industry is continuing to grow its exports.
Prestige beauty sales in US up 15% in first half
U.S. prestige beauty industry sales amounted to $14bn in the first half of 2023, a 15% increase versus the same period in 2022.
Global luxury goods market set to grow by 12% in 2023, says Bain
The personal luxury goods sector’s momentum continued into the first quarter of 2023, with 9%-11% growth over...
Pierre Fabre says it has created largest dermatology database
Pierre Fabre’s All project Pierre Fabre is to present a large-scale survey, which it claims is the...
6.18 festival sees record number of merchants, says Alibaba, without releasing sales data
Taobao Live rolls out streaming sessions. Photo Credit: Taobao & Tmall Group. Alibaba Group’s Taobao & Tmall...
Bluebell highlights changing Asian consumer habits
Asian distributor and operator Bluebell Group outlined three key trends relating to changes in consumer habits in...
US prestige beauty up 16% in Q1
Prestige beauty sales in the US reached $16.6bn for the first quarter of 2023, up by...
Atelier unveils product development platform
Beauty tech company Atelier has unveiled what it calls an all-in-one beauty product manufacturing tool that...
Fenty Beauty ranked number-one celebrity beauty brand by Cosmetify
Fenty Beauty (LVMH) was the most successful celebrity beauty brand in 2022, according to beauty products comparison...
China says cosmetics sales increase in first two months of year
China’s cosmetics retail revenue rose 3.8% to Rmb65.6bn ($9.53bn) in the first two months of 2023, according...
France’s beauty exports up 18.8% in 2022
France’s beauty exports rose 18.8% to a record €19.2bn in 2022 compared to 2021, according to French...
Prestige beauty sales in Canada up 25% in 2022
Prestige beauty sales in Canada rose 25% in 2022 to reach $3.4bn, making the category one...
US prestige beauty sales up 15% in 2022
Prestige beauty sales in the US rose 15% to $27.1bn in 2022 compared to 2021, according to...
Florence by Mills ranks as most popular beauty brand on social media, says Cosmetify
Beauty brand Florence by Mills ranked as the top beauty brand globally in terms of social media,...