Global luxury market to decline by up to 45%, says BCG and Altagamma
The global luxury market is expected to see a 35% to 45% decline in 2020, in the...June 24, 2020
China’s cosmetics retail sales grow 12.9% in May
Total retail sales of cosmetics in China in May grew 12.9% year-on-year to Rmb27bn ($3.81bn), according to...June 16, 2020
German prestige beauty performs better than European neighbors
Of the five largest prestige beauty markets in Europe, Germany has seen the smallest decline in year-to-date...June 10, 2020
29% of UK consumers refuse to queue at stores to buy beauty
Some 29% of UK consumers said they would not wait in line to buy beauty products, according...June 10, 2020
E-commerce sales surge in US
E-commerce sales in the US are set to increase by 18% in 2020 to reach $709.78bn, fueled...June 9, 2020
Online sales of prestige skincare double in April in France, due to lockdown
Prestige beauty sales done through e-commerce in France rose 73% in value to €21.6m in April, according...June 5, 2020
French consumers still have strong appetite to buy beauty, says My Beauty Community
French consumers still want to buy beauty, according to a study on shopping habits during the COVID-19...May 27, 2020
China drops GDP target
China has not set a gross domestic product (GDP) target for the first time, due to uncertainty...May 22, 2020
69% of Chinese travelers will travel internationally when possible
Some 69% of Chinese said they would fly internationally again when possible, with top destinations in Asia...May 18, 2020
Data from Beauty Insight n°208
Beauty outlook & COVID-19 Beauty industry revenues could fall 20% to 30% in 2020 according to scenarios...May 18, 2020
US April retail sales down 21.6% year-on-year
US retail sales fell 21.6% in April year-on-year to $403.9bn, and declined 16.4% compared to March 2020,...May 18, 2020
BW Confidential reveals findings from its COVID-19 International Beauty Survey Part 2: Emerging from the Lockdown
BW Confidential sought to find out how beauty will perform over the weeks and months ahead as...May 5, 2020
Amazon ranked as most valuable retail brand, Louis Vuitton highest in luxury
Amazon came out on top of BrandZ’s ranking of the world’s top-75 Most Valuable Global Retail Brands,...April 30, 2020
Home scents sales in UK increase amid lockdown
Prestige sales of home scents, like candles, diffusers and room fresheners in the UK increased before and...April 30, 2020
US prestige beauty drops 14% in first quarter, online grows 24%
Prestige beauty sales in the US declined 14% to $3.6bn in the first quarter of 2020 year-over-year,...April 29, 2020
Data from Beauty Insight n°207
US online sales Online prestige beauty sales in the US grew 47% in week ending March 28,...April 20, 2020
Consumers globally decrease skincare & make-up spending amid pandemic
Consumers in Brazil, South Africa, the UK, France and Spain expect to spend some 50% less on...April 20, 2020
US retail sales down 8.7% in March
US retail sales dropped 8.7% to $483.1bn in March compared to the month prior, and decreased 6.2%...April 16, 2020
Prestige beauty sales drop 93% in France’s first week of lockdown
Prestige beauty product sales dropped 93% in France’s first week of lockdown, beginning March 16, compared to...April 9, 2020
UK prestige nail product online sales grow 24% in lockdown
Online sales of nail products grew in the double digits in the UK’s first weeks of COVID-19-related...April 8, 2020
Online prestige beauty sales in the US grow 47% amid COVID-19
Online prestige beauty sales in the US grew 47% in week ending March 28, compared with the...April 7, 2020
US beauty and personal care to see steepest sales decline in 60 years
The US cosmetics and toiletries market is set to see the sharpest decline ever recorded in the...April 6, 2020
Half of Chinese consumers optimistic about economic recovery
Some 50% of Chinese consumers say they are optimistic that the economy may recover two to three...April 2, 2020
Chinese manufacturing rebounds in March
Chinese manufacturing activity rebounded in March, according to government data. The official purchasing managers index (which asks...March 31, 2020
UK prestige hand soap sales increase 102% due to COVID-19
Sales of prestige hand soap in the UK grew 102% in the week beginning March 8 compared...March 30, 2020
BW Confidential reveals results of COVID-19 International Beauty Industry Survey
BW Confidential aimed to find out how the industry is dealing with the current crisis through its...March 26, 2020
Data from Beauty Insight n°205
Prestige beauty sales in France fell 1% in 2019 to €3bn, according to market-research company The NPD...March 23, 2020
Companies to lose some €1 trillion in brand value due to COVID-19
The world’s biggest companies could lose up to €1 trillion in brand value due to the impact...March 20, 2020
BW Confidential launches the COVID-19 Industry Pulse
Today BW Confidential launches the COVID-19 Industry Pulse in a bid to collect views from market players...March 18, 2020
France prestige sales down 1% in 2019, outlook uncertain due to COVID-19
Prestige beauty sales in France fell 1% in 2019 to €3bn, according to market-research company The NPD...March 11, 2020