The US economy and luxury beauty industry has faced a challenging time over the last decade, but a report published by IBISWorld in October, predicted revenue growth of 5% as 'disposable income levels continued to rise and consumers increasingly returned to purchasing higher value branded items.'
Consumers return to premium products after recession
Shoppers do not buy in greater volume, but look for added value
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Rituals Profit Pledge charitable initiative is defying beauty market turmoil. Here’s how…
Read moreThe Dutch beauty brand’s Profit Pledge initiative donates 10% of its annual income to charitable causes despite good or bad financial results. But in the face of global and geopolitical turmoil, how can Rituals maintain such a considerable level of donation?
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Finance
Rituals Profit Pledge charitable initiative is defying beauty market turmoil. Here’s how…
The Dutch beauty brand’s Profit Pledge initiative donates 10% of its annual income to charitable causes despite good or bad financial results. But in the face of global and geopolitical turmoil, how can Rituals maintain such a considerable level of donation?
Regulatory
Charlotte Tilbury backs new foundation which challenges ‘the exploitation’ of emerging artistic talent
MUA Charlotte Tilbury and hairdresser Sam McKnight are among the founders of The Hugh Devlin Foundation, a new organisation which launches this month, offering free legal and financial advice to young creatives at ‘moments of difficulty’