Consumers return to premium products after recession

Published: 9-Jan-2015
Finance

Shoppers do not buy in greater volume, but look for added value

You need to be a subscriber to read this article.
Click here to find out more.

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.'

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

Church & Dwight offloads VitaFusion and L’il Critters to focus on ‘power brands’

Read more
Personal care company Church & Dwight has sold vitamin brands VitaFusion and L’il Critters after putting its vitamin business under review

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    Marionnaud pulls out of Poland The retailer is looking to complete the process in Q1 of 2014
  2. Mallows Beauty enters voluntary liquidation with £1.9 million debt The British beauty brand announced last week it had entered into liquidation, with lifestyle brand Skinnydip London stepping in to purchase the intellectual property
  3. L’Oréal doubles stake in Galderma to 20% to up its aesthetics play The French beauty giant is ​buying an additional 10% stake in Galderma Group AG, which owns Cetaphil, for an undisclosed sum from a consortium led by Swedish private equity firm EQT
  4. Shiseido set to reshuffle leadership structure in 2026 The Japanese beauty giant is also undertaking a series of company-wide organisational changes focused on Diversity, Equity and Inclusion (DEI), sustainability and improving operational efficiencies
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    South Asian Beauty is booming in Western markets – here’s why Western markets are heavily tapping into South Asian beauty as it makes its way into the retail mainstream, but what sets this subcategory apart from the others?

Upcoming event

Cosmoprof North America Miami 2026

27-29 January 2026 | Miami, USA See all

You may also like

Finance

Church & Dwight offloads VitaFusion and L’il Critters to focus on ‘power brands’

Personal care company Church & Dwight has sold vitamin brands VitaFusion and L’il Critters after putting its vitamin business under review
Body Care

Mallows Beauty enters voluntary liquidation with £1.9 million debt

The British beauty brand announced last week it had entered into liquidation, with lifestyle brand Skinnydip London stepping in to purchase the intellectual property
Skin Care

L’Oréal doubles stake in Galderma to 20% to up its aesthetics play

The French beauty giant is ​buying an additional 10% stake in Galderma Group AG, which owns Cetaphil, for an undisclosed sum from a consortium led by Swedish private equity firm EQT
Skin Care

Shiseido set to reshuffle leadership structure in 2026

The Japanese beauty giant is also undertaking a series of company-wide organisational changes focused on Diversity, Equity and Inclusion (DEI), sustainability and improving operational efficiencies
Finance

Unrivaled HQ named ‘Sephora Arena’ as part of multi-year partnership expansion

The beauty retailer and women’s basketball league began their partnership last year, with the league’s Miami headquarters undergoing a name change as part of a major expansion of the partnership between Sephora US and Unrivaled
Body Care

ByErim and Make Waves crowned winners of inaugural Breakout Beauty UK programme

The new accelerator programme – created by Growth Studio and supported by Boots and TikTok Shop – awarded rising UK beauty brands with a prize that includes retailer placement and mentoring opportunities
Finance

Ulta Beauty Q3 sales jump double-digits following Space NK acquisition

The US beauty giant has reported a Q3 sales boom, and this is after it struck a deal with Manzanita Capital in July to acquire British chain Space NK
Subscribe now