German luxury beauty market outperforms in Europe despite Covid-19 retail closures

Published: 17-Jul-2020
Finance

Premium beauty products from the country registered the smallest decline in value sales at the end of May, compared to the UK, Spain, France and Italy

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

Germany’s sales of luxury beauty products outperformed in the first five months of the year, with the country registering a loss of 23%.

The figure is the smallest decline experienced among the five

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.
  • Companies:
  • NPD Group
See more

You may also like

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

Refillable beauty sales soar thanks to make-up, reveals fragrance potential

Read more
The refillable packaging is touted as a sustainable alternative to single-use beauty products

Trending Articles

  1. The Body Shop's downfall triggered by failing to secure credit The beauty company’s owner Aurelius Group failed to secure new funding, according to reports in The Telegraph
  2. Puig sets IPO target for close to €14 billion The Spanish beauty giant plans to sell Class B shares at €22 to €24.50 each, which would value the group between €12.7bn and €13.9bn
  3. L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up
  4. LVMH’s revenue dips despite ‘remarkable growth’ from Sephora The giant’s Selective Retailing and Perfumes & Cosmetics divisions delivered strong sales despite the ‘uncertain’ economic climate
  5. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands

Upcoming event

China Beauty Expo

22-24 May | Shanghai, China See all

You may also like

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

Refillable beauty sales soar thanks to make-up, reveals fragrance potential

The refillable packaging is touted as a sustainable alternative to single-use beauty products
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

A fairytale story: Why premium beauty is having a crowning moment

Appetite for beauty has not been hampered by the rise in energy costs or inflation. But even more surprisingly, the premium category is positively peppy. Here, Cosmetics Business takes a closer look at the sector’s success
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

Inflation: How beauty businesses are battling against the big squeeze

The supply chain and Covid-19 have caused cosmetic ingredients to spike, but are brands ready to raise prices for consumers?
You need to be a subscriber to read this article.
Click here to find out more.
Fragrance

Luxury fragrance sales drive bumper Christmas for beauty

Strong sales of premium perfumes, candles and body care have increased sales to pre-pandemic results
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Virtually bricks-and-mortar: A beauty phenomenon or flash in the pan?

Virtual spaces infiltrated the beauty industry while almost an entire population of customers were confined to the walls of their home. But how prominent will these ‘metaverses’ be in retail’s future? Cosmetics Business finds out
Colour Cosmetics

Return to retail triggers spike in prestige make-up sales

Beauty categories have seen triple-digit growth since lockdown restrictions eased on 12 April
Colour Cosmetics

Sales of US prestige beauty soar in 2021

Spending on cosmetics has increased in the market from figures in 2019, but make-up is lagging
Subscribe now