Mid-year sales prove to be golden ticket for prestige beauty in China

By Sarah Parsons | Published: 1-Sep-2020
Retail

The pandemic forced may have forced make-up sales to slow down, but the 'new normal' is proving a massive e-commerce opportunity

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

China's online prestige beauty industry soared by 87% to US$1.3bn in June compared to 2019, reported market researcher The NPD Group.

The surge in demand has

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.
Fragrance

Why celebrity fragrances need to move on from Y2K nostalgia

Read more
From Beyoncé to Victoria Beckham and Millie Bobby Brown, Tori Crowther explores why new celebrity perfumes need to go beyond nostalgia to prove they're long-lasting

Trending Articles

  1. 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
  2. Harvey Nichols names former Alexander McQueen president as new CEO Julia Goddard will take on the top role at the department store chain following Manju Malhotra’s departure last year
  3. Sephora China names former Nike exec as Managing Director Xia Ding will oversee the beauty retailer’s portfolio of 350 stores in the country, working alongside Asia President Alia Gogi
  4. Pure Beauty Global Awards 2024 finalists announced! The Pure Beauty editorial team has announced the best in the industry, now it is up to the expert judging panel to decide the winners
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    What beauty can learn from the 'Sephora kids' controversy Videos complaining about the behaviour of tweens in Sephora stores have taken over social media. Retail expert Janet Milner-Walker explains the key takeaways for brands

Upcoming event

CCE Safety Assessment Module 3, Toxicology 2

23 April 2024 | Virtual See all

You may also like

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

Why celebrity fragrances need to move on from Y2K nostalgia

From Beyoncé to Victoria Beckham and Millie Bobby Brown, Tori Crowther explores why new celebrity perfumes need to go beyond nostalgia to prove they're long-lasting
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?
Retail

Christmas comes early for beauty on the high street as perfume boosts sales 

UK shoppers are returning to high street bricks-and-mortar and leaving online shopping behind
Retail

The beauty industry's winners and losers of post-lockdown (so far)

Bricks-and-mortar has been one of the success stories for luxury cosmetic sales as people embrace the new normal with an increase in consumer confidence
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
You need to be a subscriber to read this article.
Click here to find out more.
Retail

Super niche: The rise of hyperspecific beauty retailers

A new generation of forward thinking online stores are going against mass offering by building and honing in on communities, from wanderlust aspirations to cancer patients
Subscribe now