The British beauty boom is over as sales expected to decline by 10%

By Sarah Parsons | Published: 26-Aug-2020
Finance

Research indicates that sales across the UK cosmetics and toiletries industry have been hit by the pandemic

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

UK cosmetics and toiletries sales are expected to decline by £1.7bn

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:
  • GlobalData
See more

You may also like

Regulatory

Fight against counterfeit products with smart packaging, says Globaldata

Read more
With online shopping for beauty products rising year-on-year, the analytics company is encouraging brands to adopt new forms of innovation to protect consumers from buying dupes

Trending Articles

  1. Unilever Prestige names Mary Carmen Gasco-Buisson CEO The beauty and retail industry veteran joins the consumer goods business on 1 November and replaces former division head Vasiliki Petrou
  2. Estée Lauder Companies and TikTok announce winners of The Catalysts Program Emerging beauty brands Etia London, Loverboy Beauty and Ruka have been awarded US$250,000 and mentorship opportunities to grow their businesses
  3. LVMH races into ten-year global partnership deal with Formula 1 The beauty and fashion giant’s collaboration with the international racing sport will begin in 2025 and deliver ‘unparalleled experiences’
  4. Ilia Beauty lands former Murad boss Paul Schiraldi as CEO The seasoned executive replaces Lynda Berkowitz, who is departing the ‘clean’ make-up brand after nearly eight years
  5. Saks owner buys Neiman Marcus for $2.65 billion Amazon is a surprise investor in HBC’s new group of luxury retailers including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks off 5th

Upcoming event

British Beauty Week 2024

23-27 October 2024 See all

You may also like

Regulatory

Fight against counterfeit products with smart packaging, says Globaldata

With online shopping for beauty products rising year-on-year, the analytics company is encouraging brands to adopt new forms of innovation to protect consumers from buying dupes
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Covid-19: What will the beauty industry look like post-virus?

As stores close and strategies shift online, cosmetics companies are re-evaluating their performance and contribution to wider society. But what does the industry’s future look like post-coronavirus?
Finance

Health and beauty predicted to boost UK retail sales to £99bn over the next three months

‘Golden Quarter’ sales forecast remains modest in the run to up to Christmas
You need to be a subscriber to read this article.
Click here to find out more.
Media

Think locally: Strategies for success in Southeast Asia's beauty markets

Southeast Asia comprises lucrative but very diverse beauty and personal care markets, so targeted approaches are recommended for brands eyeing this region, as Reena Karim-Hallberg, Michael Tatarski, Poorna Rodrigo and Jens Kastner write
You need to be a subscriber to read this article.
Click here to find out more.
Media

Hong Kong at risk of losing Chinese consumers to Korea and Japan

Hong Kong’s cosmetics and personal care sectors are thriving. But the territory risks losing mainland Chinese consumers to the lure of Korea and Japan
Finance

John Lewis scraps CEO role under new chair

Nish Kankiwala will no longer lead the British department store chain and owner of Waitrose supermarkets
Finance

Mytheresa snaps up Yoox Net-a-Porter from Richemont

Mytheresa, Net-a-Porter and Mr Porter will form YNAP’s luxury division, while Yoox and The Outnet will be run separately, and YNAP’s white label division discontinued
Subscribe now