Luxury fashion brands struggle to compete with celebs in the branded beauty craze
Somehow, the prestige beauty and makeup market came out of the pandemic bigger, better, and more lucrative.
Source: cityam.com
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The state of UK beauty retail: "We are inundated with brands" – experts
The number of beauty brands entering retail continues to boom, creating a highly competitive and cost-sensitive market exacerbated by the adjacent increase in marketplaces and specialist stores, say experts. Last November, beauty brands, investors and consultancy firms met at Beauty Independent’s two-day debut Dealmaker Summit EU/UK in London, UK. Amongst the plethora of trends discussed during event, the future of beauty retail was spotlighted. “For many brands, retail is very, very...
Source: premiumbeautynews.com