And mercifully, for retailers and brands, there are pockets of real strength. In its latest annual report, Estee Lauder Cos. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
Target Corp. Both chains also temporarily halted some high-contact services, including in-store makeovers. Sarah Sesking is a Bloomberg Opinion columnist covering the consumer and retail industries.
Dufry AG, a company with more than 2, travel retail stores worldwide, said sales of perfumes and cosmetics were down Besides there being few reasons to glam up, the beauty business is hurting because it benefits enormously from customers being able to lojg out the products, and options for doing so at brick-and-mortar stores are extremely limited thanks to pandemic safety precautions. Large-format retailers want a bigger share of what looks to be a promising market over the long term, seekking specialists like Seeking long hair and Sephora should help them achieve that.
There is no doubt beauty retailers and brands will be in better shape when parties, first dates and other primp-worthy occasions return in full force. The situation is more nuanced than those s would suggest.
For more articles like this, please visit us at bloomberg. Until seekung, though, they can count on scrubs, scents and other soothing gear to keep things from getting too ugly. In the upscale segment of the U.
The chain actually recorded an increase in comparable sales in its hair-care, skin-care, bath and fragrance segments. Story continues Despite all this, there are growth opportunities for beauty brands that meet consumers where they are: at home. She was ly a national retail reporter for the Washington Post.
Ulta Beauty Inc. The resilience of the non-makeup parts of the beauty business helps explain a one-two punch of recent high-profile strategic partnerships.
Cosmetics, skin-care products and fragrances are popular purchases at airport gift shops and duty-free stores. Being homebound and stressed out has led many shoppers to seek sanity in the form of self-care, and beauty items that allow for some of the rituals one might ly have gotten from a spa or salon treatment are enjoying a moment.