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Covid-19 to cause biggest drop in US beauty market in 60 years

Covid-19 to cause biggest drop in US beauty market in 60 years

The coronavirus pandemic is predicted to cause a 2.5% drop in the US beauty and personal care market in 2020, according to Kline—the biggest drop in the more than 60 years the market-research firm has been tracking the industry. This decline[…]

04/07/2020 | Coronavirus
Post-coronavirus: Bain outlines luxury consumption trends to come

Post-coronavirus: Bain outlines luxury consumption trends to come

Bain & Company identifies six emerging consumption trends as the luxury industry looks to make sense of the current coronavirus crisis. As of March 25, the consulting firm is forecasting a 25% to 35% contraction in the global luxury market[…]

04/02/2020 |
Prestige beauty paints a mixed picture

Prestige beauty paints a mixed picture

The prestige beauty market is contrasted, with a scissors effect between makeup and skincare, highlighted market-research firm The NPD Group at CEW’s Beauty Business event in Paris last week. Prestige beauty sales in North America were flat In[…]

03/03/2020 | skincareRegional focus