Americans Ready for Independence Day

More than 156 million consumers—nearly two thirds of those celebrating, are planning to take part in the patriotic holiday by attending a cookout, picnic or barbecue, spending an average of $71.23 per household, up from $68.16 last year, according to the National Retail Federation’s 2015 Independence Day Survey conducted by Prosper Insights & Analytics.

FIT’s Beauty Think Tank Presents Future of Luxury

Lasting memories, "centers of creation" flagship stores, and like-minded cities will drive future sales in the luxury sector, according to new research revealed by graduating students in the Fashion Institute of Technology's School of Graduate Studies Cosmetics and Fragrance Marketing and Management Master of Professional Studies program.

Father’s Day Spending to Reach $12.7 Billion

Father’s Day may not be the most lucrative consumer holiday of the year for retailers, but spending for dad is expected to reach $12.7 billion for golf lessons, home improvement tools, coffee mugs and more. And, according to the National Retail Federation’s 2015 Father’s Day Spending Survey conducted by Prosper Insights & Analytics, the average person will spend $115.57 on gifts, nearly even with last year’s $113.80. The survey found 75% of Americans said they plan to celebrate Father’s Day.

Consumers Gravitate to Gender-Specific Products

Consumers are more likely to buy products that are highly "gendered"—whether masculine or feminine—than they are to buy products that are not as "gendered," according to a new study from the University of Miami School of Business Administration.

Poshly Shares Its Summer Statistics

What do consumers think about summer beauty, sunscreen/SPF and self-tanning? Recently, beauty-industry data company Poshly told Beauty Store Business:

Summertime beauty

Seasonality Is the Latest Key Beauty Trend

Beauty retailers may want to focus their seasonal product highlights on more than just color. It turns out that rather than simply using the change of seasons as a reason to introduce color stories or scents, beauty manufacturers are increasingly introducing innovative products that offer defense against the cosmetic and emotional effects of specific weather conditions.