report

Massive Growth Expected in Global Beauty Sales

Global beauty sales, already a nearly $400 billion market, is on the verge of explosive growth from emerging markets, but will see an industry influx as consolidation and technology disrupt channels of distribution, according to Fung Business Intelligence Centre’s recently released Global Beauty Report.

Moms Influence Beauty Habits

More than half of women agree that their mother taught them their first beauty routine, and many still incorporate those beauty routines into their lives today, according to new research by Unilever's Dove, maker of the Dove Beauty Bar.

2014 Notable for Online Video for Commerce

More than ever, in 2014, shoppers engaged with video to help them make purchase decisions and were more likely to buy after viewing, according to key findings from the 2014 Video Commerce Benchmarks Report produced by Invodo, visual commerce experts.

Better Economy Leads to Growth for Salon Services, Products

Total revenues for all salon-industry services—hair, skin and nails—plus salon retail grew at a respectable 3.1%, according to the new 2014 Professional Salon Industry Haircare Study from Professional Consultants & Resources, a leading salon-industry strategic-consulting and data-source company.

The total U.S. salon haircare market segment (services and retail) registered $67.02 billion, representing growth of 3.2%. There are nearly 303,000 salons and barbershops in the United States that use and sell salon haircare products.

Retail CFOs Forecast 10% Growth in 2015 Online Sales

Seventy-eight percent of retail chief financial officers anticipate their online sales to grow this year, according to a recent survey from BDO USA, a business advisor to consumer business companies. Overall, CFOs forecast an impressive 9.9% boost to ecommerce sales this year. This projected increase comes after the Commerce Department’s estimate of a record-breaking $304.9 billion in U.S. online sales in 2014.

Fewer Women Shopped for Beauty in 2014

The vast majority of U.S. women—eight out of 10—shop for beauty products, but a 4% drop in 2014 brought the industry to its lowest level of shoppers since 2008, according to the Annual Beauty Consumer Economic Indicator, the latest beauty report from global information company The NPD Group.