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.

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.