Beauty.com Q1
This article was originally published in The Rose Sheet
Executive Summary
Beauty site sales during the first quarter of fiscal year 2007 were up 40% over the prior-year period, spurred by growth of 30 new prestige beauty brands over the past six months, Drugstore.com reports during April 25 earnings call. The company is focusing on the natural beauty market by placing a "Naturals" tab on the Beauty.com homepage and by adding natural brands such as Dr. Hauschka to the firm's prestige offerings. Beauty, which accounts for 29% of OTC sales for Drugstore.com, represents "a huge market opportunity," President and CEO Dawn G. Lapore says, noting sales will continue to be driven by a redesign of Beauty.com that includes adding new search capabilities. The revamped site will launch by the fourth quarter, the exec stated. Beauty.com contributed to 5.4% revenue growth of Drugstore.com in Q1 to $109.8 mil., company notes...
You may also be interested in...
Xbrane Assembles The Troops As FDA Says No To Lucentis Biosimilar
Xbrane Biopharma was riding the crest of a wave with the EU launch of its biosimilar to Lucentis, following years of toil and investment. However, plans to roll out the product in the US will have to be pushed back – likely – into the middle of 2025, following a US FDA complete response letter.
UK MHRA Updates Assistive Tech And Borderline Regulations
Device classification themes were uppermost in April for the UK regulator, which issued key guidance in two areas prone to complexities. It also contributed to the MedTech Directorate’s one-year progress report.
Fujifilm Demonstrates Health Specialism With European HealthTech Spinout
From X-ray film in 1936 to the world’s first digital X-ray system in 1983, Fujifilm has a long heritage in medical diagnostics.