HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Beauty.com

This article was originally published in The Rose Sheet

Executive Summary

Upswing in sales on beauty.com in the last two quarters indicates that consumers are migrating back to prestige beauty, says Drugstore.com VP and CFO Tracy Wright. Speaking at the Janney Capital Markets Consumer Conference May 26, Wright noted that during the recession, many consumers of premium items online switched to mass market items sold through sites like drugstore.com, but that trend has reversed in recent quarters. In February, the Bellevue, Wash.-based firm reported that beauty.com's net revenues advanced 28 percent in the fourth quarter (1"The Rose Sheet" Feb. 15, 2010). Drugstore.com's total prestige product business amounts to about $30 million. The company recently announced the launch of two new microsites - AllergySuperstore.com and TheNaturalStore.com - which both sell beauty products targeted to the specific needs of the sites' shoppers. The firm announced the launch of another microsite, DeluxeSalonSupply.com, May 10 (2"The Rose Sheet" May 17, 2010)
Advertisement

Related Content

Advertisement
UsernamePublicRestriction

Register

RS016952

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel