Ulta Beauty Surge Continues: Little Sign Of Trade-Down Or Dampened Consumer Appetites Yet
The retailer increased its full-year targets on 25 August based on broad-based, double-digit growth across its business.
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Natural, Low-Maintenance Makeup Trends Shaping Global Beauty In New Year – Euromonitor
The COVID-19 pandemic and related austerities may be past, but makeup is still not back, according to Euromonitor. There is opportunity, however, for multi-purpose, benefit-focused cosmetics that support skin health and the natural-beauty appearance consumers cultivated during the pandemic. Additional views from Kline & Company, Mintel, NPD Group.
Prestige Beauty Lines Ring In Holiday Season Riding Sales Growth, Reining In Price Increases
Prestige beauty sales should be strong through year-end with high-income consumer base less likely to feel squeeze of inflation, NPD Group forecasts. In 2022 first half, US consumers with more than $100,000 household incomes spent nearly $9bn on beauty products, a 14% increase.
Ulta Elevates Clean Beauty With Certification Program, Ingredient Standard
Conscious Beauty, launching at Ulta in the fall, is built around five pillars for product certification – clean ingredients, cruelty free, vegan, sustainable packaging and positive impact. Clean ingredients means no parabens, phthalates or listed ingredients in 25 other categories, the retailer says.