News & Analysis on Cosmetics Innovation
New data from Mintel reveals that 2016 is tipped to be a big year for lip colours in the UK: the segment grew by 8% between 2014 and 2015, and is set to see sales rise by an estimated 12% this year.
Consumers in the UK are still displaying a healthy appetite for beauty and personal care, with the segment seeing a rise of 2% value growth in 2015 according to the latest Euromonitor data.
Despite the economic slowdown in China, L’Oréal’s performance in the country continues to go from strength to strength as the product innovation pipeline is maintained.
Market research firm BNZ has revealed that New Zealand shoppers have been quick to take advantage of the fallout from the recent Brexit vote, with online retail overall in the country up 10% in June.
As of yesterday, the color cosmetics brand from P&G is available (online) in the States for the first time in six years—a test perhaps, to gauge whether the personal care giant should grow its makeup business globally.