British shoppers spent more per person on health and beauty products than any of their European Union compatriots in 2007, according to a report by Verdict Research.
“The average U.K. consumer spends 375 euros [or $555.42 at current exchange] a year on health and beauty products — far more than most of our European neighbors,” stated Carol Ratcliffe, retail analyst at London-based Verdict, a wholly owned subsidiary of Datamonitor Ltd. “We spend almost 50 percent more each year than the Spanish, for example, and 43 percent more than the average European. The British are certainly happy to splash out on looking good.”
Verdict attributed Britain’s high per capita spend to easy access to products, consumer appetite for innovative and up-market items and a shift to premium products.
Behind the U.K. on the big beauty spenders list for 2007 were France at 327 euros, or $484.32, per person; Italy at 305 euros, or $451.74; Germany at 289 euros, or $428.04; the Netherlands at 280 euros, or $414.71, and Spain at 254 euros, or $376.20.
Spain was the fastest growing of the major EU markets, while Romania, Estonia and Latvia are the fastest growing EU markets overall.
“The 12 new members of the EU are attracting major investment from the likes of Douglas and DM-Drogerie Markt because of their high growth rates and future growth potential,” Verdict stated. “With stiff competition in the mature EU markets and weak consumer confidence likely to limit spending growth in the short term, there is much to be gained from geographical diversification into these smaller markets.”
Hong Kong-based A.S. Watson, which owns Marionnaud, Superdrug, Kruidvat, Ici Paris XL, Savers, Trekpleister, Drogas, The Perfume Shop and Watson’s, as well as a stake in Rossmann, was the leading EU health-and-beauty retailer in 2007 with an estimated 5.3 percent of the market, according to the study.
Alliance Boots ranked second, Schlecker third, DM-Drogerie Markt fourth, Rossmann fifth and Douglas Group sixth.
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion
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@zacposen's go-to holiday gift? Cookies! "I'll usually bake cookies and send them as a gift," said the designer, who recently released his cookbook "Cooking With Zac: Recipes from Rustic to Refined." Get the recipe for his Brown Butter-Chocolate Chip Cookies via link in bio 🍪🍪🍪 #wwdeye #cookingwithzac
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