As the lines between prestige and mass continue to blur, retailers are taking a multipronged approach to reinventing their beauty departments.
Target also revealed holiday sales were boosted by online shopping.
Branding firm Graj + Gustavsen inks deal with Capezio and Global Brands Group to launch the first collection in fall 2021.
E-commerce, curbside pickup, Ulta Beauty with Target and Sephora with Kohl’s. The beauty retailing shifts you should pay attention to for 2021.
The industry’s vows to do better must be backed by concrete goals and accountability, say experts.
Workers say a model of reining in labor costs has left them anxious about health and finances, even as retail profits soar.
THG has paid $350 million in cash for the U.S. retailer of prestige skin-care and specialty beauty brands.
The mega-star is asking for $100 million and complete control.
“All these brands are trying to move where the puck is going proactively,” said Stifel analyst Mark Astrachan.
But across the retail industry, intimate apparel continues to be among the list of pandemic winners.
Select Journelle bras, sleepwear and lingerie can now be found at target.com.
Comparable traffic grew 4.5 percent during the quarter, while digital sales surged 155 percent.
Retail results are set to come in this week and might be most valuable for what they say about holiday and beyond.
HRC Retail Advisory’s Antony Karabus and Farla Efros on the opportunities for retailers willing to commit to the transformation journey.