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7-...In English of Course... - Page 3

  • #LUXURYLAB Sharing cosmetics in China: Pretty unhygienic?

    Such pods are the latest fad to enter China's large sharing economy, aimed at young urban women on the go; The booths are located in shopping malls, office buildings, and transportation hub. The "shareable make-up" pods have sparked discussions on hygiene issues in sharing make-up with strangers, though some customers view it as a convenient way to freshen up before rushing to important meetings. #Promiseconsulting #makeup #China via @TheStraitsTimes http://bit.ly/2sRxTrz

  • [#Promiseconsulting] [#Luxurylab] Lexus has debuted its first-ever luxury yatch

    #Lxury car brand Aston Martin unveiled a luxury yacht, Aston Martin AM37, at the 2016 Monaco Yacht Show; Mercedes-Benz debuted a luxury yacht, Arrow460-GT, in February 2018 at the same superyacht event; and Bugatti has 66 limited-edition Bugatti Niniette luxury yachts for sale. Now, Lexus is entering the high-end boat business with a 65-foot luxury yacht, announced at a boat show in Yokohama, Japan, in March, and first revealed in 2016. The LY 650 yacht is scheduled to go on sale in the U.S. in 2019. https://cnb.cx/2IVAAzO

  • [#PROMISE] [#LUXURYLAB] China's Factory Brands Threaten the Luxury Market #China #Luxury

    FROM JING DAILY | Ruonan SHENG | May, 14, 2018

    In China, who is and isn’t a copycat is open to interpretation.

    While many brands are actively struggling to clear counterfeit items from Chinese e-commerce sites, NetEase is now working directly with the manufacturers for brands like Gucci, Burberry, and Rimowa to produce unbranded items for its site, Yanxuan. They claim the quality of these items is the same as those from luxury brands, but at much lower prices.

    [READ THE FULL ARTICLE]

  • [#LUXURYLAB] [SALES] | #Sales of #prestige #beauty #products up #4% in the #UK | @FASHIONNETWORK

    DE FASHION NETWORK | http://bit.ly/2DK0KpU

    #Sales of #prestige #beauty #products up #4% in the #UK 

    Despite economic and political uncertainties, the UK prestige beauty market has grown by a steady 4% in 2017, according to The NPD Group. Makeup was the most dynamic category, followed by skincare and fragrance. Purchases from overseas visitors might explain a large part of the growth.

    Sales of luxury beauty products in the UK reported an increase of 4% in 2017, hitting the £3 billion mark (EUR 3.4 billion), unveiled The NPD Group. According to the market research firm, the growth was largely driven by strong performance in fragrance, make-up and skincare and by the interest from overseas shoppers.

    “The growth we have seen in the UK prestige beauty market is impressive, given the uncertainty with Brexit and the weak pound. British customers continue to purchase prestige beauty with great passion, and we also believe that an increase in global shoppers is a contributing factor to this growth, especially in super premium skincare and fragrance,” commented Helen Duxbury, Senior Account Manager, NPD UK Beauty.

    Healthy fragrance sales

    The prestige fragrance market was valued at £1 billion in 2017. Fragrance ended the year with a solid performance, increasing 3%, with both classic and new launches contributing to this growth. Consumers continue to choose juices over gift sets with the sale of gift sets remaining flat in 2017, with juices growing 4%.

    Skincare and makeup

    Skincare grew 6% in 2017 and this growth has been driven by classic and super premium brands. Although small at present, natural and vegan brands are demonstrating their importance to the skincare market’s growth.

    As far as make-up are concerned, sales increased by 6% compared to last year, but this slowed from the double-digit growth of 10% reported in 2016. Within the make-up sector, foundation and lip colour remain the star performing categories reporting healthy growth throughout 2017.

    “From the figures we have seen in 2017 there is a definite boom in the prestige beauty market. Make-up and super premium skincare are a real attraction for overseas visitors as they include many designer brands. Retailers confirm they have seen an increase in global shoppers in store. Whilst the weak pound confirms our thoughts that the global shopper is boosting the prestige beauty market, UK shoppers continue their love affair with prestige beauty in all categories,” concluded Helen Duxbury.