Monday, May 7, 2018

Is the beauty industry ‘Amazon-proof’?

Boston Business Journal
Beauty is booming, with the market set to grow to $750bn by 2024, according to Inkwood Research. People want to touch and see lipstick and concealers before opening their wallets, sending them through the doors of Sephora, the French cosmetics chain owned by LVMH, or Target.

Meanwhile an American obsession with “wellness” — valued at $3.7tn by the Global Wellness Institute and including segments such as nutrition, fitness and personalised medicine — has made make-up and skincare even more en vogue. . . . more