consumers

Fragrance Proves Essential to Beauty Routines

Main image: 
Poshly Fragrance Report

Eighty percent of women wear fragrance at least once a week, according to a report recently released by Poshly, which builds personalization technologies that connect beauty brands with beauty consumers.

The Fragrance Report covers fragrance preferences and shopping habits, amongst key insights; and is based on results from more than 11,000 beauty consumers. The insights may serve to help beauty retailers' fragrance considerations as they determine their level of investment in the category.

Consumers Prefer In-Store Shopping

Main image: 

Ninety percent of consumers prefer shopping in brick and mortars and more than half of online retail sales are captured by brick and mortars, according to the "Omnichannel Shopping Preferences Study" by A.T. Kearney, a global management consulting firm.

Father’s Day Spending to Top $12.5 Billion

Main image: 
Father’s Day Spending to Top $12.5 Billion

Total spending for Father's Day this holiday season is expected to reach $12.5 billion, according to the National Retail Federation’s 2014 Father’s Day Spending Survey, conducted by Prosper Insights & Analytics. Though slightly down from last year ($119.84), the average person will spend $113.80 on neckties, tools, electronics and other special gifts for dad.

Fragrance Sales See 10% Growth

Main image: 
NPD Group

Direct-to-consumer sales of U.S. prestige fragrance has grown to $285 million, according to the NPD Group, in a report covering the 12 months preceding February 2014.

While a fraction of the $3 billion U.S. prestige-fragrance market, the performance of products sold on department store websites, in key online-only beauty retailers and through TV/home shopping retailers is a bright spot for the industry, which saw 2% declines during the same time period.

Consumers Spend Less This Mother's Day

Main image: 
National Retail Federation

Consumers are expected to splurge slightly less as they spend for Mother's Day this year. According to the National Retail Federation’s 2014 Mother’s Day Spending Survey conducted by Prosper Insights & Analytics, Americans will spend an average of $162.94 on mom this year, down from a survey high of $168.94 last year. Total spending is expected to reach $19.9 billion.

Retail Sales Increase to 4.1% in 2014

Main image: 
Retail Sales Increase to 4.1% in 2014

This year’s retail-industry sales are expected to increase 4.1%, up from 3.7% in 2013, according to the National Retail Federation’s 2014 economic forecast. Furthermore, online sales are expected to grow between 9% and 12%. The forecast includes traditional retail categories, such as specialty stores.

Syndicate content