Spanish luxury beauty and perfume major Puig has announced the acquisition of Kama Ayurveda – a move set to strengthen its Indian footprint and drive presence in the Western wellbeing market, an expert says.
In her Indie Beauty Profile Ester Larrosa, Founder and Formulator at Hyalurgie, shares the background and beginning of a luxury-basics skin care brand, which she expects to resonate with consumers over 40.
Spanish customers are highly loyal in luxury beauty, particularly fragrances, but there’s scope to develop business further through aspirational, value-driven branding and wider distribution, says Kantar Worldpanel.
Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after business slowed in the first half of the year in the Western...
In a country that is suffering from high levels of unemployment and with its economy deepening the economic recession, the Spanish fragrance market is still offering a whiff of optimism, as it is still the top Beauty and Personal Care in the segment.
Value sales of cosmetics and toiletries in Spain increased by 5.6
per cent in 2003, reports Euromonitor. However this increase
represented an ongoing slowdown in average growth rates for the
country, a common characteristic in most...