SEPHORA’s Post

Retail Today / Retail Renaissance: The business of “BEAUTY”, now exceeding $500 Billion Dollars in sales! One of the retail leaders in this sector SEPHORA. #beauty #sephora Sephora the French Beauty Retailer owned by LVMH, international world leader in luxury brands. Luxury Group LVMH had a fantastic record setting 2023, $86 Billion in sales. #LMVH Sephora has been driving some of that growth and success, with almost 3,000 stores, estimated sales of $18 Billion, a +25% sales increase in 2023! #sales They also have developed relationships with JCP and Kohl’s for their store-in-store concept. #jcpenney #kohls The beauty industry is estimated to reach $600 Billion in the next few years. I have attached an article that provides the insights for this opportunity. #opportunity #retail #retailtrends #retailstrategy #retailexperience #shoppingexperience #stores #ecommerce #brandexperience #brickandmortar #beautyindustry #beautybusiness #beautyproducts #TopRetailExperts

🎉 Today marks the end of an era as I bid farewell to my incredible journey at LVMH Fragrance Brands. Seven years, five different roles, across two countries - it's been a whirlwind of growth, challenges, and unforgettable experiences.   Reflecting on each year spent within this amazing group, I'm proud to have achieved milestones that have shaped my professional journey: 🚀 2017: Rebuilt and digitized the CRM database, resulting in a 500% surge in subscriber numbers by year-end, ensuring GDPR compliance. 🌟 2018: Devised robust digital strategies and activations, particularly relaunching L’Interdit, achieving triple-digit online growth across key retailers. 💼 2019: Managed the entire e-retail budget, driving Joint Business Plans (JBPs) and surpassing sell-out targets, with triple-digit online performance growth YOY. 💡 2021: Increased profitability YOY for Notino, contributing to the overall EU P&L. 📊 2022: Led the European E-retailers strategy, elevating L’Interdit franchise ranking online. 💄 2023: Transformed the makeup category with the launch of Prisme Libre mini, achieving triple-digit growth across multiple European markets. 🎉 2024: Orchestrated the highly impactful Gentleman Society Extrême launch event in Amsterdam, marking another successful chapter.   But behind these achievements lies the support and collaboration of amazing teams and e-retailer communities across the EU and beyond. I'm immensely grateful for your trust and camaraderie, which made every challenge surmountable and every success sweeter. To all the e-retailers I've had the privilege to work with, thank you for the opportunity to grow and innovate together.   As I embark on a new chapter, leaving Paris for yet another unknown adventure, I carry with me the friendships and memories forged along this remarkable journey. Though the decision to move on wasn't easy, I'm confident in the path ahead, knowing that the experiences and connections gained here will continue to guide me.   Here's to embracing change, chasing dreams, and crossing paths once again in the future. Thank you all for being part of this incredible ride! 🚀✨   #NewBeginnings #Gratitude #ProfessionalJourney

New Post: Sephora under LVMH Ownership - https://lnkd.in/gQBB4nTv Sephora's Thriving Presence In the bustling heart of Paris, amidst the glamour of the Louvre museum, beauty enthusiasts converge at Sephora's event to explore an array of coveted brands. Sephora's Strategic Growth Sephora under LVMH Ownership, has become a beacon of success within the selective retailing division, boasting a remarkable 20% surge in sales to €17.9bn and a staggering 76% increase in profits to €1.4bn. The Power of the 'Lipstick Effect' Despite economic fluctuations, Sephora thrives on the enduring allure of the "lipstick effect," where consumers indulge in affordable luxuries even during downturns, driving steady sales growth. Unique Positioning within LVMH Unlike its luxury counterparts under the LVMH umbrella, Sephora stands out as a multi-brand retailer catering to a diverse clientele with a wide range of products at accessible price points. Global Expansion and Market Penetration Sephora's global footprint spans 35 countries with approximately 3,000 stores, leveraging its brick-and-mortar presence alongside a robust digital platform to cater to evolving consumer preferences. Navigating Challenges and Future Ambitions-Sephora under LVMH Ownership While challenges persist in certain markets like China, Sephora remains resilient, banking on innovation, strategic partnerships, and a keen focus on customer experience to drive towards its ambitious €20bn sales goal-Sephora under LVMH Ownership. Yasaswini

WWD BCEO Summit 🌴✨ was enlightening to be surrounded by so many wonderful and inspiring individuals. Beauty Barrage was delighted to host cocktails too! A few major takeaways, particularly from key retailers that left a lasting impression: * Ulta is opening 60 new doors this year, bringing the total to around 1,400 locations! * A remarkable 76% of Ulta’s sales come from in-store purchases * Customers visit Ulta for a shopping escape, making it a destination for experience as much as for beauty products. * SEPHORA shared plans for a multi million dollar US in-store renovation, with a plan to reach $2B in sales at Kohl's locations. * Shoppers spend an average of 45 minutes in-store and often come with friends, making it a social and enjoyable experience. Sure, AI is still the future, but it’s clear that the in-store experience remains a cornerstone of success and continues to drive customer loyalty and human engagement. 🏆 💄 This is where Beauty Barrage excels. Our team of experts specializes in crafting bespoke in-store experiences that resonate with your target audience, drive sales, and foster brand loyalty. 💡 Discover how our tailored approach can transform your retail space into a haven of human connection and engagement. 🌟 If you want to get in on the retail renaissance feel free to message me here so we can elevate your brand’s in-store experience together. #WWDBeautySummit #BeautyBarrage #BeautyIndustry #UltaBeauty #RetailInnovation #BeautyCommunity #InStoreExperience Sonia Summers Paula Scandone Alissa Spencer

2023: A New Milestone for LVMH! Breaking records and exceeding expectations, luxury powerhouse LVMH has just concluded an extraordinary year! With a remarkable 10% organic growth in the fourth quarter, LVMH has outperformed analysts' projections, leaving everyone in awe. The selective retailing unit, home to iconic names like Sephora, DFS, and Belmond Hotels, experienced an incredible 21% surge in growth! Thanks to the easing of travel restrictions, wanderlust souls indulged in unforgettable experiences, fueling this exceptional achievement. LVMH's full-year operating profit soared to a staggering €22.8 billion euros ($24.7 billion), marking an impressive 8% growth. This outstanding performance showcases LVMH's resilience and remarkable ability to adapt to ever-changing market dynamics. #LVMH #LuxuryMarket #LuxuryLifestyle

L’OCCITANE Group reports strong year-on-year performance 👏 The French premium beauty brand has revealed a 19.1% increase in net sales, to €2.54bn in the year ending 31st March. The strong performance of Sol de Janeiro has been partly credited to the uplift, as well as steady trading at the L'Occitane en Provence brand. Its omnichannel strategy continues to deliver a 'more balanced channel mix', with wholesale and 'other' becoming its biggest channel, accounting for almost 40% of sales. Online channels also performed particularly strongly with growth up by 25.2%. Laurent Marteau, CEO of L'Occitane Group, commented: "We remain cautiously optimistic about our performance in FY2025. However, the company’s additional investments in marketing, IT and supply infrastructure and people and planet investments will continue to weigh on our profit margins in the months and years ahead." “These investments remain necessary for each of our brands to grow as competition in the global skincare and cosmetics industry intensifies.” #News #Beauty #Cosmetics #Consumer #Sales #Revenue #Growth

Talk about a happy hump-day! 😁 Market leaders are committed to creating a truely omni-channel approach, and our partnership with L'Oréal proves just that! Website, Operations and Marketing via a single partner is the best way to ensure a successful and cost-effective DTC offering. Read more about it in our THG Ingenuity blog here: 👇 #DTC #Loreal #Beauty #THG #Omnichannel

Cases of celebrity owned retail brands date back to at least the 1800s, but what was once a relatively minor trend has now blossomed in recent years. Download JLL’s latest retail research report and learn what we’ve uncovered about the distinct stages of “The Lifecycle of Celebrity Retail.”

Retail Store Tours - The Top Ten Retailers for the Human Touch in Spring 2024 are listed below. The human touch and the ability to empathize with customers is crucial to retail and overall business success. The Intelligent Engagement Index recognizes Nordstrom, Tiffany & Co., Hermès, Wegmans Food Markets, B&H Photo Video, Alo Yoga, Tesla, Gucci, APL (Athletic Propulsion Labs), CHANEL. The Intelligent Engagement Index is a tool to help retail and brand executives identify factors driving sales in real time with the goal of improving company performance. It helps retail executives, financial analysts and shopper marketers stay ahead of changes in shopper behavior and develop growth-driving programs based on real time feedback.

LVMH Q4 2023 🇫🇷 "While remaining vigilant in the current context, we enter 2024 with confidence, backed by our highly desirable brands and our agile teams." - Bernard Arnault Organic Revenue Growth by Business Group #luxurybrands #fashionindustry :