Sephora 5th Avenue Store

Ulta, Sephora and Amazon: Where Is the $56.4b U.S. Beauty Retail Market Headed

LVMH just released its first-half 2018 financials, and by all accounts, its retail beauty brand Sephora is off to a good start this year. While the company doesn’t break out sales of Sephora in its Selective Retail reporting group, it revealed LVMH Selective Retail grew 9% over the same period the previous year and bragged: “Sephora achieved […]

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lv or hermes

Louis Vuitton or Hermès: Which Brand Wins in the Battle for Authenticity?

Today we live in an age of authenticity. Authentic brands, authentic communications and authentic relationships with consumers is demanded. An overwhelming 86% of consumers say brand authenticity is important when deciding which brands to support, according to a study conducted by Stackla. These findings were validated by another global study by Cohn & Wolfe. In that survey of […]

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Amazon Marketplace

Is Amazon Marketplace a Place You Should Be?

Amazon Prime Day, billed as the “biggest shopping event ever,” has come and gone. Along with the reported 100 million products that were sold over the course of the 36-hour sales event that ended July 18, over $1 billion in sales were credited to small and medium-sized businesses listing products on Amazon Marketplace. According to […]

bow-tie-businessman-fashion-man

Testosterone Is the Hormone that Drives Men Wild for Luxury

Consistently in my research with luxury consumers, I have found men more predisposed than women to luxury purchases. They typically spend more on luxury goods and services than women in Unity Marketing surveys and are more willing to own interest in luxury consumption in interviews and other qualitative research. I’ve attributed these gender differences in […]

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Chanel No. 5

Chanel Reveals Financial Secrets: Why Now, What’s It Mean?

With much fanfare, the New York Times reported “Chanel publishes annual results for first time in 108 years.” In it Chanel announced it reached just shy of $10 billion in sales in 2017. However, while that headline is strictly accurate, it is not precisely correct. Enterprising investigative reporters at French newspaper Le Monde and Swiss business magazine Bilan, gained access […]

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