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This retail channel is in a high-growth mode
Beauty stores are hot — and shoppers around the globe can’t seem to get enough of them.
With hundreds of new door openings during 2015-2016, boutique beauty stores remain on a high growth trajectory, according to an upcoming study from market intelligence and research firm Kline.
Vertically integrated beauty specialty stores offering an immersive, single brand experience and supported by cult-like followings of younger generations, including millennials, are seeing expansion across multiple countries, the report finds.
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Millennial women want more green beauty products
A new Harris Poll survey reports that a majority of women over the age of 35 believe buying green beauty is important to them, while an even larger percentage of millennial women seek out cleaner, all-natural products.
According to Allure magazine, the second-annual Green Beauty Barometer asked 1,126 women across the country, aged 18 and older, to “measure their attitudes and purchase behaviors toward all-natural beauty products.” And the results were loud and clear: Young women want cleaner, greener beauty.
