One on One WELLNESS MANAGEMENT’s Post

The first big buyout in Beauty is already upon us! Showing that the industry is still booming from the incredible deals we saw at the end of 2023! Is invest or a sale in your business strategy in the next 5 years? Let’s jump on a call to get your destination strategy on a roll to make this happen #altitude #beauty #buyouts #strategy #investors #investments

🔥🪇 Sambaaaaaa for L'Occitane Group (+24%), on fire by Sol de Janeiro +188% 🪇🔥 Sol de Janeiro: A standout highlight is Sol de Janeiro (available in Australia at Mecca), the Brazilian skincare brand acquired by L’Occitane. Its sales witnessed an extraordinary surge of 188 per cent, reaching €270 million ($454 million), surpassing its previous annual sales. This remarkable growth was propelled by a successful summer campaign and the introduction of new products. L’Occitane has unveiled a robust financial performance for the first half of its 2024 fiscal year, with total net sales surpassing €1 billion ($1.8 billion). This achievement represents an impressive increase of 18.5 per cent at reported rates and a remarkable 24.9 per cent growth at constant rates, with a significant portion of this success attributed to the exceptional performance of Sol de Janeiro and the continuous expansion of L’Occitane en Provence, particularly in the resurging Chinese market.

In the first half of 2024, the Czech #retail market saw a record entry of 20 new brands. Cushman & Wakefield Newcomers H1 2024 report include highlights of luxury names like Balmain Hair Couture, Parfums Christian Dior or Le Labo. Notably, Prague welcomed 19 of these brands, with diverse sectors represented from health and beauty to food and electronics. This trend underscores the growing attractiveness of the #Czech market for premium and diverse retail offerings, reflecting evolving consumer preferences for quality and variety. Find out more in the Forbes Česko article: https://lnkd.in/dydz4C-U #Newcomers #CWRetail

2023: New record year for LVMH LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022. All business groups reported strong organic revenue growth, with the exception of Wines & Spirits, which was faced with a high basis of comparison and high inventory levels. Europe, Japan and the rest of Asia achieved double-digit organic growth. In the fourth quarter, organic revenue growth came to 10%.

#professionals #lovewhatyoudo A few months ago, Tonic Juice Bars was approached to collaborate with one of Dubai's top event management companies on none other than the Sol de Janeiro 11-day marketing activation podium at The Dubai Mall. HOW LUCKY CAN WE GET??! 😁😁 Do I hear you ask who Sol de Janeiro is? 🤔 1) Founded in Brazil in 2015, Sol de Janeiro manufactures body creams & mists. They achieved cult status in 2023 through social media, with retail sales of their famous Bum Bum cream rising 29% year on year. 2) At the end of 2021, L’OCCITANE Group acquired Sol de Janeiro. The result? A staggering 174% sales increase, reaching $454 million by end of Sep 22. 😱 3) In 2023, Sol de Janeiro became Sephora’s biggest-ever body care seller. To celebrate, they partnered with a star actress for their summer campaign, boosting overall sales by a further 33%. These guys can't go wrong! 🪙🪙 Leading up to the event, it quickly became apparent what type of people we were working with. EVERYTHING was done right. Everything is always done right. No cutting corners. I don't know how to cut corners in business. There's a market for these people, but it’s not mine. 🙅♀️ Even if it's 'just' operating and delivering thousands of branded coconuts. Consequently, we’re often viewed as expensive. I prefer to think that some customers just aren’t my customers. ⭐⭐Moral of the story: Work with people who emulate you! It’s a much more enjoyable and sustainable ride! ⭐⭐

How has the puig group managed to buck the trend of big growth for three years in a row? 📈 Find out more via this video. #puig #fashionbusiness #luxury #trends 

LVMH Moët Hennessy Louis Vuitton yesterday posted a -1% year-on-year drop in reported revenue (+2% organic) to €41.7 billion in the first half of 2024. The performance came in the face of what the French luxury and premium goods giant described as an “uncertain” geopolitical and economic environment. Travel retailer DFS Group saw business activity remain below the pre-COVID level, with its business being affected by what LVMH called “marked differences” in tourist traffic across its various destinations. Read more, including a detailed breakdown of the LVMH H1 financial performance via the link. #travelretail #luxury #dutyfree Benjamin Vuchot Christophe MARQUE https://lnkd.in/dG-kP3iZ

Agencia EFE #companies : The #Ximenez #Group, a lighting company based in #Córdoba, has strategic plans to #expand its #global #footprint, prioritizing key #markets such as the #United #States, Mexico, the United Kingdom, and the #Middle #East. This #expansion aims to #provide the #company with a #seasonal #business adjustment while #maintaining its commitment to #illuminating festive occasions, #including the #celebration of Christmas. #XimenezGoesGlobal #EFEInsights #GlobalIllumination #XimenezLightsUpTheWorld #EFEInTheNew #XimenezGlobalJourney #GlobalBusinessStrategies #EFEInternationalCoverage #LightingInnovation #XimenezGlobalPresence #EFEUpdates #GlobalMarketExpansion #XimenezLightsBeyondBorders #EFEGlobalOutreach

Completato questo percorso : The Luxury industry, its key challenges with specialitation in Creation & Branding and Operation&Supply Chain presso LMVH!