Prestige Beauty Stumbles in UAE: BW Confidential

With Russian tourists curbing their travels, Chinese tourists spending less and visitors from Saudi Arabia cutting back on visits to the Emirates, the prestige beauty market has taken a severe hit in recent months.

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BW Confidential: Koreans Prefer Local Beauty Brands

It is estimated that only 15 percent of South Korea’s beauty market is taken up by international brands. Korea’s two market leaders alone, account for between 55 percent and 70 percent of sales, and continue to see impressive growth rates.

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BW Confidential: Spotlight on Poland

The prestige cosmetics market is anticipated to grow by 6% between 2014 and 2017, to reach $141 million, according to KPMG’s latest report on the luxury market in Poland.

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BW Confidential Explores Spain’s Beauty Market

Things are finally looking up for the Spanish beauty market.
“The market is very dynamic, especially in fragrance,” said Isabel Alonso, Executive Director, NPD Beauty Spain, adding that fragrance and makeup are seeing relatively strong growth, boosted by new products.

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