Lacoste

HAVAS' LATEST PROSUMER REPORT DEMONSTRATES GROWTH IN THE $1.6 TRILLION LUXURY MARKET--BUT ONLY FOR SOME

Retrieved on: 
Wednesday, March 27, 2024
Culture, Growth, Museum, Beauty, Travel, ALL, LVMH, Restaurant, Creativity, Boucheron, Lacoste, Gen, Prosumer

PARIS, March 27, 2024 /PRNewswire/ - Today, BETC Havas unveiled the latest edition of its Prosumer Report, "The Luxury Issue," discussing the economic changes that have affected the luxury goods market and the steps marketers can take to continue its growth.

Key Points: 
  • PARIS, March 27, 2024 /PRNewswire/ - Today, BETC Havas unveiled the latest edition of its Prosumer Report, "The Luxury Issue," discussing the economic changes that have affected the luxury goods market and the steps marketers can take to continue its growth.
  • The global luxury market will continue to grow, propelled in part by indulgence-minded millennials and Gen Zs.
  • The Global luxury brands, however, will need to adapt to keep up with these seismic shifts.
  • 100% of Gen Z Prosumers asserted that luxury items are essential, a stark contrast to the mere 50% acknowledgement from their boomer counterparts.

Coty Delivers Strong Q2 and 1H24 Results with Growth Ahead of Beauty Market

Retrieved on: 
Wednesday, February 7, 2024
Cosmetics, Retail, Elixir, Coty Inc., EPS, CoverGirl, Holiday, Davidoff, Consumer, Common stock, Philosophy, Social media, COTY, FX, Record, Share repurchase, LFL, Growth, Science, Inc., Lacoste, Recycling, JAB, Skin, Beauty, Parental leave, Travel, Table, GAAP, Burberry, Marni, Music

The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.

Key Points: 
  • The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.
  • In Q2, Coty also saw double-digit percentage LFL revenue expansion in prestige cosmetics, with strong momentum in Kylie, Burberry and Gucci.
  • Coty's Consumer Beauty Q2 revenues grew by 7% as reported and 5% LFL, growing in-line with the global mass beauty market.
  • The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

Sizing Technology Specialist Helps US Fashion Retailers To Face A Hard Truth

Retrieved on: 
Tuesday, February 6, 2024
Online, Lacoste, Habit, Crave, Clothing, Online shopping

By capitalizing on changing consumer purchasing behavior, US fashion brands have the opportunity to reduce waste, minimize returns and improve conversion rates.

Key Points: 
  • By capitalizing on changing consumer purchasing behavior, US fashion brands have the opportunity to reduce waste, minimize returns and improve conversion rates.
  • Online sizing technology specialist, Makip , which recently launched in the US, is on a mission to make it possible for US retailers to better inform consumers about the sizing of garments when purchasing online, so that they buy the right-sized item each and every time.
  • Shingo Tsukamoto, President of Makip, said, "What US customers are craving is virtual sizing technology that recognizes their unique body size requirements.
  • The Tokyo-based company supports over 300 online retail/eCommerce sites and popular fashion brands including Tommy Hilfiger, Lacoste and New Balance, with its innovative sizing technology, and launched in the UK in spring 2023.

Inter Parfums, Inc. Announces Initial 2024 Guidance

Retrieved on: 
Tuesday, November 21, 2023
Fashion, Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Montblanc, GUESS, Acquisition, Van Cleef & Arpels, DKNY, Abercrombie & Fitch, Piccolo uomo, Growth, Legend, Travel, Security (finance), Tourism, Lacoste, Cavalli

Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.

Key Points: 
  • Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Inter Parfums” or the “Company”) today announced that it expects 2024 net sales of $1.45 billion, resulting in earnings per diluted share of $5.15.
  • Guidance for 2023 and 2024 assumes that the average dollar/euro exchange rate remains at current levels.
  • For Montblanc, we have an extension of the Legend line in early 2024, followed by a new four-scent premium collection.
  • “With shipments of Cavalli and Lacoste fragrances beginning in January, their combined fragrance sales should add approximately 7% to our topline growth in 2024.

UAE Buy Now Pay Later Business Report 2023: Domestic BNPL Firms are Expanding their Regional Operations to Accelerate Growth - Forecasts to 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 20, 2023
Professional Services, Business, Finance, Face, Lacoste, BNPL, Product analysis, Insurance, Cashew, Internet, Consumer, Business model, Partnership, Growth, Travel, Education, Retail, Food delivery, Drug, Marketing, Online shopping, Emirates, Tabby cat, Emirati

BNPL payments in UAE are expected to grow by 19.6% on an annual basis to reach US$2.6 billion in 2023.

Key Points: 
  • BNPL payments in UAE are expected to grow by 19.6% on an annual basis to reach US$2.6 billion in 2023.
  • The BNPL Gross Merchandise Value in the UAE will increase from US$2.2 billion in 2022 to reach US$4.7 billion by 2028.
  • The BNPL payment industry in UAE has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
  • The robust Internet infrastructure coupled with the surging e-commerce market and digital payment ecosystems has supported the growth of the buy now pay later (BNPL) industry in the United Arab Emirates (UAE).

Transformative Artistry by Vietnamese Artist Tia-Thuy Nguyen: 'Flower of Life' Blooms at Château La Coste

Retrieved on: 
Monday, November 20, 2023
Primary energy, Woman, Observation, Creativity, National academy, Regeneration, Flower, Multimedia, Nature, Lacoste, Exhibition, Aix-en-Provence, Fine art, Flower of Life, Art, Life, Sunlight, Architecture

Through the eyes of artist Tia-Thuy Nguyen, the dead tree is the beginning of a new chapter.

Key Points: 
  • Through the eyes of artist Tia-Thuy Nguyen, the dead tree is the beginning of a new chapter.
  • Tia-Thuy Nguyen exhibiting her artwork at Château La Coste for the third time demonstrates recognition and appreciation for her work and influence.
  • Château La Coste is an art garden located in the Aix-en-Provence region of southern France.
  • "Flower of Life" exhibition by artist Tia-Thuy Nguyen will open from 18th November 2023 to 30th January 2024, at Château La Coste, 2750 Route De La Cride, 13610 Le Puy-Sainte-Réparade, France.

Transformative Artistry by Vietnamese Artist Tia-Thuy Nguyen: 'Flower of Life' Blooms at Château La Coste

Retrieved on: 
Monday, November 20, 2023
Primary energy, Woman, Observation, Creativity, National academy, Regeneration, Flower, Nature, Lacoste, Exhibition, Aix-en-Provence, Fine art, Flower of Life, Art, Life, Sunlight, Architecture

Through the eyes of artist Tia-Thuy Nguyen, the dead tree is the beginning of a new chapter.

Key Points: 
  • Through the eyes of artist Tia-Thuy Nguyen, the dead tree is the beginning of a new chapter.
  • Tia-Thuy Nguyen exhibiting her artwork at Château La Coste for the third time demonstrates recognition and appreciation for her work and influence.
  • Château La Coste is an art garden located in the Aix-en-Provence region of southern France.
  • "Flower of Life" exhibition by artist Tia-Thuy Nguyen will open from 18th November 2023 to 30th January 2024, at Château La Coste, 2750 Route De La Cride, 13610 Le Puy-Sainte-Réparade, France.

UAE Buy Now Pay Later Business Report 2023: BNPL Payments to Grow by 19.6% to Reach $2.6 Billion in 2023 - Forecasts to 2028

Retrieved on: 
Friday, November 17, 2023
Face, Lacoste, BNPL, Insurance, Cashew, Internet, Consumer, Business model, Partnership, Growth, Travel, Education, Retail, Food delivery, Drug, Marketing, Online shopping, Emirates, Tabby cat, Emirati

BNPL payments in UAE are expected to grow by 19.6% on an annual basis to reach US$2.6 billion in 2023.

Key Points: 
  • BNPL payments in UAE are expected to grow by 19.6% on an annual basis to reach US$2.6 billion in 2023.
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.3% during 2023-2028.
  • The BNPL Gross Merchandise Value in the UAE will increase from US$2.2 billion in 2022 to reach US$4.7 billion by 2028.
  • The BNPL payment industry in UAE has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.

Coty Delivers Very Strong Start to FY24 with Growth Ahead of Beauty Market

Retrieved on: 
Tuesday, November 7, 2023
Fashion, Luxury, Cosmetics, Retail, Specialty, Elixir, Aroma compound, Social media, Consumer, FX, COTY, Travel, EPS, Partnership, Château Bélair-Monange, CET, Philosophy, Visibility, COGS, Yoy, Sale, Coty Inc., Carbon, GAAP, Internet, Trust, Marketing, Lacoste, Sport, Sustainability, Beauty, ESG, Adidas, Common stock, Growth, Burberry, Share repurchase, Female, NYSE, LFL, EBITDA, Senior, Inc., Table, Renewable energy, Music, Perfume, Pharmaceutical industry, Financial services, Cryptocurrency, Security (finance), Telescopic sight, Bookkeeping, Commercial property, Q3, Coty, Euronext Paris, CoverGirl, Prestige, Nautica, Wella, Q1, Risqué, Rimmel

The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.

Key Points: 
  • The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.
  • Prestige revenues grew at a very strong rate in Q1, accelerating to 23% growth as reported and 22% growth LFL.
  • The Consumer Beauty business saw particular momentum in e-commerce, with over 25% LFL sales growth, delivering share gains in the channel.
  • The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Results

Retrieved on: 
Tuesday, November 7, 2023
Fashion, Other Retail, Cosmetics, Retail, Specialty, Lacoste, Salvatore Ferragamo S.p.A., Share repurchase, Advertising, Tobacco Advertising and Promotion Act 2002, Growth, Montblanc, Investment, Cryptocurrency, Pharmaceutical industry

“North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.

Key Points: 
  • “North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.
  • The Company’s regular quarterly cash dividend of $0.625 per share will be paid on December 31, 2023, to shareholders of record on December 15, 2023.
  • Over the course of the first nine months of 2023, the Company repurchased 85,060 shares at a cost of $11.3 million.
  • Management will host a conference call to discuss financial results and business developments beginning at 11:00 am ET on Wednesday, November 8, 2023.