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Beauty & fashion

WHAT'S NEXT?: Wearables, 3D printing, sensors and other technological advancements are likely to change the world of perceived beauty and fashion towards more integrative, online services. Find out how body scanners and conductive clothing will help us live better, more healthy lives and the downside risks emanating from those who would seek to interfere with them.

  • [New] Sales at fashion retailer H&M grew less than expected in the three months to the end of August, staying below pre-pandemic levels as restrictions kept shoppers away from stores. The Globe and Mail
  • [New] There's even a tongue-in-cheek economic theory called the Lipstick Index that argues that sales of cosmetics will always rise during bad times because they are a relatively affordable luxury. marketcap.com
  • [New] The beauty and personal care industry is quickly expanding, with experts projecting $500 billion in revenue in 2021 and double-digit growth through 2025. PYMNTS.com
  • [New] 2 in 5 U.S. shoppers expect AR to be available to visualize products when they are shopping for clothes, beauty, furniture, luxury or cars. AR Insider
  • [New] Asia Pacific is expected to be the fastest developing region in the spirulina market, majorly driven by the rising demand of spirulina from various industries such as cosmetics, food & beverage and others. Business Standard News
  • [New] With 20% of the world's cotton supply coming from the Uyghur region, forced labor is an issue that puts the large portion of the fashion industry at risk. World Uyghur Congress
  • [New] The number of online shoppers in India is expected to reach 500 million by 2030, with grocery, fashion, health, beauty and personal care being the most searched product categories, a new report said. ETRetail
  • [New] The fashion industry functions on the back of a complex and global supply chain and has been identified as among the top two products most at risk of having modern slavery present along the supply chain. MDPI
  • [New] Furniture, food and beverage, and health and personal care are the only other categories we forecast will grow more than 20% YoY in 2021. Ecommerce News
  • [New] Two of the world's leading beauty brands are joining forces to throw their weight behind a campaign to call on the EU and UK Government to protect the ban of animal testing in cosmetics following recent threats to Europe's longstanding ban. PR Week
  • [New] India could fashion itself into a global hub for the production and import of green hydrogen in the coming years. Times Now
  • [New] Health & beauty e-commerce will grow more than three times faster than store-based retail over the next five years as the Covid crisis and shuttered high street shops resets shopping habits. KamCity
  • Over the forecast period, increasing awareness of changing beauty trends and the availability of new and more efficient products in the markets of India, China, South Korea and the Philippines, among others, will drive the regional market. Market Research Future
  • The fashion and apparel industry, including clothing, shoes, bags, and accessories, was estimated at over $0.5 trillion in 2019 and is expected to exceed $1 trillion by the end of 2025. February 2020
  • 76% of people who have never resold clothing are now open to trying it and it's predicted that the resale market will be bigger than fast fashion by 2029 thanks to the rise in popularity of resale platforms. Woman & Home
  • The Welsh Government hopes that private developers to adopt the 'Welsh Development Quality Requirements 2021 - Creating Beautiful Homes and Places', by 2025. Deeside.com
  • In Europe alone, sales of natural and organic cosmetics have grown at an average of over 7% per year over the past five years and are expected to reach 5 billion euros by 2023. Unido
  • The Welsh Government has unveiled its 'Welsh Development Quality Requirements 2021 - Creating Beautiful Homes and Places' standards which it hopes private developers will adopt by 2025. Renewable Energy Installer
  • The rapid spread of the Delta variant in the United States is delaying the return to offices and threatening the return of in-person learning. Reuters
  • Chocolate, gin, buses and clothes are among British products that could see tariffs of up to 10% removed, encouraging New Zealand to buy British. GOV.UK
  • Retailer Woolworths now sells Levi's and plans to introduce more guest brands as part of its efforts to overhaul its fashion business, which has consistently underperformed in recent years. BusinessInsider

Last updated: 20 September 2021


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