Brexit offers boost for beauty sales as consumers continue to spend

Published: 19-Feb-2019
Finance Retail

New survey says UK shoppers will not change their spending habits ahead of Brexit

You need to be a subscriber to read this article.
Click here to find out more.
Brexit offers boost for beauty sales as consumers continue to spend

The UK’s impending departure from the EU will not affect consumer spending according to a new survey by PwC.

According to the 2019 Retail Outlook survey 60% of consumers say their spending habits will be unaffected by Brexit, with that figure rising to 70% for consumers in the North East.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Finance
UK high street closures at a record high

UK high street closures at a record high

Read more
Largest full net decline breaches 2,400 for the first time, says PwC

Trending Articles

  1. L’Oréal to snap up Gucci Beauty licence from Coty earlier than expected L’Oréal, Coty and Kering have come to an agreement for the early transfer of the Gucci Beauty licence and a termination fee of £400m will be paid to incumbent Coty
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Curated beauty boxes are making talent partnerships more authentic than ever before Edit boxes are growing in popularity, offering an authentic collaboration between beauty brands and talent. This move, to tap into personal recommendations truly loved by the partner versus simply slapping a name onto a new sku, can lead to new audiences for brands and retailers and a more authentic entry into beauty for talent
  3. LVMH CEO Bernard Arnault ordered to pay €22.5 million taxes A court in France has allegedly ruled that LVMH boss Bernard Arnault must pay taxes related to previous years in a long-running dispute
  4. Refy teams up with Sephora to try and conquer the EU Refy’s entry into Sephora Europe in 13 countries marks the viral make-up brand’s biggest retail expansion to date
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    Analysis: How can Coty plot its fragrance future without Gucci? Coty has work to do to fill a Gucci-sized gap in its fragrance portfolio, with L’Oréal set to take on the licence in 2028. Cosmetics Business speaks to experts about what the beauty conglomerate needs to do next

Upcoming event

Anti-Ageing & Skin Health: The Actives Driving Growth

10 September and 17 September 2026 | Virtual See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Finance
UK high street closures at a record high

UK high street closures at a record high

Largest full net decline breaches 2,400 for the first time, says PwC
You need to be a subscriber to read this article.
Click here to find out more.
Retail
Christmas shoppers expected to bring festive cheer to UK retailers this season

Christmas shoppers expected to bring festive cheer to UK retailers this season

Consumers expected to spend an average of £420 on gifts this Christmas, according to PwC
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics
Aora makes history as Sephora's first fully plastic-free beauty brand

Aora makes history as Sephora's first fully plastic-free beauty brand

The Mexican-born luxe make-up brand will enter Sephora US on 17 July, making history as the retail giant’s first fully plastic-free beauty brand
Finance
Natura Q2 revenue set to drop 9% following Brazil sales slump

Natura Q2 revenue set to drop 9% following Brazil sales slump

The cosmetics company has shared preliminary information ahead of releasing its Q2 2026 financial results, citing struggles in the Brazilian market and product shortages among the reasons for its year-on-year revenue decrease
Finance
Estée Lauder Companies restructuring costs rise again to $1.75 billion

Estée Lauder Companies restructuring costs rise again to $1.75 billion

Additional restructuring costs related to Estée Lauder Companies’ ‘Beauty Reimagined’ turnaround plan have been revealed in new financial filings
Fragrance
Essential Parfums receives investment from Style Capital to support international expansion

Essential Parfums receives investment from Style Capital to support international expansion

The fast-growing Parisian niche fragrance house has been backed by private equity firm Style Capital, with the aim of taking Essential Parfums to the next level in terms of product offering and distribution
You need to be a subscriber to read this article.
Click here to find out more.
Finance
Fake followers, real risks: 5 ways brands can deal with social media impersonators

Fake followers, real risks: 5 ways brands can deal with social media impersonators

Fraudulent accounts on social media pretending to be beauty companies is a growing issue, posing a threat to customer safety and brand integrity. Iona Silverman from law firm Freeths reveals what entrepreneurs should do when fake accounts appear
Subscribe now