That Is Why Expert Splendor Stores Might Be Your Next Investment

Consumers in U.S., Europe and the U.K. are increasingly favoring specialist retailers when purchasing their beauty products, a UBS report showed Monday.
Specialist beauty retailers include L’Oreal, Sephora, Boots and Estee Lauder.
“We see scope for a channel shift in favor of specialist retailers.
23 percent of consumers surveyed are planning to purchase more items at specialist stores, the highest rate among all the channels covered in our survey,” UBS analysts said in its “Who’s winning with specialist retailers” report, which covered data from eight million records.
The shifting trend in consumer habits poses another threat to department stores at a time when they’re already being impacted by a growing preference for online shopping.

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