Photo: Courtesy Farfetch
Attention all beauty shoppers, we have some news for you. Starting today you’ll have a new online store to snag all your favorite beauty wants and needs from — introducing: Farfetch Beauty.
In case you are unfamiliar, Farfetch is a British-Portuguese online retail platform that sells luxury fashion items from boutiques and brands around the world. Today, the company is entering the world of cosmetics with the launch of Farfetch Beauty. The platform launched with over 100 partners featuring powerhouse luxury brands, indie brands, and everything in between. To give you insight, some of the brands included are Olaplex, Charlotte Tilbury, La Mer, and so many more. The launch of these brands coincides with the wider Farfetch group’s existing beauty offerings of Browns, Off-White, and Violet Grey.
With this launch being so important to the company, Chief Brand Officer of Farfetch, Holli Rogers stated that beauty is such an important way for people to be able to express themselves and their individuality – it’s transformative. “We took this as an opportunity to shake up the online beauty retail experience by bridging fashion and beauty to appeal to our existing audience of fashion lovers,” she says. Adding, “We knew we had to offer beauty in an ‘only on Farfetch’ way – combining our know-how in bringing together a diverse community of expert voices that resonate with the modern beauty customer and their needs.”
But wait, there’s more. Farfetch also announced its first-ever Beauty Global Collective. Think of this as a social network to communicate and engage with beauty experts and founders. The collective will be led by a Curator-in-Chief who will be announced next month and joined by Farfetch Global Advisor Cassandra Grey, makeup artist Erin Parsons, board-certified dermatologist Michelle Henry, MD, and more.
You’ll even be able to shop experts’ favorite products through their personal Edit pages. Take cosmetic chemist Michelle Wong, for example, who has Boy Smells Candles and a bunch of Charlotte Tilbury picks on her page.
Once you join the network (for free, of course) and begin to share beauty tips and advice, you’ll earn points to your account, helping you level up from Fan to Expert to, eventually, Pro. With these points, you can secure exclusive discounts and early access to sales.
So, what are you waiting for? Head over to Farfetch.com to join the community and start adding to your cart to rack up those points. If the stars align, we’ll be seeing a lot of Farfetch beauty sales in the near future.
Originally published in Allure.com
Photo: Courtesy Farfetch
Google wants to make it easier for consumers to find the fashions they want.In a blog post Thursday, Google’s Stephanie Horton, director of commerce marketing, said to make online shopping even easier “and more fun, we recently added more browsable search results for fashion and apparel shopping queries. So when you shop for apparel or accessories on Google — like chunky loafers, a lime green dress or a raffia bag — you’ll scroll through a visual feed with various colors and styles, alongside other helpful information like local shops, style guides and videos.”
Horton also shared recent consumer research and search data relating to fashion trends this spring. Horton said some of the top trends right now are Y2K fashion looks, with “products like bucket hats, hobo bags and ankle bracelets” trending as well as the “iconic Clinique ‘Happy’ perfume, Prada crochet bags and linen pants.”
Regarding the consumer survey, Google found that most fashion, beauty and home shoppers “spend up to two weeks researching clothes or beauty products before they buy them. Many, though, are shopping online just for fun — 65 percent say they often or sometimes shop or browse online when they’re not looking for anything in particular.”
Google’s survey also showed that 60 percent of shoppers say they often or sometimes find inspiration for purchases when they are not actively shopping. For example, 39 percent of respondents seek a specific look or outfit after spotting it on someone else or seeing it online. The poll found that 48 percent of respondents have taken a screenshot of an item they liked, and 70 percent said they searched or bought that item afterward.
The company said this is where its Google Lens app can help. “Just snap a photo or screenshot, and find exact or similar results to shop from,” Horton said.
And to help shoppers try on before they buy, Horton said Google’s AR Beauty was launched “to help users make informed decisions while shopping for cosmetic products online — so you can discover and try on thousands of products from brands like MAC, Estée Lauder and Charlotte Tilbury.”
Consumers can search, discover and try on cosmetics from “a variety of brands carried at Ulta Beauty right in Google Search,” she stated.
Yes, it’s that time of year again! Holiday season is just around the corner, so if you’re wondering what to gift the special woman in your life, look no further than our carefully curated wishlist. From sentimental jewels to high-fashion handbags, there’s something for everyone in Vogue Arabia’s festive gift guide.
Take inspiration from Olivia Von Halle’s glorious silk robes and pyjama sets for a special someone who loves to lounge, Prada’s OTM Symbole sunglasses, or a classic Hermés silk scarf and some Gucci leather gloves in bold red. What about the woman who’s obsessed with decorating her house? Consider a scented candle by Diptyque or a novel keepsake box.
If you have a ‘Carrie Bradshaw’ in your life, there’s only one way to her heart: shoes. Treat her to a pair of Aquazzura’s pink bow-tie plexi pumps, or everyone’s favorite Swarovski crystal-embellished heels by Mach & Mach – it doesn’t get more special than that.
No matter the cost, diamonds will always and forever be a girl’s best friend. Look to Chopard or Tiffany for some of the best in bling – these picks promise to be stocking fillers that will last a lifetime. Scroll to find the perfect match for your loved ones, just in time for Christmas and the new year.
Chain pouch bag, Bottega Veneta. AED 14,000
Michael Aram butterfly gingko keepsake box, Amara. AED 953
Happy Hearts cocktail pendant, Chopard. AED 79,421
Rose gold carousel and baies scented candle set at Net-A-Porter, Diptyque. AED 662
Pea coat, Fendi. AED 19,250
Leather gloves with horse bit, Gucci. AED 2,250
Brides De Gala Double Face Scarf 90, Hermés. AED 2,465
Queenie belted floral-print silk-satin robe, Olivia Von Halle. AED 2,675
Symbole sunglasses, Prada. AED 1,600
Bow-tie plexi pumps, Aquazzura. AED 2,433
68 boots in smooth leather, Saint Laurent. AED 6,500
Link earrings in 18k rose gold with pavé diamonds, Tiffany & Co. AED 46,273
Walmart continues to make gains in a turbulent retail environment thanks to its growing e-commerce, grocery and domestic businesses.
“We had another strong quarter in every part of our business,” Doug McMillon, president and chief executive officer of Walmart Inc., said in a statement. “Our global e-commerce sales are on track to reach $75 billion by the end of the year, further strengthening our position as a leader in omnichannel. We grew market share in U.S. grocery, added thousands of new sellers to our marketplace, rapidly grew advertising businesses around the world and we’re finding innovative new ways to commercialize our data and build technology. We have a unique ecosystem of products and services designed to serve customers in broader, deeper ways and we’re grateful to our associates for making it all happen.”
Tuesday morning’s earnings results revealed total company revenues for the three-month period ending July 31 were up 3.3 percent to $141 billion, compared with nearly $138 billion a year earlier. Sales in the U.S. division increased 5.3 percent to $98.2 billion, up from $93.3 billion a year earlier. Revenues at Sam’s Club rose nearly 14 percent during the quarter, year-over-year, to $18.6 billion, up from $16.4 billion a year earlier. E-commerce sales in the U.S. rose 6 percent during the quarter, year-over-year, or 103 percent compared with 2019’s second quarter. Comparable grocery sales in Walmart U.S. were up 6 percent, year-over-year, driven by growth in stores.
Across categories, things like grocery, health and wellness, apparel, automotive, travel, party supplies and back-to-school essentials, such as lunch boxes, backpacks and stationery, were in demand during the last three months, as consumers increasingly flocked to physical locations.
“Customer behaviors changed during the quarter as people were shopping with us more in stores than online,” McMillon told analysts on Tuesday morning’s conference call. “I think some people view stores these days as boring; we don’t. The good news for us is that we can serve them either way. And of course, they get to choose.
“We’re focused on, how do we do a better job with all the inputs related to omni?” the CEO continued. “And that’s hard work. And building digital products that marry e-commerce with stores takes more work than just building an e-commerce solution; [it] takes more time, takes more complexity, but that’s where the secret sauce is. And if we can continue to blur the lines so that customers and members can shop however they want to shop, whenever they want to shop, the output metrics that we sometimes measure of e-comm versus store growth, for example, they’ll be what they are. But this quarter is kind of a good example of the fact that we can be somewhat indifferent. We’re trying to build a model where we’re completely indifferent to top-and-bottom line [growth] as it relates to how people shop.”
Meanwhile, while in-store traffic continues to pick up steam, the e-commerce business holds its own with a sizable portion of overall sales.
“In some periods, in-store shopping will lead the way, and in some, e-commerce will lead the way, while we’re always striving for more in each part of the flywheel,” Brett Briggs, executive vice president and chief financial officer, said on the call. He added that online shopping revenues are not only on track to reach $75 billion this year, but also $100 billion in the near term.
To help the business grow even further, Walmart will continue to make investments “all the time,” said McMillon.
“We manage the short term and the long term,” he said. “As everybody knows, we’re a company that’s particularly focused on the long term, particularly focused on the top line, [in order to] manage the bottom line.
“The business is changing shape,” McMillon said. “And I think that’s the key. We’re not just buying and selling merchandise in Supercenters at this point. We’re changing how the company is comprised. If you look at — just imagine a bar charter revenue or a bar charter profitability — the mix is shifting. And that unlock, as we stick with it, creates a different financial equation than what we would have had years ago.”
Company headwinds included cost pressures in the supply chain, inflation and Walmart International, where revenues fell more than 15 percent to $23 billion, compared with $27.2 billion the same time last year.
While markets such as India, China and Mexico are rapidly expanding, Briggs pointed out on the call that “international divestitures significantly affect year-over-year comparisons.
“In addition, the pandemic continues to create both tailwinds and headwinds for the business. U.S. government stimulus benefited sales this year and last year, but many international markets continue to be negatively affected by COVID-19 and related government operating restrictions. COVID-19 costs remained elevated, but significantly lower than last year.”
The company logged $4.2 billion in consolidated net income as a result, down from nearly $6.5 billion a year earlier. Shares of Walmart were up just 0.4 percent at the start of Tuesday’s session as a result.
“Walmart’s same-store sales growth was the weakest in six quarters,” Garrett Nelson, senior equity analyst at CFRA Research, wrote in a note. “We also think current quarter [earnings-per-share] guidance of $1.30-$1.40 may be considered a modest disappointment in light of bullish back-to-school spending expectations. We maintain a ‘hold’ [on Walmart stock] on concerns related to margin contraction from slowing same-store sales growth and rising cost pressures.”
Still, Walmart raised its full-year outlook. The company is expecting net sales to increase 6 to 7 percent for the year, or by more than $30 billion, with earnings per share to be in the range of $6.20 to $6.35 apiece. The retailer is also anticipating sales in its international division will decline by about 21.5 percent and 22.5 percent in constant currency.
“Stores continued to validate Walmart’s ongoing investments as they were the key driver of the $1 billion increase in U.S. operating income on $5 billion in increased revenue, which is particularly impressive given the strength in its lower margin grocery-equivalent business that continues to grow share despite its massive scale,” said Charlie O’Shea, Moody’s vice president. “The meaningful upping of guidance for Q3 confirms our view that Walmart will continue to run on all cylinders, leaning heavily on its stores as it remains one of the premier global retailers by any yardstick.”
The retailer ended the quarter with $39.5 billion in long-term debt and $22.8 billion in cash and cash equivalents.
Shares of Walmart, which closed up 0.82 percent to $150.75 a piece, are up more than 11 percent, year-over-year.
Walmart is also requiring all U.S. teams above store and club level to be fully vaccinated by Oct. 4.
Reporting more than 17 million consumers joining Afterpay, since its inception, the company is processing over $1 billion in sales per month — making the North American market the largest contributor to its underlying sales.
According to the company’s latest biannual fashion and beauty trend report, Americans and Canadians represent more than 8.1 million of Afterpay’s growing consumer base. Consumers in Brooklyn, Chicago, Los Angeles, Philadelphia and Houston are doing the most shopping. Notably, since the company’s last report Afterpay’s North American consumers have changed a preference from shopping later in the day to shopping during pre-work hours.
The North American consumer segment is shopping for beauty with an average of four beauty items in checkouts — consistent with last season — and an average checkout of four items when shopping ready-to-wear as consumer trends transition to a preference for monochrome tones, including items such as bodysuits and rompers. Moreover, according to Afterpay’s report, casual fashion is still present, sweatpants, athleisure and nightwear continue to top shopping carts, however, Afterpay shoppers are also beginning to purchase workwear including pumps, work trousers and bodysuits. Authors of the report noted this data may suggest consumers’ looking toward the end of lockdown as vaccinations continue to roll out with travel becoming more accessible and buyers purchasing more duffel bags, swimsuits and sunglasses.
The top three prints for North American shoppers this season were found to be pique, chambray and monogramed or logo with the top three hues found to be chocolate, metallics and plum.
In beauty, the report reveals skin care remains a top priority from shoppers with face rollers, and oils seeing increasing purchases as consumer behavior continues to favor at home treatments. CC cream, sunscreen and nail polish were also bought frequently. Afterpay’s consumer psychologist, Shakaila Forbes-Bell, said these products are likely to remain top of mind as consumers continue to prioritize fresh skin and hold off on returning to a full makeup routine.
Afterpay campaign billboard.
To better understand the findings of the report and the role of fashion in culture and society, Afterpay hosted a panel of experts on Clubhouse on May 26 including Forbes-Bell, fashion futurist Geraldine Wharry and celebrity stylist Kate Young.
Key takeaways behind current consumer motivation included consumers wanting to embrace identities and everyday lifestyles that now function differently coming out of a year of lockdowns and a pandemic. People, the experts agreed, are using shopping habits to fuel self care and support causes like sustainability. Additionally, used as a time to clean out old items, people were able to reflect and are now more likely to buy higher quality items.
“We have also been seeing a shift towards more unisex clothing, with muted colors and shapes that flatter every figure,” Wharry said. “These clothing items may help shoppers simplify their wardrobe after a year of constant overstimulation online. As we enter a new age of fashion with Gen Z at the helm, fashion is sure to become less about following trends and more about your personal method of self-expression.”
In support of today’s consumers and the younger generation’s attention to achieving better financial health, Afterpay has also launched a multimillion-dollar campaign demonstrating how consumers can pay later while paying better. The company’s first TV spots in the U.S. feature Australian actress Reel Wilson.
Afterpay campaign billboard.
“Afterpay was created to give people access to the things they want whilst maintaining control over their money. We’re thrilled to partner with our fellow Aussie — Rebel Wilson — to encourage more people to join our movement and pay better,” said Geoff Seeley, chief marketing officer at Afterpay.
Through the campaign, Wilson humorously demonstrates why it is better to pay for things using your own money overtime instead of collecting debt and accruing interest with an overall message that consumers can claim control over finances. The campaign also includes billboards and interactive murals in 17 markets including Los Angeles, New York, Columbus, Ohio, and Minneapolis in the U.S.
“It was an honor to partner with Afterpay on its first global campaign because financial health has always been important to me,” Wilson said. “Paying better to me means paying in a way that benefits me, and also not paying any unnecessary fees or added extras. That’s exactly what Afterpay’s Pay Better is empowering consumers to do.”
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