The subscription box market continues to grow with a new report from Royal Mail saying that the market should be worth £1.8bn by 2025. That comes as it doubled by 2020 compared to 2017 with spend of almost £1.4bn
Forget the lingerie, diamonds chocolates and flowers. Most women want cosmetic products for Valentine’s Day. New data from Bazaarvoice’s Influenster shows as many as 70% of women would prefer to receive beauty products.
Klekt, an online marketplace for sneakers and streetwear, has hired its first ever chief executive officer. Sally Scott, former UK managing director of Birchbox, will focus on building the business on a global scale.
The New York-based beauty subscription service has confirmed to FashionNetwork.com that it plans to eliminate 25% of its worldwide employees as it seeks to streamline and consolidate its global operations.
Subscription boxes continue to win new fans in the UK and while food is the most popular product category, beauty is second with the channel becoming a key one for beauty product sales, especially to young consumers.
The UK subscription box market continues to go from strength to strength and the latest report on the sector, from parcels carrier Royal Mail, said it should reach a total value of £1 billion by as soon as 2022.