Things are changing—fast. The retail sector continues to reflect these changes as it keeps up with consumer demand. Since the pandemic’s onset, retailers’ reactions to government regulations limiting capacity and consumer demands for equity and authenticity have been finessed into smarter, more
MoreMore Spanish beauty shoppers despite lower spending
The FINANCIAL — One sector that has already begun to notice the effects of the “new normal” is the beauty industry. After the free fall of sales revenue during lockdown, which showed a decline of 18.8% from the previous year, there are now signs of recovery as the decline has levelled off to only 2.4%. This is a sector that the consumer never truly gives up on, although one in which they do control their spending. This can be seen in the fact that throughout this year no shoppers were lost, in fact, the sector has gained 1.6% shoppers to reach
