THE WHAT? LVMH has recorded a 17 percent revenue rise in Q1 2023 to 21 billion euros, citing an ‘excellent start to the year.’
THE DETAILS The company reported organic growth of 17 percent, with perfume & cosmetics up 11 percent on a reported basis, while fashion & leather goods were up 18 percent.
Geographically, Europe and Japan enjoyed strong growth momentum, which is said to benefit from ‘robust demand from local customers and international travelers’; the United States had a steady performance while Asia experienced a rebound following the lifting of health restrictions.
THE WHY? The luxury company saw solid growth thanks to a rebound in Chinese demand, progress in the U.S. and bolstered confidence, despite a “geopolitical and economic environment which remains uncertain.”
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
