THE WHAT? Superdrug, one of the UK’s leading health and beauty retailers, has announced strong financial results for 2022. With sales soaring by 17% to reach £1,367 million, the company has demonstrated a significant year of growth, propelled by an increase in customer footfall and the success of its brand.
THE DETAILS? In addition to the surge in sales, the firm’s pre-tax profits climbed by a substantial 71.7%, reaching £77.8 million. This growth is closely tied to Superdrug’s adoption of an “O+O” strategy (offline plus online) and the opening of 12 new stores. The successful strategy and expansion have resulted in 789 stores in the UK and Ireland, with plans to open an additional 25 in 2023.
THE WHY? Superdrug’s impressive performance is attributed to its commitment to customer affordability during rising household costs. CEO Peter Macnab praised the resilience of the business, the energy of their 13,430 colleagues, and the company’s ability to maintain competitive pricing amidst ongoing inflation. The upward trend is expected to continue into 2023, as customer footfall and category performance, particularly in cosmetics, improve.
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.
