Superdrug Adds over 600 Jobs and Boosts Profits Despite Tax and Wage Pressures

Superdrug adds over 600 jobs and boosts profits despite tax and wage pressures

High street health and beauty giant Superdrug has shrugged off rising tax burdens and wage costs to expand its workforce by more than 600 roles and post a jump in pre-tax profits. In newly filed accounts for the year ending 2024, Superdrug reported a pre-tax profit of £136.8 million, up from £111.6 million the year before. The performance came despite what the company described as “pressure” on its margins due to government-imposed hikes in the …

UK beauty industry grows by 9%, but exports are dropping

According to the British Beauty Council’s annual report, the industry was worth £30.4bn to the UK economy last year.

Beauty retailers must partner new brands to attract trend-led consumers

41% of UK consumers stated they would try a trending beauty technique out of curiosity, up 6 ppts from 2024.The post Beauty retailers must partner new brands to attract trend-led consumers appeared first on Retail Insight Network.

Value of Beauty 2025: Beauty sector's GDP contribution outpaces UK economy but job growth set to slow in 2025 : The British Beauty Council

The Value of Beauty, an annual report compiled by Oxford Economics and commissioned by the British Beauty Council, shows that the economic impact of the personal care industry*.  Beauty’s GDP contribution reached £30.4bn in 2024, a 9% increase year on year (5% adjusting for inflation). This makes up 1.1% of the country’s entire GDP. This growth is four times faster than the growth rate of the overall economy. Which was 1.1% compared to beauty’s …

Exclusive: Beauty sector delivered £30.4 billion GDP to UK economy in 2024

The UK personal care sector's growth rate grew more than four times faster than the rate of the overall economy, with a direct contribution larger than that of sports and amusement, says the British Beauty Council