logo
CORRECTING and REPLACING NielsenIQ and Sephora to Provide the Full View™ of Beauty with Strategic Multi-Year Data Sharing Agreement

CORRECTING and REPLACING NielsenIQ and Sephora to Provide the Full View™ of Beauty with Strategic Multi-Year Data Sharing Agreement

Yahoo03-06-2025

New Collaboration Democratizes Access to Data for Beauty Brands Across U.S. and Canada
CHICAGO, June 03, 2025--(BUSINESS WIRE)--Please replace the release with the following corrected version due to revisions.
The updated release reads:
NIELSENIQ AND SEPHORA TO PROVIDE THE FULL VIEW™ OF BEAUTY WITH STRATEGIC MULTI-YEAR DATA SHARING AGREEMENT
New Collaboration Democratizes Access to Data for Beauty Brands Across U.S. and Canada
NielsenIQ (NIQ), a leading consumer intelligence company and Sephora, the world's leading prestige beauty omnichannel retailer, have announced a strategic collaboration to provide a more comprehensive view of the beauty landscape in North America.
This data sharing agreement unlocks access to a new level of insight into the beauty space, including expansive point-of-sale coverage of Sephora's omnichannel business, increasing NielsenIQ's total coverage of beauty. In addition, as a designated Recommended Insights Partner, Sephora will utilize NIQ's data for best-in-class insights, empowering them to make well informed decisions across their organization.
The collaboration will also leverage NIQ's expanded Omnishopper and Digital Purchases solution capabilities to better understand shifts in consumer buying behavior across both online and offline channels. Expanded Omnishopper, launched in January 2025, includes the world's largest consumer panel with 250,000 highly engaged panelists.
"At Sephora, our beauty community is the heart of our business, and we are constantly seeking out forward-thinking partners to help us better serve our clients throughout their shopping journey with us," said Ryan Oto, Vice President, Business Intelligence & Analytics at Sephora. "This partnership with NielsenIQ is a strategic leap forward in how we listen to our beauty consumers, elevate insights across every touchpoint, and deliver on the future of beauty retail."
Through the combined Omnishopper and Digital Purchases lens, Sephora will gain detailed insights into in-store and online shopping trends and preferences across NIQ's comprehensive coverage of mass, drug, specialty, e-commerce, and social channels.
"NielsenIQ is deeply committed to beauty—and we're especially proud to expand our coverage in prestige through this partnership with Sephora," said Elizabeth Buchanan, President of North America at NielsenIQ. "Beauty is one of the most dynamic and culturally relevant categories in retail today. By combining Sephora's leadership in the space with our unmatched measurement capabilities, we're bringing new precision and visibility to the brands shaping the future of beauty."
About Sephora
Sephora is the world's leading global prestige beauty retail brand. With 56 000 passionate employees operating in 35 markets, Sephora connects customers and beauty brands within the world's most trusted and dynamic beauty community. We serve a highly engaged community of hundreds of millions of beauty followers across our global omnichannel network of more than 3 200 stores and iconic flagships, and our e-commerce and digital platforms, offering personalized and immersive seamless experiences across every touchpoint. With our curation of more than 300 brands and our own label, Sephora Collection, we offer the most unique and diverse range of prestige beauty products, tailored to our customers' needs from fragrance to make-up, haircare, skincare and beyond, as we constantly reimagine the world of prestige beauty.
Since our inception in 1969 in Limoges, France, and as part of the LVMH Group since 1997, we have been disrupting the prestige beauty retail industry. Today, we continue to break with convention to drive our mission: champion a world of inspiration and inclusion where everyone can celebrate their beauty.
About NIQ
NielsenIQ (NIQ) is a leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. NIQ combined with GfK in 2023, bringing together two industry leaders with unparalleled global reach. Our global reach spans over 90 countries covering approximately 85% of the world's population and more than $7.2 trillion in global consumer spend. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™.
For more information, please visit www.niq.com.
© 2025 Nielsen Consumer LLC. All Rights Reserved.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250603365877/en/
Contacts
Media NIQ North American Communications:Heather RobinsonHeather.robinson@nielseniq.com Sephora:ExternalComms@sephora.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NIQ Announces Global Collaboration with WeArisma to Measure the Impact of Creator Marketing on Sales and Brand Perception.
NIQ Announces Global Collaboration with WeArisma to Measure the Impact of Creator Marketing on Sales and Brand Perception.

Business Wire

time2 days ago

  • Business Wire

NIQ Announces Global Collaboration with WeArisma to Measure the Impact of Creator Marketing on Sales and Brand Perception.

LOS ANGELES--(BUSINESS WIRE)--NIQ, the leading consumer intelligence company, today announced a strategic global relationship with WeArisma, the leading creator marketing measurement and optimization platform for brands and agencies. The groundbreaking alliance will enable advertisers around the world to understand the impact of paid and organic creator marketing across the full marketing funnel, including sales impact. The measurement framework enables marketers to take a more results-oriented approach to influencer marketing, allowing local and global brands to maximize the impact of investments in the creator economy. The global collaboration combines NIQ's unique data assets and expertise in outcome measurement with WeArisma's leading technology platform and intelligence on creators around the world. 'By leveraging our collective strengths, we are helping businesses make more informed decisions about their influencer marketing investments,' said Jason Tate, General Manager, Marketing Effectiveness at NIQ. 'This strengthens our position as industry leaders in quantifying the impact of an increasingly important marketing channel around the world.' The collaboration between WeArisma and NIQ helps accelerate the way creator marketing is planned, measured, and optimized, helping marketers keep pace with rapid changes in pop culture. 'For too long, marketers have been unable to attribute the impact of creator marketing on brand equity and sales performance, leaving a major gap in full-funnel measurement. We are thrilled to combine forces with NIQ to solve this challenge and enable marketers to get the greatest impact from every dollar spent on creator marketing," said Jenny Tsai, founder and CEO of WeArisma. Key Highlights: Modular solutions from WeArisma and NIQ help advertisers more effectively measure, optimize, and plan their investments across the creator marketing economy, including hard-to-measure organic creator content. Metrics from creator campaigns tracked through WeArisma's global analytics platform are incorporated into NIQ's Marketing Mix Models, enabling marketers to make data-driven optimizations of their influencer strategies. To serve the unique needs of each brand, NIQ and WeArisma support customized engagement models, including managed service support and self-serve platform access. About NIQ NIQ is a leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. NIQ combined with GfK in 2023, bringing together two industry leaders with unparalleled global reach. Our global reach spans over 90 countries covering approximately 85% of the world's population and more than $ 7.2 trillion in global consumer spend. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™. For more information, please visit About WeArisma WeArisma is the industry's most comprehensive influencer marketing and social intelligence platform. Combining advanced AI-powered image, video, text, and audio recognition technology with influencer marketing and social listening capabilities, WeArisma reveals the complete spectrum of brand impact across social media, including the vast majority of untagged, organic mentions that occur outside paid partnerships. Trusted by top agencies and brands worldwide and operating from offices in London, New York, Paris, and Singapore, WeArisma provides a product suite supporting brands in every stage of creator marketing from strategy development through to execution. For more information, please visit © 2025 Nielsen Consumer LLC. All Rights Reserved.

Another giant cosmetics brand closing South Loop store
Another giant cosmetics brand closing South Loop store

Miami Herald

time2 days ago

  • Miami Herald

Another giant cosmetics brand closing South Loop store

It's a pretty difficult time to be a retailer, no matter what corner of the industry you're in. From the largest corporate incumbents down to the smallest mom and pop shops, fickle consumer tastes and macroeconomic headwinds have kept operators on their toes. Related: UPS suddenly closing more stores amid chaotic new change, layoffs Some have been flattened altogether. If the past five or so years have taught us anything, it's that anything can happen in retail. What we might have thought were ironclad business models have since become ghost towns or relics of the past. And what has stepped into their place is a major transformation in how we transact on a daily basis now. Take, for instance, how you might shop for a family member's birthday party. Most of your supplies would likely come from either a big box store, like Target or Walmart, or online from Amazon. You likely wouldn't even think to stop in at a niche party supplier, since everything from balloons to cake is far more accessible during one trip to a large store. So stores like Party City have gone under, folding under the pressure of the growth of online business and easier access points. Image source:One of the most fascinating corners of the retail industry to study is the beauty market. This is partly because it's full of contradictions. For example, the lipstick effect posits that when the economy takes a nosedive, customers actually tend to make more small, one-off purchases on things like cosmetics. More closings: Popular local Dairy Queen rival suddenly closing, no bankruptcyAnother big Mexican chain closing down restaurant, no bankruptcyUPS suddenly closing more stores amid chaotic new change, layoffsPopular fast-food burger chain closes all restaurants in key area The idea is that even when they're watching their budgets and putting off larger purchases, people who purchase cosmetics still find it possible to splurge on the little things (like lipstick and eyeshadow). Another contradiction is the beauty retail model. While most stores have transitioned to an online-first model, beauty retailers like Sephora and Ulta have held strong using the brick and mortar model, as most customers enjoy swatching and sampling cosmetics before buying them. But this isn't a fail-proof model. Ulta (ULTA) , the large beauty retailer based out of Bolingbrook, Ill., saw net sales slip by nearly 2%, partly as it loses ground to Sephora. And that's particularly true among young spenders. Piper Sandler's 2025 Taking Stock With Teens survey revealed that Ulta lost share to Sephora, which is now the top favorite beauty retail destination among the younger demo. Related: Lowe's makes one of its largest ever billion-dollar acquisitions And now, Ulta is shuttering a store in Chicago, Ill. at the South Loop Roosevelt Collection Shops. The store, which is located near other retail destinations like Old Navy and Target, has been in operation for 12 years. Its last day will be June 14, 2025. In the meantime, it's offering sales of up to 50% off select merchandise. Ulta has not supplied a reason for the closure, though the beauty retailer has mentioned concerns about popularity in recent earnings calls. "Our in-store presentation and guest experience today are not as strong as we would like," CEO Kecia Steelman said during the most recent February earnings call, indicating Ulta has struggled against competitors like Sephora as demand for viral new beauty products and quick shipping are of paramount importance to customers. The retailer is working to turn things around, indicating 2025 will be a year of transition. Comps were up 1.5% in its most recent quarter. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

West India's Gen Z Leads Equity Investment Trend, Shows Strong Financial Planning: Tata AIA Study
West India's Gen Z Leads Equity Investment Trend, Shows Strong Financial Planning: Tata AIA Study

Business Upturn

time3 days ago

  • Business Upturn

West India's Gen Z Leads Equity Investment Trend, Shows Strong Financial Planning: Tata AIA Study

A new Tata AIA Life Insurance study reveals that Gen Z in West India (aged 21–29) leads the nation in equity investments, with 54% participating in markets. The report highlights a growing trend of financial maturity, with rising adoption of term insurance, savings plans, and emergency fund planning. This generation is balancing wealth creation with financial protection, showing strong interest in tax benefits, low-cost coverage, and simple claim processes. The findings signal a major opportunity for insurers to offer tailored, digital-led solutions to meet the evolving needs of young earners. By Riddhima Jain Published on June 9, 2025, 17:48 IST Gen Z professionals in Western India are emerging as the most financially proactive cohort in the country, according to a new study by Tata AIA Life Insurance in collaboration with NielsenIQ. The report, titled 'New Age Habits, Traditional Values: Gen Z's Approach to Financial Planning' , finds that young earners aged 21 to 29 in the region lead India in equity investment and are increasingly turning to insurance products for long-term financial security. With 54% of respondents from West India already investing in equities, the region boasts the highest equity participation rate among Gen Z across the country. Furthermore, 17% of respondents currently hold term insurance policies, while 25% plan to purchase them in the near future, highlighting a growing awareness of the importance of financial protection. The study reveals a marked shift in Gen Z's financial behaviour, traditionally seen as risk-takers. Instead, Western India's youth are aligning their investment decisions with long-term objectives. About 55% consider building retirement savings through life insurance a key goal, and 69% prioritize establishing emergency funds. 'The Gen Z generation in West India shows very encouraging signs of financial maturity, especially how they look at insurance,' said Girish Kalra, Chief Marketing Officer at Tata AIA Life Insurance. 'They're choosing term plans, savings products, and health coverage that protect and help them grow wealth. This presents a significant opportunity for insurers to offer tailored, digital-first solutions.' The study also highlights what drives insurance decisions for Gen Z: 68% value tax-saving benefits, 59% seek affordable, comprehensive coverage, 44% prioritize ease and simplicity in claims. In addition to equities, gold remains a favoured asset, with 43% of respondents reporting investments, pointing to a balanced strategy that includes both high-return and value-preserving instruments. The survey, conducted across eight cities including Mumbai and Pune, reflects a gender-balanced and demographically diverse sample, and suggests a growing financial sophistication among India's youngest earners. As Gen Z in West India continues to blend ambition with prudence, insurers and financial institutions are likely to adapt their offerings to match this generation's digitally driven, goal-oriented approach to wealth creation and security.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store