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Yahoo
14-07-2025
- Business
- Yahoo
Momentum Commerce Confirms Record Sales for Amazon Prime Day 2025
– First-Ever Four-Day Format Shows Evolution in Consumer Shopping Patterns – BOSTON, July 14, 2025 /PRNewswire/ -- Momentum Commerce, a modern digital retail consultancy part of PMG, has released its final analysis of Amazon's Prime Day 2025 extended shopping event. The analysis observed more than $750 million in Amazon U.S. transactions across hundreds of brand accounts during the four-day Prime Day 2025 event. Extended Format Drives Overall Growth The inaugural four-day Prime Day event delivered total sales growth of 4.9% compared to the combined performance of 2024's two-day Prime Day and the two days immediately following. This growth validates Amazon's strategic decision to extend the shopping event's duration. "This year's Prime Day represented uncharted territory for brands and retailers alike," said John Shea, Head of Commerce at PMG. "Between ongoing tariff uncertainties affecting supply chains, pricing plans and advertising budgets, and Amazon's bold transition to an extended four-day format, brands had to remain incredibly nimble. The event came down to a dramatic finish, with savvy brands fine-tuning their promotional strategies until the final hours while consumers responded with significant purchasing activity in the closing stretch." Deal Activity Shows Strategic Shift Across the full four days of Prime Day 2025, 25.6% of products on Amazon US featured discounts, representing an 8% increase from 2024's rate of 23.6% While more products were on sale, the average discount depth decreased to 21.7%, down 11% from a rate of 24.4% in 2024 Deal activity showed careful orchestration throughout the event: Discount breadth increased progressively from Day 1 (22.7%) to stabilize on Days 3 and 4 (26.7%) Average discount depths grew incrementally each day (21.4%, 21.6%, 21.8%, 21.9%), suggesting retailers strategically deepened discounts to maintain momentum "Prime Day 2025's impact extended far beyond Amazon's ecosystem," commented Parks Blackwell, Vice President of Marketing and Client Development at PMG. "Our analysis showed significant growth not just on Amazon, but across the broader digital retail landscape as consumers embraced this expanded shopping window. The event's success demonstrates how Prime Day has evolved from a single-retailer sale into a cultural force and transformative market-wide phenomenon." Methodology Sales data is based on an index of data Momentum Commerce's Velocity platform observes across hundreds of brands collectively doing over $7B in GMV on Amazon US annually. Across the Extended Prime Day Event in 2025, Momentum Commerce observed more than $750 million in Amazon U.S. transactions. Discount data encompasses both Prime Day-specific deals and general promotional discounts across more than 30 million products on Amazon US according to Velocity, Momentum Commerce's proprietary commerce platform. About PMG PMG is a global independent marketing services and technology company that seeks to inspire people and brands that anything is possible. Driven by shared success, PMG brings together business strategy and transformation, creative, media, and insights, all powered by our proprietary marketing operating system, Alli. With offices in New York, London, Dallas & Fort Worth, Austin, Atlanta, Boston, Brighton, Costa Rica, and Cleveland, our team is made up of 1,000 employees globally, and our work for brands like Apple, CKE Restaurants, Dropbox, Experian, Intuit, Kimberly-Clark, Kohler, Sephora, Travelex, and Whole Foods has received top industry recognitions including Cannes Lions and Adweek Media Plan of the Year. For more information, visit About Momentum Commerce Momentum Commerce is a modern consultancy offering brands flexible technology and professional services to grow sales on digital retail platforms such as Amazon, and Comprised of half technologists and half consultants, Momentum Commerce's team provides unrivaled data assets with a scientific approach to retail media management, insights services, and bespoke projects brands need to meet their growth goals. With a mission to be the most respected firm in the space, Momentum Commerce brand clients include emerging and enterprise brands such as Crocs, Hanes, Therabody, Stella & Chewy's and many more, and formally became part of PMG in June 2025. For more information, please visit Media ContactRuben SanchezMomentum View original content to download multimedia: SOURCE Momentum Commerce
CNA
08-07-2025
- Business
- CNA
Potential 25% tariff on South Korean, Japanese goods threatens Asian businesses in the US
SAN FRANCISCO: Asian grocery chains are rapidly expanding across the United States, fuelled by a growing Asian-American population, which rose by about 36 per cent from 2010 to 2020, according to official census data. South Korean food and grocery complex Jagalchi, owned by retail giant Megamart, opened a few months ago at the Serramonte Center shopping mall just south of San Francisco. Jagalchi has quickly become a local draw. Its marketing specialist Audrey Lapuz told CNA that the reception has been encouraging. 'It's been really well received and as we're three months in now, we have noticed a really nice, steady, gradual growth, month by month,' she added. The store has become emblematic of how Asian retailers are breathing new life into the local retail scene, particularly in areas with large Asian-American communities. It took over a space that had been vacant for five years at the mall, which previously housed a JCPenney department store. RETAIL GROWTH FACING TARIFF COSTS The San Francisco Bay Area is also expected to see as many as seven large Asian chain grocery stores open for business this year. According to industry reports, ethnic grocery stores and supermarkets in the US generated around US$55 billion in revenue last year. Despite this, they face rising costs amid looming US trade tariffs. The administration of US President Donald Trump has proposed a 25 per cent levy on South Korean and Japanese goods on Aug 1. Other nations like China, which have a trade surplus with the US, would also be affected. On Monday (July 7), the Trump administration issued fresh tariff notices, escalating tensions. Japanese Prime Minister Shigeru Ishiba said on Tuesday that some progress had been made in staving off Trump's suggestion of tariffs as high as 35 per cent. Meanwhile, South Korea's industry ministry said that it plans to intensify trade talks with the US and considered Trump's latest plan as effectively extending a grace period on implementing reciprocal tariffs. Tariff negotiations are still ongoing between the US and other Asian countries. CONSUMERS AND SMALL BUSINESSES HIT HARD University of California at Davis economics professor Christopher Meissner warned that the proposed tariffs will disproportionately hurt small businesses and consumers. "All of those countries are facing higher tariffs under current proposals. And those products will definitely be priced much higher in the near future due to those tariffs. I don't see any other way around it,' he added. At Jagalchi, efforts are already underway to mitigate potential cost increases, including developing in-house products. Still, much remains uncertain. "Obviously in the future there's a lot of uncertainty that may come up. But we will find those solutions as they come,' said Lapuz. Consumers, too, are also bracing for the impact, said Russell Jeung, professor of Asian American studies at San Francisco State University. 'The community has been stocking up (on) Asian goods … buying rice and soy sauce and things like that,' he said.
Yahoo
17-06-2025
- Business
- Yahoo
The Beauty and Personal Care Market in Switzerland 2025-2029: Retail Value Growth in 2024 was Largely due to High Unit Prices, Caused by Rising Costs of Raw Materials, Production and Distribution
Examines Key Findings, Market Prospects, Opportunities, Category Data, and Company & Brand Shares Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "Beauty and Personal Care in Switzerland" report has been added to and personal care in Switzerland posted further slight retail volume sales growth and a healthy rise in retail current value sales in 2024. However, retail value growth was largely due to high unit prices, caused by rising costs of raw materials, production and Beauty and Personal Care in Switzerland report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, allowing you to identify the sectors driving growth. Forecasts to 2029 illustrate how the market is set to coverage: Baby and Child-specific Products, Bath and Shower, Colour Cosmetics, Deodorants, Depilatories, Dermocosmetics Beauty and Personal Care, Fragrances, Hair Care, Mass Beauty and Personal Care, Men's Grooming, Oral Care, Oral Care Excl Power Toothbrushes, Premium Beauty and Personal Care, Prestige Beauty and Personal Care, Skin Care, Sun coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution buy this report? Get a detailed picture of the Beauty and Personal Care market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop. Key Topics CoveredEXECUTIVE SUMMARY Beauty and personal care in 2024: The big picture 2024 key trends Competitive landscape Retail developments What next for beauty and personal care? MARKET DATA Table 1 Sales of Beauty and Personal Care by Category: Value 2019-2024 Table 2 Sales of Beauty and Personal Care by Category: % Value Growth 2019-2024 Table 3 GBO Company Shares of Beauty and Personal Care: % Value 2020-2024 Table 4 NBO Company Shares of Beauty and Personal Care: % Value 2020-2024 Table 5 LBN Brand Shares of Beauty and Personal Care: % Value 2021-2024 Table 6 Penetration of Private Label in Beauty and Personal Care by Category: % Value 2019-2024 Table 7 Distribution of Beauty and Personal Care by Format: % Value 2019-2024 Table 8 Distribution of Beauty and Personal Care by Format and Category: % Value 2024 Table 9 Forecast Sales of Beauty and Personal Care by Category: Value 2024-2029 Table 10 Forecast Sales of Beauty and Personal Care by Category: % Value Growth 2024-2029 MASS BEAUTY AND PERSONAL CARE IN SWITZERLAND2024 DEVELOPMENTS Steady upward trajectory as consumers look to mass brands for value for money Kiko Swiss benefits from good price-quality positioning Mass brands gain momentum in difficult economic conditions PROSPECTS AND OPPORTUNITIES Product improvements to exert upward pressure on unit prices and retail value sales Dynamism through digitalisation and new product development More sophisticated formulations to provide impetus to the category PREMIUM BEAUTY AND PERSONAL CARE IN SWITZERLAND2024 DEVELOPMENTS Premiumisation trend sustains healthy retail value growth L'Oreal Suisse retains the leading position in a highly competitive landscape Luxury and exclusivity pique the interest of premium seeking consumers PROSPECTS AND OPPORTUNITIES Positive retail value growth trajectory although consumers continue to look for price deals Health concerns to drive purchases of premium products Holistic beauty to inform innovation BABY AND CHILD-SPECIFIC PRODUCTS IN SWITZERLAND2024 DEVELOPMENTS Search for quality products sustains retail value growth Private label remains popular for its price-quality ratios Large selections and price promotions draw parents to supermarkets PROSPECTS AND OPPORTUNITIES Low birth rate to hinder category growth but health concerns to push sun care use Milder and more natural options to be winners Packaging innovation to the fore BATH AND SHOWER IN SWITZERLAND2024 DEVELOPMENTS Body wash/shower gel sees innovation Beiersdorf invests in its offer to remain the leading player Supermarkets offer convenience, wide selections and affordability PROSPECTS AND OPPORTUNITIES Intimate wipes to gain momentum through on-the-go convenience, innovation and widening assortments Natural positioning and sustainability to drive growth opportunities Bath and shower to see wide-ranging innovation COLOUR COSMETICS IN SWITZERLAND2024 DEVELOPMENTS Downturn in eye make-up slows overall retail value growth L'Oreal Suisse launches new options under Maybelline Super Stay Consumers prefer in-person shopping for colour cosmetics although retail e-commerce makes gains PROSPECTS AND OPPORTUNITIES Innovation to foster strong retail value growth for lip products Digitalisation to gain weight in company strategies Innovation focus on ingredients DEODORANTS IN SWITZERLAND2024 DEVELOPMENTS A long and hot summer boosts retail volume and value growth rates The leading player continues to invest in its brands and the category Supermarkets lead distribution with large selections and wide availability PROSPECTS AND OPPORTUNITIES Health and wellbeing factors to shape development in the forecast period Intense competition may weaken brand loyalty Innovation to cover formulations and packaging DEPILATORIES IN SWITZERLAND2024 DEVELOPMENTS Women's razors and blades shape development and drive growth in depilatories Procter & Gamble Switzerland leads through innovation and high-quality offerings Wide product offer, discounts and rewards lure consumers to department stores PROSPECTS AND OPPORTUNITIES Slow growth anticipated as threats remain More natural formulations to gain prominence Depilatories is set to see significant innovation FRAGRANCES IN SWITZERLAND2024 DEVELOPMENTS Premiumisation and unisex options spur fragrances Chanel's luxury image wins over consumers Beauty specialists leverage attractive shopping experience for fragrances PROSPECTS AND OPPORTUNITIES Premiumisation to shape development and demand Growing attention to sustainability Innovation to bring emotional and technological benefits HAIR CARE IN SWITZERLAND2024 DEVELOPMENTS Unit price rises and premiumisation push retail value sales L'Oreal Suisse leads with a wide and trusted brand portfolio Retail e-commerce makes gains but remains a small channel in hair care PROSPECTS AND OPPORTUNITIES Hair care to see development in a premium-facing direction Strong price competition could weaken brand loyalty Hair care is open to innovation MEN'S GROOMING IN SWITZERLAND2024 DEVELOPMENTS Premium fragrances appeal to image-conscious men Procter & Gamble's Gillette remains a trusted and highly popular brand name Beauty specialists increase brand and product ranges and space for men's grooming PROSPECTS AND OPPORTUNITIES More sophisticated demand to push retail value growth Men's grooming to embrace modern marketing and sales tools Natural and technology trends to coexist in men's grooming ORAL CARE IN SWITZERLAND2024 DEVELOPMENTS High awareness of the benefits of oral health stimulate retail volume and value growth Colgate benefits from innovation to cater to an increasingly demanding consumer base Wide choice and convenience support supermarkets and e-commerce PROSPECTS AND OPPORTUNITIES Convenience and efficacy to boost use of electric toothbrushes Key demographic trend to inform demand and positioning Sustainability to drive innovation SKIN CARE IN SWITZERLAND2024 DEVELOPMENTS Push-pull effects on retail value sales Strong investments from the leading players Health and beauty specialists offer appealing shopping experiences for skin care consumers PROSPECTS AND OPPORTUNITIES Products in line with key trends to gain a competitive advantage Natural positioning to enter the mainstream Innovation and technology to gain weight in the forecast period SUN CARE IN SWITZERLAND2024 DEVELOPMENTS Heightened awareness of skin cancer risks spur the use of sun care products L'Oreal Suisse leverages innovation, consumer trust and value for money positioning Health and beauty specialists benefit from an expert image among consumers PROSPECTS AND OPPORTUNITIES Health, climate and mobility factors to shape sun care's performance Skin care and sun care boundaries to continue to blur Innovation to steer sun care away from chemicals For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
21-05-2025
- Business
- Yahoo
Home Depot Shrugs Tariff Risk and Delivers Solid Q1 Results, Reiterates Guidance
The Home Depot, Inc. (NYSE:HD) is capitalizing on customers tackling smaller projects. That's one of the company's strategies as it navigates a challenging macroenvironment worsened by the US-China tariff war. That was evident after the home improvement retailer delivered solid first-quarter results on Tuesday. Net sales were up 9% year over year to $39.86 billion as earnings per share were in-line with forecasts at $3.56. photo by scott graham on Unsplash Following the better-than-expected Q1 2025 results, DA Davidson has reiterated a Positive outlook on Home Depot with a Buy rating and a $470 price target. The bullish stance also comes on the company reaffirming its full year outlook that points to 2.8% total sales growth and 1% comparable sales growth. Homeowners have been offering bigger projects amid heightened borrowing costs and lingering concerns about inflation. Consequently, Home Depot has had to focus on homeowners working on smaller projects. In response to the challenging macro environment, Home Depot will maintain its current pricing levels across its portfolio. In addition, the company is increasingly diversifying its product portfolio sources to ensure no country accounts for more than 10% of its imports. In addition, the company is pushing to shift production out of China as it aims to stay clear of the tariff war. While we acknowledge the potential of The Home Depot, Inc. (NYSE:HD) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HD and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
