Zara and Shein have both entered the beauty market, leveraging their brand presence and broad consumer reach.
They're both using their fashion insights to thrive in beauty, appealing to youth with trendy, affordable products.
Recent analysis from FoxiInteligence analyses it deeper
Shein's Beauty Ventures 🌟
🎨SheGlam Launch: Shein introduced SheGlam, its makeup line, focusing on frequent updates, trendy items, and competitive pricing, all cruelty-free.
📈Market Impact: Beauty is Shein's fastest-growing category, accounting e.g. 7% of its market share in the Netherlands and 3.7% in France in 2023.
💳Spending Patterns: Shein's customers buy beauty products more often, potentially due to lower average prices.
Zara's Beauty Approach 🌺
💨Perfume Dupes: Zara's low-priced perfumes mimic luxury scents like La Vie est Belle by Lancôme, tapping into TikTok's dupe trend.
💼Market Performance: In Spain, Zara outperforms traditional perfume giants in online sales, with perfumes now capturing 63% of the beauty category.
👩🏻🎓Target Demographic: Zara's beauty products are favored by young consumers, particularly Generation Y and Z.
