Boots delivers growth in market share driven by beauty and skincare
Boots delivered 11.7% year-on-year growth in retail sales in the three months to August 31, 2023, as its market share grew for the 10th consecutive quarter.
Total retail sales grew by 12.5% year on year for the full year ending August 31, 2023, driven by “standout performance from skincare and premium beauty categories”.
Skincare sales were up approximately 25% while the premium beauty category saw sales growth of 20% in the quarter.
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