THE WHAT? Charlotte Tilbury saw turnover soar an impressive 38 percent in the 12 months ended December 31, 2022. The UK, Europe, Australia and Middle East markets all contributed to this strong performance, for a total of £310.1 million.
THE DETAILS EBITDA rose 29.1 percent to £11.7 million, according to a report published by The Industry Beauty.
THE WHY? The Puig-owned brand credited the launch of new products as well as a strong performance from its star lines, Magic Cream, Airbrush Flawless Finish and Pillow Talk for the uptick. The Industry Beauty also points out that the brand invested in digital innovation during the period.