Luxury Cosmetics Market

Luxury Cosmetics Market Analysis

Vanity can be very profitable. How else could the global luxury cosmetics market become one of the fastest-growing markets in the world? It is expected to reach up to USD 37.52 billion in the year 2027, rising at a compound annual growth rate of 6.24% CAGR from 2021 to 2027. The cumulative growth opportunity presented by the global luxury cosmetics market has been predicted to be around USD 225 billion between 2021 and 2027. That figure, alone, ought to convince one that its luxury cosmetics are a force to be reckoned with in the global economy.

Before we delve into the matter, let us first understand luxury cosmetics. These mainly cover skincare, haircare, makeup, fragrances, etc., typically manufactured by large-scale multinationals (MNCs) and comprise organic, premium quality ingredients. To compensate for the high production costs, they are sold at much higher prices in relatively ‘higher-end’ retail outlets than their drugstore counterparts.

Historically, luxury cosmetics were meant for the wealthy elite, as the rest could barely afford them. Of late, however, things have changed. Rising disposable income amongst the urban populace in developed economies and growing health consciousness has spurred demand. These new customer patterns have driven the growth of luxury cosmetics worldwide.

Interesting Facts about Luxury Cosmetics Industry

• Women’s share in the high-income population has remained above 50% for quite a long time
• Leading Luxury Cosmetics markets in the world include the U.S., U.K., Japan, Brazil, and France
• U.S. and U.K. hold the largest share in the global Luxury Cosmetics market
• Women spent over an average of USD 250 thousand on cosmetics during their lifetime
• Men spent over an average of USD 150 thousand on cosmetics during their lifetime

Up till 2020, skincare was the most significant contributor to the market, thanks to increased awareness and the emergence of social media beauty influencers. The higher consumer purchasing power in developed regions like Europe and North America has rendered the already booming luxury cosmetics market all the more lucrative here. Europeans, in particular, are very keen on skincare and prefer dermatologically-approved, premium-quality products only, no matter how expensive. Demand in the Asia-Pacific region has been increasing steadily at a rate of 8% per annum.

Asian countries are not far behind. Korean beauty products, for instance, are all the rage these days, in and out of Korea. Rising disposable income has also made luxury cosmetics attractive in vast markets like India and China. Suffice it to say, anyone anywhere is eager to spend on products that will enhance the appearance of their skin, hair, nails, etc.

Counterfeit products to Remain Major Challenge for Companies

Counterfeit products pose a real threat to the sale of luxury cosmetics. First-quality replicas of almost every major luxury fashion or makeup brand can be found anywhere in the world, some of them going for shockingly high prices. Another challenge the industry faces is the need for constant evolution: As makeup trends change, companies operating in the sector must instantly adapt to maintain relevancy. The catch is that makeup trends change all too frequently.

e-commerce to Grow Throughout Forecast Time

Of course, the internet has only exacerbated this, with e-commerce promoting the scaling of luxury cosmetics online. Online shopping is fast and easy and offers various products and services. Amid the stronghold of traditional distribution channels such as Supermarket/Hypermarket, Specialty stores, and Monobrand stores, online channels are anticipated to make their space.

Halal Luxury Cosmetics Can be the Next Growth Avenue 

Firms in the global luxury goods market should note the burgeoning demand for Halal cosmetics. These are meant solely for Muslim women as they comprise ingredients not forbidden by Islam. For instance, many Muslims avoid certain lipstick brands, including animal fats. Breathable nail colors also fall in this category.

Halal cosmetics are gaining immense popularity in Muslim-majority regions like the Middle East. This is an excellent opportunity for manufacturers to expand their operations.

Classification of the Luxury Cosmetics Industry

Conventional Luxury Cosmetics and Organic Luxury Cosmetics are significant types of luxury cosmetics. As the organic trend is rising, conventional plays an important role. Skincare, Haircare, Makeup, Fragrances, and others are major products in the luxury cosmetics market. Skincare products are all set to keep their dominance over the analysis period. While the end-user category is likely to be dominated by women.

While tackling counterfeit products, key players are focused on developing high-quality products suitable for end-users worldwide. Some of the leading brands or companies in the luxury cosmetics industry include L’Oréal, Shiseido Company Ltd, Christian Dior, Puig, Coty Inc, Kao Corporation, REVLON INC, Estee Lauder Companies International, INC, Oriflame Cosmetics AG, KOSE Corporation, Unilever PLC, The Proctor & Gamble (P&G) Company, Pat McGrath Cosmetics LLC and Ralph Lauren Corporation.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Luxury Cosmetics Market

3.Market Dynamics & Factors Analysis

3.1.Introduction
3.1.1. Global Luxury Cosmetics Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Distribution Channel
3.3.3.End-user
3.3.4.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Luxury Cosmetics Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Conventional Luxury Cosmetics
6.2.3.Organic Luxury Cosmetics
6.3.North America Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Skincare
6.3.3.Haircare
6.3.4.Makeup
6.3.5.Fragrances
6.3.6.Others
6.4.North America Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
6.4.1.Overview
6.4.2.Supermarkets & Hypermarkets
6.4.3.Exclusive Brand Stores
6.4.4.Multi Brand Stores
6.4.5.Online
6.4.6.Others
6.5.North America Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
6.5.1.Overview
6.5.2.Male
6.5.3.Female

7.Europe

7.1.Europe Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Conventional Luxury Cosmetics
7.2.3.Organic Luxury Cosmetics
7.3.Europe Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Skincare
7.3.3.Haircare
7.3.4.Makeup
7.3.5.Fragrances
7.3.6.Others
7.4.Europe Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
7.4.1.Overview
7.4.2.Supermarkets & Hypermarkets
7.4.3.Exclusive Brand Stores
7.4.4.Multi Brand Stores
7.4.5.Online
7.4.6.Others
7.5.Europe Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
7.5.1.Overview
7.5.2.Male
7.5.3.Female

8.Asia Pacific

8.1.Asia Pacific Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Conventional Luxury Cosmetics
8.2.3.Organic Luxury Cosmetics
8.3.Asia Pacific Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Skincare
8.3.3.Haircare
8.3.4.Makeup
8.3.5.Fragrances
8.3.6.Others
8.4.Asia Pacific Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
8.4.1.Overview
8.4.2.Supermarkets & Hypermarkets
8.4.3.Exclusive Brand Stores
8.4.4.Multi Brand Stores
8.4.5.Online
8.4.6.Others
8.5.Asia Pacific Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
8.5.1.Overview
8.5.2.Male
8.5.3.Female

9.Latin America

9.1.Latin America Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Conventional Luxury Cosmetics
9.2.3.Organic Luxury Cosmetics
9.3.Latin America Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Skincare
9.3.3.Haircare
9.3.4.Makeup
9.3.5.Fragrances
9.3.6.Others
9.4.Latin America Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
9.4.1.Overview
9.4.2.Supermarkets & Hypermarkets
9.4.3.Exclusive Brand Stores
9.4.4.Multi Brand Stores
9.4.5.Online
9.4.6.Others
9.5.Latin America Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
9.5.1.Overview
9.5.2.Male
9.5.3.Female

10.Middle East

10.1.Middle East Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Conventional Luxury Cosmetics
10.2.3.Organic Luxury Cosmetics
10.3.Middle East Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Skincare
10.3.3.Haircare
10.3.4.Makeup
10.3.5.Fragrances
10.3.6.Others
10.4.Middle East Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
10.4.1.Overview
10.4.2.Supermarkets & Hypermarkets
10.4.3.Exclusive Brand Stores
10.4.4.Multi Brand Stores
10.4.5.Online
10.4.6.Others
10.5.Middle East Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
10.5.1.Overview
10.5.2.Male
10.5.3.Female

11.Africa

11.1.Africa Luxury Cosmetics Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Conventional Luxury Cosmetics
11.2.3.Organic Luxury Cosmetics
11.3.Africa Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Skincare
11.3.3.Haircare
11.3.4.Makeup
11.3.5.Fragrances
11.3.6.Others
11.4.Africa Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
11.4.1.Overview
11.4.2.Supermarkets & Hypermarkets
11.4.3.Exclusive Brand Stores
11.4.4.Multi Brand Stores
11.4.5.Online
11.4.6.Others
11.5.Africa Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
11.5.1.Overview
11.5.2.Male
11.5.3.Female
11.5.4.

12.Global

12.1.Global Luxury Cosmetics Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Conventional Luxury Cosmetics
12.1.3.Organic Luxury Cosmetics
12.2.Global Luxury Cosmetics Market, by Product Type, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Skincare
12.2.3.Haircare
12.2.4.Makeup
12.2.5.Fragrances
12.2.6.Others
12.3.Global Luxury Cosmetics Market, by Distribution Channel, 2015-2027(US$ Bn)
12.3.1.Overview
12.3.2.Supermarkets & Hypermarkets
12.3.3.Exclusive Brand Stores
12.3.4.Multi Brand Stores
12.3.5.Online
12.3.6.Others
12.4.Global Luxury Cosmetics Market, by End-user, 2015-2027(US$ Bn)
12.4.1.Overview
12.4.2.Male
12.4.3.Female

13.Company Profiles

13.1.L’Oréal
13.2.Shisiedo Company Ltd
13.3.Christian Dior
13.4.Puig
13.5.Coty Inc
13.6.Kao Corporation
13.7.REVLON INC
13.8.Estee Lauder Companies International, INC
13.9.Oriflame Cosmetics AG
13.10.KOSE Corporation
13.11.Unilever PLC
13.12.The Proctor & Gamble (P&G) Company
13.13.Pat McGrath Cosmetics LLC
13.14.Ralph Lauren Corporation
Others

List of Figures

FIG. 1Global Luxury Cosmetics Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Luxury Cosmetics Market Segmentation
FIG. 4Global Luxury Cosmetics Market, by Type, 2019 (US$ Bn)
FIG. 5Global Luxury Cosmetics Market, by Distribution Channel, 2019 (US$ Bn)
FIG. 6Global Luxury Cosmetics Market, by Geography, 2019 (US$ Bn)
FIG. 7Attractive Investment Proposition, by Geography, 2019
FIG. 8Global Market Positioning of Key Luxury Cosmetics Market Manufacturers, 2019
FIG. 9Global Luxury Cosmetics Market Value Contribution, By Type, 2020 & 2027 (Value %)
FIG. 10Global Luxury Cosmetics Market, by Conventional Luxury Cosmetics, Value, 2015-2027 (US$ Bn)
FIG. 11Global Luxury Cosmetics Market, by Organic Luxury Cosmetics, Value, 2015-2027 (US$ Bn)
FIG. 12Global Luxury Cosmetics Market Value Contribution, By Distribution Channel, 2020 & 2027 (Value %)
FIG. 13Global Luxury Cosmetics Market, by Supermarkets & Hypermarkets, Value, 2015-2027 (US$ Bn)
FIG. 14Global Luxury Cosmetics Market, by Exclusive Brand Stores, Value, 2015-2027 (US$ Bn)
FIG. 15Global Luxury Cosmetics Market, by Multi Brand Stores, Value, 2015-2027 (US$ Bn)
FIG. 16Global Luxury Cosmetics Market, by Online, Value, 2015-2027 (US$ Bn)
FIG. 17Global Luxury Cosmetics Market Value Contribution, By End-user, 2020 & 2027 (Value %)
FIG. 18Global Luxury Cosmetics Market, by Male, Value, 2015-2027 (US$ Bn)
FIG. 19Global Luxury Cosmetics Market, by Female, Value, 2015-2027 (US$ Bn)
FIG. 20Global Luxury Cosmetics Market Value Contribution, By Product Type, 2020 & 2027 (Value %)
FIG. 21Global Luxury Cosmetics Market, by Skincare, Value, 2015-2027 (US$ Bn)
FIG. 22Global Luxury Cosmetics Market, by Haircare, Value, 2015-2027 (US$ Bn)
FIG. 23Global Luxury Cosmetics Market, by Makeup, Value, 2015-2027 (US$ Bn)
FIG. 24Global Luxury Cosmetics Market, by Fragrances, Value, 2015-2027 (US$ Bn)
FIG. 25U.S. Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 26Rest of North America Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 27U.K. Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 28Germany Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 29France Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 30Italy Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 31Spain Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 32Russia Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 33BENELUX Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 34Poland Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 35Austria Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 36Rest of Europe Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 37Japan Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 38China Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 39India Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 40South Korea Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 41Australia Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 42Southeast Asia Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 43Rest of Asia Pacific Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 44Middle East & Africa Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 45South Africa Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 46Nigeria Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 47Egypt Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 48GCC Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 49Israel Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 50Latin America Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 51Mechanicalzil Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 52Argentina Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 53Colombia Luxury Cosmetics Market, 2015-2027 (US$ Bn)
FIG. 54Peru Luxury Cosmetics Market, 2015-2027 (US$ Bn)
Chile Luxury Cosmetics Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices   (Luxury Cosmetics) Market

TABLE 2 Global Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 3 Global Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 4 Global Luxury Cosmetics Market, by Geography, 2015-2027 (US$ Bn)

TABLE 5 North America Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 6 North America Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 7 North America Luxury Cosmetics Market, by Country, 2015-2027 (US$ Bn)

TABLE 8 Europe Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 9 Europe Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 10 Europe Luxury Cosmetics Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 11 Asia Pacific Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Luxury Cosmetics Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 14 Latin America Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 15 Latin America Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 16 Latin America Luxury Cosmetics Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 17 Middle East Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 18 Middle East Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 19 Middle East Luxury Cosmetics Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 20 Africa Luxury Cosmetics Market, by Type, 2015-2027 (US$ Bn)

TABLE 21 Africa Luxury Cosmetics Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 22 Africa Luxury Cosmetics Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 23 L’Oréal: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 24 Shisiedo Company Ltd: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 25 Christian Dior: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 26 Puig: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 27 Coty Inc: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 28 Kao Corporation: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 29 REVLON INC: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 30 Estee Lauder Companies International, INC: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 31 Oriflame Cosmetics AG: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 32 KOSE Corporation : Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 33 Unilever PLC: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 34 The Proctor & Gamble (P&G) Company: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 35 Pat McGrath Cosmetics LLC : Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 36 Ralph Lauren Corporation: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments