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THE WHAT? Rituals Cosmetics reported a record-breaking 12 months in 2023 with over 1.7 billion euros in internet income and a 22% international income progress, together with practically 20% progress in on-line gross sales.
THE DETAILS The model expanded internationally, opening practically 200 new shops and getting into the Asian market with shops in Malaysia, Singapore, Thailand, and mainland China. Rituals emphasised sustainability with initiatives just like the refill motion, contributing to the expansion of over 8 million bushes, and continued its deal with wellbeing by way of the enlargement of its Thoughts Oasis idea in flagship shops throughout Europe.
THE WHY? The model plans additional enlargement in 2024, aiming to cross the two billion euro income mark and open extra shops in Asia and Europe.
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