08.10.22
Bolstered by record Q3 sales, HydraFacial is set to expand in Galeries Lafayette this fall.
The brand is partnering with the department store’s aesthetic clinic provider Innerskin. Under terms of the deal, Hydra Facial gets a spot on the retailer’s mega wellness floor called La Wellness Galerie, which will span more than 30,000 square feet. When it officially opens in September, offerings will cover wellness, beauty, self-care, energy and sport. Hydrafacial's patented skincare technology promises to cleanse, extract and hydrate skin. The procedure gets backed with a range of serums.
The news comes as BeautyHealth, the company behind HydraFacial that went public through a Special Purpose Acquisition Company (SPAC), reported record net sales of $103.5 million in the three months ended June 30, up from $66.5 million in the same period a year earlier. In the Americas, its largest business, sales surged 77% to $75.4 million, while sales for Europe, the Middle East and Africa rose 56% to $17.8 million. In Asia-Pacific, sales fell to $10.4 million from $12.4 due to Covid-19 lockdowns. Net income was $7.9 million, compared with a net loss of $139.4 million a year earlier.
Approximately 60% of HydraFacial’s distribution is through medical channels such as dermatologists and plastic surgeons, while the other 40% is classed as non-medical channels and includes retail. In the US, it’s in Sephora, Nordstrom and Ulta; in the UK, it is available at John Lewis.
The brand is partnering with the department store’s aesthetic clinic provider Innerskin. Under terms of the deal, Hydra Facial gets a spot on the retailer’s mega wellness floor called La Wellness Galerie, which will span more than 30,000 square feet. When it officially opens in September, offerings will cover wellness, beauty, self-care, energy and sport. Hydrafacial's patented skincare technology promises to cleanse, extract and hydrate skin. The procedure gets backed with a range of serums.
The news comes as BeautyHealth, the company behind HydraFacial that went public through a Special Purpose Acquisition Company (SPAC), reported record net sales of $103.5 million in the three months ended June 30, up from $66.5 million in the same period a year earlier. In the Americas, its largest business, sales surged 77% to $75.4 million, while sales for Europe, the Middle East and Africa rose 56% to $17.8 million. In Asia-Pacific, sales fell to $10.4 million from $12.4 due to Covid-19 lockdowns. Net income was $7.9 million, compared with a net loss of $139.4 million a year earlier.
Approximately 60% of HydraFacial’s distribution is through medical channels such as dermatologists and plastic surgeons, while the other 40% is classed as non-medical channels and includes retail. In the US, it’s in Sephora, Nordstrom and Ulta; in the UK, it is available at John Lewis.