The What: Cosmetic company Lush paid £4 million in bonuses to its top executives last year despite profits plummeting by 90%. During the same period, the company also received £5.1 million in government support, including reduced business rates and for staff.
The Details: Lush recorded a loss of £260,000 for the financial year, contrasting sharply with a profit of £21.7 million for the previous year. It attributed its poor performance to various factors, including the pandemic’s fallout, the Russia-Ukraine conflict, and Brexit. Lush has also distanced itself from social media due to its supposed ‘dangerous impact’ on teenagers’ mental health, a move that might have affected sales.
The Why: Despite the financial setback, Lush justified the bonuses as recognition for the management team’s successful takeover of its North American branch, terming it a significant transaction for the group. The company’s approach to addressing these challenges and its active social and political stances indicate a commitment to its principles even amid fiscal turmoil.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
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Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
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Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
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Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.