Picture: for illustration purposes
The drive for personal wellness, good looks, and the desire to feel good about oneself is reflected in Clicks' recent market performance. Consumers continue to indulge in cosmetics, skincare products, and edible beauty nutrients such as collagen, alongside sport and slimming supplements, boosting the sales of the health and beauty retailer. Data released shows that Clicks' adjusted headline earnings, excluding base insurance payouts, have surged by 11.1% to a whopping R2.5bn in the year ending in August. This impressive growth is further demonstrated by the overall sales exceeding the R41bn mark.
This consistent growth affirms the prevalence of a health and beauty-conscious market that's willing to invest in small luxuries in South Africa. In the context of a struggling economy and increased competition among brands and retailers, Clicks' success in this consumer-driven market showcases their readiness to meet the evolving needs and desires of their customers.
The data also highlights the rise of "edible beauty," an emerging trend that involves the consumption of nutrients like collagen that actively contribute to enhancing one's physical appearance. The trend goes hand-in-hand with the continued popularity of sport and slimming supplements, indicating a comprehensive approach to personal wellness and physical aesthetics among the consumers of today.