Insight Report 12 minutes PremiumBeauty Insights: An Analysis of Kohl’s and Sephora vs. Target and Ulta Beauty Partnerships—Which Retailers Win? Coresight Research December 22, 2020 What's InsideRecently, the two biggest beauty retailers in the US, Sephora and Ulta Beauty, announced partnerships with Kohl’s and Target, respectively. We look at the benefits that the partnerships offer each retailer and analyze which retailers are set to gain the most. This report is part of our Beauty Insights series, which explores prominent or emerging themes and trends in the global beauty market. Click here to read the previous report in the series, in which we discuss beauty brands’ and retailers’ performance during the Singles’ Day 2020 shopping festival, in partnership with CEW. CONTENTS What’s the Story? Why It Matters Beauty Partnerships: In Detail • An Overview of the Retailers: Kohl’s, Sephora, Target and Ulta Beauty • An Overview of the Partnerships • Benefits to the Beauty Retailers • Sephora: Expanding Off-Mall Physical Footprint • Ulta Beauty: Leveraging Target’s Status and Supply Chain • Access to New Customers—New to the Brands and New to Prestige Makeup • Benefits to Kohl’s and Target • Kohl’s: Beauty Category Growth • Access to Beauty Loyalty-Program Members • Increased Store Traffic What We Think This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Earnings Insights 4Q23, Week 3: Crocs, Herbalife and L’Oréal See Strong Sales Growth; Capri Holdings and Hanesbrands Report Sales DeclinesWeekly US and UK Store Openings and Closures Tracker 2024, Week 12: Burlington Stores To Open 140 US StoresInsights Video: Shoptalk 2023 HighlightsEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines