Agreed. Australia is only so big... another factor is an increasing number of Beauty and Cosmetic brands trading B2C.
One such example is Loreal trading direct and more recently on marketplaces like eBay with a range of their respective brands.
This may hinder the growth of companies such as Adore Beauty if consumers look to buy direct from brands. Having said that, Adore Beauty have an ace up their sleeve in the form of the loyal following they have established which will hold them in good stead.
IPO - Adore Beauty Group Limited, page-32
Add ABY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.05 |
Change
0.010(0.97%) |
Mkt cap ! $98.18M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.07 | $1.02 | $34.11K | 32.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2743 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2955 | 1 |
View Market Depth
| Last trade - 15.55pm 07/11/2024 (20 minute delay) ? |
| ABY (ASX) Chart |