Notino Revenue Climbs to €1.76 Billion as European Beauty Demand Remains Resilient
Notino, Europe’s largest online beauty and health retailer, reported revenue of €1.76 billion for its latest financial year, underscoring the resilience of the region’s beauty e-commerce market despite a more challenging retail environment.
The Czech-based company generated 11.5% year-on-year revenue growth during the financial year ending in April 2026, driven by continued expansion across European markets, increasing customer engagement, and sustained demand for premium beauty and personal care products. The results reinforce Notino’s position as one of Europe’s most prominent cross-border online retailers at a time when many e-commerce businesses are experiencing slower post-pandemic growth.
While consumer spending across Europe has remained under pressure from elevated living costs and cautious household budgets, the beauty category has continued to outperform broader discretionary retail. Industry analysts have increasingly pointed to cosmetics, skincare and fragrances as segments that benefit from recurring purchases and strong customer loyalty, providing retailers such as Notino with greater resilience during periods of economic uncertainty.
Strong Recovery After Holiday Season
The company said trading conditions varied throughout the year. Sales growth moderated during the traditionally important Black Friday and Christmas shopping season, reflecting a more competitive promotional landscape and cautious consumer spending. However, momentum accelerated sharply during the opening months of 2026, with revenue growth reaching 27%, signalling renewed demand and effective customer acquisition strategies.
Cross-Border Expansion Continues
Founded in Brno, Czech Republic, Notino has evolved from a regional online perfume retailer into a pan-European marketplace serving customers in 27 countries. Its business model combines centralised logistics with localised websites, language support, regional payment options and tailored marketing campaigns, allowing the company to scale efficiently while adapting to local consumer preferences.
The retailer now serves more than 40 million customers, supported by an omnichannel strategy that extends beyond e-commerce. Alongside its online operations, Notino continues to invest in physical stores, beauty consultation services and mobile commerce, seeking to strengthen customer engagement across multiple touch points. This integrated approach has become increasingly important as retailers compete on customer experience rather than price alone.
Cross-border commerce remains a key pillar of Notino’s expansion strategy. By leveraging a unified logistics network while maintaining localised shopping experiences, the company has been able to enter new markets without the substantial infrastructure investments typically associated with traditional retail expansion. The model also enables greater operational efficiency and inventory management across Europe.
Beauty E-commerce Maintains Momentum
The latest performance reflects broader trends within the European beauty sector, where online sales continue to capture a growing share of consumer spending. Demand for skincare, wellness products and premium fragrances has remained robust, supported by social commerce, influencer marketing and increased digital engagement. These factors have helped offset softer demand in other retail categories and reinforced beauty’s reputation as one of e-commerce’s most resilient verticals.
Outlook
Looking ahead, Notino appears well positioned to capitalise on the continued digitalisation of beauty retail across Europe. With a growing customer base, expanding omnichannel capabilities and strong momentum entering 2026, the company is expected to continue investing in technology, logistics and customer experience as competition intensifies among online beauty retailers.
For the wider European e-commerce industry, Notino’s latest results provide another indication that businesses with strong cross-border infrastructure, local market expertise and diversified customer engagement strategies remain well placed to deliver sustainable growth despite an increasingly competitive retail landscape.