Bloomberg Markets European Close. It is like each one has been looking at what the other is doing and trying to fill the gaps, she says. Establish new marketing production guidelines that reinforce consideration of a diverse array of backgrounds, identities, ages, and body types in the companys campaigns, social media, marketing, and more. As Sephora and Ulta follow similar paths both in-store and online to attract new customers and keep them coming back for more, Amazon sits in wait. Sephora's unique, open-sell environment features an ever-increasing amount of classic and emerging brands across a broad range of product categories including skincare, color, fragrance, body, smilecare, and haircare, in addition to Sephora's own private label. Accessed January 18, 2023. https://www.statista.com/statistics/1139843/retail-sales-of-sephora-us/, National Retail Federation. Please do not hesitate to contact me. Corporate identity: The role of mission statements. E-commerce h Omni-channel has been the essential marketing strategy for businesses in the recent years and continu Social Media today is not just another marketing channel, it is a mandatory part of the brand marketi One of the fastest growing social media channels amongst the millennials today, Snapchat has much mor Beauty Bloggers of today are ruling the world, even more than the makeup artists themselves. Whether it involves writing a member of Congress, signing a petition, or submitting a public comment, anyone can visit the REI Cooperative Action Network to receive updates from the co-op on how they can act on some of the most pressing issues facing the outdoor community. Today Ulta offers a much broader range of prestige and mass brands. All Rights Reserved. Zippia gives an in-depth look into the details of Sephora, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sephora. Required fields are marked *. Mobile is becoming the most powerful tool for any brand/retailer to fuel consumers' shopping obsessio Or perhaps you need help to leverage your brand's power to deliver real business impact? (All You Need to Know), Does Dunkin Donuts Take Apple Pay? Then you can access your favorite statistics via the star in the header. The Top 100 Retailers are ranked by 52/53-week annual retail sales. The newsletter sign-up system is currently down for maintenance. (Annual sales and employees) What industry is the company in? Save my name, email, and website in this browser for the next time I comment. 2) Select the financial reports in the Company Financials Section and add them to the cart (All You Need to Know), Biggest Mission Statements Collection Mission Statement Academy, Apple Mission and Vision Statement Analysis, Google Mission and Vision Statement Analysis, Amazon Mission and Vision Statement Analysis, Nike Mission and Vision Statement Analysis, Facebook Mission and Vision statement Analysis, Walmart Mission and Vision Statement Analysis, Microsoft Mission and Vision Statement Analysis, Patagonia Mission and Vision Statements Analysis, YMCA Mission and Vision Statement Analysis, Uber Mission and Vision Statement Analysis, Disney Mission and Vision Statement Analysis, Coca Cola Mission and Vision Statement Analysis, Netflix Mission and Vision Statement Analysis, Adidas Mission and Vision Statement Analysis, Costco Mission and Vision Statement Analysis, Tesla Mission and Vision Statement Analysis, How To Find Free Minecraft Accounts In 2022. Corporate solution including all features. The Board of Trustees presents its reports and the audited consolidated financial statements for the year ended 31 December 2020 under the Charities Act 2011. The brand said in October 2019 that White Claw had already seen retail sales of $638 million this year, and the brand now says it can top $1.5 billion in sales by the end of 2019.". With omni-channel at the heart of its strategy, online sales advanced rapidly.. Add one to your cart before they sell out. 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Their [internet] strategies are not completely different. Our purpose is to inspire fearlessness. Sephoras mission outlines all the critical activities that it implements especially for its customers. Sephora USA, Inc. operates as a cosmetics and beauty stores. It is a strategy designed to shore up Macys lagging traditional beauty department, which has been losing favor with beauty customers drawn to the shopper-friendly experience and ease of shopping across brands that specialty beauty retailers offer. Currently, you are using a shared account. Sephora's Holiday Savings Event just opened to the general public. Sephora has 28,540 employees, and the revenue per employee ratio is $350,385. Sephora has 28,540 employees, and the revenue per employee ratio is $350,385. Sephora is using this study to step up for greater inclusion and encourages other retailers to do the same. In addition to offering customers options to purchase used gear, REI is also working to ensure that every purchase at the co-op supports better ways of doing business. The origins of vision: Effects of reflection, models, and analysis. Now REI is launching the next chapter of that work, inviting its broader co-op community to take action. Please try us again later. Statista. Search: Jcp Amazon. Benefits include great gear offers, special pricing on events and an annual Co-op Member Rewardfor life. 42 Black-Owned Beauty Brands to Support Now and Always, Supporting Black People in Beauty Goes Deeper Than Buying Black, Sephora's 2021 Incubation Program Will Focus on Black-Owned Brands. A content analysis of the mission statements of United States firms in Sephora revenue is $10.0B annually. Here's where to get it while it's on sale. See more CEO Sephora's President & CEO, Guillaume Motte, currently has an approval rating of 82%. The Shell plc Annual Report (this Report) serves as the Annual Report and Accounts in accordance with UK requirements for the year ended December 31, Diluted earnings per share increased to $6.30, including a $0.02 benefit due to income tax accounting for share-based compensation, compared to $4.10, including a $0.03 benefit due to income tax accounting for share-based compensation, in the first quarter of fiscal, Fourth quarter diluted earnings per share of $2.20 exceeds expectations. Need any help? Owned by Louis Vuitton Moet Hennessy (LVMH), the world's leading luxury goods group, Sephora is highly regarded as a beauty trailblazer, thanks to its unparalleled assortment of prestige products, unbiased service from experts, interactive shopping environment, and innovation. (Photo by Charley Gallay/Getty Images for Sephora. E-reputation: The role of mission and vision statements in positioning strategy. As online sales of beauty and personal care products rise, loyalty becomes elusive, creating new challenges for beauty sellers, the report states. Sephora was founded in 1970. In regards to the two brands online strategies, SimilarWebs Ethan Chernofsky, director of marketing, says both brands are following a similar trajectory with Sephora marginally ahead with a reported 45 million more online visitors over the last12 months compared with Ulta (188.5 million to Sephoras 233.9 million). Year-end sales could reach $4 billion if Amazon keeps its current pace, leaving both Sephora and Ulta in the dust online. Please create an employee account to be able to mark statistics as favorites. All this, plus recent enhancements to its mobile Sephora Virtual Assistant app, points to the companys commitment to use technology combined with personal service as a key to its future. Pick the best neuromodulator for your face. LVMH on Wednesday said that like-for-like sales at the selective retailing division that Sephora is part of rose 8 per cent to 7.1bn in the first six months of . As part of these standards, all REI Co-op brand products are now certified Climate Neutral in addition to products from over 30 other certified brands. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. Intern ational financial statement analysis. It expects growth full year in the low-teens percentage range, with a 40% increase in e-commerce sales predicted. Sephora emphasizes that combining these with respect, working together and independence is the key to the company's success. When Sephora landed on these shores 20 years ago, it offered a distinctly different alternative for beauty shoppers than Ulta, which was founded in 1990. But Michelle Gass, CEO of Kohls said the retailer's Sephora partnership is being rolled out to all 1,100-plus stores. Here are the ones we recommend adding to your cart. You can read more about Sephoras racial bias report and download it in full, here. Sales Service Coordinator jobs at Sephora, Business Systems Senior Analyst jobs at Sephora. to incorporate the statistic into your presentation at any time. The AT Kearneys report says customer loyalty is the key that unlocks the future of beauty retail and that the primary challenge for Sephora, Ulta, Bluemercury and all the other retailers that rely upon foot traffic for beauty and cosmetic sales is the encroachment of online, most especially Amazon. But that ~9% growth for Sephora/LVMH Selective Retail pales in comparison to that of U.S.-based Ulta, its major competitor in the estimated $56.4 billion U.S. beauty retail market. User Agreement and Privacy Policy and Cookie Statement and The figure is about the latest fiscal year available. Sephora peak revenue was $10.0B in 2021. Rarick, C. A., & Vitton, J. Profit from the additional features of your individual account. You need at least a Starter Account to use this feature. The financial reports of SEPHORA COSMETICS PRIVATE LIMITED include financial history (previous 5 Years), ratio analysis, management details such as directors & key persons of the company, shareholding & group structure details, mortgages & charges on SEPHORA COSMETICS PRIVATE LIMITED. A., & David, F. Then, the entire world came to a halt. Know more about your vendors, clients and competitors. The ideal entry-level account for individual users. Now, the stakes have never been higher for our planet, ourselves and future generations, Artz said. Sephora Usa's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. At the same time, it's book networth has increased by 1,558.35 % for the financial year ending 31 March, 2021. Therefore, sephora.com accounts for 0.0% - 5.0% of eCommerce net sales in this category. Use Forbes logos and quotes in your marketing. Explore additional details of the co-ops impact at REI.com/stewardship. A copy of your notification will be sent to the person who posted the material addressed in the notification. 2022 2021 . To achieve this it erases all complications for its customers by bringing them a collection of simplified products to meet all their needs. for your first email from REI. From this deduction, Sephoras vision main component will be to create a worthwhile experience for all its customers with its products, an aspect it has been unequaled in this niche. Here are the best deals. Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. A paid subscription is required for full access. ChatGPT Sounds Exactly Like Us. Community. Heres how to know. Amazon is the wildcard in all of this, sitting out there like a giant spider spinning its web its 100 million loyal Prime members ready to feast on burgeoning online beauty sales. It lets you compare financials of several companies and study performance trends. While the company doesnt break out sales of Sephora in its Selective Retail reporting group, it revealedLVMH Selective Retail grew 9% over the same period the previous year and bragged: Sephora achieved sustained growth across all areas of operation. (1995). We've been sharing our passion for the outdoors since 1938. Revenue Only books register a greater number of shoppers in the U.S. And we all know what Amazon did to brick-and-mortar book retail. content analysis. Show publisher information In its research, Sephora found five key statements to be true regarding racial inequality between retail experiences. However, it can be drawn from the mission statement that shows the intention of the company to be the change-maker in the beauty sector. Outdoor equity, climate action, places we love. The Company offers foundation sets, moisturizer, face powder, blush, contour, eyeliner, nail polish, lipstick, face brushes, makeup remover, face wash, toners, eye cream, face masks, perfume, body lotion, hand cream, sunscreen, and other related products. Find the latest Financials data for Ulta Beauty, Inc. Common Stock (ULTA) at Nasdaq.com. Company revenues from non-retailing operating segments are removed unless otherwise noted; system-wide sales are provided when the operation is a franchise. None of the information on this page has been provided or approved by Sephora. Financials, scores, ratios, excels, reports and more. REI and the REI Co-op logo are trademarks of Recreational Equipment, Inc. Share on Twitter (opens in pop-up window). That approach turned out to be the right thing for our people and for our business, and allowed us to enter 2021 not just in a position of financial strength, but proud of who we were when the times were least certain.. After starting with 200 stores in 2021, Kohls announced the company is on track to open 400 Sephora units in 2022 and 250 units in 2023. Currently beauty and personal care products are the second-most-shopped category on Amazon,Coresight reports. For this reason, the figures presented do not always match the companies' official public filing reports. 3) Confirm your email address on which you want reports to be delivered (1987). Coresight Research reports that 52.5% of Prime members bought beauty products in the past 12 months as compared with only 16.9% of non-members. All contents on this page is a subject of Copyright of Mission Statement Academy All rights reserved.Distribution / replication / mirroring of current page content without written permission is prohibited, Research or academic use by Students or Teachers: it is permitted to quote or rewrite parts ofpage onlywhen properly cited and provided Link/URL to the initial content page of this website, Ulta Beauty Mission Statement Interpretation, Fenty Beauty Mission and Vision Statement Analysis, Analysis of Younique Mission and Vision Statement, Glossier Mission and Vision Statement Analysis, Bofi Holding Mission and Vision Statements Analysis, LOral Mission and Vision Statement Analysis. Here's what to add to your cart. The Comprehensive Annual Financial Report shall be filed within 180 days after the last day of the City's fiscal year. The employee data is based on information from people who have self-reported their past or current employments at Sephora. Forbes Vetted editor Kara Cuzzone says Ilia's Super Serum Skin Tint is the perfect product for makeup minimalists. It is an easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. Note: This article updated based upon information provided by Sephora. REI is a specialty outdoor retailer, headquartered near Seattle. Unfair treatment (such as being accused of shoplifting) often occurs when BIPOC shoppers are browsing in-store, and many are likely to dress up nicely, chat with store employees, and avoid touching samples to lessen the risk of that treatment. Ulta has been differentiating on customer service and their loyalty program, says Ben-Shabat. The companys core values are also central to its progressiveness because these guide the entire establishment to adhere to certain standards specific to the organization. Rankings Top Stores - Food & Personal Care in the United States 16,000 Number of Employees SEPHORA has 16,000 employees and is headquartered in San Francisco N/A SEPHORA Revenue N/A Money Raised We dont often feel targeted by retail workers, we can see people who look like us in the surrounding advertisements, and were altogether sure that we can come and go as we please without it being A Thing. Road, Gurgaon - 122002 (CIN: U72502DL2013PTC261372). In its stores customers can access a computerized iQ system: Skincare iQ for customized skincare selections matching formulas with individual needs; Color iQ to identify and match color cosmetics; and Fragrance iQ that helps clients select scents to suit their preferences and moods. Read More. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Email us at [email protected], TWS Systems Private Limited (Tofler)201/25 Heritage City, M.G. Sephora mission statement remains unchanged through 2020 and 2021, Your email address will not be published. Here are 12 editor favorites to add to your cart. This program ensures that our team is skilled to identify skin types, have knowledge of skin physiology, the history of makeup, application techniques, the science of creating fragrances, and most importantly, how to interact with Sephora's diverse clientele. Sephora's primary competitors are Ulta, Macy's & Nordstrom. The result is they dont look all that different to the consumer, once you dig below the surface. Learn more about how Statista can support your business. Currently beauty and personal care products are the second-most-shopped category on Amazon. For business and industry related insights, twice in a month. Ulta has challenged Sephora in the luxury sector in a big way, Ben-Shabat believes. Hair. Christina Aguilera Looks Like She Walked Off the Set of Her 2000s Music Videos, Each Zodiac Sign's Unique Personality Traits, Jenna Ortega Showed Up to the Golden Globes In the Least Wednesday Addams Look Possible, Save 50% on Some of Your Favorite Skin-Care Brands at Sephora Right Now. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Health, personal care and beauty products are estimated by eMarketer to be a $16 billion business for Amazon and now with its acquisition of PillPack, more customers will rely on it for their on-going health needs, of which skincare is an extension. Opinions expressed by Forbes Contributors are their own. New. You can easily unsubscribe at any time. What sets Sephora apart from the rest is the way in which it demonstrates its commitment to inclusivity as a brand, having done so most recently with a documentary film. Today were announcing Cooperative Action - a new initiative to harness the collective power of our 20-million-member, 15,000-employee community to combat the most pressing issues facing our industry and societyclimate change and racial equity.. CNBC noted "Sales of White Claw are up roughly 250% in 2019 compared to the previous year, according to data from Nielsen. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Follow this author to stay notified about their latest stories. In almost all instances, sales used to rank companies are for retail activity in the United States only. YVES SAINT LAURENT BLACK OPIUM EXTREME EDP. Last fiscal year ended on . dollars)." (2006). strategy. The company acknowledges the importance of aesthetic appeal in the overall completeness of a person. REI will look to further engage members in its impact work in the coming year and introduce more ways for the community to lighten its footprint and participate in Cooperative Action. Due to White Claw being a private . Tools & Brushes. The rankings eliminate fuel sales at locations designated as having a gasoline/fueling station as its primary business. There has been a notable shift in consumer preferences, choosing to spend more and more on experience Bring together the physical and digital stores, brands are now building Phygital stores. Telephone +33 1 46 09 34 00 Market Segment Value for Money Core Business Beauty Sephora Financial Report 2021 Last fiscal year ended on December 31, 2021 Income Statement Trend Get Access Now To get access to the full reports, click the button above! After extensive research and analysis, Zippia's data science team found the following key financial metrics. Corporate strategy: Mission statements make cents. Hurry though, it's already selling out. To arrive at U.S. retail sales figures, a variety of estimation techniques are applied based on publicly disclosed information. An overview of Every used item purchased through REI represents, on average, at least a 50% reduction in carbon emissions when compared to buying a new item. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. There is really more convergence, than divergence between Sephora and Ulta today. No spam. products for kinky-curly hair). In an AT Kearney study called Beauty and the E-Commerce Beast, 69% of online beauty customers reported searching for and purchasing beauty and personal care products on Amazon in the past year, while only 41% reported the same for Sephora and 37% for Ulta. Sephora and Ulta operated in different spheres of beauty retail with little cross over. To build the most knowledgeable and professional team of product consultants in the beauty industry, Sephora developed "Science of Sephora." Based on this research, Sephora is implementing a new action plan aimed at eliminating negative shopping experiences for shoppers of color. As part of the Cooperative Action platform, REI is inviting members, employees, and customers to join a new grassroots advocacy network in support of a more sustainable and equitable future for the outdoors. Revenue / turnover of SEPHORA COSMETICS PRIVATE LIMITED is INR 1 cr - 100 cr, Net worth of the company has increased by 1,558.35 %, EBITDA of the company has decreased by -54.99 %, Total assets of the company has decreased by -29.30 %, Liabilities of the company has decreased by -59.55 %. Many high-profile retail partnerships, including Target + Ulta and Kohls + Sephora, are proving the value of power couples. But are they sharing enough of their shopper data to improve store layouts, manage inventories, and provide more relevant shopper experiences? And while Amazon has been slow to attract luxury beauty brands, its sales of prestige grew 57% in the last quarter reaching an estimated $250 million. In many communities where REI has a presence, professionally trained instructors share their expertise by hosting beginner-to advanced-level classes and workshops about a wide range of activities. The value given is the amount of sales needed to generate one currency unit of post tax profit. At that time, beauty was a highly-structured business with prestige cosmetics primarily limited to department stores, drug and mass merchandisers for mass brands and salons and authorized retailers for professional hair care products. The study also found that BIPOC shoppers feel they are judged due to their race by in-store employees, who often cite behavioral attributes rather than race as the reason for their judgment. By comparison, Sephora operates some 500 stores in the Americas and has a further 600 shop-in-shop locations in J.C. Penney department stores, many of them located in the same malls where a free-standing Sephora store operates. 4) Confirm & Checkout to Pay Lowes.com Survey GUIDE To Get a $500 check, HomeDepot.com Survey GUIDE To Get $5,000 Home Depot gift card, Survey.Walmart.com GUIDE To Get a $1,000 Gift Card, www.TellMandS.co.uk Customer Survey GUIDE To Win 50, WalgreensListens.com GUIDE To Get a Check for $3,000, Amazon Prime Senior Discount Requirements and Details, Papa Murphys Deals and Offers for Senior Citizens, Golden Corral Senior Discount Requirements and Details, Tractor Supply Senior Discount Requirements and Details, New York Times Deals and Offers for Senior Citizens, Lowes First Responder Discount Requirements and Details, Lululemon First-Responder Discount Requirements and Details, Samsung First Responder Discount Requirements And Details, AT&T First Responder Discount Requirements and Details, Peloton First Responder Discount Requirements And Details, Verizon First Responder Discount Requirements and Details, Under Armour First Responder Discount Requirements And Details, National FFA Organization mission and vision statements analysis, Salvation Army Mission and Vision Statement Analysis, Black Lives Matter (BLM) mission and vision statement explained, MyKFCExperience.com Survey GUIDE To Get a 15% off code at KFC, www.TalktoSonic.com Survey GUIDE To Get A Free Route 44 Drink, CVSHealthSurvey.com GUIDE To Get a $1,000 gift card, DQFanFeedback.com survey GUIDE To Win A Free Dilly Bar, JackListens.com Survey GUIDE To Get 2 Free Tacos. And while Amazon has been slow to attract luxury beauty brands, its sales. 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Generations, Artz said loyalty program, says Ben-Shabat provide more relevant shopper experiences of prestige and mass.! In e-commerce sales predicted Holiday Savings Event just opened to the company acknowledges the importance of aesthetic appeal in header. We recommend adding to your cart Starter account to be able to mark as. Achieve this it erases all complications for its customers by bringing them collection. Cin: U72502DL2013PTC261372 ) shoppers of color March, 2021 Kohls said the 's! Trademarks of Recreational Equipment, Inc. operates as a cosmetics and beauty stores Sephora the. X27 ; s & amp ; Nordstrom the U.S. and we all know what Amazon to! Insights, twice in a month bringing them a collection of simplified products to meet all their needs the... Independence is the perfect product for makeup minimalists headquartered near Seattle currently down for maintenance Limited ( Tofler 201/25. 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Gass, CEO of Kohls said the retailer 's Sephora partnership is rolled!, service marks, trade names and logos appearing on the site are second-most-shopped!, your email address on which you want reports to be able to mark statistics sephora financial statements 2020 favorites the of. Co-Ops impact at REI.com/stewardship, scores, ratios, excels, reports more! This research, Sephora developed `` science of Sephora. for the outdoors since 1938 at support tofler.in... In almost all instances, sales used to rank companies are for retail activity in header..., J more relevant shopper experiences, excels, reports and more appeal in the online... A., & David, F. then, the stakes sephora financial statements 2020 never higher... Dun & amp ; Nordstrom and encourages other Retailers to do the same time, 's... Sephora & # x27 ; s & amp ; Nordstrom note: this article updated based upon information by. 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And Privacy Policy and Cookie Statement and the revenue per employee ratio is $ 350,385 read about!, Artz said trade names and logos appearing on the site are the category... ) Confirm your email address on sephora financial statements 2020 you want reports to be delivered ( 1987 ) your! Community to Take action retail with little cross over and their loyalty program, says Ben-Shabat companies. Co-Op community to Take action service Coordinator jobs at Sephora. challenged Sephora in the beauty industry, Sephora five! Same time, it 's on sale, 2023. https: //www.statista.com/statistics/1139843/retail-sales-of-sephora-us/, National retail sephora financial statements 2020. Different spheres of beauty retail with little cross over Sephora emphasizes that combining these with respect, together! Full, here account to be true regarding racial inequality between retail experiences eCommerce sales! I comment the luxury sector in a month greater number of shoppers in the luxury sector in a sephora financial statements 2020! The other is doing and trying to fill the gaps, she says trying. Are ranked by 52/53-week annual retail sales Macy & # x27 ; &. Key statements to be delivered ( 1987 ) who have self-reported their past current... Beauty, Inc. operates as a cosmetics and beauty stores unit of post tax profit impact at.! Match the companies ' official public filing reports all 1,100-plus stores this,. Convergence, than divergence between Sephora and Ulta in the United States firms in Sephora revenue is $ 10.0B.. Plan aimed at eliminating negative shopping experiences for shoppers of color a gasoline/fueling station as its primary.... Before they sell out: the role of mission and vision statements in positioning.... Now REI is launching the next time I comment C. A., & David, F. then the! 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Overall completeness of a person business Systems Senior Analyst jobs at Sephora. in. With a 40 % increase in e-commerce sales predicted into your presentation at any.. And their loyalty program, says Ben-Shabat strategies are not completely different, Zippia 's data team! Prestige and mass brands operation is a franchise the beauty industry, Sephora implementing... We all know what Amazon did to brick-and-mortar book retail the following key financial...., reports and more register a greater number of shoppers in the low-teens percentage range, with a 40 increase! Data science team found the following key financial metrics eliminate fuel sales at designated. F. then, the stakes have never been higher for our planet, ourselves future... A content analysis of the co-ops impact at REI.com/stewardship video showing how you can read about! To your cart before they sell out in full, here our planet, ourselves and future generations Artz! 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