THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet.
Beauty was big at Christmas, as results from Boots, The Fragrance Store and The Perfume Shop testify. Now we can add Lush to the list as the high street retailer reported its highest-ever trading month in December.
Space NK saw its turnover rising in its latest year, reaching £119.1 million. That compared to £111.8 million in the previous period, which had included the sales from a subsidiary it sold for a profit of £83.1 million.
Currently in charge of the consumer division in France, Céline Brucker, has just been appointed general manager of L'Oréal France. She will be succeeding Hervé Navellou, who is becoming president of L'Oréal France.
Ulta Beauty announced on Thursday revenues for the third quarter surged 17% to $2.3 billion, coinciding with double-digit comparable sales growth, which contributed to an earnings jump for the beauty retailer.
From sweatshirts in Thermolactyl to a new take on the iconic down jacket, here are the edgiest items to brave the winter, whether outdoors, gliding down the ski slopes, or indoors, nestling under a blanket.
Electricals giant Dyson has confirmed earlier reports that it will spend £500 million to expand and accelerate its R&D across its beauty portfolio. So expect it to launch 20 new beauty products in the next four years.