Beauty

The latest news

Bluegem sells Beautynova majority stake to PAI Partners

Bluegem sells Beautynova majority stake to PAI Partners

London-based Bluegem, the private-equity firm, has struck a deal with PAI Partners for the latter to acquire a majority stake in Beautynova, the professional haircare platform.
Fashion
UK luxury is £81bn industry says new report

UK luxury is £81bn industry says new report

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 
Fashion
Cohere Beauty names new SVP, business development

Cohere Beauty names new SVP, business development

Cohere Beauty announced on Thursday the appointment of Tara Chacho to the role of senior vice president, business development.
Beauty
Ulta Beauty's annual profit forecast misses estimates as costs climb

Ulta Beauty's annual profit forecast misses estimates as costs climb

Ulta Beauty on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down 4.5% in extended trading.
Beauty
John Lewis back in profit, fashion sales rise

John Lewis back in profit, fashion sales rise

​John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
Procter & Gamble head of skin and personal care retires

Procter & Gamble head of skin and personal care retires

Procter & Gamble head of skin and personal care Markus Strobel has retired from his role at the U.S. consumer goods giant, effective August 1.
Beauty
Celine unveils the contours of its first make-up line

Celine unveils the contours of its first make-up line

Following the launch of its haute parfumerie collection in 2019, luxury house Celine will be delving into the world of make-up from next autumn.
Beauty
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

​Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Interactive experiences a must for in-store beauty buys - survey

Interactive experiences a must for in-store beauty buys - survey

Just how important is it for consumers to have in-store support to get a beauty purchase right? New research says it’s key for just about everyone, but are brands/retailers providing the right back-up to get them there?
Beauty
Otto Group unveils leadership succession plan

Otto Group unveils leadership succession plan

​Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Perfume retailer Douglas seeks up to 30 euros per share in Frankfurt IPO

Perfume retailer Douglas seeks up to 30 euros per share in Frankfurt IPO

German perfume retailer Douglas said Monday it would sell shares at 26 to 30 euros ($32.8) in of one Europe's first major initial public offerings this year.
Beauty
Shiseido names Alberto Noé president and CEO of EMEA region

Shiseido names Alberto Noé president and CEO of EMEA region

On March 1, Alberto Noé assumed the role of president and CEO of the Europe, Middle East and Africa (EMEA) region for Japanese cosmetics group Shiseido, succeeding Franck Marilly.
Beauty
HMV rescuer mulls Body Shop bid, beauty chain shuts American ops

HMV rescuer mulls Body Shop bid, beauty chain shuts American ops

​One of the UK high street’s most prominent rescuers is reportedly mulling a bid for The Body Shop, while the company has shut its US stores and is liquidating some Canadian outlets. 
Beauty
Luxury e-tail crisis: Is it game over for sector's biggest names?

Luxury e-tail crisis: Is it game over for sector's biggest names?

Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion
Matches to go into administration following purchase by Frasers

Matches to go into administration following purchase by Frasers

​In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

Hugo Boss has record 2023, sees more growth ahead despite tough backdrop

​Hugo Boss’s results report on Thursday showed just how strong the German high-end fashion giant is, with 2023 being a record year for the business and further improvements predicted for FY24.
Fashion