Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the app may have breached UK's data protection law by failing to safeguard privacy of children using the platform.

Rewards programmes are not exclusively reserved for mainstream retail. Luxury retailer Harrods has launched ‘MyBeauty from Harrods Rewards’, a specifically curated programme for its beauty customers.

​The UK retail euphoria around news that VAT-free shopping for tourists is returning and will include EU visitors has been tempered by suggestions it won’t happen until 2024. But retail is pushing for an earlier date.

​Estée Lauder has a major fashion label license to add to its portfolio. It has announced a license deal with Balmain for “an innovative line of beauty products to speak to luxury consumers around the world”.

​Frasers Group had an update on its offer to buy MySale on Monday with some shareholders accepting its offer, despite the board having rebuffed it.

​There was big news from Unilever on Monday as its CEO Alan Jope announced that he’s quitting at the end of next year after five years at the helm.

The Estée Lauder Companies announced on Friday that Justin Boxford has been appointed global brand president, Estée Lauder. 

As part of the terms, Skinbetter Science will be integrated into L'Oréal under Christina Fair, president of the active cosmetics division at L'Oréal USA.

Dressed in a black leather look, jacket open on his bare torso, the American artist presents some of the luxury brand's new makeup products, including Lash Clash mascara and Rouge Pur Couture The Bold lipstick.

​In what has been called a ‘mini budget’, the UK government on Friday not only said that it would bring back VAT-free shopping for tourists to Britain but that it would be a better system than the one abolished in 2021.

Brazilian cosmetics group Natura & Co. has recently stated it is not envisaging applying for a separate listing for its brand Aesop, nor selling The Body Shop, denying rumours about a possible restructuring.

Coty Inc. announced on Thursday it plans to double skincare sales by full-year 2025, as the beauty giant homes in on skincare and its prestige brands -- Lancaster, Orveda, philosophy, Kylie Skin and SKKN by Kim.  

Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl's Corp , may now be pushing for the removal of the U.S. retailer's chief executive and board chairman.

It’s going to be the “world’s first luxury virtual reality shopping universe”, we’re told. And although the so-called Xydrobe universe doesn’t officially open until 2023, it has just started taking registrations.

​With the key festive selling season looming, Dior has announced that it’s paying “tribute to the unbreakable ties it has woven with Harrods over nearly 70 years, and to Christian Dior’s love of Christmas celebrations”. 

U.S. skincare brand Evereden announced on Wednesday it has entered into a global partnership with French beauty retailer Sephora, which will see the New York-based brand enter six new international markets.