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Alibaba's Taobao unveils livestreaming innovations

Alibaba's Taobao unveils livestreaming innovations

​Alibaba’s Taobao Live is investing more heavily in livestreaming, a step that should boost its revenues and increase pressure on other e-tailers around the world to increase their livestreaming offers.
Fashion
Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods has unveiled the 29,000 sq ft store at Centre:mk with a massive mix of premium and luxury brands and experiences that it says "bring the magic of Harrods Beauty to Milton Keynes".
Fashion
Prestige beauty strong for Unilever in Q1, new Elida unit performing well

Prestige beauty strong for Unilever in Q1, new Elida unit performing well

Global home products giant Unilever said Thursday it delivered "strong growth” in its Prestige Beauty segment as all its divisions produced positive revenue gains in the first quarter.
Beauty
URW cautiously upbeat as reopenings look good so far

URW cautiously upbeat as reopenings look good so far

Malls giant Unibail-Rodamco-Westfield has delivered a Q1 update that showed turnover still "strongly impacted by ongoing Covid-19 restrictions”. But reopenings so far suggest plenty of pent-up demand.
Fashion
Grosvenor results dented as property values plunged, retail losses grew

Grosvenor results dented as property values plunged, retail losses grew

As expected, a poor performance from its retail operations hit the Grosvenor Group in its latest trading year as the pandemic caused the high-end property business to swing to its first loss since the financial crisis.
Fashion
White Company stays strong despite pandemic

White Company stays strong despite pandemic

The White Company did surprisingly well in the 12 months to August 1 last year and has reported group operating profit up 4% to £14.1 million.
Fashion
Nivea maker Beiersdorf CEO to resign

Nivea maker Beiersdorf CEO to resign

Nivea maker Beiersdorf on Tuesday said Chief Executive Stefan de Loecker will step down and be replaced by board member Vincent Warnery from May 1.
Beauty
Hyram Yarbro is top 'skinfluencer' and The ordinary most searched-for brand - study

Hyram Yarbro is top 'skinfluencer' and The ordinary most searched-for brand - study

The Ordinary is the most searched for skincare brand globally and Hyram Yarbro is the top skincare influencer, a new study by Lookfantastic, the THG-owned beauty site, shows.
Beauty
Jessica Alba's The Honest Company shooting for $1.5 billion valuation with IPO

Jessica Alba's The Honest Company shooting for $1.5 billion valuation with IPO

The Los Angeles-based beauty, baby and consumer goods company founded by actress Jessica Alba said on Monday that it is aiming for a valuation of more than $1.5 billion with its upcoming U.S. IPO.
Beauty
Frasers is latest retailer told to pay rent arrears

Frasers is latest retailer told to pay rent arrears

The financial cost of Covid could jump for many non-essential retailers, given a second High Court ruling over rent arrears. Retail group Frasers has been ordered to pay rents accrued since the start of the pandemic.
Fashion
Hermès opens third store in London's Harrods

Hermès opens third store in London's Harrods

​Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant

Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
New brands and lockdown help Feelunique swing to profit

New brands and lockdown help Feelunique swing to profit

​Beauty e-commerce platform Feelunique continued to grow fast in its latest financial year with the 12 months to the end of March seeing total sales rising 26% to £103.5 million.
Beauty
Amazon to open London hair salon

Amazon to open London hair salon

​It looks like Amazon is adding another new category to its retail offer with the e-tail giant to open a hair salon in London, it said on Tuesday.
Beauty
Warpaint London says Q1 is strong, UK and US ops are growing

Warpaint London says Q1 is strong, UK and US ops are growing

​Cosmetics specialist Warpaint London, the listed company that’s no relation to men’s make-up firm War Paint, said Tuesday that Q1 trading has continued the strength it saw in the second half of last year.
Beauty