Miscellaneous
The latest news
Britain’s retail sales disappoint in sign of lacklustre recovery
Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”
Fashion
L'Oreal shares shine after Q1 sales beat expectations
Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth.
Beauty
YSL Beauty adds new zones to rewilding programme
YSL Beauty has announced two new rewilding programmes with NGO Re:wild in celebration of International Rewinding Day. It comes after the luxe brand has “helped to rewild more than 47,000 hectares worldwide” so far.
Beauty
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Spanish cosmetics group Puig seeks to raise up to 2.9 billion euros in IPO
Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain's largest initial public offering in almost a decade.
Beauty
Can ASOS keep Topshop as Shein and Authentic rekindle interest?
News last year that Shein and Authentic Brands Group were interested in buying Topshop seemed to be just a rumour. But now the speculation has resurfaced. So do ASOS's problem make a takeover more likely?
Fashion
Cosmoprof North America returns to Las Vegas for 21st edition
Cosmoprof North America (CPNA) has announced its return to the Mandalay Bay Convention Center in Las Vegas.
Beauty
Beiersdorf raises its sales forecast for 2024 after a good first quarter
Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions.
Beauty
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Valentino new London flagship debuts on Sloane Street
Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.
Fashion
Sephora turns to Nike e-commerce executive to overhaul China business
Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing mainland business.
Beauty
Amazon opens Italian Innovation Lab to public, reveals robotics, packaging advances
Amazon has announced a €700 million+ investment in robotics and AI-powered technologies across Europe, using its Innovation Lab to develop and test new tech, and it will soon open the lab to the public.
Fashion
Superdrug and Perfume Shop owner AS Watson gets new CEO
Hong Kong-based AS Watson has promoted Malina Ngai to the role of group chief executive, effective from the start of next month.
Beauty
Charlotte Tilbury's owners bet we haven't reached peak beauty
Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering.
Beauty
Warpaint London's strong performance continues
Warpaint London, the stock exchange-listed beauty specialist, delivered a short update on Tuesday and said that strong trading had continued in Q1.
Beauty
The Very Group's CEO steps down, Robbie Feather moves into top job
E-tail giant The Very Group has promoted its Retail Managing Director Robbie Feather to Group CEO, succeeding Lionel Desclée, “who has chosen to step down and pursue new opportunities”.
Fashion