Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.

​Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.

Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.

​It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.

Northern Ireland will be allowed to catch up with the rest of the UK when non-essential retail and outdoor hospitality will reopen from 30 April. First Minister Arlene Foster told the NI Assembly it was a "landmark day”.

​The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.

French specialist in licensed perfumes Interparfums’ future Parisian headquarters will be located at number 10 on the rue de Solférino, which housed the former headquarters of the Socialist Party.

Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.

Sprout World, a specialist in sustainable writing instruments, has branched out into the world of beauty to present a sustainable alternative to a traditional cosmetics product with the first ever plantable eyeliner.

US beauty brand Glossier, launched as an online business in 2014, has recently appointed former L’Oréal executive Kleo Mack to the newly created post of vice president of brand.

Avon UK made its TikTok ad campaign debut on Thursday as part of the global beauty brand’s digital transformation. The inaugural campaign supports its “latest beauty innovation”, Unlimited Instant Lift Mascara. 

​Boohoo Group’s PrettyLittleThing (PLT) label has just launched a new webstore in Saudi Arabia targeting the same 16-to-35-year-old customer that its core UK site reaches out to.

​The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.

Businessman Mariano Puig, former president of Puig and architect of the multinational Catalan fragrance company's international expansion, has passed away at the age of 93. 

Following its failed sale of Delpozo in 2020, Spanish perfume business Perfumes y Diseño is making a foray into fashion once again by acquiring a minority stake in premium clothing brand Oteyza.

We know UK retail parks were more popular venues to visit during lockdowns and British Land said Wednesday it’s “exploring further opportunities” to acquire more high-quality and well-located standalone centres.