Beauty
The latest news
Hammerson cuts store rents by 30% as it continues retailer support
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”.
Fashion
Studio Retail sales soar, ends sale process
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.
Fashion
L'Oreal shares fall, performance at consumer products arm underwhelm some analysts
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.
Fashion
Fashion and beauty e-commerce orders fall as retail reopens
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.
Fashion
N Ireland rejoins rest of UK retail with 30 April non-essential stores reopening
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”.
Fashion
The Hut Group to boost acquisitions budget as beauty opportunities abound
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.
Fashion
Interparfums takes over former Socialist Party headquarters in Paris
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.
Beauty
L'Oreal beauty sales recovery accelerates, helped by China
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.
Beauty
Inventing beauty: zero-waste eyeliner comes in plantable packaging
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.
Beauty
Glossier appoints former L’Oréal executive Kleo Mack as brand vice president
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.
Beauty
Avon UK launches The #LiftLockPop Hashtag Challenge via TikTok
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.
Beauty
PrettyLittleThing opens Saudi Arabia webstore
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.
Fashion
The Hut Group revenues soar but one-off costs mean it's loss-making
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.
Fashion
Former Puig president Mariano Puig dies
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.
Fashion
Perfumes y Diseño acquires minority stake in Oteyza
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.
Fashion
British Land looks to invest in more retail parks
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.
Fashion