×

Miscellaneous

The latest news

UK's THG to raise $1 billion, acquires Bentley Laboratories

UK's THG to raise $1 billion, acquires Bentley Laboratories

THG Plc is raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group, and the remainder from other investors, the UK-based consumer brands company said on Monday.
Beauty
UK's OOOOO links with Brazil's B2W marketplace on live-stream commerce

UK's OOOOO links with Brazil's B2W marketplace on live-stream commerce

​Live-stream commerce is making major inroads globally and with most retailers having little in-house expertise in this area, external companies are capitalising on the sector’s fast expansion.
Fashion
Poor weather hits UK retail footfall, Scotland's reopening numbers much brighter

Poor weather hits UK retail footfall, Scotland's reopening numbers much brighter

Poor spring weather over much of the UK hit shopper footfall numbers last week, although Scotland's retail reopening bought much brighter figures, according to latest reports from Springboard and Ipsos.
Fashion
Retailers risk customer loyalty through online and store "disconnect" - study

Retailers risk customer loyalty through online and store "disconnect" - study

Be warned. Brands are putting customer loyalty at risk due to a disconnect between their physical and e-commerce experiences, new research claims, with Gen Z consumers now expecting in-store 'experientialism'.
Fashion
Oslo's Steen & Strøm opens new luxury beauty hall

Oslo's Steen & Strøm opens new luxury beauty hall

​Norwegian department store Steen & Strøm has opened a 900 sq m luxury Beauty Hall as part of its NOK300 million (£25.7 million) wider store upgrade.
Beauty
Body Shop owner Natura is latest to link financing to ethics

Body Shop owner Natura is latest to link financing to ethics

Brazil’s Natura, the owner of The Body Shop, Aesop, and Avon brands, has become the latest company to raise funds that are conditional on the business reaching certain ethical/eco goals.
Beauty
Retailer says UK lipstick sales boom as lockdown is eased

Retailer says UK lipstick sales boom as lockdown is eased

​It’s been a tough year for make-up sales, and lipstick in particular, as lockdowns and mask-wearing have pushed this former must-have item much lower on consumers’ priority lists. But times are changing.
Beauty
Paula Nickolds joins Sainsbury's in charge of fashion and GM

Paula Nickolds joins Sainsbury's in charge of fashion and GM

UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
Fashion
Adwoa Aboah becomes 'global brand activist' for Rimmel London

Adwoa Aboah becomes 'global brand activist' for Rimmel London

​Make-up brand Rimmel London has named not a new brand ambassador but a “global activist” with model and mental health advocate Adwoa Aboah stepping up to the role.
Beauty
Home, Label and kidswear boost Next in Q1, upgrades guidance

Home, Label and kidswear boost Next in Q1, upgrades guidance

​Next continued to show just how strong it has been in recent periods on Thursday as the retailer increased its guidance due to sales dipping only slightly in the latest quarter.
Fashion
Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

Profits, sales surges and new logistics hubs underline Zalando's stellar Q1

E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Fashion
Jessica Alba's Honest Co valued at nearly $2 bln in strong market debut

Jessica Alba's Honest Co valued at nearly $2 bln in strong market debut

Jessica Alba's consumer goods company Honest Co was valued at $1.92 billion in its Nasdaq debut, after its shares opened 33% above their offer price on Wednesday.
Beauty
Last Debenhams stores to shut on May 15

Last Debenhams stores to shut on May 15

​Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
Fashion
Stockmann revenue falls, but losses narrow

Stockmann revenue falls, but losses narrow

Stockmann, the Finnish retail group that also owns the Lindex chain, said its consolidated revenue fell 7.1% currency-neutral in the first three months of the year, dropping to €155.7 million.
Fashion
Hugo Boss Q1 boosted by China, online and casualwear

Hugo Boss Q1 boosted by China, online and casualwear

​Hugo Boss said that it's seen a solid start to the year as it revealed its first-quarter sales. Not that those sales rose. In fact they were down 8% currency-adjusted, or 10% in total to €497 million.
Fashion
Bad weather dents UK retail footfall

Bad weather dents UK retail footfall

It’s a factor guaranteed to dent consumer enthusiasm. Bad weather. Footfall across all UK retail destinations declined by 2% week-on-week in the seven days between Sunday 25 April and Saturday 1 May, reports Springboard.
Fashion