In March, former French fashion editor Carine Roitfeld added to her brand’s fragrances by dropping Carine, a subtly scented perfume. For the future, Roitfeld is set to broaden her brand’s scope beyond beauty products.
THG could see major board-level changes as the online beauty and technology group continues to see its performance struggle. The structure of board will be a “prime focus” of “detailed scrutiny”, its new chair has said.
Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Steen & Strøm, the historic luxury department store in Oslo that’s also the worlds oldest, said on Monday that it made history in its March results when it exceeded its best monthly sales on record by as much as 20%.
UK retail footfall is continuing to creep up in a clear sign that consumers feel normality is back. New figures from the Ipsos Retail Traffic Index show footfall down only 4.7% against 2019, and up 6.3% on the week.
There has been speculation for several years that West End landlords Capco and Shaftesbury could link up and now it seems that they really are in talks about a merger that would value the joint firm at around £3.5bn.