The New York-based fragrance group has reported $262.7 million in revenue for the third quarter ended September 30, 2021, a record figure according to the company, whose largest brands saw higher-than-expected growth.
Mass-market beauty retailer Revolution Beauty has acquired its closely-linked, long-term haircare and skincare products supplier Medichem Manufacturing for £23 million.
Many UK retailers breathed a rare sigh of relief as the annual budget statement saw business rates being cut in half. But the news wasn't as good as it seemed on the surface.
Investment and real estate development company Eurofund Group has officially launched a UK arm with the appointment of a three-strong team in London.
THG can’t seem to catch a break. After it reported strong figures in its latest update, its share price continued to plummet, down from over £3 each at the previous day’s close to less than £2.40 each in early trading.
The Estée Lauder Companies announced on Tuesday that group president, international, Cedric Prouvé will retire next summer, effective June 30, 2022.
Under-pressure THG issued a Q3 trading statement on Tuesday and said that revenue continues to soar. Group revenue rose 38% year-on-year to £507.8 million and 93.8% on a two-year, constancy-currency basis.
US retail giant JCPenney has a new CEO and has named Marc Rosen to the post, effective November 1. And Stanley Shashoua, chief investment officer at the firm’s owner, Simon Property Group, becomes executive chairman.
The Parisian brand is reportedly preparing to enter the beauty market through a partnership with Spanish luxury group Puig, a project which could launch as early as next year.
Dior has named British-American actress Anya Taylor-Joy as its latest global brand ambassador in the brand's core domains of fashion and makeup.
It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.
TJX UK has reported plunging turnover and a loss for the year to January (its fiscal year 2021) in a results filing at Companies House
In order to gain more independence from the Chinese market, the Japanese cosmetics conglomerate has made plans to acquire skincare brands in Europe and the United States.
Harvey Nichols Leeds is fast-approaching its 25th birthday. And to mark the Yorkshire department store’s silver anniversary, it’s hosting of series of special events on and around the key 23 October date.
London-centric property giant Shaftesbury is ramping up pre-Christmas festivities for its key Carnaby Street retail destination and its surrounding streets.
