Cosmetics group L’Occitane, owner among others of L’Occitane en Provence, Melvita and Sol de Janeiro, recorded a 15.8% sales growth to reach €1.78 billion in the last fiscal year.
Support for the humble bumble bee is growing. And it’s no wonder the beauty industry in particular is stepping up its support, given the essential pollinating power it provides for many of its core ingredients.
Creightons, one of the hygiene product winners during Covid-19, is having to adjust to post-pandemic normality. And the personal care, beauty, and fragrance products producer said its transition has been successful.
British beauty and health retailer Superdrug has launched a new campaign and said it’s the first beauty retailer to host an in-store and on-platform talent show with a live final on TikTok UK.
UK consumer credit and debit card spending rose 6.2% year-on-year last month as consumers spent more on entertainment and international travel. But Britons are worried about rising living costs.
Matchesfashion on Tuesday morning confirmed that ex-ASOS chief Nick Beighton will indeed be its new CEO, taking over from Paolo De Cesare “after a short transition period”.
Estée Lauder Companies Inc. announced on Monday the appointment of Angela Wei Dong to its board of directors and the company’s audit committee, effective July 11.
Nick Beighton is certainly in demand post-ASOS. Not long after news of him becoming Chairman of Secret Sales, it now emerges that he’s being brought in to run Matchesfashion, replacing CEO Paolo de Cesare.
French luxury group LVMH’s beauty retail chain Sephora said on Monday it was selling its Russian subsidiary to the local general manager.It added that the business would operate under the "Ile de Beaute" brand.
As the cost-of-living crisis deepens, something has to give in the spending column. And its looks like beauty purchases could be among those most hit, as consumers look to prioritise holidays this summer, a survey says.
UK retail footfall continues to be well below the pre-pandemic period with no signs that this summer will get it back into positive territory.
BNPL giant Klarna is expected to announce soon that The Canada Pension Plan Investment Board (CPPIB) is to become a shareholder. It’s to unveil a new $800m fundraising, a media report claims.
The latest figures from the IMRG Capgemini Online Retail Index show that times are still tough for e-tailers at the moment, although the fashion sector remains the standout performer and is in positive territory.
Burberry has reportedly closed its Canton Road flagship store, the latest Hong Kong closure following its exit from its Russell Street flagship in 2021.
The latest report from the European Union Intellectual Property Office shows a worrying increase in the number of intentional purchases of counterfeit products over the past three years.
