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​​Positive Luxury interview: biodiversity is the 'new black'; ignoring eco is a business risk

​​Positive Luxury interview: biodiversity is the 'new black'; ignoring eco is a business risk

New laws and changing consumer attitudes make ignoring sustainability a huge business risk, say Positive Luxury's co-CEOs. They also see biodiversity as the key issue for the sector at present.
Fashion
Superdrug grows sales and market share over "tremendous" Christmas

Superdrug grows sales and market share over "tremendous" Christmas

Superdrug can now join a long list of UK beauty retailers delivering strong results for the Christmas trading period, with premium fragrances a top gifting target for consumers, it said.
Fashion
Bogart could close 17 of its 67 April perfume stores in France

Bogart could close 17 of its 67 April perfume stores in France

The French cosmetics group announced on Thursday a "reorganisation project" for its network of April perfumeries in France, which could lead to the closure of 17 shops and the loss of 50 jobs. 
Beauty
Boohoo sees another revenue fall, but stays upbeat

Boohoo sees another revenue fall, but stays upbeat

​Boohoo’s closely-watched trading statement has revealed figures in line with weak expectations. Revenue may have been up sharply compared to pre-Covid, but it was down globally against a year ago for the festive season.
Fashion
Jeff Lotman unveils Fred Segal's plans for 2023

Jeff Lotman unveils Fred Segal's plans for 2023

Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's  expansion.  
Fashion
Farfetch leadership team changes as Holli Rogers exits, Elizabeth von der Goltz steps in

Farfetch leadership team changes as Holli Rogers exits, Elizabeth von der Goltz steps in

​Farfetch has made some key changes to its leadership as Chief Brand Officer Holli Rogers and Chief Growth Officer Martin Avetisyan leave the company “to pursue other opportunities”.
Luxury
Burberry's muted Q3 hit by China woes, but it "over-indexed" in soft accessories

Burberry's muted Q3 hit by China woes, but it "over-indexed" in soft accessories

​Burberry’s Q3 update on Wednesday showed a slowdown in sales growth as — like luxury peer Richemont on the same day — it reported a big impact from Covid in China.
Fashion
THG update sends shares lower as it warns on profits

THG update sends shares lower as it warns on profits

THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet. 
Fashion
Sephora UK's first store will be at Westfield London

Sephora UK's first store will be at Westfield London

Hot on the heels of last year’s UK re-entry for Sephora online, it has now revealed the location for its previously-promised first British physical store.
Beauty
Harrods tests in-store recycling at H Beauty branch

Harrods tests in-store recycling at H Beauty branch

Sustainability will remain a 2023 priority despite the cost-of-living crisis. And with its customers perhaps less worried about rising bills, it certainly will be key for Harrods.
Beauty
Lush sees best-ever Christmas sales

Lush sees best-ever Christmas sales

Beauty was big at Christmas, as results from Boots, The Fragrance Store and The Perfume Shop testify. Now we can add Lush to the list as the high street retailer reported its highest-ever trading month in December.
Beauty
Morpeth's Sanderson Arcade sees best footfall in six years

Morpeth's Sanderson Arcade sees best footfall in six years

It’s not just the biggest UK shopping centres that have enjoyed success in 2022. Sanderson Arcade in Morpeth, Northumberland, said it has recorded the highest footfall levels seen since before the pandemic.
Fashion
Space NK sees festive sales jump, plans new stores as it preps upsized Westfield debut

Space NK sees festive sales jump, plans new stores as it preps upsized Westfield debut

​Premium beauty retailer Space NK is to invest more money into its physical stores business, the company’s CEO has said following news of growth in sales over Christmas.
Beauty
UK's Revolution Beauty says accounting probe shows multiple concerns

UK's Revolution Beauty says accounting probe shows multiple concerns

​An independent investigation into Revolution Beauty's accounts found several concerns, including over certain historical sales, inventory provisioning and personal loans made by a former CEO, the company said on Friday.
Beauty
Analysis: how influencer culture is embracing authenticy

Analysis: how influencer culture is embracing authenticy

The past decade has been all about the rise of fashion and beauty influencer culture. But should that actually be the rise, fall and rise again as this key marketing channel evolves?
Fashion
Morphe parent files for bankruptcy, ends deal with Grande's r.e.m.

Morphe parent files for bankruptcy, ends deal with Grande's r.e.m.

​Forma Brands, the beauty company that made the most of influencer culture, has filed for Chapter 11 bankruptcy protection in the US and is being taken over by its lenders.
Beauty