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Beauty

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Next promotes Lipsy co-founder to senior acquisitions role

Next promotes Lipsy co-founder to senior acquisitions role

​Next has been one of the most active major names on the acquisition front in UK retail of late and it doesn't look like it's about to slow down any time soon with news on Wednesday of a key promotion to its board.
Fashion
Big push by British Beauty Council to promote Future Talent Programme

Big push by British Beauty Council to promote Future Talent Programme

​Almost 600,00 jobs — one in every 60 in the UK — contributing almost £30 billion pounds to the British economy. That’s the size and importance of the hair & beauty industry in a nutshell.
Beauty
Coty: second quarter down 3% to $1.52 billion

Coty: second quarter down 3% to $1.52 billion

In the second quarter of its 2022/23 financial year, the American beauty group Coty saw its sales fall by 3% to 1.52 billion dollars, a drop attributed to the strength of the dollar.
Beauty
Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the struggling retailer tries to avoid bankruptcy. 
Beauty
Unilever to build Mexico plant as part of $400 million investment

Unilever to build Mexico plant as part of $400 million investment

Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three years, the company said on Tuesday.
Beauty
Matchesfashion names John Mooney its creative director

Matchesfashion names John Mooney its creative director

​Luxury retailer Matchesfashion has continued to boost its top team, and has named a new executive creative director, finding him – like current Matches CEO Nick Beighton – among the ranks of ASOS execs.
Fashion
Unilever Ventures invests in haircare brand Straand

Unilever Ventures invests in haircare brand Straand

Dutch group Unilever, through its start-up investment programme Unilever Ventures, has injected $2 million into newly-launched Australian haircare brand Straand.
Beauty
Klarna unveils Paris Hilton as its global face

Klarna unveils Paris Hilton as its global face

​Klarna has unveiled Paris Hilton as its new global face with an upcoming campaign featuring the “Y2K icon” that’s been created in collaboration with Hilton’s next-gen media company, 11:11 Media.
Fashion
UK online sales weak in January, footwear is best performer in fashion

UK online sales weak in January, footwear is best performer in fashion

​Online retail has endured a couple of difficult years post-pandemic and January’s figures that have just come out show no signs of a change in the trend.
Fashion
Fashion clearance sales boost January UK retail, but consumers stay cautious

Fashion clearance sales boost January UK retail, but consumers stay cautious

January sales reports on Tuesday were far from buoyant, although the fashion sector continued to see growth, presumably boosted by easy comparisons, high inflation and clearance sales. 
Fashion
Nearly 60 hair relaxer lawsuits against L'Oreal, others consolidated in Illinois federal court

Nearly 60 hair relaxer lawsuits against L'Oreal, others consolidated in Illinois federal court

Nearly 60 lawsuits claiming hair relaxer products sold by L'Oreal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order.
Beauty
Amazon to shed unused UK warehouse space - report

Amazon to shed unused UK warehouse space - report

There was a time when warehousing in the UK was in short supply as the e-commerce boom shifted up several gears. No longer, it seems.
Fashion
Studio Retail CEO exits, insider becomes MD

Studio Retail CEO exits, insider becomes MD

​Studio Retail’s CEO has exited the business almost a year after it was snapped up by Frasers Group in a rescue deal.
Fashion
Lipstick effect? These days hairstyling products are the barometer says THG

Lipstick effect? These days hairstyling products are the barometer says THG

​The much-discussed lipstick effect may have kicked in as consumers buy relatively affordable luxury beauty treats when times are tough, but this time lipstick itself isn’t the key product. 
Beauty
Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success

Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success

​Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Fashion
Kering names Raffaella Cornaggia managing director of Kering Beauty

Kering names Raffaella Cornaggia managing director of Kering Beauty

Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment. 
Luxury