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Retail

HBC to launch Saks Fifth Avenue's online business as separate entity

HBC to launch Saks Fifth Avenue's online business as separate entity

HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a $500 million infusion from a U.S. private equity firm.
Fashion
Retail
Body Shop, Avon and Aesop all outperform for Natura in Q4

Body Shop, Avon and Aesop all outperform for Natura in Q4

​The Body Shop, Avon and Aesop owner Natura & Co reported a sales surge and net profits up 200% in Q4, with the Brazilian giant saying it's continuing to outperform the wider market. 
Beauty
Retail

Frasers calls business rates relief "near worthless", reviews portfolio

​In a typically blunt statement, Frasers Group has blasted Chancellor Rishi Sunak’s Budget as doing virtually nothing for hard-pressed retailers on business rates. And it seems some of its stores are at risk as a result.
Fashion
Retail

Hermès opens revamped Saint-Germain store

The house of Hermès has has opened its revamped flagship store in the Saint-Germain-des-Près quarter of Paris, in a significant recalibration of its product offer.
Luxury
Retail