The beauty retailer reported second-quarter sales of $2.0 billion on Wednesday, an increase of 60.2% from $1.2 billion in the prior-year period, progress which led the company to increase its annual financial guidance.
The former boss of Tommy Hilfiger, who took charge of the German fashion group in June, presented on August 4 his five-year strategy for Hugo and Boss, and spoke to FashionNetwork.com about his market vision.
Now 76% owned by Estée Lauder, the Deciem Beauty Group, proprietor of skincare brands The Ordinary and Niod, continues to expand in Europe. FashionNetwork.com has interviewed Nicola Kilner, CEO of the Deciem group.
First the good news. UK retail sales grew at the sharpest pace since December 2014 in the year to August and orders growth hit a survey record high, according to the latest CBI quarterly Distributive Trades Survey.
A new retail addition has arrived at London’s Seven Dials. Property giant Shaftesbury has leased space within the popular destination to anatomē, the wellness apothecary, which has opened on Monmouth Street until January.