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Perfume

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Selfridges is up for sale, offers over £4bn sought

Selfridges is up for sale, offers over £4bn sought

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Luxury
Givaudan perfume sales recover in first quarter

Givaudan perfume sales recover in first quarter

Swiss fragrance and flavor maker Givaudan has reported better than expected Q1 income, with progress driven by a return to growth in fine fragrances. 
Beauty
Sephora confirms Feelunique buy, no purchase price disclosed

Sephora confirms Feelunique buy, no purchase price disclosed

​LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Beauty
Unilever's beauty ops make progress in first half, Q2 growth accelerates

Unilever's beauty ops make progress in first half, Q2 growth accelerates

​FMCG giant Unilever had a “strong” first half, it said on Thursday with underlying sales growth of 5.4% (4% by volume and 1.3% price) while price growth stepped up in Q2.
Beauty
Burberry opens new concept flagship on Sloane Street, more planned globally

Burberry opens new concept flagship on Sloane Street, more planned globally

​Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.
Luxury
Bath & Body Works looks to skincare to drive future growth

Bath & Body Works looks to skincare to drive future growth

Ahead of its separation from iconic lingerie brand Victoria’s Secret next month, the beauty retailer has revealed plans to expand in skincare and hair products as it carves a path for itself as an independent company,
Beauty
France's Interparfums raises annual forecast on strong first half

France's Interparfums raises annual forecast on strong first half

Having achieved a better than expected performance in the first half of 2021, the French fragrance group is now shooting for full-year revenues of between 460 million and 480 million euros. 
Beauty
Sephora could be acquiring Feelunique.com

Sephora could be acquiring Feelunique.com

The LVMH-owned cosmetics retailer could be entering the UK market with the acquisition of beauty-focused e-commerce platform Feelunique.com.
Beauty
Flannels unveils "groundbreaking" flagship, adds beauty for first time

Flannels unveils "groundbreaking" flagship, adds beauty for first time

​Frasers Group has unveiled its latest big development. The new Flannels in Sheffield opened its doors with women's and men's ready to wear and accessories, plus kidswear, activewear and — for the first time — beauty.
Luxury
Ermenegildo Zegna to list shares on NYSE in $3.2bn SPAC deal

Ermenegildo Zegna to list shares on NYSE in $3.2bn SPAC deal

Just a day after news that L Catterton will take a stake in Etro, Ermenegildo Zegna said it will list its shares in New York and is combining with Investindustrial Acquisition Corp, which will be a minority shareholder. 
Luxury
LVMH-backed fund to buy majority stake in Italian luxe label Etro

LVMH-backed fund to buy majority stake in Italian luxe label Etro

​Etro is looking to future-proof its business and has revealed a “strategic partnership” with L Catterton Europe that it said will be the “start of a new phase of growth”
Luxury
Sephora names Coty alum Sylvie Moreau as president in Europe and Middle East

Sephora names Coty alum Sylvie Moreau as president in Europe and Middle East

The LVMH-owned beauty retailer has appointed Sylvie Moreau, former president of Coty's professional beauty division, to the role of president for Europe and the Middle East.
Beauty
Burberry upbeat as Q1 shows strong rebound

Burberry upbeat as Q1 shows strong rebound

Burberry has reported “an excellent start” to its financial year with a Q1 trading update on Friday showing it has “attracted new, younger luxury customers to the brand”. 
Luxury
Liberty hit hard by flagship Covid closure, but online booms

Liberty hit hard by flagship Covid closure, but online booms

Department store Liberty has filed its results for the year to the end of January and said that it was "significantly impacted" by the three separate Covid lockdown in the UK that dented footfall to its London flagship.
Fashion
UK e-sales go into reverse but fashion stays strong

UK e-sales go into reverse but fashion stays strong

​UK online retail sales dropped 14.1% in June, which was the biggest fall since the IMRG Capgemini Online Retail Index began. Beauty plunged but there was a bright spot for fashion, which rose in double-digits.
Fashion
Boohoo and Alshaya in Middle East multichannel deal for Debenhams

Boohoo and Alshaya in Middle East multichannel deal for Debenhams

​Boohoo Group has signed a partnership deal with Alshaya Group to build on the presence of Debenhams in the Middle East and also take other brands in its portfolio to the region via stores rather than just online. 
Fashion