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,
Being a listed business has its advantages, but also means closer scrutiny and a need to respond to the interests of shareholders. Both long-time-listed JD Sports and newcomer THG have felt this keenly in recent days.
LVMH continues to join with partners to accelerate growth post-pandemic, and after last week’s LVMH-Google Cloud news comes its luxury beauty giant Sephora forging a long-term strategic partnership with Zalando.
UK beauty retailer Space NK on Monday launched its first advertising campaign in over 10 years with a creative concept that’s appearing across multiple media platforms, as well as featuring in the windows of its stores.
Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.
Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.
M&S has unveiled a major realignment of its senior leadership team with CEO Steve Rowe making the changes after saying the firm has finished the ‘Fixing the Basics’ part of its strategy and is ready for the next step.