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Beauty

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The Hut Group to boost acquisitions budget as beauty opportunities abound

The Hut Group to boost acquisitions budget as beauty opportunities abound

​The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
Fashion
Interparfums takes over former Socialist Party headquarters in Paris

Interparfums takes over former Socialist Party headquarters in Paris

French specialist in licensed perfumes Interparfums’ future Parisian headquarters will be located at number 10 on the rue de Solférino, which housed the former headquarters of the Socialist Party.
Beauty
L'Oreal beauty sales recovery accelerates, helped by China

L'Oreal beauty sales recovery accelerates, helped by China

Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
Beauty
Inventing beauty: zero-waste eyeliner comes in plantable packaging

Inventing beauty: zero-waste eyeliner comes in plantable packaging

Sprout World, a specialist in sustainable writing instruments, has branched out into the world of beauty to present a sustainable alternative to a traditional cosmetics product with the first ever plantable eyeliner.
Beauty
Glossier appoints former L’Oréal executive Kleo Mack as brand vice president

Glossier appoints former L’Oréal executive Kleo Mack as brand vice president

US beauty brand Glossier, launched as an online business in 2014, has recently appointed former L’Oréal executive Kleo Mack to the newly created post of vice president of brand.
Beauty
Avon UK launches The #LiftLockPop Hashtag Challenge via TikTok

Avon UK launches The #LiftLockPop Hashtag Challenge via TikTok

Avon UK made its TikTok ad campaign debut on Thursday as part of the global beauty brand’s digital transformation. The inaugural campaign supports its “latest beauty innovation”, Unlimited Instant Lift Mascara. 
Beauty
PrettyLittleThing opens Saudi Arabia webstore

PrettyLittleThing opens Saudi Arabia webstore

​Boohoo Group’s PrettyLittleThing (PLT) label has just launched a new webstore in Saudi Arabia targeting the same 16-to-35-year-old customer that its core UK site reaches out to.
Fashion
The Hut Group revenues soar but one-off costs mean it's loss-making

The Hut Group revenues soar but one-off costs mean it's loss-making

​The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.
Fashion
Former Puig president Mariano Puig dies

Former Puig president Mariano Puig dies

Businessman Mariano Puig, former president of Puig and architect of the multinational Catalan fragrance company's international expansion, has passed away at the age of 93. 
Fashion
Perfumes y Diseño acquires minority stake in Oteyza

Perfumes y Diseño acquires minority stake in Oteyza

Following its failed sale of Delpozo in 2020, Spanish perfume business Perfumes y Diseño is making a foray into fashion once again by acquiring a minority stake in premium clothing brand Oteyza.
Fashion
​British Land looks to invest in more retail parks

​British Land looks to invest in more retail parks

We know UK retail parks were more popular venues to visit during lockdowns and British Land said Wednesday it’s “exploring further opportunities” to acquire more high-quality and well-located standalone centres.
Fashion
Estée Lauder Companies EVP global communications retires

Estée Lauder Companies EVP global communications retires

The Estée Lauder Companies has announced the retirement of Alexandra Trower, executive vice president, global communications.
Beauty
Carlyle secures majority stake in Beautycounter

Carlyle secures majority stake in Beautycounter

The private equity firm has taken a majority stake in the digital-native clean beauty brand, an investment that values the Santa Monica, California-based company at $1 billion and sets it up for accelerated growth.
Beauty
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Givaudan first-quarter sales rise 7.7% driven by fragrances

Givaudan first-quarter sales rise 7.7% driven by fragrances

Swiss fragrance and flavour maker Givaudan confirmed its mid-term targets after like-for-like sales rose 7.7% in the first quarter, helped by strong demand for its fragrance and beauty products.
Beauty
Clothing strength continues online, but year-on-year comparisons are easy

Clothing strength continues online, but year-on-year comparisons are easy

​Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
Fashion