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UK shops see more visits in July but numbers still low - BRC survey

UK shops see more visits in July but numbers still low - BRC survey

More British shoppers returned to the high street in July, helped by the reopening of pubs and restaurants, but numbers were still much lower than normal for the time of year, an industry survey showed on Friday.
Fashion
L'Oréal sales fall is worse than expected, travel retail suffers

L'Oréal sales fall is worse than expected, travel retail suffers

Sales at Maybelline maker L’Oréal fell more sharply than expected in the second quarter, though the French beauty giant managed to contain any major profit erosion as the COVID-19 pandemic forced stores to close.
Luxury
Britain's Selfridges to axe jobs on virus retail storm

Britain's Selfridges to axe jobs on virus retail storm

British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.
Fashion
Unilever thrives in lockdown despite sales dip

Unilever thrives in lockdown despite sales dip

Unilever’s H1 results have shown the consumer products giant staying relatively strong during global lockdowns, despite underlying sales dipping and prestige beauty being down due to store closures. 
Beauty
Harvey Nichols mulls job cuts as pandemic "changed shape of the business"

Harvey Nichols mulls job cuts as pandemic "changed shape of the business"

​Harvey Nichols is the third big name in just a couple of days to be mulling job cuts in the near future. The company is looking at removing roles from all of its stores, although it's trying to minimise the impact.
Luxury
Brand Architekts says lockdown not as bad as expected but sales are still down

Brand Architekts says lockdown not as bad as expected but sales are still down

​Personal care and beauty products group Brand Architekts said on Tuesday that the year to June 27 hadn’t been as bad as it had expected given that it included several months of lockdown.
Beauty
US unveils tariffs on France over tech tax but delays collection

US unveils tariffs on France over tech tax but delays collection

The United States on Friday unveiled heavy import duties on France in retaliation for the country's tax on American tech giants, but will hold off on collecting the fees to allow time for the dispute to be resolved.
Beauty
UK reopening: beauty salons start comeback but some are excluded

UK reopening: beauty salons start comeback but some are excluded

In a further easing of lockdown restrictions, England is allowing beauty salons, nail bars, spas and gyms to reopen starting from Monday, although some key businesses have been left off the list.
Beauty
Speculation mounts over £5bn Hut Group stock market debut

Speculation mounts over £5bn Hut Group stock market debut

There’s speculation that fast-expanding beauty giant The Hut Group (THG) is mulling a stock market flotation. A report at the weekend said that it has been lining up meetings with some big-name investors.
Beauty
The Hut Group inks DTC deals with Elemis, By Terry, St Tropez and more

The Hut Group inks DTC deals with Elemis, By Terry, St Tropez and more

The Hut Group, the beauty giant that’s big and getting bigger at speed, said on Monday that its THG Ingenuity operation has signed £100 million worth of partnerships with global beauty brands and brand owners.
Beauty
Glossier announces grant program for Black-owned beauty businesses

Glossier announces grant program for Black-owned beauty businesses

Through the grant program, Black beauty entrepreneurs based in the U.S., with businesses focused on selling physical beauty products, can apply for grants amounting to $10K, $30K and $50K.
Beauty
Superdrug gets more experiential as lockdown easing starts

Superdrug gets more experiential as lockdown easing starts

Superdrug is preparing for the new retail environment and said this week that post-pandemic it aims to become even more experiential and increase the services it offers.
Beauty
Unilever tries UK-Dutch corporate merger again, but with London as HQ

Unilever tries UK-Dutch corporate merger again, but with London as HQ

Unilever’s 2018 attempt to ditch its dual Dutch and UK structure via an HQ in Rotterdam was stymied by shareholders. But now it's making a second attempt to simplify its set-up, with the HQ in London.
Beauty
New rules could keep casual beauty browsers out of physical shops - NPD study

New rules could keep casual beauty browsers out of physical shops - NPD study

Long queues, general caution, and restrictions that deter casual drop-in shoppers could be bad news for the beauty sector when stores reopen. But at least there seems to be plenty of pent-up demand.
Beauty
The Hut Group powers ahead as sales surpass £1bn mark

The Hut Group powers ahead as sales surpass £1bn mark

The Hut Group has proved why it’s one of Britain’s fastest-growing private firms, posting soaring sales and profits for the year ended 31 December 2019.
Fashion
Space NK neighbourhood stores to open before city centres, digital services to stay

Space NK neighbourhood stores to open before city centres, digital services to stay

Space NK's reopenings could take some time and key stores in central London are likely to remain shut for the foreseeable future. Instead, reopening high street stores near upmarket residential areas will be the focus.
Beauty