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Landsec success heralds return to profit, launches new leasing partner model

Landsec success heralds return to profit, launches new leasing partner model

​Property giant Landsec — which owns most of Bluewater — spoke of its strong financial and operational position Tuesday, “expecting to deliver material growth in income”. And that's with UK economic turbulence factored in.
Fashion
UK footfall slips back in latest week

UK footfall slips back in latest week

​UK footfall’s post-pandemic recovery took a hit last week as concerns over rising prices and worries over an impending recession deepened. There were negative numbers (almost) everywhere for the 8-14 May period. 
Fashion
CEO of AllSaints joins British Retail Consortium board

CEO of AllSaints joins British Retail Consortium board

​The British Retail Consortium (BRC) has beefed up the non-executive directors on its board with the appointment of two new names, including Peter Wood, the CEO of AllSaints.
Fashion
Lady Gaga rebrands cosmetics line, inks Sephora deal

Lady Gaga rebrands cosmetics line, inks Sephora deal

Lady Gaga's vegan and cruelty-free cosmetics brand Haus Laboratories is getting a revamp and new retail partner. 
Beauty
India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources

India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources

India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Beauty
Fenty Beauty, Skin to make Africa debut

Fenty Beauty, Skin to make Africa debut

Fenty Beauty and Fenty Skin will launch across eight different markets in Africa, as the company's founder, Rihanna, looks to expand her skincare and beauty brand across the globe.
Beauty
L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary

L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary

French cosmetics group L'Oréal, owner of brands such as Yves Saint Laurent and Lancôme, has appointed Emmanuel Goulin as president and CEO of L'Oréal Italy. Goulin will succeed François-Xavier Fenart.
Beauty
Klarna Virtual Shopping launch aims to recreate in-store experience online

Klarna Virtual Shopping launch aims to recreate in-store experience online

​BNPL specialist Klarna has rolled out Virtual Shopping, “connecting online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalised experience online”. 
Fashion
Shiseido cautious about 2022 forecast

Shiseido cautious about 2022 forecast

On Thursday, Japanese cosmetics group Shiseido confirmed its prudent forecast for the 2022 financial year, stating it is “hard to quantify precisely” the impact of the pandemic and of geopolitical tensions.
Beauty
Nexite announces major funding for physical retail-boosting tech platform

Nexite announces major funding for physical retail-boosting tech platform

Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Fashion
Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

​As the cost of living continues to rise, pressure is mounting on the UK government to push ahead to regulate the buy-now pay-later (BNPL) finance industry.
Fashion
Revolution Beauty names Lake new CFO

Revolution Beauty names Lake new CFO

​UK-based multi-brand beauty retailer Revolution Beauty Group has a new finance chief. Elizabeth Lake, former finance director at Hugo Boss UK, is set to replace Andrew Clark, who has announced his intention to leave. 
Beauty
Hedge funds, administrator are the winners after Debenhams collapse - report

Hedge funds, administrator are the winners after Debenhams collapse - report

​Failed businesses can yield rewards. Hedge funds that ran Debenhams look to have recovered most of their costs while the retailer’s administrators have clocked up £5.3 million in fees in the two years since bankruptcy.
Fashion
Moda Operandi expands into beauty, appoints beauty chief

Moda Operandi expands into beauty, appoints beauty chief

Moda Operandi confirmed on Wednesday reports it has officially expanded into beauty, a move that has prompted the fashion platform to appoint its first-ever beauty chief.
Beauty
Google unveils new 10-shade skin tone scale to test AI for bias

Google unveils new 10-shade skin tone scale to test AI for bias

Alphabet Inc's Google on Wednesday unveiled a palette of 10 skin tones that it described as a step forward in making gadgets and apps that better serve people of color.
Beauty
Superdrug boosts speedy delivery options in Scotland

Superdrug boosts speedy delivery options in Scotland

​UK health & beauty retailer Superdrug has expanded its same-day courier service, ‘Store to Door’, in Scotland. The service is available within a five-mile radius of  nine stores within the Glasgow and Edinburgh regions.
Beauty