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Beauty

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"Star performers" boost prestige make-up sales in UK - NPD

"Star performers" boost prestige make-up sales in UK - NPD

Make-up may have struggled as a category in the pandemic, but certain key products within it are outperforming as society works its way back to normal.
Beauty
H&M Q3 sales rise, now back at 2019 levels

H&M Q3 sales rise, now back at 2019 levels

H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion
Inditex is "early winner" in post-Covid world as sales bounce back

Inditex is "early winner" in post-Covid world as sales bounce back

Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
Fashion
Beauty products supplier Knowlton targets over $3 billion valuation in U.S. IPO

Beauty products supplier Knowlton targets over $3 billion valuation in U.S. IPO

Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.
Beauty
Katherine Power's Merit beauty brand secures $20 million investment led by L Catterton

Katherine Power's Merit beauty brand secures $20 million investment led by L Catterton

The minimalist beauty brand launched by Who What Wear co-founder Katherine Power earlier this year has announced that it has completed a $20 million Series A funding round led by LVMH-backed L Catterton.
Beauty
Expanding ​Secret Sales names ‘dream team’ of six new star execs

Expanding ​Secret Sales names ‘dream team’ of six new star execs

Premium e-commerce marketplace Secret Sales has hired six “star” senior execs with impressive track records at some of fashion’s biggest names. They’re filling new positions as it expands at home and abroad.
Luxury
Mytheresa hails enduring change in shopper habits as Q4 and full year boom

Mytheresa hails enduring change in shopper habits as Q4 and full year boom

Mytheresa has reported another strong quarter and year and even outperformed its own expectations. Q4 saw “exceptional net sales growth” and the full year was ahead of both 2020 and 2019.
Luxury
Black Friday Barometer shows negative feelings among UK consumers

Black Friday Barometer shows negative feelings among UK consumers

​There are a lot of unhappy UK consumers who don’t feel Black Friday/Cyber Monday (BF/CM) discounts are all they’re cracked up to be. In fact, nine negative views are revealed in the 'Discounting Playbook' report.
Fashion
Shopping centres struggle to atract consumers in latest week

Shopping centres struggle to atract consumers in latest week

Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Fashion
Britain's Tesco joins refillable revolution with in-store trial

Britain's Tesco joins refillable revolution with in-store trial

Britain’s biggest supermarket group Tesco launched a trial on Monday that allows customers to buy beauty products in reusable packaging, amongst others, part of its strategy to cut plastic waste.
Beauty
L'Oréal names Emmanuel Goulin head of luxury division in Italy

L'Oréal names Emmanuel Goulin head of luxury division in Italy

Formerly the general manager of L’Oréal’s travel retail division for Asia-Pacific, Emmanuel Goulin has replaced Luca Guillot Boschetti as head of the group’s luxury division in Italy.
Beauty
Hope for city centre retail as office workers return

Hope for city centre retail as office workers return

City centre retail has suffered from the pandemic as tourists haven’t returned in large numbers and office workers stay home. But there’s  hope, with signs of office workers returning to semi-normal working patterns.
Fashion
Italian cosmetics group Intercos aims to go public this year

Italian cosmetics group Intercos aims to go public this year

Italy’s biggest make-up supplier Intercos has dusted off plans to list on the Milan stock exchange and is looking to launch its initial public offering in October or November, three sources said on Thursday.
Beauty
UK consumers are becoming mindful shoppers say BFC and Clearpay

UK consumers are becoming mindful shoppers say BFC and Clearpay

The UK is becoming a nation of “mindful shoppers”, a new report commissioned from Oxford Economics by the British Fashion Council and buy-now-pay-later giant Clearpay shows.
Fashion
Barnsley's Glass Works launches,  new stores start a phased opening programme

Barnsley's Glass Works launches, new stores start a phased opening programme

Major Barnsley public space and retail development, The Glass Works Square, has opened with a big event featuring various local dignitaries reflecting the importance of the site to the town.
Fashion
BFC names three 'Changemakers' prize winners

BFC names three 'Changemakers' prize winners

John Hickling, Cyndia Harvey and Andrew Kenny. These are the three winners of the British Fashion Council (BFC) ‘Changemakers Prize in Partnership with Swarovski’, chosen out of over 500 entrants.
Fashion