The latest news
Five executives at India's Nykaa resign in latest departures
Five executives at India's Nykaa have resigned, a spokesperson said on Friday, the latest departures at the beauty company amid intensifying competition and a falling stock price.
Landsec retail prize winner will be offered pop-up in Leeds or Wandsworth
Landsec is again offering up-and-coming retailers the chance to win a month-long pop-up space at one of the commercial property giant’s prime retail destinations.
GfK UK consumer confidence rises again in March
UK consumer confidence rose for a second straight month in March following a dark period of consecutive declines going back to last autumn. Admittedly, it’s still in negative territory though.
UK retail sales rise in February but values fail to match inflation
British retail sales volumes rose 1.2% in February compared to January, figures from the Office for National Statistics (ONS) showed on Friday.
Warpaint London delivers buoyant trading update
Beauty specialist Warpaint London delivered a pleasing trading update on Friday and said that its strong performance last year has continued during Q1.
Eurofragance grew by 21% in 2022 to 113 million euros
The Spanish company recorded an increase in sales that exceeded its forecasts in all the categories and regions in which it operates. The company expects to have a "successful first quarter" in 2023.
Sephora at Kohl’s to open 250 locations in 2023
Kohl’s announced on Wednesday plans to open 250 full-sized Sephora stores, as part of the Sephora at Kohl’s experience in 2023.
V&A releases details of and early tickets for first UK Coco Chanel exhibition
The V&A on Thursday released a limited number of tickets for the first UK exhibition dedicated to the work of Gabrielle ‘Coco’ Chanel. Called Gabrielle Chanel. Fashion Manifesto, it opens In September.
Parfums Christian Dior names Philippe Farnier global executive vice-president
The LVMH luxury group has announced the appointment of Philippe Farnier to the position of global executive vice-president of Parfums Christian Dior.
eBay promotes Williams to top UK role
Digital marketplace eBay has promoted its UK chief marketing officer Eve Williams to become vice-president and general manager of eBay UK. She replaces Murray Lambell, who held the post since 2020.
ASOS expands Face+Body beauty offer
ASOS is expanding its Face+Body beauty range in response to rocketing social media demand. Malin+Goetz, Megababe and The Beauty Crop are being added to the range this spring, taking it beyond 200 brands.
Puig annual revenues up 40% in 2022 to €3.6 billion
Annual revenues at Puig, the diversified Spanish fragrance, beauty and fashion group grew by a whopping 40% in 2022 to €3.620 billion, as the company accelerated out of the pandemic.
True Botanicals secures Series B funding from NextWorld Evergreen
Clean skincare brand True Botanicals announced on Wednesday the closing of a Series B investment from San Francisco-based growth equity firm NextWorld Evergreen.
Micro-influencers and K-Pop stars are key to beauty brands - report
The strong appeal of K-Pop stars and the authenticity of micro-influencers were vital to the marketing efforts of beauty brands in the second half of 2022, a new report from Launchmetrics has shown.
Sylvie Moreau on Sephora's UK opening and its ambitions for the new market
Following the opening of the new London Sephora store, the first in the UK, on March 8, FashionNetwork.com spoke to Sylvie Moreau, president Europe and Middle East of the LVMH perfume chain.
UK inflation rises as womenswear prices jump
UK inflation has risen again, a sign that we’re not out of the woods yet and consumer activity is still being hurt by surging prices with fashion prices rising faster than they've done in over a decade.