The latest news
Revolution Beauty results finally released, losses widen
Revolution Beauty has finally reported its much-delayed results for the year to February 2022 and operating losses surged to £38.8 million, wider by almost £30 million, although revenue jumped 35% £184.6 million.
Chanel opens Battersea beauty and eyewear boutique
Chanel is the latest big name to endorse the multi-billion pound mall development at Battersea Power Station and has just opened a new beauty and eyewear store there.
Parfums de Marly opens Beverly Hills showcase
French niche perfumery brand Parfums de Marly has recently opened a 175-square-metre boutique in Beverly Hills, an uber-chic suburb of Los Angeles.
New data shows end of UK VAT-free shopping again boosts Europe
The UK government has been asking for evidence that the end of the VAT-three shopping perk for tourists is hurting British retail and payment software specialist Planet came up with some of that again on Friday.
Valentino opens new Paris home on Avenue Montaigne
Valentino has unveiled its new store in Paris, having “reinvented itself” on Avenue Montaigne. The change of address gives it more space for its offer of both women’s and men’s RTW and accessories over three floors.
ASOS reveals new £75 million financing success, Bestseller owner participates
ASOS has announced it has raised £75 million in cash from shareholders as the struggling online retail giant seeks to strengthen its finances.
Ulta Beauty sales climb 12.3% in Q1
Ulta Beauty announced on Thursday strong first-quarter revenue, thanks to increased comparables sales and strong store performance.
M&S to press ahead with self-service till rollout
M&S is on a mission to cut costs by more than £400 million over the next five years, and among a raft of store initiatives is a plan to roll out hundreds more self-service tills.
Revolution Beauty appoints new chairman as co-founder finally departs
Another boardroom change for the troubled Revolution Beauty Group. But at least this one was expected with the multi-channel mass beauty retailer appointing Derek Zissman its new Non-Executive Chairman.
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
E.L.F. Beauty Q4 sales surge 78% for 'outstanding' 2023 result
E.L.F Beauty announced on Wednesday net sales for the fourth quarter surged 78% to $187.4 million, driven by strength across the beauty chain's retailer and e-commerce channels.
Made by Mitchell launches first pop-up in H Beauty
British digital beauty brand Made by Mitchell, founded by make-up artist and TikTok Beauty star Mitchell Halliday, has opened his first pop-up at Harrods’ H beauty in Bristol.
Former L'Oréal exec Marc Toulemonde appointed president of Puig's Derma division
Catalan fashion and cosmetics group Puig has just appointed Marc Toulemonde, ex-L'Oréal, as president of its Derma division, which includes the dermocosmetic brands Uriage and Apivita.
Beauty brand Lush unveils new Green Hub but business comes first
Known for its colorful shampoo bars and fruity bath bombs, UK-based cosmetics brand Lush has opened the doors of its new Green Hub as part of efforts to expand its in-house circular recycling.
Record West End retail rentals for landlord GPE but it swings to loss
Central London is the place to be if you’re renting prime commercial and office space. Demand is sky-high and in Wednesday’s year-end results, key landlord GPE referred to its “strong strategic positioning".
UK inflation eases further but clothing prices still rising
UK inflation — including clothing prices — slowed again in April, although the rate remains high and prices continue to rise, which means consumers are thinking long and hard about discretionary purchases.