×

Miscellaneous

The latest news

Studio Retail sales soar, ends sale process

Studio Retail sales soar, ends sale process

​Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Fashion
L'Oreal shares fall, performance at consumer products arm underwhelm some analysts

L'Oreal shares fall, performance at consumer products arm underwhelm some analysts

Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Fashion
Fashion and beauty e-commerce orders fall as retail reopens

Fashion and beauty e-commerce orders fall as retail reopens

​It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.
Fashion
N Ireland rejoins rest of UK retail with 30 April non-essential stores reopening

N Ireland rejoins rest of UK retail with 30 April non-essential stores reopening

Northern Ireland will be allowed to catch up with the rest of the UK when non-essential retail and outdoor hospitality will reopen from 30 April. First Minister Arlene Foster told the NI Assembly it was a "landmark day”.
Fashion
The Hut Group to boost acquisitions budget as beauty opportunities abound

The Hut Group to boost acquisitions budget as beauty opportunities abound

​The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
Fashion
L'Oreal beauty sales recovery accelerates, helped by China

L'Oreal beauty sales recovery accelerates, helped by China

Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
Beauty
PrettyLittleThing opens Saudi Arabia webstore

PrettyLittleThing opens Saudi Arabia webstore

​Boohoo Group’s PrettyLittleThing (PLT) label has just launched a new webstore in Saudi Arabia targeting the same 16-to-35-year-old customer that its core UK site reaches out to.
Fashion
The Hut Group revenues soar but one-off costs mean it's loss-making

The Hut Group revenues soar but one-off costs mean it's loss-making

​The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.
Fashion
Former Puig president Mariano Puig dies

Former Puig president Mariano Puig dies

Businessman Mariano Puig, former president of Puig and architect of the multinational Catalan fragrance company's international expansion, has passed away at the age of 93. 
Fashion
​British Land looks to invest in more retail parks

​British Land looks to invest in more retail parks

We know UK retail parks were more popular venues to visit during lockdowns and British Land said Wednesday it’s “exploring further opportunities” to acquire more high-quality and well-located standalone centres.
Fashion
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Clothing strength continues online, but year-on-year comparisons are easy

Clothing strength continues online, but year-on-year comparisons are easy

​Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
Fashion
Business digitisation specialist Trax raises $640 million

Business digitisation specialist Trax raises $640 million

Singapore-based specialist in the digitisation of retail brands, Trax has announced that it has raised funds totalling €539 million ($640 million) which it will use to develop its services for retailers.
Fashion
Shoppers in England and Wales flock to physical stores on reopening day

Shoppers in England and Wales flock to physical stores on reopening day

They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
Return to offices in UK should boost beauty sector

Return to offices in UK should boost beauty sector

The reopening of non-essential shops in much of the UK on April 12 and workers back in their offices mark a big step in the return to normality. It seems that key product categories are likely to benefit.
Fashion
Many Britons to stick to lockdown spending habits - survey

Many Britons to stick to lockdown spending habits - survey

​News to dampen non-essential retail reopening day enthusiasm. Don’t expect those who’ve saved money over the past year to hit the spend, spend, spend button.
Fashion