It’s been a long time coming since the announcement last year, but Harrods has finally opened its first standalone beauty store, H Beauty, at Lakeside in Essex. A second store will open in Milton Keynes in 2021.
As the beauty retailer promises to take a measured approach to reopening its physical stores in the U.S., it is also looking East to make up lost revenue, complementing its retail fleet in China with a new Tmall store.
The biggest beauty names are in a race to snap up the most dynamic brands globally and Anglo-Dutch consumer-products giant Unilever is one of the most active names, its latest big buy being J-Beauty brand Tatcha.
The headline story on Thursday from Anglo-Dutch consumer products giant Unilever was that sales growth missed analyst expectations in Q4 and that this year would remain challenging. But behind that, beauty was strong.
Stylist magazine and shopping malls giant Intu have announced that the large-scale consumer fashion and beauty event, Stylist Live, will take place outside London for the first time at Intu Trafford Centre, Manchester.