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Perfume

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Interparfums reports 80% rise in earnings, ups guidance for 2021

Interparfums reports 80% rise in earnings, ups guidance for 2021

The fragrance maker announced Q4 net income of $14.7 million on Monday, representing an 80% increase from $8.2 million in the same period in the previous year. The company also raised its financial outlook for 2021.
Beauty
Selfridges sales were rising but pandemic meant huge challenges for retailer

Selfridges sales were rising but pandemic meant huge challenges for retailer

​Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury
Estée Lauder signs Ana de Armas as brand ambassador

Estée Lauder signs Ana de Armas as brand ambassador

Estée Lauder has signed Golden Globe Award-nominated actress Ana de Armas as its new global brand ambassador.
Beauty
Boots' shift to digital sees 300 HQ jobs culled

Boots' shift to digital sees 300 HQ jobs culled

Citing “changing consumer behaviours” due to the coronavirus pandemic, Boots on Friday announced major job cuts at its head office operations.
Beauty
Sephora to expand U.S. retail footprint with over 260 stores

Sephora to expand U.S. retail footprint with over 260 stores

Sephora announced on Thursday its largest store expansion in the retailer’s 21-year history, cementing its confidence in the future of brick-and-mortar in the U.S.
Beauty
Kris Jenner to launch beauty brand

Kris Jenner to launch beauty brand

According to a report from E! News, the matriarch of the Kardashian-Jenner clan registered trademarks for "Kris Jenner Beauty," "Kris Jenner Skin" and "Kris Jenner Skincare."
Beauty
Liverpool One boosts beauty offer with ​Thérapie Clinic signing

Liverpool One boosts beauty offer with ​Thérapie Clinic signing

Thérapie Clinic is to expand the Liverpool One retail destination’s beauty offer with its first centre in the North West of England.
Beauty
Gucci sales fall in Q4, but Bottega Veneta, Saint Laurent are on a roll

Gucci sales fall in Q4, but Bottega Veneta, Saint Laurent are on a roll

​Sales at Kering's leading brand, Gucci, suffered a bigger-than-expected drop in Q4 as Covid continued to dent luxury shopping and crimp tourist spending in particular.
Luxury
Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge

Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge

A judge has said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called "a banking error of perhaps unprecedented nature and magnitude."
Beauty
Skinnydip dives into AI-powered merchandising and A/B testing to boost online sales

Skinnydip dives into AI-powered merchandising and A/B testing to boost online sales

It took the pandemic to shift all sales operations online. So clothing, lifestyle and accessories retailer Skinnydip London introduced automated merchandising and A/B testing technology to boost its digital operations.
Fashion
Harrods delayed second H Beauty store due to open this spring

Harrods delayed second H Beauty store due to open this spring

Milton Keynes can breath a sigh of relief. Any doubts that Harrods may pull out of plans to open a beauty store in the Buckinghamshire town, or further delay its arrival due to the Covid pandemic, are unfounded.
Beauty
Most women want beauty products for Valentine's Day - report

Most women want beauty products for Valentine's Day - report

Forget the lingerie, diamonds chocolates and flowers. Most women want cosmetic products for Valentine’s Day. New data from Bazaarvoice’s Influenster shows as many as 70% of women would prefer to receive beauty products.
Beauty
Douglas restructures in southern Europe, appoints Fabio Pampani as regional head

Douglas restructures in southern Europe, appoints Fabio Pampani as regional head

After announcing the closure of 500 stores in Europe, and 600 redundancies in Spain, the beauty retailer has merged its Italian, Spanish and Portuguese subsidiaries, now all led by Italy’s former country manager.
Beauty
Gucci Beauty Flagship Store Debuts on Tmall Luxury Pavilion

Gucci Beauty Flagship Store Debuts on Tmall Luxury Pavilion

​The Gucci Beauty flagship store has just opened on the Tmall Luxury Pavilion, its beauty licensee Coty has announced. The move follows Gucci’s opening of its first fashion flagship on the platform in December.
Beauty
Unilever focus is dynamic categories for future growth, targets US, India, China

Unilever focus is dynamic categories for future growth, targets US, India, China

Unilever said on Thursday that its focus for the future is developing its portfolio “into high growth spaces”, a goal that will drive decision-making around acquisitions and disposals. 
Beauty
Ulta commits $25 million to new D&I goals, Tracee Ellis Ross named D&I advisor

Ulta commits $25 million to new D&I goals, Tracee Ellis Ross named D&I advisor

As part of its commitments, the company said it will double the number of Black-owned brands in its assortment by the end of 2021
Beauty