Beauty
The latest news
Harvey Nichols cuts jobs but performance improves
Harvey Nichols is the latest retailer to announce job cuts in a further sign that the bleak UK retail sector is hurting luxury as much as other price points.
Fashion
UK inflation falls further, clothing price rises ease
UK inflation has wreaked havoc among consumers and businesses over the past two years, but on Wednesday the Office for National Statistics said that it eased further in February.
Fashion
Biba exhibition to open at Fashion and Textile Museum ahead of book launch
The Fashion and textile Museum in Bermondsey, London will launch an exhibition dedicated to one of the most influential labels of the UK fashion revolution that happened in the 1960s and 70s, Biba.
Fashion
Bluegem sells Beautynova majority stake to PAI Partners
London-based Bluegem, the private-equity firm, has struck a deal with PAI Partners for the latter to acquire a majority stake in Beautynova, the professional haircare platform.
Fashion
UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
Fashion
Mother's Day gifting focus shifted this year, fashion benefited
A new study offered up some good news for the fashion and beauty sector as it has shown online Mother’s Day gifting this year moved away from “typical gifts and trinkets towards presents such as fashion and beauty”.
Fashion
M&S now has new deadline for Marble Arch plans, is close to HSBC deal for 'superapp'
After winning its court case against the government’s refusal to allow it to redevelop its Marble Arch flagship in London, retail giant M&S now has three weeks to formally resubmit its plans for the building.
Fashion
Acne Studios launches first fragrance with Frédéric Malle
In April, Swedish fashion label Acne Studios will launch its very first fragrance, created in collaboration with French perfume publisher Frédéric Malle.
Luxury
Next Beauty chief Amanda Scott exits
Next Beauty is looking for a new chief executive with Amanda Scott leaving the business after five years, according to a report. No reason has been given for her departure.
Beauty
Long-standing THG non-exec McDonald set to depart
Digital retail group THG is about to lose board member Iain McDonald as the Non-Executive Director departs at end of the month. It brings to an end his near-14 years as a THG Director.
Beauty
JLP says John Lewis/Waitrose split definitely not on the cards
Following news of its long-awaited return to profit this week, bosses at John Lewis Partnership have now said there are no plans to separate the department stores from its Waitrose supermarkets.
Fashion
Poundland to advertise fashion on TV for first time
Pepco’s UK Poundland chain doesn’t usually advertise on TV but it’s launching a new campaign and even more surprisingly it will include the company’s clothing offer.
Fashion
Cohere Beauty names new SVP, business development
Cohere Beauty announced on Thursday the appointment of Tara Chacho to the role of senior vice president, business development.
Beauty
Ulta Beauty's annual profit forecast misses estimates as costs climb
Ulta Beauty on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down 4.5% in extended trading.
Beauty
UK store openings driven by coffee shops as many chains close - PWC
UK retail continues to lose physical stores at an alarming rate. There was a net decrease of 5,000 stores across the UK last year, amounting to a rate of 14 per day over the year, a report by accountancy firm PwC claims.
Fashion
Fenwick Newcastle's makeover gets latest planning ok
Fenwick’s flagship store in Newcastle has been given a further planning green light to push on with its £40 million revamp with new work beginning this month.
Fashion