Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.
Stuart La Brooy (ex Diageo) has been appointed vice-president in charge of marketing strategy, customer satisfaction and loyalty for LVMH-owned perfumery chain Sephora’s South-East Asia and Oceania region.
Online beauty and technology group THG reported its preliminary results for last year on Thursday, plus a Q1 trading update that showed it weathering the current inflation and supply chain storm fairly well.
Italian fashion influencer Chiara Ferragni has signed a global license agreement for the production, distribution and promotion of a first line of fragrances in her name, with producer Angelini Beauty.
Ethical beauty retailer The Body Shop is leading the way in customer online experience, according to the UK Digital Retail Index. The UK-based firm topped a list of 500 retailers with the highest score for its website.
Two major UK fashion movers and shakers have invested in designer resale start-up Loop Generation. The London-based venture offers pre-loved, luxury fashion in womenswear, menswear, accessories and footwear.
Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.