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Vivienne Westwood sales, profits rise, stays confident despite tough times

Vivienne Westwood sales, profits rise, stays confident despite tough times

Vivienne Westwood reported 2019 results this week and while the figures pre-date the current crisis, it seems confident that it has the strength to continue, despite saying that Covid-19 had a “profound impact”.
Fashion
India's Reliance Retail in 'talks' on Debenhams

India's Reliance Retail in 'talks' on Debenhams

​Ailing department store chain Debenhams is reportedly in the sights of India’s richest man, Reliance Retail's Mukesh Ambani. He’s among the parties that have approached the firm’s advisers.
Fashion
Warpaint London sales and profits fall but outlook is brighter

Warpaint London sales and profits fall but outlook is brighter

​Beauty manufacturer and brand owner Warpaint London said on Wednesday that the first six months of the year saw its sales falling 29% to £13.5 million as a result of Covid-19 restrictions in the UK and internationally.
Beauty
Luxury spend within China to soar says Boston Consulting

Luxury spend within China to soar says Boston Consulting

​As luxury reels from the effects of the pandemic as much as other sectors, there’s some good news in that Chinese demand for luxury goods is predicted to grow as much as 30% this year.
Luxury
Westfield owner takes Boots to court over rent non-payment

Westfield owner takes Boots to court over rent non-payment

The owner of Westfield Stratford City has taken high street chemist Boots to court after the company refused to pay rent at some of its locations.
Beauty
Unilever clears first hurdle in planned unification move

Unilever clears first hurdle in planned unification move

​Unilever NV shareholders have approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make dealmaking simpler.
Beauty
Prestige fragrance recovers fastest in UK beauty says NPD

Prestige fragrance recovers fastest in UK beauty says NPD

​While skincare and make-up seem to regularly swap places as the most in-demand UK beauty category generally, it appears that for the prestige market, fragrance is leading the post-pandemic recovery.
Beauty
Hugo Boss comms chief exits, promotes Westermann

Hugo Boss comms chief exits, promotes Westermann

​Hugo Boss has announced the imminent departure of its long-standing Head of Corporate Communications, Dr Hjördis Kettenbach. She’ll be replaced by internal candidate Carolin Westermann.
Luxury
UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
Fashion
Avon unveils new brand positioning

Avon unveils new brand positioning

The cosmetics brand has introduced a new strapline and brand positioning in a new campaign that invites people to reconsider their views of the company.
Beauty
Harrods opens first standalone H Beauty store in Lakeside, Essex

Harrods opens first standalone H Beauty store in Lakeside, Essex

​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. 
Luxury
Next is strong despite lockdown sales falls, online and beauty power ahead

Next is strong despite lockdown sales falls, online and beauty power ahead

​Next delivered a well-received set of half-year results on Thursday and as well as demonstrating its relative strength during the pandemic, they highlighted some very encouraging current trading. 
Fashion
Actor John Boyega quits Jo Malone over Chinese ad

Actor John Boyega quits Jo Malone over Chinese ad

British actor John Boyega on Tuesday said he had stepped down as brand ambassador for fragrance company Jo Malone, after he was replaced in an aftershave advertising campaign in China.
Beauty
Jo Malone London apologises to John Boyega over Chinese ad

Jo Malone London apologises to John Boyega over Chinese ad

​Jo Malone London has ridden into a storm after cutting brand ambassador John Boyega out of an ad campaign shown in China.
Beauty
The Hut Group IPO shares priced at £5, will list next week

The Hut Group IPO shares priced at £5, will list next week

​The Hut Group’s much anticipated IPO will see its shares priced at £5 each giving it a market cap of £5.4bn, the company has said. It added that the 374m shares being sold make up around 35% of its total share count.
Beauty
& Other Stories debuts beauty vending machine at Galeries Lafayette in Paris

& Other Stories debuts beauty vending machine at Galeries Lafayette in Paris

As companies work hard to boost the in-store experience, H&M Group’s & Other Stories brand has launched a new vending machine experience in Galeries Lafayette in Paris. 
Beauty