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Perfume

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Givaudan will pass on higher costs to customers after FY profit miss

Givaudan will pass on higher costs to customers after FY profit miss

Swiss fragrance and flavour maker Givaudan on Friday said it would pass higher costs on to customers this year after posting a weaker-than-expected rise in net profit and dividend for 2021.
Beauty
Farfetch buys Violet Grey ahead of deep dive into beauty later this year

Farfetch buys Violet Grey ahead of deep dive into beauty later this year

Luxe fashion e-tailer Farfetch has big beauty ambitions and is to launch the category on its marketplace this year. Ahead of that, it's buying Violet Grey, with the founder to play a key role in its wider beauty plans.
Luxury
UK prestige beauty prices rose in last quarter of 2021 - report

UK prestige beauty prices rose in last quarter of 2021 - report

​The average sales prices of prestige skincare in the UK rose 7% in in the last three months of 2021 compared to the same period in 2020, The NPD Group said on Thursday. 
Luxury
Next creates 'department store' as it merges and expands Watford presence

Next creates 'department store' as it merges and expands Watford presence

​Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Fashion
Revolution Beauty looking good on the growth front

Revolution Beauty looking good on the growth front

​With major expansion in the UK and US ahead and an impressive performance across November and December behind it, Wednesday’s trading update for Revolution Beauty Group was a “pleasing" one to deliver.
Beauty
Harrods confirms that Bristol's H Beauty will open this spring

Harrods confirms that Bristol's H Beauty will open this spring

​Harrods has confirmed that the Bristol branch of its H Beauty chain will open in the spring. The move follows its debut in Edinburgh last year, at which time it said Bristol would open within the next 12 months.
Fashion
Inter Parfums posts record sales year on stellar fourth quarter

Inter Parfums posts record sales year on stellar fourth quarter

Fragrance maker Inter Parfums Inc. announced on Monday full-year net sales for 2021 catapulted 63% compared to 2020, on the back of double-digit net sales growth in the fourth quarter.  
Beauty
Sustainability, tech, flexibility are key factors when buying luxury - report

Sustainability, tech, flexibility are key factors when buying luxury - report

​Sustainability is not just a consideration but “a major factor when making a luxurious purchase with 51% seeing it as a sustainable and environmentally-friendly choice”, a Klarna study claims.
Luxury
Tommy Hilfiger links with Give Back Beauty for fragrances and wellness

Tommy Hilfiger links with Give Back Beauty for fragrances and wellness

​PVH’s Tommy Hilfiger brand is partnering with Give Back Beauty (GBB), a globally-focused group, for an exclusive worldwide license of the beauty and wellness business under the Tommy Hilfiger brand.
Beauty
Burberry boosts profit guidance as full-price sales take off

Burberry boosts profit guidance as full-price sales take off

​Burberry’s full-price sales continued to grow in double-digits compared with two years ago in the 13 weeks to December 25, underlining the ongoing recovery both at the company and in the luxury sector as a whole.
Luxury
THG has strong Q4 as Beauty and Ingenuity units soar, but margin forecast disappoints

THG has strong Q4 as Beauty and Ingenuity units soar, but margin forecast disappoints

​THG’s Q4 trading update on Tuesday showed that the group’s shares may have been under heavy pressure in recent months but its sales continue to soar.
Fashion
Asda owners believed to be in talks on Boots bid

Asda owners believed to be in talks on Boots bid

​Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
Beauty
Bain and CVC to link up on Boots bid - report

Bain and CVC to link up on Boots bid - report

Two of the world’s biggest private equity names are teaming up to bid for giant UK health & beauty retailer Boots. Bain Capital and CVC Capital have thrown their hats into the ring.
Beauty
Rituals Cosmetics gets B Corp certification

Rituals Cosmetics gets B Corp certification

​Talking a good game on all-things sustainable is one thing. Proving you can walk the walk is another. So fast-expanding luxury beauty brand Rituals Cosmetics has announced it is now a ‘Certified B Corporation’. 
Beauty
Yves Rocher appoints Jean-David Schwartz as managing director

Yves Rocher appoints Jean-David Schwartz as managing director

The Rocher group has recently appointed Jean-David Schwartz as managing director of its leading brand, Yves Rocher.
Beauty
Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

​The Fragrance Shop is planning to add more store to its UK portfolio even though some of its locations are facing challenges due to the rapid shift online of the past few years.
Beauty