×

Beauty

The latest news

Liberty London uses robotic process automation to get products onto webstore faster

Liberty London uses robotic process automation to get products onto webstore faster

​Part of department store Liberty London’s appeal may be its traditions and its ‘old world’ charm, but the business is continuing to embrace technology as it moves forward post-pandemic.
Luxury
Klarna announces job cuts, 10% of posts to go

Klarna announces job cuts, 10% of posts to go

​BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Fashion
West End landlord Shaftesbury hails footfall recovery, rising property values

West End landlord Shaftesbury hails footfall recovery, rising property values

​Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Fashion
Big luxury names still back physical retail, London, Paris, NYC are key

Big luxury names still back physical retail, London, Paris, NYC are key

Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
L'Oréal acquires stake in Japanese start-up Sparty

L'Oréal acquires stake in Japanese start-up Sparty

Through the Bold venture capital fund, L’Oréal has bought a minority stake in Sparty, a Japanese start-up specialising in personalised beauty products.
Beauty
Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

Superdrug links with Jack Monroe to help shoppers through cost-of-living crisis

​UK health & beauty retailer Superdrug has launched its ‘Shop Smart’ campaign in partnership with poverty campaigner and activist Jack Monroe, to help customers navigate the growing cost of living crisis.
Beauty
Luxe sector calls for return of UK VAT-free shopping as spending plummets

Luxe sector calls for return of UK VAT-free shopping as spending plummets

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
Grosvenor's strong recovery boosted by improving retail scene

Grosvenor's strong recovery boosted by improving retail scene

​Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
Fashion
THG surges after rejecting buyout bid, attracting more interest

THG surges after rejecting buyout bid, attracting more interest

The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company. 
Beauty
Retailers take part in first UK first wellbeing festival for workers

Retailers take part in first UK first wellbeing festival for workers

​Staff from 100 of the biggest retailers operating in Britain, including ASOS, H&M, New Look and Superdrug, have taken part in the first wellbeing festival for retail workers run by industry charity the Retail Trust.
Fashion
It's bad: UK consumer confidence falls to its lowest since 1974

It's bad: UK consumer confidence falls to its lowest since 1974

​UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
Fashion
Boots to continue Love Island sponsorship

Boots to continue Love Island sponsorship

​The love affair continues. UK health & Beauty retail giant Boots is rekindling its relationship with ITV2’s Love Island in a deal that runs for the second year in a row.
Beauty
ONS says UK retail sales moved up in April, fashion did well

ONS says UK retail sales moved up in April, fashion did well

​Official retail sales figures for the UK in April were released on Friday and they showed volumes ticking upwards again after they’d fallen during March.
Fashion
Klarna to mark 150m consumers milestone with global Dream Days sales event

Klarna to mark 150m consumers milestone with global Dream Days sales event

​BNPL giant Klarna has been growing fast and clearly wants to grow even faster with the payments firm about to launch a three-day event targeting its many millions of consumers around the world.
Fashion
Hugo Boss COO to leave this month

Hugo Boss COO to leave this month

Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.
Luxury
L'Oréal acquires Byredo

L'Oréal acquires Byredo

Global beauty giant L'Oréal is finalizing the acquisition of Byredo, backed by British fund Manzanita Capital, the owner of Diptyque and Malin+Goetz, according to a report from French newspaper Le Figaro. 
Beauty