After ShowroomPrivé's acquisition of The Bradery, its co-founder talks about his strategic ambitions, the development of the lifestyle offer, and above all his desire to increase the selectivity of the premium website.
Hugo Boss released its Q3 figures on Thursday, and talked of “strong momentum” as it raised its full-year guidance. It also reported currency-adjusted group sales up 18% on the year and up 27% compared to 2019.
Estee Lauder Cos Inc cut its full-year forecasts ahead of the holiday season, blaming lockdowns in China and American retailers cutting stocks of its cosmetics and fragrances on worries of a slowdown in demand.
The Fragrance Shop has enjoyed a post-pandemic bounce with annual sales and profits both rising as the retailer looks forward to further growth alongside moving to a new combined HQ and fulfilment centre near Manchester.
Unilever’s Q3 trading statement on Thursday revealed “another strong quarter of growth”, with its sales guidance raised. It came as underlying sales growth accelerated to 10.6% and price growth stepped up to 12.5%.
Present at the High Point furniture fair in North Carolina, German entrepreneur Philipp Plein presented his new interior design collection and announced the opening of 300 Plein Sport stores in the next three years.
Fragrance giant Inter Parfums announced on Monday a 7% uptick in third-quarter sales for the three months ended September 30, on the back of double-digit growth in the company's U.S. operations and newer brands.
German perfumery group Douglas, owner among others of French chain Nocibé, has recently appointed as CEO Sander van der Laan, former boss of Dutch hard-discount retailer Action, succeeding Tina Müller.