Cosmetics
The latest news
Shiseido Americas rejigs leadership
Shiseido Americas announced on Monday the appointment of Agnes Landau as chief marketing officer, US, a newly created role.
Beauty
Thirteen Lune raises $8 million for expansion
Inclusive beauty e-commerce destination Thirteen Lune announced on Thursday that it has raised $8 million in a seed plus investment round with new participation from The BrainTrust Fund.
Beauty
Lipstick effect: UK beauty shoppers still buying premium in Golden Quarter
NPD Group said premium UK beauty sales over Christmas were up “a phenomenal 9.2% on the previous year despite the deepening cost-of-living crisis”, with lipstick ahead by as much as 22%.
Beauty
P&G raises sales forecast on price hikes, sees volumes fall
Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.
Beauty
Positive Luxury interview: biodiversity is the 'new black'; ignoring eco is a business risk
New laws and changing consumer attitudes make ignoring sustainability a huge business risk, say Positive Luxury's co-CEOs. They also see biodiversity as the key issue for the sector at present.
Fashion
Superdrug grows sales and market share over "tremendous" Christmas
Superdrug can now join a long list of UK beauty retailers delivering strong results for the Christmas trading period, with premium fragrances a top gifting target for consumers, it said.
Fashion
Bogart could close 17 of its 67 April perfume stores in France
The French cosmetics group announced on Thursday a "reorganisation project" for its network of April perfumeries in France, which could lead to the closure of 17 shops and the loss of 50 jobs.
Beauty
Boohoo sees another revenue fall, but stays upbeat
Boohoo’s closely-watched trading statement has revealed figures in line with weak expectations. Revenue may have been up sharply compared to pre-Covid, but it was down globally against a year ago for the festive season.
Fashion
Jeff Lotman unveils Fred Segal's plans for 2023
Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's expansion.
Fashion
Farfetch leadership team changes as Holli Rogers exits, Elizabeth von der Goltz steps in
Farfetch has made some key changes to its leadership as Chief Brand Officer Holli Rogers and Chief Growth Officer Martin Avetisyan leave the company “to pursue other opportunities”.
Luxury
Burberry's muted Q3 hit by China woes, but it "over-indexed" in soft accessories
Burberry’s Q3 update on Wednesday showed a slowdown in sales growth as — like luxury peer Richemont on the same day — it reported a big impact from Covid in China.
Fashion
THG update sends shares lower as it warns on profits
THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet.
Fashion
Sephora UK's first store will be at Westfield London
Hot on the heels of last year’s UK re-entry for Sephora online, it has now revealed the location for its previously-promised first British physical store.
Beauty
Harrods tests in-store recycling at H Beauty branch
Sustainability will remain a 2023 priority despite the cost-of-living crisis. And with its customers perhaps less worried about rising bills, it certainly will be key for Harrods.
Beauty
Lush sees best-ever Christmas sales
Beauty was big at Christmas, as results from Boots, The Fragrance Store and The Perfume Shop testify. Now we can add Lush to the list as the high street retailer reported its highest-ever trading month in December.
Beauty
Morpeth's Sanderson Arcade sees best footfall in six years
It’s not just the biggest UK shopping centres that have enjoyed success in 2022. Sanderson Arcade in Morpeth, Northumberland, said it has recorded the highest footfall levels seen since before the pandemic.
Fashion