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L'Occitane International names André Hoffmann as new CEO

L'Occitane International names André Hoffmann as new CEO

There's been a change in leadership at L'Occitane International. After 25 years at the head of the beauty group, Reinold Geiger has handed the reins over to André Hoffmann. 
Beauty
UK consumers serious about skincare, centre:mk report shows

UK consumers serious about skincare, centre:mk report shows

​UK consumers - women and men - are serious about their beauty regimes, Milton Keynes shopping mall centre:mk confirms in a new survey of 2,000 adults. It found that the average spend is almost £400 a year on skincare. 
Beauty
Hut Group sales soar again, THG Beauty to be listed separately

Hut Group sales soar again, THG Beauty to be listed separately

The Hut Group continued to go from strength to strength in the first half of the year with group revenue rising almost 45% to £958.8 million year-on-year, and rising 95% compared to the first six months of 2019 (2YoY).
Fashion
John Lewis sales improve but profits remain muted

John Lewis sales improve but profits remain muted

John Lewis Partnership’s half-year report on Thursday showed an improvement on the prior-year period but its results were still far below some of the figures it produced just a few years ago.
Fashion
John Lewis Partnership adds 7,000 temporary festive season roles

John Lewis Partnership adds 7,000 temporary festive season roles

​In an optimistic outlook for the upcoming Christmas trading period, The John Lewis Partnership (JLP) is to recruit more than 7,000 temporary seasonal staff across the country — 2,000 more than last year.
Fashion
"Star performers" boost prestige make-up sales in UK - NPD

"Star performers" boost prestige make-up sales in UK - NPD

Make-up may have struggled as a category in the pandemic, but certain key products within it are outperforming as society works its way back to normal.
Beauty
H&M Q3 sales rise, now back at 2019 levels

H&M Q3 sales rise, now back at 2019 levels

H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion
Inditex is "early winner" in post-Covid world as sales bounce back

Inditex is "early winner" in post-Covid world as sales bounce back

Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
Fashion
Beauty products supplier Knowlton targets over $3 billion valuation in U.S. IPO

Beauty products supplier Knowlton targets over $3 billion valuation in U.S. IPO

Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.
Beauty
Expanding ​Secret Sales names ‘dream team’ of six new star execs

Expanding ​Secret Sales names ‘dream team’ of six new star execs

Premium e-commerce marketplace Secret Sales has hired six “star” senior execs with impressive track records at some of fashion’s biggest names. They’re filling new positions as it expands at home and abroad.
Luxury
Mytheresa hails enduring change in shopper habits as Q4 and full year boom

Mytheresa hails enduring change in shopper habits as Q4 and full year boom

Mytheresa has reported another strong quarter and year and even outperformed its own expectations. Q4 saw “exceptional net sales growth” and the full year was ahead of both 2020 and 2019.
Luxury
Black Friday Barometer shows negative feelings among UK consumers

Black Friday Barometer shows negative feelings among UK consumers

​There are a lot of unhappy UK consumers who don’t feel Black Friday/Cyber Monday (BF/CM) discounts are all they’re cracked up to be. In fact, nine negative views are revealed in the 'Discounting Playbook' report.
Fashion
Shopping centres struggle to atract consumers in latest week

Shopping centres struggle to atract consumers in latest week

Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Fashion
L'Oréal names Emmanuel Goulin head of luxury division in Italy

L'Oréal names Emmanuel Goulin head of luxury division in Italy

Formerly the general manager of L’Oréal’s travel retail division for Asia-Pacific, Emmanuel Goulin has replaced Luca Guillot Boschetti as head of the group’s luxury division in Italy.
Beauty
Hope for city centre retail as office workers return

Hope for city centre retail as office workers return

City centre retail has suffered from the pandemic as tourists haven’t returned in large numbers and office workers stay home. But there’s  hope, with signs of office workers returning to semi-normal working patterns.
Fashion
UK consumers are becoming mindful shoppers say BFC and Clearpay

UK consumers are becoming mindful shoppers say BFC and Clearpay

The UK is becoming a nation of “mindful shoppers”, a new report commissioned from Oxford Economics by the British Fashion Council and buy-now-pay-later giant Clearpay shows.
Fashion