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Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods has unveiled the 29,000 sq ft store at Centre:mk with a massive mix of premium and luxury brands and experiences that it says "bring the magic of Harrods Beauty to Milton Keynes".
Fashion
Prestige beauty strong for Unilever in Q1, new Elida unit performing well

Prestige beauty strong for Unilever in Q1, new Elida unit performing well

Global home products giant Unilever said Thursday it delivered "strong growth” in its Prestige Beauty segment as all its divisions produced positive revenue gains in the first quarter.
Beauty
URW cautiously upbeat as reopenings look good so far

URW cautiously upbeat as reopenings look good so far

Malls giant Unibail-Rodamco-Westfield has delivered a Q1 update that showed turnover still "strongly impacted by ongoing Covid-19 restrictions”. But reopenings so far suggest plenty of pent-up demand.
Fashion
Grosvenor results dented as property values plunged, retail losses grew

Grosvenor results dented as property values plunged, retail losses grew

As expected, a poor performance from its retail operations hit the Grosvenor Group in its latest trading year as the pandemic caused the high-end property business to swing to its first loss since the financial crisis.
Fashion
White Company stays strong despite pandemic

White Company stays strong despite pandemic

The White Company did surprisingly well in the 12 months to August 1 last year and has reported group operating profit up 4% to £14.1 million.
Fashion
Nivea maker Beiersdorf CEO to resign

Nivea maker Beiersdorf CEO to resign

Nivea maker Beiersdorf on Tuesday said Chief Executive Stefan de Loecker will step down and be replaced by board member Vincent Warnery from May 1.
Beauty
Hyram Yarbro is top 'skinfluencer' and The ordinary most searched-for brand - study

Hyram Yarbro is top 'skinfluencer' and The ordinary most searched-for brand - study

The Ordinary is the most searched for skincare brand globally and Hyram Yarbro is the top skincare influencer, a new study by Lookfantastic, the THG-owned beauty site, shows.
Beauty
Jessica Alba's The Honest Company shooting for $1.5 billion valuation with IPO

Jessica Alba's The Honest Company shooting for $1.5 billion valuation with IPO

The Los Angeles-based beauty, baby and consumer goods company founded by actress Jessica Alba said on Monday that it is aiming for a valuation of more than $1.5 billion with its upcoming U.S. IPO.
Beauty
New pre-pack administration rules start this week

New pre-pack administration rules start this week

​New rules regarding pre-pack administrations come into force on April 30 as the UK addresses an issue that has angered creditors of failed companies for many years.
Fashion
Frasers is latest retailer told to pay rent arrears

Frasers is latest retailer told to pay rent arrears

The financial cost of Covid could jump for many non-essential retailers, given a second High Court ruling over rent arrears. Retail group Frasers has been ordered to pay rents accrued since the start of the pandemic.
Fashion
Historic House of Fraser store in London's Victoria to shut next year

Historic House of Fraser store in London's Victoria to shut next year

​One of the oldest department stores in central London will close next summer after trading for 150 years on its site in Victoria. 
Fashion
Hammerson names exec to key 'development and repositioning' role

Hammerson names exec to key 'development and repositioning' role

In what’s looking like a key appointment in these times of change, UK commercial property giant Hammerson has appointed a chief development and asset repositioning officer for the UK and Europe.
Fashion
Westfield wins case against Fragrance Shop over unpaid rent

Westfield wins case against Fragrance Shop over unpaid rent

​In a worrying development for retailers — but not their landlords — the UK's High Court has backed the joint venture partner of Unibail-Rodamco-Westfield against The Fragrance Shop in a dispute over unpaid rent.
Beauty
Fashion was key in March, boosted UK retail as shoppers prepared for reopening

Fashion was key in March, boosted UK retail as shoppers prepared for reopening

​UK retail sales proved strong in March as consumers got ready for the end of lockdown by purchasing new clothes, official figures from the Office for National Statistics (ONS) showed on Friday. 
Fashion
Fenwick gets new chair as digital savvy Simon Calver steps in

Fenwick gets new chair as digital savvy Simon Calver steps in

​Fenwick has a new non-executive chairman. Simon Calver has been appointed to help steer the family-owned UK department store chain through a series of sweeping changes, specifically its e-tail operations.
Fashion
Hermès opens third store in London's Harrods

Hermès opens third store in London's Harrods

​Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury