As Debenhams exits the high street, many of its former stores are being converted to non-retail uses. But there appears to be an opportunity opening up for the return of smaller department store operators.
The international fragrance company achieved net income of $27.7 million in the first quarter ended March 31, 2020, up 175% from $10.1 million in the prior-year period, and 47% from $18.9 million in Q1 2019.
Coty Inc’s biggest business that includes brands such as Burberry perfumes and Gucci foundations returned to growth in the third quarter after a tumultuous 2020, while the cosmetics maker’s net loss narrowed sharply.
Poor spring weather over much of the UK hit shopper footfall numbers last week, although Scotland's retail reopening bought much brighter figures, according to latest reports from Springboard and Ipsos.
One of the UK's best known and historic hairdressing names could be about to appoint administrators as the hair and beauty salon sector tries to recover from a year in which enforced closures have been devastating.
L'Oreal's make-up sales are set to bounce back to pre-COVID-19 pandemic levels, the French group's new chief executive said on Friday, with women opting for brighter colours in their post-crisis makeovers.
Be warned. Brands are putting customer loyalty at risk due to a disconnect between their physical and e-commerce experiences, new research claims, with Gen Z consumers now expecting in-store 'experientialism'.
It’s been a tough year for make-up sales, and lipstick in particular, as lockdowns and mask-wearing have pushed this former must-have item much lower on consumers’ priority lists. But times are changing.
The professional beauty supplies seller announced second-quarter sales of $926.3 million on Thursday, an increase of 6.3% from $871.0 million in the prior-year period, despite ongoing disruptions related to Covid-19.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.