Following its failed sale of Delpozo in 2020, Spanish perfume business Perfumes y Diseño is making a foray into fashion once again by acquiring a minority stake in premium clothing brand Oteyza.
We know UK retail parks were more popular venues to visit during lockdowns and British Land said Wednesday it’s “exploring further opportunities” to acquire more high-quality and well-located standalone centres.
The Estée Lauder Companies has announced the retirement of Alexandra Trower, executive vice president, global communications.
The private equity firm has taken a majority stake in the digital-native clean beauty brand, an investment that values the Santa Monica, California-based company at $1 billion and sets it up for accelerated growth.
W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Swiss fragrance and flavour maker Givaudan confirmed its mid-term targets after like-for-like sales rose 7.7% in the first quarter, helped by strong demand for its fragrance and beauty products.
Online sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
The British organic cosmetics brand founded by Sarah Brown in 2007 has announced that it has received £6.4 million (7.5 million euros) from the investment fund run by the family that owns French beauty group Clarins.
Singapore-based specialist in the digitisation of retail brands, Trax has announced that it has raised funds totalling €539 million ($640 million) which it will use to develop its services for retailers.
They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
The reopening of non-essential shops in much of the UK on April 12 and workers back in their offices mark a big step in the return to normality. It seems that key product categories are likely to benefit.
News to dampen non-essential retail reopening day enthusiasm. Don’t expect those who’ve saved money over the past year to hit the spend, spend, spend button.
Hammerson is selling its UK retail parks to Canadian private equity firm Brookfield for around £350 million, according to one report. However, on Monday, Hammerson said any deal is far from being sealed.
The Honest Company, the baby and beauty products brand founded by actress Jessica Alba and backed by L Catterton, officially filed for an initial public offering on Friday.
Debenhams hasn’t disappeared from the high streets quite yet. Many of the almost-100 department stores still in existence will reopen for up to 33 days from 12 April, offering deep discounts to clear stock.
