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Beauty

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Jessica Alba's Honest Co valued at nearly $2 bln in strong market debut

Jessica Alba's Honest Co valued at nearly $2 bln in strong market debut

Jessica Alba's consumer goods company Honest Co was valued at $1.92 billion in its Nasdaq debut, after its shares opened 33% above their offer price on Wednesday.
Beauty
Last Debenhams stores to shut on May 15

Last Debenhams stores to shut on May 15

​Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
Fashion
Stockmann revenue falls, but losses narrow

Stockmann revenue falls, but losses narrow

Stockmann, the Finnish retail group that also owns the Lindex chain, said its consolidated revenue fell 7.1% currency-neutral in the first three months of the year, dropping to €155.7 million.
Fashion
Hugo Boss Q1 boosted by China, online and casualwear

Hugo Boss Q1 boosted by China, online and casualwear

​Hugo Boss said that it's seen a solid start to the year as it revealed its first-quarter sales. Not that those sales rose. In fact they were down 8% currency-adjusted, or 10% in total to €497 million.
Fashion
Shiseido, Dolce & Gabbana put partial end to their licence agreement

Shiseido, Dolce & Gabbana put partial end to their licence agreement

The Japanese cosmetics group has put a partial end to its beauty licence agreement with Dolce & Gabbana, a decision taken as Shiseido, struggling as a result of the Covid-19 crisis, intends to focus on skincare. 
Beauty
Bad weather dents UK retail footfall

Bad weather dents UK retail footfall

It’s a factor guaranteed to dent consumer enthusiasm. Bad weather. Footfall across all UK retail destinations declined by 2% week-on-week in the seven days between Sunday 25 April and Saturday 1 May, reports Springboard.
Fashion
Global-e launches NASDAQ IPO as cross-border e-commerce booms

Global-e launches NASDAQ IPO as cross-border e-commerce booms

​Global-e, the cross-border e-commerce specialist, has launched its initial public offering that will see it listing on NASDAQ in the US. The shares will be price between $23 and $25.
Fashion
E.L.F. teams up with TikTok for gaming live series

E.L.F. teams up with TikTok for gaming live series

The cosmetics brand is partnering with the video sharing app and gaming media platform Enthusiast Gaming for the launch of TikTok Gamers Got Talent, a live series showcasing the TikTok gaming community’s skills.
Beauty
Inditex launches Zara Beauty cosmetics line

Inditex launches Zara Beauty cosmetics line

Zara is diving headfirst into beauty with the launch of a complete cosmetics line conceived by British makeup artist Diane Kendal. The retailer's debut beauty offering will be available in store and online from 12 May. 
Beauty
Estee Lauder sales miss estimates as makeup demand slumps

Estee Lauder sales miss estimates as makeup demand slumps

Estee Lauder Cos Inc missed analysts' estimates for quarterly sales on Monday, as weak demand for its makeup products offset growth at the cosmetics maker's skincare brands, with people continuing to work from home.
Beauty
Irish retail gets green light for May reopening

Irish retail gets green light for May reopening

They may be late to rejoin the wider reopening party, but non-essential retailers in the Republic of Ireland will have their trading restrictions lifted from mid-May.
Fashion
Big retail landlords seek end-of-year deadline for payment arrears

Big retail landlords seek end-of-year deadline for payment arrears

Enough is enough. Commercial property giants British Land and Land Securities have called for time limits for their tenants to settle rent arrears accrued since the pandemic began.
Fashion
Retail needs help as store vacancy rates grew in Q1

Retail needs help as store vacancy rates grew in Q1

Alarm bells are continuing to ring over the future of Britain’s retail industry. Despite a positive return for non-essential retail in England, Wales and Scotland so far, more store closures are due in the months ahead.
Fashion
Alibaba's Taobao unveils livestreaming innovations

Alibaba's Taobao unveils livestreaming innovations

​Alibaba’s Taobao Live is investing more heavily in livestreaming, a step that should boost its revenues and increase pressure on other e-tailers around the world to increase their livestreaming offers.
Fashion
Hermès unveils new Beijing flagship

Hermès unveils new Beijing flagship

​Ultra-luxe label Hermès has unveiled a newly transformed flagship in Beijing's China World Trade Centre. It covers two floors and more than 900 sqm with an “eye-catching façade that beckons from afar”.
Luxury
Valentino's first makeup collection will be for one and all

Valentino's first makeup collection will be for one and all

Inclusivity is at the heart of this debut Valentino Beauty makeup collection, designed for all skin tones thanks to its wide range of shades.
Beauty