The New York-based cosmetics group reported its financial results for the first quarter 2018 on Thursday, recording widening losses due to falling sales, particularly in North America and its fragrance segment.
EU-based shoppers searched for UK fashion items using smartphones in greater numbers than ever in the first three months of this year. But local UK shoppers were much more focused on beauty, according to new data.
Analysts are predicting another grim year for UK fashion retail in 2018. Following a volume decline for clothing and footwear of 0.8% last year, growth isn't expected to return until next year, leaving 2018 weak.
Europe’s biggest online fashion retailer said the launch of beauty products in Germany had made a promising start and its active customer numbers jumped in the first quarter but a late start to spring hit profitability.
London’s historic luxury destination Burlington Arcade is being sold to the Reuben brothers for £300m. The arcade has been on the market since last year with estimates at one point that it could fetch over £400m.
The new scent is packaged in a bottle molded on the exact contours of Kim's torso. The move has sparked controversy among fans, who have drawn comparisons with Jean Paul Gaultier's "Classique" fragrance bottle.
Facebook Inc’s Messenger app launched an augmented reality feature on Tuesday to allow people to see products they are shopping for as if they already have them, in a move aimed at drawing in potential advertisers.
The Estée Lauder Companies, Inc. announced several changes to its employee benefits designed to support a diverse workforce, namely adding 20 weeks paid maternity leave, adoption assistance and child and elder care.
The Lalique Group, whose portfolio includes an expanding fragrance and cosmetics division, plans a capital increase and a listing on the SIX Swiss Exchange, the Swiss luxury goods company said on Thursday.
Inter Parfums on Wednesday said that first-quarter net sales increased 20.1% to $171.8 million, despite a disappointing US sales dip. The fragrance distributor now predicts $665 million in total sales for 2018.
Coty has named Esra Erkal-Paler as chief global corporate affairs officer and executive committee member, a newly-created position in which she will lead communications strategy and responsible growth.