​Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.

​Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.

Salvatore Ferragamo is in negotiations with fragrance group Interparfums, which produces perfumes for brands including Coach and Jimmy Choo, about a licensing deal for the development of its own fragrances. 

On Thursday, Swiss group Givaudan announced a new partnership with Chinese website Tmall to accelerate perfume creation by analysing consumer behaviour data.

​Body Shop owner Natura &Co has unveiled Fable Investments, a investment vehicle set up to support beauty, health and wellness companies. And its first investment is in Britain's Perfumer H.

Fragonard, the Provençal marque par excellence, has teamed up with designer Thierry Colson to create a new summer collection, which begins retailing next month.

West End landlord Grosvenor is continuing its drive to get more deeply involved in some of the businesses that occupy its properties with news on Wednesday that it has taken a stake in luxury label Roland Mouret.

​Hugo Boss’s new CEO has officially taken up the role with former Tommy Hilfiger executive Daniel Grieder also joining the German high-end fashion firm’s Managing Board.

​Gwyneth Paltrow’s standalone Goop store in London’s Notting Hill has closed for good. The UK webstore remains open, however.

Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.

It had all the makings of a headline-grabbing takeover, but Frasers Group buying Hugo Boss has turned out to be nothing more than pure speculation for now.

Capri Holdings may have made a loss in Q4, but the company remains upbeat that in a post-pandemic world, its trio of power brands can be a profits-generating machine.

The American beauty conglomerate announced on Friday that its president of luxury brands, Simona Cattaneo, will be stepping away from her role this summer after five years at the company.

​Is the UK's Frasers Group about to make a bid for Hugo Boss? Some investors in the latter seem to think so as its shares jumped on Friday on speculation that shareholder Frasers has ambitions to take control.

​The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.

​Fashion e-tail giant ASOS is reportedly considering diving even deeper into beauty via possible bids for major beauty platform Cult Beauty or Feelunique, according to a report.