Luxe label Canali has opened its new flagship on the corner of New Bond Street and Brook Street. The opening coincides with its 85th anniversary with Canali saying it “marks an exciting new chapter for the brand”.
The Hut Group has rarely been out of the news in recent months and on Monday it made headlines again as it announced a third-quarter trading update that showed its business continues to go from strength to strength.
Unilever had upbeat news on Thursday. Despite currency effects sending its turnover down overall, it released Q3 figures that showed underlying sales growth (USG) of 4.4%, and prestige beauty was buoyant.
The American social networking giant has announced the launch of its Season of Support for small businesses, kicking off the initiative with the #BuyBlack Friday campaign supporting Black-owned businesses.
On Thursday, Swiss group Givaudan, the world's number one fragrance and aroma manufacturer, published sales data for the first nine months of the year. Exchange rate effects hampered growth, despite an improvement in Q3.
Vivienne Westwood reported 2019 results this week and while the figures pre-date the current crisis, it seems confident that it has the strength to continue, despite saying that Covid-19 had a “profound impact”.
Beauty manufacturer and brand owner Warpaint London said on Wednesday that the first six months of the year saw its sales falling 29% to £13.5 million as a result of Covid-19 restrictions in the UK and internationally.