​Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.

The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company. 

​BNPL giant Klarna has been growing fast and clearly wants to grow even faster with the payments firm about to launch a three-day event targeting its many millions of consumers around the world.

Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.

British e-commerce company THG was at the centre of a bid battle on Thursday, rejecting an offer from two investment groups and learning that local entrepreneur Nick Candy was considering making a bid.

Global beauty giant L'Oréal is finalizing the acquisition of Byredo, backed by British fund Manzanita Capital, the owner of Diptyque and Malin+Goetz, according to a report from French newspaper Le Figaro. 

​Malls giant Unibail-Rodamco-Westfield (URW) is continuing to roll out its Westfield brand to more locations and has announced that it’s rebranding three flagship centres under that name.

Landlord Grosvenor has launched an interesting project, unveiling “an innovation challenge seeking to find new technologies and partners that are putting customer experience at the heart of bricks and mortar retail”.

ASOS Chairman as Ian Dyson is to take up the same post at electricals retailer Currys. He'll remain with ASOS for now and the firm will replace him once it has appointed a new CEO, with its CEO search still under way.

Canada’s Bite Beauty took to social media this week to announce it is going out of business following a decade in the industry. 

Previously destined for a life in the trash, strawberry residue, tangerine peels, and carrot seeds are now part of the new olfactory palette of the fragrance world.

India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.

Lady Gaga's vegan and cruelty-free cosmetics brand Haus Laboratories is getting a revamp and new retail partner. 

Fenty Beauty and Fenty Skin will launch across eight different markets in Africa, as the company's founder, Rihanna, looks to expand her skincare and beauty brand across the globe.

French cosmetics group L'Oréal, owner of brands such as Yves Saint Laurent and Lancôme, has appointed Emmanuel Goulin as president and CEO of L'Oréal Italy. Goulin will succeed François-Xavier Fenart.