Miscellaneous
The latest news
Global labels among Matches creditors to get back very little, offers come in
A new filing by Matches' administrators shows there’s been plenty of interest in buying it but that even if it was sold as a going concern, any new owner would have to deal with its severely dented reputation.
Luxury
Warpaint London's success continues in Q1 as big-name stores stock up
The stage had been set early this month with Warpaint London promising impressive trading numbers, not only for the year ended 31 December, but also the current year's Q1.
Beauty
L’Objet names new CEO ahead of Harrods beauty concession opening
Interiors and fragrance brand L’Objet has appointed Stanislas Le Bert as CEO, effective immediately, ahead of its opening of a beauty concession inside Harrods next month.
Beauty
Primark on a roll as UK, Europe and US all stay strong
Primark's owner announced its interim results on Tuesday with the 24 weeks to the beginning of March showing that the chain is continuing to prosper and its baby steps into digital are paying off.
Fashion
Tapestry and Capri Holdings defend merger plans after FTC bombshell
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Luxury
Central's search for new Selfridges partner goes on, reportedly in talks with possible buyers
Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa.
Fashion
Britain’s retail sales disappoint in sign of lacklustre recovery
Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”
Fashion
L'Oreal shares shine after Q1 sales beat expectations
Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth.
Beauty
YSL Beauty adds new zones to rewilding programme
YSL Beauty has announced two new rewilding programmes with NGO Re:wild in celebration of International Rewinding Day. It comes after the luxe brand has “helped to rewild more than 47,000 hectares worldwide” so far.
Beauty
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
Spanish cosmetics group Puig seeks to raise up to 2.9 billion euros in IPO
Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain's largest initial public offering in almost a decade.
Beauty
Can ASOS keep Topshop as Shein and Authentic rekindle interest?
News last year that Shein and Authentic Brands Group were interested in buying Topshop seemed to be just a rumour. But now the speculation has resurfaced. So do ASOS's problem make a takeover more likely?
Fashion
Cosmoprof North America returns to Las Vegas for 21st edition
Cosmoprof North America (CPNA) has announced its return to the Mandalay Bay Convention Center in Las Vegas.
Beauty
Beiersdorf raises its sales forecast for 2024 after a good first quarter
Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions.
Beauty
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Valentino new London flagship debuts on Sloane Street
Valentino has opened the doors of a major new flagship on upscale Sloane Street in London, which it said continues the label’s “evolution towards a more intimate, design-led retail dimension”.
Fashion