Miscellaneous
The latest news
Bluegem sells Beautynova majority stake to PAI Partners
London-based Bluegem, the private-equity firm, has struck a deal with PAI Partners for the latter to acquire a majority stake in Beautynova, the professional haircare platform.
Fashion
UK luxury is £81bn industry says new report
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
Fashion
John Lewis back in profit, fashion sales rise
John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories
Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Interactive experiences a must for in-store beauty buys - survey
Just how important is it for consumers to have in-store support to get a beauty purchase right? New research says it’s key for just about everyone, but are brands/retailers providing the right back-up to get them there?
Beauty
Otto Group unveils leadership succession plan
Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Perfume retailer Douglas seeks up to 30 euros per share in Frankfurt IPO
German perfume retailer Douglas said Monday it would sell shares at 26 to 30 euros ($32.8) in of one Europe's first major initial public offerings this year.
Beauty
HMV rescuer mulls Body Shop bid, beauty chain shuts American ops
One of the UK high street’s most prominent rescuers is reportedly mulling a bid for The Body Shop, while the company has shut its US stores and is liquidating some Canadian outlets.
Beauty
Luxury e-tail crisis: Is it game over for sector's biggest names?
Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion
Matches to go into administration following purchase by Frasers
In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
Amazon opens applications for 2024 UK, Europe Sustainability Accelerator
Digital giant Amazon is again on the hunt for start-ups with unicorn potential “to help solve the world's most challenging sustainability issues”.
Fashion
German perfume retailer Douglas plans $1.2 billion IPO by March end
German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initial public offering (IPO) on the Frankfurt Stock Exchange.
Beauty
Dove campaign tackles ‘absurdity’ of young girls adopting anti-ageing skincare regimes
Young girls are increasingly being exposed to adult skincare content, and it's creating societal pressure for them to adopt unnecessary anti-ageing skincare regimens before they've even grown up.
Beauty
Harrods still hitting the spot with Chinese luxe shoppers says MD
Harrods MD Michael Ward remains upbeat about the luxury store’s sales to Chinese customers, with its focus on the most affluent and its connection with them via initiatives such as its new Shanghai club being key.
Fashion
Drest makes key leadership appointments with new co-CEO and CTO
Fashion and beauty gaming specialist Drest has appointed a new co-CEO with Daniel Svärd stepping up to the top job alongside co-founder and CEO Lucy Yeomans.
Fashion
Very Group gets £125m funding, says fashion is promotional but premium does well
Online retail giant The Very Group had bad news and good on Tuesday. The company may have reported a loss for the latest half year, but it also announced a £125m investment package from Carlyle and IMI.
Fashion