Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.
Ahead of its separation from iconic lingerie brand Victoria’s Secret next month, the beauty retailer has revealed plans to expand in skincare and hair products as it carves a path for itself as an independent company,
Frasers Group has unveiled its latest big development. The new Flannels in Sheffield opened its doors with women's and men's ready to wear and accessories, plus kidswear, activewear and — for the first time — beauty.
Just a day after news that L Catterton will take a stake in Etro, Ermenegildo Zegna said it will list its shares in New York and is combining with Investindustrial Acquisition Corp, which will be a minority shareholder.
Department store Liberty has filed its results for the year to the end of January and said that it was "significantly impacted" by the three separate Covid lockdown in the UK that dented footfall to its London flagship.
UK online retail sales dropped 14.1% in June, which was the biggest fall since the IMRG Capgemini Online Retail Index began. Beauty plunged but there was a bright spot for fashion, which rose in double-digits.