The point at which brands, retailers and destinations equal or exceed key measures from before the pandemic is being closely watched and Wembley Park’s London Designer Outlet has just hit a key milestone on this front.
Farfetch shares are more than a quarter down from where they were this time last week. And the reason? The company held a capital markets day Thursday and the cost of its ambitious plans didn’t please its investors.
Ulta Beauty announced on Thursday revenues for the third quarter surged 17% to $2.3 billion, coinciding with double-digit comparable sales growth, which contributed to an earnings jump for the beauty retailer.
A few days after the aquisition of Tom Ford by Estée Lauder, FashionNetwork.com met with Franck Besnard, president France of the beauty group, who tells us about the acquisitions and the French beauty market.
Troubled mass-market retailer Revolution Beauty has promoted its interim chief operating officer Bob Holt to chief executive. The news came as it emerged that Boohoo has more than doubled its stake in the company.