The latest news
Bed Bath & Beyond gets loan default notice from JPMorgan
Bed Bath & Beyond Inc said on Thursday it had received a notice of default on its loan from JPMorgan Chase Bank N.A., triggering a 22% slump in its shares.
John Lewis beauty trends forecast takes in mushrooms, skin HIIT
John Lewis has launched a new Beauty & Wellness Moments report and has focused on a number of key beauty trends it sees as big for 2023.
P&G raises sales forecast on price hikes, sees volumes fall
Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.
Bed Bath & Beyond looks for buyers, lenders before potential bankruptcy: report
Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on Wednesday.
THG update sends shares lower as it warns on profits
THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet.
Sephora UK's first store will be at Westfield London
Hot on the heels of last year’s UK re-entry for Sephora online, it has now revealed the location for its previously-promised first British physical store.
Harrods tests in-store recycling at H Beauty branch
Sustainability will remain a 2023 priority despite the cost-of-living crisis. And with its customers perhaps less worried about rising bills, it certainly will be key for Harrods.
Lone Design Club links with Trinity Leeds for lifestyle pop-up
Lone Design Club has partnered with property giant Landsec to open a pop-up store within its Trinity Leeds shopping destination. The collab aims to “bridge the gap between sustainable living and wellness brands”.
Space NK sees festive sales jump, plans new stores as it preps upsized Westfield debut
Premium beauty retailer Space NK is to invest more money into its physical stores business, the company’s CEO has said following news of growth in sales over Christmas.
Bed Bath & Beyond to lay off more employees to trim costs
Bed Bath & Beyond will lay off more employees in an attempt to reduce costs, the company said on Tuesday, a week after announcing it was exploring options including bankruptcy.
Bed Bath & Beyond preparing to file bankruptcy within weeks
Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.
Coty: Lubomira Rochet (ex-L'Oréal) joins the board of directors
Lubomira Rochet, who led L'Oréal's digital division for seven years, is joining the board of American cosmetics group Coty.
Boots has strong December as it continues its recovery
Thursday was a good day for UK festive season trading updates with Next and B&M both reporting strong figures in the morning and beauty retail giant Boots joining them later in the day
Space NK sales break record, but investment dents profits
Space NK saw its turnover rising in its latest year, reaching £119.1 million. That compared to £111.8 million in the previous period, which had included the sales from a subsidiary it sold for a profit of £83.1 million.
In-store retail, sustainability top technology trend in retail in 2023: Perfect Corp
In-store retail and sustainable digital transformation are expected to be top retail technology trends to watch in 2023, according to a new report by Perfect Corp.
L'Oréal France: Céline Brucker promoted to general manager
Currently in charge of the consumer division in France, Céline Brucker, has just been appointed general manager of L'Oréal France. She will be succeeding Hervé Navellou, who is becoming president of L'Oréal France.