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Cult Beauty sales surge as it gains new customers in UK, Europe

Cult Beauty sales surge as it gains new customers in UK, Europe

​Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.
Beauty
ASOS extends beauty offer with Lush debut

ASOS extends beauty offer with Lush debut

​ASOS has added to its Face + Body beauty offer with the company teaming up with British fresh handmade cosmetic pioneer Lush. 
Beauty
Goop closes London boutique

Goop closes London boutique

​Gwyneth Paltrow’s standalone Goop store in London’s Notting Hill has closed for good. The UK webstore remains open, however.
Beauty
Ulta swings to profit, beats expectations with top and bottom lines

Ulta swings to profit, beats expectations with top and bottom lines

Ulta announced Q1 net income of $230.3 million, or $4.10 per diluted share, on Thursday, surging out of the loss reported by the company in the prior-year period and soaring over analysts’ estimates of $1.99 per share.
Beauty
Anya Hindmarch shopping complex opens in London

Anya Hindmarch shopping complex opens in London

​Many brands are opening new stores at present following the UK’s lockdown easing, but Anya Hindmarch is going to extremes with five new spaces. The new concept, called The Village, opened this week.
Luxury
Cult Beauty, Feelunique could be on the ASOS shopping list - report

Cult Beauty, Feelunique could be on the ASOS shopping list - report

​Fashion e-tail giant ASOS is reportedly considering diving even deeper into beauty via possible bids for major beauty platform Cult Beauty or Feelunique, according to a report.
Fashion
M&S revamps leadership team as next step of strategy

M&S revamps leadership team as next step of strategy

​M&S has unveiled a major realignment of its senior leadership team with CEO Steve Rowe making the changes after saying the firm has finished the ‘Fixing the Basics’ part of its strategy and is ready for the next step.
Fashion
Beauty and fashion are top-performing categories on TikTok

Beauty and fashion are top-performing categories on TikTok

Small businesses in the beauty and fashion sectors are outperforming on TikTok, new research shows, with consumers responding to a wide variety of content.
Fashion
Body Shop, Avon and Aesop all perform for Natura in Q1

Body Shop, Avon and Aesop all perform for Natura in Q1

​Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.
Beauty
John Lewis opens revamped Edinburgh store

John Lewis opens revamped Edinburgh store

​John Lewis unveils its revamped Edinburgh store on Friday after a major refurbishment. The focus is on making the store a must-visit destination, with experiences and expertise that can’t be replicated online.
Fashion
UK's THG to raise $1 billion, acquires Bentley Laboratories

UK's THG to raise $1 billion, acquires Bentley Laboratories

THG Plc is raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group, and the remainder from other investors, the UK-based consumer brands company said on Monday.
Beauty
Sassoon Academy on verge of administration filing - report

Sassoon Academy on verge of administration filing - report

​One of the UK's best known and historic hairdressing names could be about to appoint administrators as the hair and beauty salon sector tries to recover from a year in which enforced closures have been devastating.
Beauty
Oslo's Steen & Strøm opens new luxury beauty hall

Oslo's Steen & Strøm opens new luxury beauty hall

​Norwegian department store Steen & Strøm has opened a 900 sq m luxury Beauty Hall as part of its NOK300 million (£25.7 million) wider store upgrade.
Beauty
Body Shop owner Natura is latest to link financing to ethics

Body Shop owner Natura is latest to link financing to ethics

Brazil’s Natura, the owner of The Body Shop, Aesop, and Avon brands, has become the latest company to raise funds that are conditional on the business reaching certain ethical/eco goals.
Beauty
Sally Beauty posts 6% sales rise in Q2

Sally Beauty posts 6% sales rise in Q2

The professional beauty supplies seller announced second-quarter sales of $926.3 million on Thursday, an increase of 6.3% from $871.0 million in the prior-year period, despite ongoing disruptions related to Covid-19.
Beauty
Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods opens second H Beauty store with super-sized Milton Keynes debut

Harrods has unveiled the 29,000 sq ft store at Centre:mk with a massive mix of premium and luxury brands and experiences that it says "bring the magic of Harrods Beauty to Milton Keynes".
Fashion