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Boohoo Group names JD Sports exec as new Debenhams CEO

Boohoo Group names JD Sports exec as new Debenhams CEO

Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S prestige beauty industry revenues surged 30% in 2021, driven by strong sales gains across fragrance and hair product categories, according to a new report from NPD Group. 
Beauty
Penneys to upsize in Hammerson's Dundrum Town Centre mall

Penneys to upsize in Hammerson's Dundrum Town Centre mall

​Penneys, the Irish arm of the giant Primark retail chain, is to spend €14.8 million on moving and enhancing its Dublin flagship destination. The new Dundrum Town Centre store will give "an enhanced shopping experience”.
Fashion
Under-pressure Unilever makes big changes to beauty management structure

Under-pressure Unilever makes big changes to beauty management structure

Unilever is cutting 1,500 jobs and reorganising its structure as it comes under pressure from investors over its sluggish performance. Beauty & Personal Care chief Sunny Jain is also leaving the firm.
Beauty
THG shares even more volatile as they reach a new low

THG shares even more volatile as they reach a new low

​THG shares continued to struggle this week with the business losing almost 20% of its market capitalisation on Monday as the share price headed downwards.
Fashion
Harrods confirms that Bristol's H Beauty will open this spring

Harrods confirms that Bristol's H Beauty will open this spring

​Harrods has confirmed that the Bristol branch of its H Beauty chain will open in the spring. The move follows its debut in Edinburgh last year, at which time it said Bristol would open within the next 12 months.
Fashion
Inter Parfums posts record sales year on stellar fourth quarter

Inter Parfums posts record sales year on stellar fourth quarter

Fragrance maker Inter Parfums Inc. announced on Monday full-year net sales for 2021 catapulted 63% compared to 2020, on the back of double-digit net sales growth in the fourth quarter.  
Beauty
Crossrail's Bond Street delay is blow to retail

Crossrail's Bond Street delay is blow to retail

​The opening of the new Elizabeth Line that’s a key part of the London transport network will happen in the next few months without the opening of the Bond Street Crossrail station, Transport for London has announced.
Fashion
Morrisons' new owners start CEO search

Morrisons' new owners start CEO search

​Morrisons has begun looking for a new chief executive on news that current incumbent David Potts plans to stand down. But the company has plenty of time with Potts not likely to leave for another two years.
Fashion
Sustainability, tech, flexibility are key factors when buying luxury - report

Sustainability, tech, flexibility are key factors when buying luxury - report

​Sustainability is not just a consideration but “a major factor when making a luxurious purchase with 51% seeing it as a sustainable and environmentally-friendly choice”, a Klarna study claims.
Luxury
Springboard 2021 footfall review shows Covid impact, permanent behaviour evolution

Springboard 2021 footfall review shows Covid impact, permanent behaviour evolution

​Footfall to retail destinations has been recovering since the original lockdown in 2020, but 2021 still saw a disastrous fall of 31.1% compared to 2019, tracking specialist Springboard said on Monday.
Fashion
Armani Beauty names Tess Thompson as newest ambassador

Armani Beauty names Tess Thompson as newest ambassador

Armani Beauty announced on Friday the appointment of American actress Tessa Thompson as its newest brand face. 
Beauty
Betterware to acquire Jafra in Mexico, U.S.

Betterware to acquire Jafra in Mexico, U.S.

Mexican household products business Betterware has announced the acquisition of Jafra Cosmetics’ U.S, and Mexican operations from parent company, the Vorwerk Group. 
Beauty
L'Oréal teams up with Alphabet-owned Verily to develop research programmes on “skin health”

L'Oréal teams up with Alphabet-owned Verily to develop research programmes on “skin health”

On Thursday, the global cosmetics giant announced a partnership with Verily, the health division of Alphabet, parent company of Google, to develop research programmes on “skin health.”
Beauty
Savills seeks new occupier for John Lewis Aberdeen store space. Will it switch from retail?

Savills seeks new occupier for John Lewis Aberdeen store space. Will it switch from retail?

A buyer is being sought for the prime retail location in Aberdeen city centre formerly occupied by John Lewis. Real estate advisor Savills has been appointed to fill the 200,000 sq ft, four-storey space.
Fashion
December disaster for UK retail as Omicron and inflation dent sales

December disaster for UK retail as Omicron and inflation dent sales

The UK's ONS has issued its official December retail sales figures and they're fairly bleak. Clothing stores and department stores reported falls of 8% and 6.3%, and were also below levels in February 2020.  
Fashion