×

Miscellaneous

The latest news

Brand Architekts names new part-time CFO

Brand Architekts names new part-time CFO

Challenger British beauty business Brand Architekts Group has appointed Geoff Ellis  Chief Financial Officer, effective 3 July, albeit on a part-time basis.
Beauty
Revolution Beauty results finally released, losses widen

Revolution Beauty results finally released, losses widen

​Revolution Beauty has finally reported its much-delayed results for the year to February 2022 and operating losses surged to £38.8 million, wider by almost £30 million, although revenue jumped 35% £184.6 million.
Beauty
Chanel opens Battersea beauty and eyewear boutique

Chanel opens Battersea beauty and eyewear boutique

​Chanel is the latest big name to endorse the multi-billion pound mall development at Battersea Power Station and has just opened a new beauty and eyewear store there.
Fashion
New data shows end of UK VAT-free shopping again boosts Europe

New data shows end of UK VAT-free shopping again boosts Europe

​The UK government has been asking for evidence that the end of the VAT-three shopping perk for tourists is hurting British retail and payment software specialist Planet came up with some of that again on Friday.
Fashion
Valentino opens new Paris home on Avenue Montaigne

Valentino opens new Paris home on Avenue Montaigne

Valentino has unveiled its new store in Paris, having “reinvented itself” on Avenue Montaigne. The change of address gives it more space for its offer of both women’s and men’s RTW and accessories over three floors.
Luxury
ASOS reveals new £75 million financing success, Bestseller owner participates

ASOS reveals new £75 million financing success, Bestseller owner participates

​ASOS has announced it has raised £75 million in cash from shareholders as the struggling online retail giant seeks to strengthen its finances.
Fashion
M&S to press ahead with self-service till rollout

M&S to press ahead with self-service till rollout

M&S is on a mission to cut costs by more than £400 million over the next five years, and among a raft of store initiatives is a plan to roll out hundreds more self-service tills.
Fashion
Revolution Beauty appoints new chairman as co-founder finally departs

Revolution Beauty appoints new chairman as co-founder finally departs

Another boardroom change for the troubled Revolution Beauty Group. But at least this one was expected with the multi-channel mass beauty retailer appointing Derek Zissman its new Non-Executive Chairman.
Beauty
Happy Armani buoyant in 2022, says China bounces back in Q1 2023

Happy Armani buoyant in 2022, says China bounces back in Q1 2023

​Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Fashion
Former L'Oréal exec Marc Toulemonde appointed president of Puig's Derma division

Former L'Oréal exec Marc Toulemonde appointed president of Puig's Derma division

Catalan fashion and cosmetics group Puig has just appointed Marc Toulemonde, ex-L'Oréal, as president of its Derma division, which includes the dermocosmetic brands Uriage and Apivita.
Beauty
Record West End retail rentals for landlord GPE but it swings to loss

Record West End retail rentals for landlord GPE but it swings to loss

Central London is the place to be if you’re renting prime commercial and office space. Demand is sky-high and in Wednesday’s year-end results, key landlord GPE referred to its “strong strategic positioning".
Fashion
UK inflation eases further but clothing prices still rising

UK inflation eases further but clothing prices still rising

​UK inflation — including clothing prices — slowed again in April, although the rate remains high and prices continue to rise, which means consumers are thinking long and hard about discretionary purchases. 
Fashion
M&S sales continue to rise as fashion stays strong

M&S sales continue to rise as fashion stays strong

M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs. 
Fashion
Klarna UK boss Marsh to leave

Klarna UK boss Marsh to leave

Klarna’s UK boss Alex Marsh is stepping down from the buy-now-pay-later (BNPL) financier for personal reasons. A replacement has yet to be announced.
Fashion
r.e.m. beauty gets strategic investment from Sandbridge Capital

r.e.m. beauty gets strategic investment from Sandbridge Capital

​Ariana’s Grande’s r.e.m. beauty brand has announced a strategic investment led by consumer-focused private investment firm Sandbridge Capital that will help it "optimise its global potential".
Beauty
Brazilian antitrust authority approves sale of Aesop to L'Oréal

Brazilian antitrust authority approves sale of Aesop to L'Oréal

The Brazilian antitrust authority has determined that Aesop's exclusive direct-to-consumer online sales model in the country would not impact free competition, thus approving its acquisition by L'Oréal.
Beauty