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Beauty

The latest news

​Gee joins Grosvenor Group, set to become chair of its Britain & Ireland board

​Gee joins Grosvenor Group, set to become chair of its Britain & Ireland board

Grosvenor Group has appointed Melanie Gee, initially as a non-executive director, with a view to her becoming chair of the Grosvenor Britain & Ireland (GBI) board. She is set to succeed Jonathon Bond from September.
Fashion
Klarna raises new finance, value approaches $46bn

Klarna raises new finance, value approaches $46bn

​Buy-now-pay-later (BNPL) giant Klarna has raised new capital in a deal that not only values it at a massive $45.6bn but gives it a valuation as much as $14bn higher than its last fundraising round as recently as March.
Fashion
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
Selfridges owners reportedly mull sale with £4bn price tag

Selfridges owners reportedly mull sale with £4bn price tag

​Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.
Luxury
Nikki Wolff joins KVD Beauty as global director of artistry

Nikki Wolff joins KVD Beauty as global director of artistry

Tattoo-inspired vegan beauty brand, KVD Beauty, founded as Kat Von D Beauty, announced on Thursday British makeup artist Nikki Wolff, as its new global director of artistry. 
Beauty
RangeMe sourcing platform launches in UK

RangeMe sourcing platform launches in UK

​Sourcing platform RangeMe has launched in the UK. It offers retailers instant access to over 200,000 suppliers and more than 750,000 products from around the world, with beauty being one of its big categories.
Beauty
Large number of Oxford Street units are empty - report

Large number of Oxford Street units are empty - report

Some 17% of Oxford Street’s properties are currently standing empty, it was claimed on Thursday, with the reason being about the rise of online shopping as well as the pandemic.
Fashion
Lockdown end means UK online sales drop, but fashion is still on a high

Lockdown end means UK online sales drop, but fashion is still on a high

​Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
Fashion
Former Sports Direct exec Forsey is MD of Revolution Beauty

Former Sports Direct exec Forsey is MD of Revolution Beauty

​Former Sports Direct boss Dave Forsey, 55, has become managing director of fast-growing Revolution Beauty, five years after he left the sports retailer that he’d joined at the age of 18.
Beauty
Inditex recovery under way in Q1, latest quarter starts strongly

Inditex recovery under way in Q1, latest quarter starts strongly

​Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
Fashion
BRC urges government to extend credit insurance scheme

BRC urges government to extend credit insurance scheme

The British Retail Consortium is lobbying the government to extend the scheme that guarantees trade credit insurance. There are fears retailers could be left coverless when the scheme ends on 30 June.
Fashion
Klarna launches new interest-free shopping feature

Klarna launches new interest-free shopping feature

This is a game-changing shopping feature, according to Klarna. The finance provider has launched a shopping app that allows users to pay in three instalments in any online shop, interest-free.
Fashion
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
Tesco and Carrefour to end cooperation deal

Tesco and Carrefour to end cooperation deal

​UK retail giant Tesco and French giant Carrefour are ending their purchasing partnership when the deal expires later in 2021.
Fashion
Fashion was key spending category in May for UK consumers

Fashion was key spending category in May for UK consumers

Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.
Fashion
Happy Days! Weekly UK high street footfall jumps on sunny weather

Happy Days! Weekly UK high street footfall jumps on sunny weather

UK high streets basked in the warmth of consumer popularity last week, latest figures from Springboard show. Indeed good weather, a bank holiday and school breaks saw footfall across all retail destinations rise 11.6%.
Fashion