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Beauty

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Lindex owner Stockmann to file for corporate restructuring

Lindex owner Stockmann to file for corporate restructuring

Stockmann's parent company is filing for corporate restructuring as cash flows are dented by the coronavirus. But its department stores and its Lindex chain won't be affected, the company said on Monday.
Fashion
Debenhams confirms administration plan to protect it during lockdown

Debenhams confirms administration plan to protect it during lockdown

Debenhams has confirmed its plan for a second administration filing in a year with the company saying on Monday that it has filed a notice of intent to appoint an administrator.
Fashion
Retailer alert: UK consumer confidence dives as lockdown goes on says GfK

Retailer alert: UK consumer confidence dives as lockdown goes on says GfK

GfK only issued its regular monthly consumer confidence report last week, but on Monday it added that confidence has dived with a new reading of -34 by the end of last month. In March 2019, it was -13.
Fashion
New administration filing: is Debenhams about to act?

New administration filing: is Debenhams about to act?

Debenhams is believed to be preparing a second administration filing and has missed a pension top-up payment as the coronavirus pandemic continues to devastate the UK retail sector. 
Fashion
Paul & Joe Beauté to launch a playfully daring line of makeup for the summer

Paul & Joe Beauté to launch a playfully daring line of makeup for the summer

Paul & Joe Beauté, which is looking forward to the summer season with great expectations, has presented a daring collection designed to resist searing temperatures.
Beauty
Boots sales fell again in Q2 but it gained premium beauty share

Boots sales fell again in Q2 but it gained premium beauty share

Boots held back its parent company in the latest quarter as UK retail sales fell. But the firm is upbeat as it works to transform its fortunes with a bigger premium beauty offer.
Beauty
Fenwick's leadership team is out, founding family calls in ex-Selfridges exec as MD

Fenwick's leadership team is out, founding family calls in ex-Selfridges exec as MD

Fenwick has been struggling for some time and with its shops now closed and it's still-young online operation also not functioning, the family that owns the retailer has ousted its chairman and managing director.
Luxury
Chanel to host live Angèle performance on Instagram

Chanel to host live Angèle performance on Instagram

The latest brand to reach out to its social media community during the global pandemic is Chanel, which will stage a live performance by Belgian singer Angèle this Friday.
Fashion
Amazon wins trade mark dispute with Coty

Amazon wins trade mark dispute with Coty

Amazon is not liable for unknowingly stocking goods for third-party sellers that infringe trademarks, handing online retailers a victory in their battle against luxury goods companies.
Luxury
Givaudan to make hand sanitiser in virus fight

Givaudan to make hand sanitiser in virus fight

Swiss fragrance producer Givaudan said Thursday it would produce 60 tonnes of hand sanitiser over the next two weeks to meet chronic shortages of the product needed to tackle the coronavirus pandemic.
Beauty
The Hut Group launches multi-million pound coronavirus aid package

The Hut Group launches multi-million pound coronavirus aid package

Beauty e-tail giant The Hut Group has set up a £10 million package due to the coronavirus crisis to support vulnerable communities as well as key workers and emergency services in the UK and abroad.
Beauty
Intu talks tough with bigger brands on rents

Intu talks tough with bigger brands on rents

Intu is refusing to let some larger "well-capitalised" tenants avoid paying store rents and service charges during the Covid-19 crisis, saying that it doesn't have the "financial capacity to bankroll" global brands.
Fashion
E.L.F. reaffirms fiscal year 2020 guidance, resumes China operations

E.L.F. reaffirms fiscal year 2020 guidance, resumes China operations

The Californian company has reaffirmed its 2020 guidance, despite seeing a "significant decline" in recent retail sales due to the Covid-19 pandemic, and has announced that its China operations are back to normal.
Beauty
L'Oréal completes acquisition of Mugler, Azzaro perfumes

L'Oréal completes acquisition of Mugler, Azzaro perfumes

The sale by the Clarins group to the L’Oréal group of Mugler and of Azzaro perfumes, for an as yet undisclosed amount, was first heralded last October and has now been finalised.
Beauty
Debenhams mulling even more store closures - report

Debenhams mulling even more store closures - report

There’s speculation that Debenhams could be thinking of adding more stores to its list of closures and possibly entering another company voluntary arrangement.
Fashion
Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Global online shopping order volumes have risen 88% this year with cosmetics a key category, but clothing has stayed flat while sports goods orders have dropped sharply.
Beauty