The Hut Group has gone acquisition crazy with the latest target of its buying spree being skincare and spa brand Espa, according to reports. The company is believed to be acquiring the brand for aorund £100m.
Asos has seriously disrupted UK fashion retail in recent years and now it’s hoping to do the same with beauty. The British fashion e-tailer is set to launch its very first own-brand beauty collection, Asos Make-Up.
If UK fashion, beauty and interiors stores are worried about competition from the discount sector now, they have a lot more to worry about in the next few years with a new report saying the sector will surge by 2022.