Hudson's Bay Co has made a takeover approach for retail chain Macy's Inc, according to people familiar with the matter, in a deal that would push the Canadian department store operator deeper into the U.S. market.
Overseas interest in UK brands was up 23% in the last quarter of 2016 with apparel and beauty retailers leading the growth, according to the BRC- Google Online Retail Monitor.
Sales growth and gross margin were below expectations due to retail headwinds. The company Board of Directors approved a new restructuring plan and cost reduction initiatives to lower costs and better serve customers.
Amazon.com Inc forecast a greater-than-expected dip in operating income for the current quarter, a sign of its dedication to building expensive new warehouses and creating video content.
The Asia/Pacific region led the company's sales boost, and the Tom Ford, La Mer, Smashbox and Jo Malone brands lifted sales in North America.
Dove has launched a tongue-in-cheek campaign, playing on Republican Counselor Kellyanne Conway's creative phrase for falsehoods.
In 2016 the French prestige fragrance and cosmetics market suffered its worst slump in ten years, dragged down by the less than promising economic situation and the decline in tourism.
The UK and US may be two of the world’s most developed e-tail markets but consumers there still prefer to shop in-store. Yet they also appreciate omnichannel and see fashion as a key category for multichannel shopping.
The beauty guru will front BareMinerals new foundation line.
P&G has decided to stop paying for any digital ads, tech or agency services that don’t meet its standards as it claims the “media supply chain” has become non-transparent and fraudulent.
UK supermarket delivery specialist Ocado has seen its profits and shares climbing as it saw a strong response to its beauty products debut, the Fabled by Marie Claire brand, last summer.
The Parisian fashion label launched into travel goods with Eastpak and is keenly interested in activewear, while market-wise its main growth drivers remain China and the USA.
Inter Parfums preliminary fourth quarter and full year sales results exceeded expectations, on the back of a "star performer" fragrance, and positive sales across new brands in all geographic markets.
On Friday, the French office of national statistics INSEE reported that consumer confidence in France has improved slightly in January, returning to its 2007 long-term average level.
The beauty brand has unveiled a new fragrance called "White Tea," capturing a moment of serenity and pure wellbeing. Available in several formats, the scent is due on sale from late January or early February 2017.