Booming demand for L’Oreal’s luxury cosmetics brands like Lancome, particularly in China, helped boost the company’s first-quarter sales, offsetting a more wobbly performance in the group’s mass market division.
Expect another year of rapid growth at LVMH, insisted Bernard Arnault, chairman of LVMH, at the group's AGM. Though he called reports that LVMH executives had held talks with the owners of Chanel “fake news.”
The last of John Lewis's planned new store openings will take place on October 18, the retailer said on Thursday, adding that the new location in Cheltenham will be run by long-serving manager Martin Bundy.
Selfridges Group isn't only spending heavily to upgrade its London and Birmingham flagships and it will also invest €11m in Dublin department store Arnotts as it refurbishes the building and upgrades its tech.
Asos is going from strength to strength with sales and profits both rising strongly. And product initiatives are paying off, while a new relationship with Estée Lauder should boost it in the beauty arena.
Clothing down. Footwear down. Health and beauty down. That was the picture of UK retail last month as ongoing bad weather meant interest in sarongs, sandals, sun cream and spring/summer fashion generally was at a low.