Saks has unveiled a new 32,000-square-foot beauty space occupying the second floor of the retailer's NY flagship. The floor offers consumer experiences and 40% more space for 120 brands, nearly half of which are new.
In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.
According to a new report, the global organic personal care market will see a CAGR of 9.5% over the next seven years, building on a firmly established market in the US and growing demand in developing economies.
M&S has added experienced non-exec directors to its board as it prepares to deliver its latest results, with more store closures expected and potential demotion from the FTSE100 if its share price falls further.
Target is the latest retailer to partner with YouCam to launch an augmented reality Beauty Studio experience where customers can try on 88 products from 10 brands including Cover Girl, L'Oréal Paris, and Revlon.
CVAs are ‘the new black’ in the UK this year but it seems that while House of Fraser is-on trend in this respect, it might struggle to get its CVA through as landlords prove uniquely resistant to its plans.