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.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.
U.S. cosmetics maker Avon Products Inc, under pressure from activist investor Barington Capital, said CEO Sheri McCoy will step down next year, sending the company's shares sliding 9 percent in premarket trading.