LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
Concerns have emerged that Morrisons may face heavy costs after it's been taken over by private equity. The lead bidder will conduct a review of the property portfolio, raising the spectre of sale/leaseback deals.
UK consumer confidence finally edged ahead of its March 2020 pre-lockdown score in July, with shoppers in a spending frame of mind. It was still negative (at -7), but it's held firm or improved for six months in a row.
In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
High-end online fashion and beauty retailer Immaculate Vegan has secured £400,000 in funding on the back of impressive revenue gains. The new capital will help it drive future growth in its key target markets.
In a major boost to UK physical retail that has been devastated by widespread closures during the pandemic, we could expect 17,000 local high street stores to open in the next 12 months, according to new research.
New owner. Big plans. Acquisition-hungry The Ardent Companies has completed the takeover of Touchwood shopping centre in Solihull, West Midlands, from Lendlease Retail Partnership, for an undisclosed sum.
Unilever's first-half results should give a sign of how it is coping with rising commodity and transport costs - whether it has managed to lift prices without hitting sales volumes, or whether margins are being squeezed.
Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.
Personal care and beauty products producer Creightons certainly performed well over a tough fiscal year. And for that it had to thank, in part, rising demand for its hygiene products in a period dominated by Covid 19.
Big operational changes at MySale have borne fruit. The online fashion and lifestyle retailer's shift to an Australia/New Zealand focus while scaling the business to a new marketplace seller platform has worked well.