Theyskens was named creative director of the Parisian luxury house in February, and started working during France’s lockdown period. On Monday, he presented a collection highlighting Azzaro’s atelier work and heritage.
River Island has become the latest fashion retailer to move into the beauty sector with news that it has signed a seven-year deal to launch cosmetics, fragrances and toiletries for women, men and kids.
There’s speculation that fast-expanding beauty giant The Hut Group (THG) is mulling a stock market flotation. A report at the weekend said that it has been lining up meetings with some big-name investors.
The New York-based cosmetics company announced on Wednesday that Jane Hertzmak Hudis, John Demsey and Stéphane de La Faverie have all gained new responsibilities as part of an organizational restructure.
Swiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally.
The Hut Group, the beauty giant that’s big and getting bigger at speed, said on Monday that its THG Ingenuity operation has signed £100 million worth of partnerships with global beauty brands and brand owners.
Moncler said on Thursday it had signed an agreement with France's Interparfums to start selling perfumes, as it seeks to diversify its brand and lessen the impact of the coronvirus crisis on the luxury goods sector.
Criticism is brewing in the UK media over big foreign firms, including Chanel, accessing state-backed UK loans. But the company said it would be repaid within a year and also that it hasn't used the furlough scheme.