Prestige beauty was battered badly by the pandemic but the segment is on the comeback trail as shoppers return to physical stores and the renewal of social life/office working means more demand for key categories.
H1 results at Burberry showed it making “strong progress”, with full-price sales surging and higher margins. Outerwear and leather did well and it's expanding its new store concept rollout as it boosts customer spend.
Technology and beauty continue to be essential allies with the latest collab particularly notable. Perfect Corp has linked up with Boots brand No7 to launch a "virtual try-on foundation-matching diagnostics solution".