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UK luxury is £81bn industry says new report

UK luxury is £81bn industry says new report

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 
Fashion
Mother's Day gifting focus shifted this year, fashion benefited

Mother's Day gifting focus shifted this year, fashion benefited

​A new study offered up some good news for the fashion and beauty sector as it has shown online Mother’s Day gifting this year moved away from “typical gifts and trinkets towards presents such as fashion and beauty”.
Fashion
Next Beauty chief Amanda Scott exits

Next Beauty chief Amanda Scott exits

Next Beauty is looking for a new chief executive with Amanda Scott leaving the business after five years, according to a report. No reason has been given for her departure.
Beauty
Ulta Beauty's annual profit forecast misses estimates as costs climb

Ulta Beauty's annual profit forecast misses estimates as costs climb

Ulta Beauty on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down 4.5% in extended trading.
Beauty
John Lewis back in profit, fashion sales rise

John Lewis back in profit, fashion sales rise

​John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
Procter & Gamble head of skin and personal care retires

Procter & Gamble head of skin and personal care retires

Procter & Gamble head of skin and personal care Markus Strobel has retired from his role at the U.S. consumer goods giant, effective August 1.
Beauty
Newcastle's Eldon Square set for major development, new mega store for Next and Sephora debut

Newcastle's Eldon Square set for major development, new mega store for Next and Sephora debut

Newcastle’s Eldon Square mall owners and the city council have signed an enhanced co-operation agreement alongside  “game-changing” planning submissions expected to deliver of a series of major new leasing deals.
Fashion
Celine unveils the contours of its first make-up line

Celine unveils the contours of its first make-up line

Following the launch of its haute parfumerie collection in 2019, luxury house Celine will be delving into the world of make-up from next autumn.
Beauty
Interactive experiences a must for in-store beauty buys - survey

Interactive experiences a must for in-store beauty buys - survey

Just how important is it for consumers to have in-store support to get a beauty purchase right? New research says it’s key for just about everyone, but are brands/retailers providing the right back-up to get them there?
Beauty
Shiseido names Alberto Noé president and CEO of EMEA region

Shiseido names Alberto Noé president and CEO of EMEA region

On March 1, Alberto Noé assumed the role of president and CEO of the Europe, Middle East and Africa (EMEA) region for Japanese cosmetics group Shiseido, succeeding Franck Marilly.
Beauty
New John Lewis strategy will "laser-focus" on retail says CEO, profits return expected

New John Lewis strategy will "laser-focus" on retail says CEO, profits return expected

​John Lewis Partnership is predicted to announce a return to profit later this week, while it has also emerged that its CEO has said the firm will in future be “laser-focused” on retail.
Fashion
HMV rescuer mulls Body Shop bid, beauty chain shuts American ops

HMV rescuer mulls Body Shop bid, beauty chain shuts American ops

​One of the UK high street’s most prominent rescuers is reportedly mulling a bid for The Body Shop, while the company has shut its US stores and is liquidating some Canadian outlets. 
Beauty
Clinical Skin acquires Glytone

Clinical Skin acquires Glytone

U.S. skincare brand Clinical Skin announced on Monday the acquisition of skincare brand Glytone from French pharmaceutical and cosmetics company, Pierre Fabre Laboratories. 
Beauty
Hugues Laurençon of The Body Shop France joins Kiko Milano

Hugues Laurençon of The Body Shop France joins Kiko Milano

Hugues Laurençon, general manager of The Body Shop France and Benelux, is to join Italian beauty chain Kiko Milano in May as general manager for France, Belgium and Holland.
Beauty
More questions over Body Shop as profitable stores shut, money reportedly 'missing'

More questions over Body Shop as profitable stores shut, money reportedly 'missing'

The Body Shop is back in the news with administrators reportedly looking into claims of money being taken out of the firm before its administration filing, plus talk that stores set for closure were profitable.
Beauty
Boots appoints ex-Asda strategy chief to head transformation plan

Boots appoints ex-Asda strategy chief to head transformation plan

​With cost-cutting and restructuring now major priorities, UK health & beauty giant Boots has named former Asda chief strategist Preyash Thakrar as its own director of strategy and transformation, effective immediately.
Beauty