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Henkel sees first-quarter organic sales up 7%, above market view

Henkel sees first-quarter organic sales up 7%, above market view

Henkel, the German chemicals and consumer goods group, said on Wednesday it expected first-quarter sales to significantly exceed market expectations with organic growth of around 7%.
Beauty
Leslie Wexner to step down from L Brands board

Leslie Wexner to step down from L Brands board

The Columbus, Ohio-based owner of Victoria’s Secret announced on Thursday that founder, former CEO and chairman emeritus Leslie Wexner will not be standing for re-election to its board in May.
Fashion
John Lewis to cut prices on reopening

John Lewis to cut prices on reopening

In a tough week announcing more store closures and poor trading figures, John Lewis Partnership was at least able to deliver some positive news for consumers.
Fashion
Covent Garden landlord Capco upbeat on 2021 prospects

Covent Garden landlord Capco upbeat on 2021 prospects

There are 34 days (and counting) to go until non-essential retail reopens in England and optimism mounts. And London's Covent Garden surely isn't alone in its enthusiasm to return to business.
Fashion
Pandemic hits Brand Architekts' sales, dents growth plans

Pandemic hits Brand Architekts' sales, dents growth plans

Brand Architekts is on a transformational journey to grow into a £50m revenue business within the next five years. So how’s its 'Project 50' progressing?
Beauty
Body Shop, Avon and Aesop all outperform for Natura in Q4

Body Shop, Avon and Aesop all outperform for Natura in Q4

​The Body Shop, Avon and Aesop owner Natura & Co reported a sales surge and net profits up 200% in Q4, with the Brazilian giant saying it's continuing to outperform the wider market. 
Beauty
L'Oreal responds to push for natural ingredients in make-up

L'Oreal responds to push for natural ingredients in make-up

L'Oreal aims to derive nearly all its ingredients from renewable plant sources and abundant minerals by 2030 as demand for organic and environmentally-friendly cosmetics grows. 
Beauty
Selfridges sales were rising but pandemic meant huge challenges for retailer

Selfridges sales were rising but pandemic meant huge challenges for retailer

​Selfridges had already flagged the fact that its sales rose and its net profits fell in the year to February 2020, but it has now officially filed its annual results and the full extent of that performance can be seen.
Luxury
Boots' shift to digital sees 300 HQ jobs culled

Boots' shift to digital sees 300 HQ jobs culled

Citing “changing consumer behaviours” due to the coronavirus pandemic, Boots on Friday announced major job cuts at its head office operations.
Beauty
Liverpool One boosts beauty offer with ​Thérapie Clinic signing

Liverpool One boosts beauty offer with ​Thérapie Clinic signing

Thérapie Clinic is to expand the Liverpool One retail destination’s beauty offer with its first centre in the North West of England.
Beauty
Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge

Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge

A judge has said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called "a banking error of perhaps unprecedented nature and magnitude."
Beauty
Skinnydip dives into AI-powered merchandising and A/B testing to boost online sales

Skinnydip dives into AI-powered merchandising and A/B testing to boost online sales

It took the pandemic to shift all sales operations online. So clothing, lifestyle and accessories retailer Skinnydip London introduced automated merchandising and A/B testing technology to boost its digital operations.
Fashion
QVC and HSN shine spotlight on women and minority-owned brands with latest round of Big Find initiative

QVC and HSN shine spotlight on women and minority-owned brands with latest round of Big Find initiative

The second year of the shopping networks’ The Big Find international product search will see the launch of 90 emerging brands on the channels, more than two thirds of which are women or minority-owned businesses.
Fashion
Harrods delayed second H Beauty store due to open this spring

Harrods delayed second H Beauty store due to open this spring

Milton Keynes can breath a sigh of relief. Any doubts that Harrods may pull out of plans to open a beauty store in the Buckinghamshire town, or further delay its arrival due to the Covid pandemic, are unfounded.
Beauty
Sephora announces participants for incubator program focused on BIPOC beauty founders

Sephora announces participants for incubator program focused on BIPOC beauty founders

Now in its sixth year, the program's focus on founders of color comes as part of Sephora's increasing number of commitments to increasing BIPOC representation in prestige beauty and on Sephora shelves.
Beauty
Unilever focus is dynamic categories for future growth, targets US, India, China

Unilever focus is dynamic categories for future growth, targets US, India, China

Unilever said on Thursday that its focus for the future is developing its portfolio “into high growth spaces”, a goal that will drive decision-making around acquisitions and disposals. 
Beauty