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.
Rising sales but falling profits were a feature of Space NK's latest financial year. But analysts were impressed with its overall performance as it made the most of opportunities both in stores and online.
Sarah Miles is set to leave her post at Amazon Fashion to become the new chief executive officer of UK-based beauty retailer Feelunique. She will replace former CEO Joël Palix, who stepped down in February.
Aaron Chatterley, who co-founded and led Feelunique until 2014, has confirmed he is rejoining the team. But he is not returning as CEO, even though the company has been without a leader since Joel Palix's departure.