Perfume
The latest news
Space NK sales boom, make-up boosted by Zoom use, more stores coming
The work from home era may, on the surface, mean that people are likely to buy less make-up because they're not in the office very often. But the opposite is true with Zoom making them keener than ever to wear make-up.
Beauty
Coty entrusts its digital strategy to former Meta executive Pierric Duthoit
American cosmetics group Coty has appointed Pierric Duthoit, formerly of Meta, as its chief digital officer. He will take up this position on December 1.
Beauty
The Interparfums group expects growth of 10% to 12% over 2024, driven by its new Lacoste licence
With sales set to end 2023 at €800 million, the French group specialising in licensed fragrances is forecasting growth of 10% to 12% for 2024.
Beauty
Hermès, Zara, and Sephora surge in the ranking of world's most valuable brands
Topped by Apple, Interbrand's 'Best Global Brands 2023' top 100 list highlights a resurgence in luxury brands, while Zara and Sephora registered the most significant increases in the retail sector.
Beauty
Kohl's trims sales forecast on weaker consumer spending, shares slump
Kohl's lowered the top end of its annual sales forecast and said it would be aggressive with promotions in the crucial holiday season as cost-conscious shoppers spend less at its department stores.
Fashion
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasingly supplementing her activewear with less-pricey brand duplicates she picks up through Amazon.
Fashion
Creed in Covent Garden opening for third UK standalone
London is an important market for Creed — the heritage perfumer that Kering bought earlier this year — with the brand having opened a boutique in Covent Garden, adding to the big luxe beauty offer in the neighbourhood.
Luxury
Burberry upbeat despite tough first half and ongoing luxe slowdown
Burberry’s H1 saw CEO Jonathan Akeroyd saying it made “good progress against our strategic goals”. But sales growth was muted, profit was down and it may not achieve its previous guidance if the backdrop stays weak.
Luxury
Sephora opens second UK store, big queues form ahead of debut
Sephora opened its second UK store this week with queues forming outside Sephora East, its new location at Westfield in Stratford that follows the launch earlier this year at the Westfield London shopping mall.
Beauty
Storms deter Scottish shoppers, stores hope for festive boost
Storms battered Scottish retail last month and combined with the cost-of-living crisis “it was a miserable start to retail’s golden quarter”, the Scottish Retail Consortium (SRC) said Wednesday.
Fashion
Natura sells Body Shop to Aurelius at a loss, new owner to "re-energise" brand
Ethical beauty chain The Body Shop has been sold again after a not-too-successful six years under the ownership of Brazil’s Natura &Co.
Beauty
Revolution Beauty back on track and UK and US sales strengthen
Revolution Beauty is bouncing back from its recent troubles with first-half revenue up 20% and a “strong improvement in EBITDA, up £14.3m, due to higher sales volumes, gross margins and cost reduction initiatives”.
Beauty
Avon to open UK physical stores, expand Superdrug deal
Beauty firm Avon is taking a signifiant step in the UK, opening physical stores for the first time in over a century of operating in the market
Beauty
Alessandro Trotta appointed chief financial officer of Interparfums
Interparfums, the French specialist in licensed fragrances, has appointed Alessandro Trotta (formerly of Byredo) as chief financial officer.
Beauty
Harry Styles' Pleasing brand unveils scents at Selfridges
Harry Styles is further developing his Pleasing beauty brand and has just launched fragrances, the collection also making its debut in The Corner Shop at Selfridges on London’s Oxford Street.
Beauty
Baby Dior returns to perfumery with ‘Bonne Etoile’
In anticipation of the upcoming holiday season, Baby Dior revisits its olfactory heritage by introducing ‘Bonne Etoile,’ a fragrance accompanied by a line of skincare products.
Beauty