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Klarna launches physical payment card in UK

Klarna launches physical payment card in UK

​Personal finance platform Klarna has launched its own payments card in the UK, “empowering consumers with greater control, transparency and choice over how they pay”, the company said Wednesday.
Fashion
Hermès appoints Gregoris Pyrpylis as creative director of beauty products

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Brexit costs UK business as much as Covid - report

Brexit costs UK business as much as Covid - report

​Which has been more costly to British businesses, Covid or Brexit? Both, according to ParcelHero. Its research reveals that the “self-inflicted wound” of Brexit has cost UK businesses as much as the Covid pandemic.
Fashion
TikTok is world's fastest growing brand says Brand Finance report

TikTok is world's fastest growing brand says Brand Finance report

​TikTok is the world’s fastest-growing brand, the new Brand Finance Global 500 2022 report reveals. A new entry to the list, it’s up 215% in a year, leading the global revolution in media consumption.
Fashion
Revolution Beauty looking good on the growth front

Revolution Beauty looking good on the growth front

​With major expansion in the UK and US ahead and an impressive performance across November and December behind it, Wednesday’s trading update for Revolution Beauty Group was a “pleasing" one to deliver.
Beauty
Vilebrequin links with IMG for collabs, will expand into new categories

Vilebrequin links with IMG for collabs, will expand into new categories

​Luxe French swimwear label Vilebrequin has appointed IMG to “extend its brand globally through product and brand licensing partnerships, in a multi-year global deal”.
Fashion
Boohoo Group names JD Sports exec as new Debenhams CEO

Boohoo Group names JD Sports exec as new Debenhams CEO

Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S. prestige beauty sales surge 30% on fragrance, hair products in 2021: NPD

U.S prestige beauty industry revenues surged 30% in 2021, driven by strong sales gains across fragrance and hair product categories, according to a new report from NPD Group. 
Beauty
Penneys to upsize in Hammerson's Dundrum Town Centre mall

Penneys to upsize in Hammerson's Dundrum Town Centre mall

​Penneys, the Irish arm of the giant Primark retail chain, is to spend €14.8 million on moving and enhancing its Dublin flagship destination. The new Dundrum Town Centre store will give "an enhanced shopping experience”.
Fashion
Under-pressure Unilever makes big changes to beauty management structure

Under-pressure Unilever makes big changes to beauty management structure

Unilever is cutting 1,500 jobs and reorganising its structure as it comes under pressure from investors over its sluggish performance. Beauty & Personal Care chief Sunny Jain is also leaving the firm.
Beauty
THG shares even more volatile as they reach a new low

THG shares even more volatile as they reach a new low

​THG shares continued to struggle this week with the business losing almost 20% of its market capitalisation on Monday as the share price headed downwards.
Fashion
Harrods confirms that Bristol's H Beauty will open this spring

Harrods confirms that Bristol's H Beauty will open this spring

​Harrods has confirmed that the Bristol branch of its H Beauty chain will open in the spring. The move follows its debut in Edinburgh last year, at which time it said Bristol would open within the next 12 months.
Fashion
Inter Parfums posts record sales year on stellar fourth quarter

Inter Parfums posts record sales year on stellar fourth quarter

Fragrance maker Inter Parfums Inc. announced on Monday full-year net sales for 2021 catapulted 63% compared to 2020, on the back of double-digit net sales growth in the fourth quarter.  
Beauty
Crossrail's Bond Street delay is blow to retail

Crossrail's Bond Street delay is blow to retail

​The opening of the new Elizabeth Line that’s a key part of the London transport network will happen in the next few months without the opening of the Bond Street Crossrail station, Transport for London has announced.
Fashion
Morrisons' new owners start CEO search

Morrisons' new owners start CEO search

​Morrisons has begun looking for a new chief executive on news that current incumbent David Potts plans to stand down. But the company has plenty of time with Potts not likely to leave for another two years.
Fashion
Sustainability, tech, flexibility are key factors when buying luxury - report

Sustainability, tech, flexibility are key factors when buying luxury - report

​Sustainability is not just a consideration but “a major factor when making a luxurious purchase with 51% seeing it as a sustainable and environmentally-friendly choice”, a Klarna study claims.
Luxury