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Beauty

The latest news

The Hut Group launches multi-million pound coronavirus aid package

The Hut Group launches multi-million pound coronavirus aid package

Beauty e-tail giant The Hut Group has set up a £10 million package due to the coronavirus crisis to support vulnerable communities as well as key workers and emergency services in the UK and abroad.
Beauty
Intu talks tough with bigger brands on rents

Intu talks tough with bigger brands on rents

Intu is refusing to let some larger "well-capitalised" tenants avoid paying store rents and service charges during the Covid-19 crisis, saying that it doesn't have the "financial capacity to bankroll" global brands.
Fashion
E.L.F. reaffirms fiscal year 2020 guidance, resumes China operations

E.L.F. reaffirms fiscal year 2020 guidance, resumes China operations

The Californian company has reaffirmed its 2020 guidance, despite seeing a "significant decline" in recent retail sales due to the Covid-19 pandemic, and has announced that its China operations are back to normal.
Beauty
L'Oréal completes acquisition of Mugler, Azzaro perfumes

L'Oréal completes acquisition of Mugler, Azzaro perfumes

The sale by the Clarins group to the L’Oréal group of Mugler and of Azzaro perfumes, for an as yet undisclosed amount, was first heralded last October and has now been finalised.
Beauty
Debenhams mulling even more store closures - report

Debenhams mulling even more store closures - report

There’s speculation that Debenhams could be thinking of adding more stores to its list of closures and possibly entering another company voluntary arrangement.
Fashion
Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Global online shopping order volumes have risen 88% this year with cosmetics a key category, but clothing has stayed flat while sports goods orders have dropped sharply.
Beauty
The Perfume Shop is latest to shut online ops

The Perfume Shop is latest to shut online ops

AS Watson-owned UK fragrance retailer The Perfume Shop has become the latest major name to shut its online operations on the back of the coronavirus crisis.
Beauty
MySale says more product available due to store closures, March sales improve

MySale says more product available due to store closures, March sales improve

Half-year results for MySale Group on Wednesday looked weak. But the firm also said it’s been boosted by current market volatility with more product available to it and more brands wanting to sell via its marketplace.
Fashion
L'Oréal expects 5% decline in first-quarter sales due to impact of Covid-19

L'Oréal expects 5% decline in first-quarter sales due to impact of Covid-19

L'Oréal announced on Monday that it predicts a year-over-year decrease of around 5% in its first-quarter sales due to the ongoing Covid-19 pandemic. The company also withdrew its annual financial guidance. 
Beauty
Covid-19 drives prestige hand soap sales higher in UK

Covid-19 drives prestige hand soap sales higher in UK

UK consumers have been buying upscale soaps in accelerating numbers as the message about hand-washing hits home. Could it be a tipping point that means permanent higher sales for this category.
Beauty
Ulta to pay distribution staff premium for work during coronavirus crisis

Ulta to pay distribution staff premium for work during coronavirus crisis

The American cosmetics retailer announced on Monday that it will be paying workers in its distribution centers a $2-per-hour wage premium to thank them for their continued work during the ongoing Covid-19 pandemic.
Beauty
Boots to roll out perspex screens across 2,500 stores

Boots to roll out perspex screens across 2,500 stores

​Boots has introduced further measures to protect the health of pharmacists, staff and customers in store, including the distribution of 2,500 perspex screens and 20,000 protective visors. 
Beauty
Hammerson rents fall short across Europe, reassures on liquidity

Hammerson rents fall short across Europe, reassures on liquidity

Malls giant Hammerson said Monday it has received “a variety of requests for rent deferrals, which we are reviewing on a case-by-case basis” across its properties in the UK, Ireland France and other European countries.
Fashion
L Brands extends store closures, halts quarterly dividend

L Brands extends store closures, halts quarterly dividend

L Brands announced on Friday that it is extending temporary store closures at its store banners and taking steps to secure its finances, as a future with Covid-19 remains uncertain. 
Fashion
UK fashion sales plunged online last week but health & beauty was strong

UK fashion sales plunged online last week but health & beauty was strong

The first week of home isolation and closing stores in the UK saw mixed results for e-tail, which slowed by 2.2% year-on-year, even though week-on-week sales accelerated due to stockpiling. But fashion saw a huge plunge.
Fashion
Unilever to launch global handwashing campaign with UK government

Unilever to launch global handwashing campaign with UK government

Running across multiple channels, the campaign will aim to change people’s behaviour in countries across Africa and Asia to raise awareness of the need for proper hand hygiene to stop the spread of Covid-19.
Beauty