The international fragrance group announced net sales of $198.5 million for the first quarter on Tuesday, representing a 37.1% increase from $144.8 million in the same period in the previous year.
It looks like Amazon is adding another new category to its retail offer with the e-tail giant to open a hair salon in London, it said on Tuesday.
With the retail lights back on in England, UK property giant Hammerson said Tuesday initial footfall since the 12 April reopening has been “encouraging” and “competitive with pre-pandemic levels”.
Cosmetics specialist Warpaint London, the listed company that’s no relation to men’s make-up firm War Paint, said Tuesday that Q1 trading has continued the strength it saw in the second half of last year.
Primark was a big problem for its owner Associated British Foods in the first half as the enforced closure of many stores drove down revenues and profits.
Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Hugo Boss has named a new marketing and comms chief with the appointment of Miah Sullivan. She joins on May 1 after having previously worked at Luxottica, Furla and St John Knits.
Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
It may come as no surprise, but online retail orders in the UK have fallen as a result of the reopening of non-essential stores in England and Wales.
Northern Ireland will be allowed to catch up with the rest of the UK when non-essential retail and outdoor hospitality will reopen from 30 April. First Minister Arlene Foster told the NI Assembly it was a "landmark day”.
The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
French specialist in licensed perfumes Interparfums’ future Parisian headquarters will be located at number 10 on the rue de Solférino, which housed the former headquarters of the Socialist Party.
Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
