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Hugo Boss gets major loan linked to sustainability targets

Hugo Boss gets major loan linked to sustainability targets

​Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Luxury
​Gucci's Alessandro Michele to get Trailblazer title at Fashion Awards

​Gucci's Alessandro Michele to get Trailblazer title at Fashion Awards

​Alessandro Michele is set to receive the Trailblazer Award at the TikTok sponsored Fashion Awards 2021 on 29  November at London’s Royal Albert Hall. The Gucci creative director becomes the award's third recipient.
Luxury
Revolution Beauty growth continues, sees expansion opportunities globally

Revolution Beauty growth continues, sees expansion opportunities globally

​Revolution Beauty only listed on the stock exchange in the summer and its first set of results as a public company released on Wednesday showed that its pre-IPO strong performance is continuing.
Beauty
Agora beauty app launches in the UK

Agora beauty app launches in the UK

​Billed as the next-generation beauty commerce app, the Agora online marketplace has launched in the UK as a "social and live-shopping platform dedicated to beauty and wellness”.
Beauty
Lush quits social media again, says it's had enough of the harm platforms do

Lush quits social media again, says it's had enough of the harm platforms do

​Natural beauty products brand Lush is turning its back on social media as of 26 November until the various networks “take action to provide a safer environment for users”.
Beauty
Estée Lauder names new N America, Asia leaders, "elevates" China ops

Estée Lauder names new N America, Asia leaders, "elevates" China ops

Estée Lauder had some big executive announcements this week spanning its domestic US market and Asia/Pacific. But perhaps the most interesting part of the news was the fact that it’s “elevating” its Chinese market.
Beauty
Estée Lauder group president for North America to exit

Estée Lauder group president for North America to exit

The New York-based beauty conglomerate announced on Tuesday that, after almost 25 years at the company, Chris Good, group president for North America, will be retiring effective June 30, 2022.
Beauty
Interparfums expects 2022 sales to lift 16%

Interparfums expects 2022 sales to lift 16%

New York-based fragrance group Inter Parfums, Inc. (Interparfums) announced on Monday that it expects 2022 net sales to be up 16 percent, while diluted earnings will increase 20 percent. 
Beauty
Prestige beauty makes a comeback as UK shoppers return to stores, fragrance booms

Prestige beauty makes a comeback as UK shoppers return to stores, fragrance booms

Prestige beauty was battered badly by the pandemic but the segment is on the comeback trail as shoppers return to physical stores and the renewal of social life/office working means more demand for key categories.
Beauty
Mary-Kate and Ashley Olsen's The Row dives into fragrance

Mary-Kate and Ashley Olsen's The Row dives into fragrance

The brand led by Mary-Kate and Ashley Olsen has expanded into fragrances with the launch of its first scent collection, in the form of three oils created in collaboration with L’Oeil du Vert’s Haley Alexander van Oosten.
Luxury
Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

​Luxury giant Richemont issued its latest set of results on Friday, but the biggest news was that it’s in talks with Farfetch around its loss-making Yoox Net-A-Porter business.
Luxury
Zara drops new perfume collection

Zara drops new perfume collection

In collaboration with British perfume brand Jo Malone, the Inditex-owned label has extended and enhanced its range of cosmetics and perfumes, dropping eight new fragrances inspired by some of the world’s major cities.
Beauty
Burberry is back: H1 outperforms despite ongoing challenges

Burberry is back: H1 outperforms despite ongoing challenges

H1 results at Burberry showed it making “strong progress”, with full-price sales surging and higher margins. Outerwear and leather did well and it's expanding its new store concept rollout as it boosts customer spend.
Luxury
Indian beauty firm Nykaa makes glowing debut with $14 billion valuation

Indian beauty firm Nykaa makes glowing debut with $14 billion valuation

Indian cosmetics-to-fashion platform Nykaa surged 96% in a blockbuster debut on Wednesday, fetching the country's first women-led unicorn a valuation of nearly $14 billion.
Beauty
Pandemic dents Primark, but its bouncing back, will grow store numbers to 530

Pandemic dents Primark, but its bouncing back, will grow store numbers to 530

​Associated British Foods’ results for the 53 week to 18 September show how hard its star Primark brand was hit during the pandemic, but also just how well it’s bouncing back.
Fashion
Flannels' new Southampton store includes first-time Beauty Edit

Flannels' new Southampton store includes first-time Beauty Edit

​The store opening programme for Frasers Group’s luxury chain Flannels is showing no signs of slowing down with the latest new store being in Southampton and also having extra beauty interest.
Luxury