Physical shops may be closed, but 52% of UK retailers are offering products specifically for Valentine’s Day. And 41% are expecting the event to give them a sales boost with average expectations of a 26% increase.
The owner of London’s Westfield shopping centres said on Wednesday it would massively trim down its US presence and complete a remaining €3.2 billion-worth of European asset disposals before the end of 2022.
After announcing the closure of 500 stores in Europe, and 600 redundancies in Spain, the beauty retailer has merged its Italian, Spanish and Portuguese subsidiaries, now all led by Italy’s former country manager.
There can be few retail upsides to lockdown but one has emerged: local independent businesses saw an upswing in shopper demand last year. More specifically, clothing stores and beauty salons both ranked in the top 10.
Now in its sixth year, the program's focus on founders of color comes as part of Sephora's increasing number of commitments to increasing BIPOC representation in prestige beauty and on Sephora shelves.
The Japanese cosmetics giant announced an 18.6% decrease in its full-year sales on Tuesday, falling into loss as the Covid-19 pandemic took its toll on the company’s operations, especially on its home market.
Quintain wants to attract further innovative concepts at its Wembley Park, north London project. That means the commercial property developer has appointed CF Commercial as its retail and leisure leasing agent.
John Lewis on Tuesday unveiled a big expansion of its fashion and beauty offer and the fashion labels it’s adding are designed to reflect the casualisation trend that has only accelerated in the past year.