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Liberty names new head of beauty buying

Liberty names new head of beauty buying

​London department store Liberty has named Rhea Cartwright to lead its beauty buying, a key role for the store as beauty is a huge part of its mix.
Beauty
Kate Moss launches beauty and wellness brand Cosmoss

Kate Moss launches beauty and wellness brand Cosmoss

​Supermodel-turned-entrepreneur Kate Moss is launching a new beauty and wellness brand called Cosmoss that will enter an increasingly crowded celebrity health & beauty sector on September 1.
Beauty
UK's cost-of-living crisis is yet to hit prestige beauty

UK's cost-of-living crisis is yet to hit prestige beauty

​Prestige beauty sales are proving resilient in the face of the surging inflation that’s denting consumer appetites for other products, UK e-tailer Escentual, citing NPD figures, said this week.
Beauty
L’Occitane names Laurent Marteau group managing director

L’Occitane names Laurent Marteau group managing director

L’Occitane has announced the appointment of beauty industry veteran Laurent Marteau as group managing director. 
Beauty
Selfridges sale completes, giant European group created, Stefano Della Valle is CEO

Selfridges sale completes, giant European group created, Stefano Della Valle is CEO

Thailand’s Central Group and Austria-based Signa Holding have completed the acquisition of luxury retailer Selfridges Group from the Weston Family and it’s now being integrated into their wider operations.
Luxury
Tapestry, Estée Lauder feel earnings pinch from China lockdowns

Tapestry, Estée Lauder feel earnings pinch from China lockdowns

​Tapestry Inc and Estée Lauder Cos Inc forecast full-year earnings below estimates on Thursday, spotlighting the hit America's luxury goods companies are taking from China's Covid-19 lockdowns.
Luxury
Beauty and the inflation beast: 'lipstick effect' to shield Estée Lauder, Coty

Beauty and the inflation beast: 'lipstick effect' to shield Estée Lauder, Coty

Americans are turning to beauty products to beat inflation blues in a trend called "the lipstick effect" that could keep beauty's post-pandemic rebound alive and help quarterly sales for Estée Lauder and Coty.
Beauty
Boohoo makes "strategic investment" in Revolution Beauty

Boohoo makes "strategic investment" in Revolution Beauty

​Boohoo has been moving into beauty of late through its own retail brands and through buys such as Debenhams. But its latest move is a bit different. It’s made what it calls a “strategic investment” in a key pureplay.
Beauty
Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Revlon gets court approval for $1.4 billion bankruptcy loan

Revlon gets court approval for $1.4 billion bankruptcy loan

​Revlon received a US bankruptcy judge's permission Monday to proceed with a $1.4bn loan, over an objection by some creditors who argued its terms could block their chance to recover anything from the firm's bankruptcy.
Beauty
L’Oreal may continue to raise prices in a targeted manner, CEO says

L’Oreal may continue to raise prices in a targeted manner, CEO says

L'Oreal may continue to raise prices in the second half of the year to offset rising production costs, but would do so in a very targeted manner, the cosmetics group's CEO said on Thursday.
Beauty
L'Occitane reports a 15.8% increase in sales in the first quarter

L'Occitane reports a 15.8% increase in sales in the first quarter

During the first quarter of its fiscal year that closed on June 30, the L'Occitane group recorded sales of €416 million, up 15.8% at constant exchange rates.
Beauty
Unilever's first half is strong for prestige beauty

Unilever's first half is strong for prestige beauty

​Unilever’s first-half report on Tuesday showed rising sales, with inflation a big factor in that as the company was largely able to pass on price rises to consumers.
Beauty
Pitti Fragranze back in Florence with 140 exhibitors, special guest Alessandro Gualtieri

Pitti Fragranze back in Florence with 140 exhibitors, special guest Alessandro Gualtieri

The 20th edition of Pitti Fragranze, the trade show of the creative perfumery sector, entitled ‘The 5 Senses Issue’ and featuring 140 international exhibitors, will be held in Florence on September 16-18.
Beauty
K11 unveils plans for new Shenzhen retail precinct

K11 unveils plans for new Shenzhen retail precinct

K11 Group this month announced plans for a new harbourfront complex in China's Shenzhen, as the New World Group-owned brand and retail developer continues to expand across mainland China. 
Fashion
Liberty launches beauty newspaper The Hall

Liberty launches beauty newspaper The Hall

​Content may be shifting online at an ever faster pace but London department store Liberty is going old-school and has launched a new bi-annual beauty newspaper called The Hall.
Beauty