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Regent Street landlord Crown Estate raises bar on carbon neutrality

Regent Street landlord Crown Estate raises bar on carbon neutrality

The Crown Estate aims to go ultra green. One of London's biggest retail landlords said it’s committed to eliminating its carbon footprint by 2030, including emissions generated by customers using its properties.
Fashion
Strong November sales mask another fashion fall, outlook “bleak” says BDO

Strong November sales mask another fashion fall, outlook “bleak” says BDO

At first glance, November’s UK retail sales released Friday looked quite good. Despite the pandemic-induced lockdown, total like-for-like sales last month increased 3.3%, the strongest month of sales since January.
Fashion
Arcadia's brands 'lose half their value' in under a year

Arcadia's brands 'lose half their value' in under a year

​Arcadia’s brands were estimated to have a total value of £800 million back in January but that has more-than-halved today as its administrators seek buyers for the various assets.
Fashion
Ulta Beauty reports Q3 sales dip

Ulta Beauty reports Q3 sales dip

Ulta Beauty, Inc. announced a 7.8 percent decline in third-quarter net sales on Thursday as it continues to be impacted by the Covid-19 pandemic and its efforts to contain it.
Beauty
L'Occitane International posts 15% revenue slump in H1

L'Occitane International posts 15% revenue slump in H1

In the first half of the current financial year, sales at L’Occitane International (the owner of L'Occitane en Provence and Erborian) dropped by 15.2%, to €616.6 million, affected by the Covid-19 crisis.
Beauty
Most UK e-shoppers fear eco impact of online retail - study

Most UK e-shoppers fear eco impact of online retail - study

More and more UK digital consumers are shopping with a conscience, with 57% now worrying the rise of online shopping is a threat for the environment, according to shipping platform Sendcloud.
Fashion
BNPL strong in UK for Black Friday, beauty was key - Clearpay

BNPL strong in UK for Black Friday, beauty was key - Clearpay

There was big growth in online consumers taking advantage of ‘buy-now-pay-later’ (BNPL) services across Black Friday and Cyber Monday, with shoppers shying away from using credit product payments.
Fashion
UK's Black Friday week lags forecasts - IMRG

UK's Black Friday week lags forecasts - IMRG

​Good but not spectacular. UK online retail sales across the Black Friday weekend were “very strong” this year, although they failed to match forecasts in spite of England being confined to lockdown shopping, IMRG said.
Fashion
Tech tools and investment pieces prove strong for YNAP's sites over Cyber Weekend

Tech tools and investment pieces prove strong for YNAP's sites over Cyber Weekend

​Yoox Net-A-Porter said it saw two orders placed every second from customers around the world on its full-price and outlet luxury webstores during the long Cyber Weekend.
Luxury
Zara unveils first giant concept store in UK with Bluewater upsizing

Zara unveils first giant concept store in UK with Bluewater upsizing

Zara has radically upsized its presence at Landsec’s giant Bluewater mall in Kent with the 37,000 sq ft space also representing the UK debut for its global flagship concept.
Fashion
PM told to formulate retail support plan as jobs cull continues

PM told to formulate retail support plan as jobs cull continues

​The British government is under increasing pressure to come up with extra support for retail jobs with recent company failures leading to tens of thousands of current and potential job losses.
Fashion
Latest Next Beauty & Home Store opens in The Oracle mall

Latest Next Beauty & Home Store opens in The Oracle mall

​Next is continuing the expansion of its still-new Next Beauty & Home chain with an opening on Thursday at Hammerson’s Reading mall, The Oracle.
Fashion
Function of Beauty raises $150 million investment from L Catterton

Function of Beauty raises $150 million investment from L Catterton

Function of Beauty said the investment will accelerate the company's product development, support its continued worldwide expansion, and build upon its already industry-leading customized manufacturing capabilities.
Beauty
'Wild Wednesday'? England's reopened stores are busy, but not frenzied

'Wild Wednesday'? England's reopened stores are busy, but not frenzied

​Stores in England were ultra-busy on Wednesday as non-essential shops were allowed to reopen, retailers went the extra mile to make their locations appealing and consumers rushed to buy bargains or to do Xmas shopping.
Fashion
France's Interparfums raises 2020 revenue forecast to over 340 million euros

France's Interparfums raises 2020 revenue forecast to over 340 million euros

French perfume maker Interparfums on Wednesday forecast slightly better-than expected sales for 2020, helped by a summer business rebound that accelerated over the fall.
Beauty
Reiss, Lacoste, Sockshop open new stores on reopening day

Reiss, Lacoste, Sockshop open new stores on reopening day

It’s become something of a 2020 tradition for retailers to coincide new store openings with post-lockdown reopenings and on Wednesday, as England’s stores welcomed shoppers back, there were three fashion-linked debuts.
Fashion