UK consumer confidence finally edged ahead of its March 2020 pre-lockdown score in July, with shoppers in a spending frame of mind. It was still negative (at -7), but it's held firm or improved for six months in a row.
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
UK beauty brand Refy has secured a major deal with Sephora in the US and Canada, just six months after launch. The brand's first brow collection range debuted online and in 320 Sephora stores in North America this month.
Concerns have emerged that Morrisons may face heavy costs after it's been taken over by private equity. The lead bidder will conduct a review of the property portfolio, raising the spectre of sale/leaseback deals.
In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
High-end online fashion and beauty retailer Immaculate Vegan has secured £400,000 in funding on the back of impressive revenue gains. The new capital will help it drive future growth in its key target markets.
New owner. Big plans. Acquisition-hungry The Ardent Companies has completed the takeover of Touchwood shopping centre in Solihull, West Midlands, from Lendlease Retail Partnership, for an undisclosed sum.
In a major boost to UK physical retail that has been devastated by widespread closures during the pandemic, we could expect 17,000 local high street stores to open in the next 12 months, according to new research.
Unilever's first-half results should give a sign of how it is coping with rising commodity and transport costs - whether it has managed to lift prices without hitting sales volumes, or whether margins are being squeezed.
Big operational changes at MySale have borne fruit. The online fashion and lifestyle retailer's shift to an Australia/New Zealand focus while scaling the business to a new marketplace seller platform has worked well.
Fast-growing fashion retail giant Next said on Wednesday that it had easily beaten its own expectations for full-price sales, with the last 11 weeks seeing an 18.6% surge compared to the same period in 2019.
Positivity and optimism were the key words that ran through Brand Architekts’ trading update for the 52 weeks to 30 June on Tuesday. However, it also said some negative numbers refected its consolidation efforts.