Beauty
The latest news
Capri Holdings "disappointed" as Versace, Kors see double-digit Q1 declines
Capri Holdings is the latest luxury giant to prove that times are tough out there. The company’s Q1 results for fiscal 2025 saw revenue falling 13.2% on a reported basis and 12.1% in constant currency.
Fashion
Asda Q2 sales drop, George scores in schoolwear
Asda, Britain's third-biggest supermarket group, posted a 5.3% decline in underlying sales in the three months to the end of June, as it continues to underperform its rivals.
Fashion
E.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously
E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if presidential candidate Donald Trump comes to power and hikes tariffs on imports from China.
Beauty
China’s consumer prices rise faster than expected in July
China’s consumer prices rose more than expected, offering hope of a recovery in domestic demand that has weighed on growth this year.
Fashion
Don't count on the 'Lipstick Index' for the next recession
When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since 2001, when Leonard Lauder, then chairman of Estee Lauder Cos, coined the 'Lipstick Index'.
Beauty
Japan's Shiseido becomes latest luxury brand hit by China slump, shares plunge
Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China.
Beauty
Shopify beats estimates for quarterly results on AI boost, shares soar
Shopify beat analysts' estimates for Q2 results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its US shares up 17% before the bell on Wednesday.
Fashion
Beiersdorf misses profit forecast, says slow China hit luxury brand sales
Nivea maker Beiersdorf missed expectations for half-year operating profit on Wednesday, and said the luxury market slowdown in China had hit the sales of its La Prairie brand.
Beauty
Keep it fresh: many Britons chose new scent to echo their seasonal fashion changes - study
Britons change their fragrance every nine months, with 30% switching to match the season, akin to a change in their fashion-buying habits, a survey by fragrance website Thompson & Carter London reveals.
Beauty
UK weather rains on consumer spending in July
British shoppers kept a tight grip on their purse strings last month as rainy weather again dampened their appetite for spending, according to two surveys published on Tuesday.
Fashion
Thrifty shoppers throng as Shein opens first pop-up store in South Africa
Reneilwe Malahlela was one of almost 100 shoppers queuing at the opening of Shein's first pop-up store in South Africa, keen to check out clothes and accessories often selling for the equivalent of less than $10 each.
Fashion
L'Oreal to acquire 10% stake in Swiss skin care firm Galderma
French cosmetics company L'Oreal is to acquire a 10% stake in Swiss skin care firm Galderma, the two companies said on Monday.
Beauty
Covent Garden launches ‘Little Cloud World’ art installation
Covent Garden’s tourist/consumer appeal is a key element of landlord Shaftesbury Capital’s portfolio and maintaining that appeal is essential.
Fashion
UK retail sales pick up, fashion gets online boost says BDO tracker
July’s retail sales improved as far as discretionary categories were concerned, BDO’s regular monthly High Street sales Tracker showed on Friday (2 August).
Fashion
Election month saw retail footfall dipping again says BRC-Sensormatic IQ
July was a disappointing month for retail footfall figures in the UK with a total decline of 3.3% according to the latest BRC-Sensormatic IQ data.
Fashion
ASOS chooses new creative agency
ASOS has selected The Or as its new creative agency to develop a long-term brand platform as part of the digital fashion retailer’s marketing strategy shift
Fashion