Cosmetics

​Barclays has released UK data looking back at 2024 and perhaps the key point is that while clothing stores’ transaction volumes grew 3%, spend growth was nowhere to be seen with spend down 0.2%.

Perfect Corp has acquired Farfetch’s Wannaby operation — known as Wanna to its consumer users — as it continues to expand its fashion and beauty tech offering.

​Space NK's accounts for the year to the end of March showed that the company is thriving as both sales and profits jumped, with all parts of the business doing well.

​The UK fashion sector has to a certain extent begun bouncing ack after a challenging 2023 and this should continue in 2025, according to new figures from data specialist CACI.

French cosmetics giant L'Oreal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr.G., from Swiss retailer Migros.

Just over two years after being acquired by South Korean beauty giant Amorepacific, natural cosmetics brand Tata Harper has appointed Shay Bennaim, a former Estée Lauder executive, as its new global brand president.

French cosmetics giant L'Oreal is in final talks to acquire the South Korean skincare business Gowoonsesang Cosmetics owned by Mibelle Group, a unit of Swiss retailer Migros, said two sources with knowledge of the deal.

​Discounter The Original Factory Shop (TOFS) is reportedly “exploring options” after Deloitte earlier failed to find a buyer for it. Teneo is believed to be acting as adviser to its owner as those options are looked at.

German perfume and cosmetics retailer Douglas forecast higher 2025 sales and earnings on Thursday, citing a good start to the financial year that included the crucial pre-Christmas period.

US cosmetics group Estée Lauder, which will have a new CEO in January, has appointed former LVMH executive Olivier Dubos as managing director of Global Travel Retail.

​Zalando has looked back at 2024 based on the data generated by its platform and come up with Trend Rewind, a look at what’s been trending this year.

The Body Shop appears to be bouncing back from its spectacular implosion earlier this year with news of profitability in the UK business, an acquisition of the Canadian business and expansion plans in the Middle East.

In a bid to capture a younger customer than ever, makeup retailer Ulta Beauty Inc. is peddling an alluring new collection: toys.

​Puig is counting down to 2031 by when it will have assumed full ownership of the phenomenally successful Charlotte Tilbury business. It took a majority stake in 2020 and revenues have risen more than threefold since.

Next stop Chester for H Beauty. The successful addition to the Harrods luxury retail brand has chosen the north-western city close to the England-Wales border for its sixth UK beauty-specific store.

Major luxe beauty brand Charlotte Tilbury is to open a “significantly upsized” flagship store in London’s Covent Garden.