Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
U.S. beauty products maker Coty Inc reported a better-than-expected quarterly profit on Thursday, driven by strong demand for Tiffany & Co and Gucci Bloom fragrances, as well as recently-acquired makeup brands.
John Lewis had a fairly unimpressive week in the seven days to February 3 as overall sales dropped by 0.2%. But in a chilly UK, its exclusive fashion offer and beauty did better than other categories.