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Tapestry and Capri Holdings defend merger plans after FTC bombshell
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Люкс
Montreal’s Royalmount unveils new lineup of global brands
Zara, Nike, Moncler, Longchamp, Anine Bing, Mango, H&M, Alo Yoga, Veronica Beard, Canada Goose, Sephora and Roche Bobois are the latest brands set to open at the new retail and lifestyle destination in mid-August 2024.
Мода
Central's search for new Selfridges partner goes on, reportedly in talks with possible buyers
Middle Eastern and Chinese investors are reportedly eyeing a Selfridges stake as Thailand-based Central Group continues to seek an owner-partner to replace failed co-owner Signa.
Мода
The Body Shop France looking for buyer
The Body Shop’s French subsidiary, which operates 51 stores and has 259 employees, is looking for a buyer after going into receivership on April 4. Interested parties have until June 3 to put forward their bids.
Красота
Beautycounter acquired by founder Gregg Renfrew
Clean beauty brand Beautycounter has been acquired on April 18 by founder Gregg Renfrew, according to multiple reports.
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Bank ending Body Shop lending facilities was key to administration decision - report
A cut in funding and a failure to find fresh financial backing were pivotal events leading to The Body Shop’s failure in February.
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Gloucester Quays sees record sales as anniversary celebrations kick off
What better way for an outlet shopping centre to celebrate a 15th anniversary than to announce another set of record footfall and sales numbers.
Мода
Hammerson signs bigger JD Sports and new Space NK for Dundrum
Dublin mall Dundrum Town Centre “continues to attract high-profile brands, new concepts and market firsts”. And the latest news on this front includes a bigger JD Sports and a new Space NK added to the mix.
Мода
UK consumers' sustainability score drops - ESW report
The UK consumers’ crown for being among the leaders in sustainability values is slipping. They’re less sustainably minded than they were just a year ago, according to a new ‘Global Voices’ survey from digital firm ESW.
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P&G lifts annual profit forecast on strong US consumer demand, easing costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
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L’Oréal: Dermatological beauty division achieves 21.9% growth in first quarter
In the first quarter of its 2024 fiscal year, the dermatological beauty division of the L'Oréal Group (including La Roche Posay, CeraVe, and Vichy) saw its sales surge by 21.9% to 2 billion euros.
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Battersea Power Station opens Botanical Atelier embroidery pop-up
Adding consumer attractions continues to be part of many a shopping centre’s playbook and Battersea Power Station is no different.
Мода
UK consumer confidence may keep rising but spending concerns remain - Deloitte
UK consumer confidence isn’t just on the up again, it’s reached a new two-year high as personal finances improve, especially among 25-34 year-olds. But that isn’t necessarily feeding through to spending habits.
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Eurofragance boosts revenue by 20% in 2023, reaching €146 million
Spanish fragrance powerhouse Eurofragance achieved remarkable growth in key markets, including the United Arab Emirates, Saudi Arabia, and Europe.
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Discover Maison Diptyque, the brand's new concept store for scents and objects
Well-known for its perfumes and candles, Diptyque has opened a store on rue Duphot in Paris, displaying its collections and offering customisation and workshops. This premium concept is about to be launched in London.
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Britain’s retail sales disappoint in sign of lacklustre recovery
Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”
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