Estee Lauder Cos Inc reported higher-than-expected quarterly profit and sales on Friday on strong demand for Too Faced and Becca products and customisable gifts, and the company raised its 2018 full-year EPS forecast.
The boss of House of Fraser’s Chinese parent has called on Theresa May to give a “definite signal” about what sort of Brexit her government wants as a leaked report shows both a hard and soft Brexit will hit the economy.
As the UK gets ready for a spate of trading updates, it seems that the week before Christmas saw a late shopping surge with fashion sales rising year-on-year, but it's unlikely to have rescued an otherwise weak season.
House of Fraser has signed a deal with a property-tech startup that will see the UK department stores giant hosting pop-up concessions in stores for small retail brands and expanding its experiential offer on the way.
Black Friday store visits will drop this year for the first time since it became a key shopping day in 2013, a new study says. But another forecast says spending over the Black Friday period will rise above inflation.