The American cosmetics conglomerate, whose brands include Gucci beauty and Kylie Cosmetics, has appointed Constantin Sklavenitis to the role of chief prestige brands officer. 

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.

Swiss fragrance and flavor maker Givaudan has reported better than expected Q1 income, with progress driven by a return to growth in fine fragrances. 

​LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.

​FMCG giant Unilever had a “strong” first half, it said on Thursday with underlying sales growth of 5.4% (4% by volume and 1.3% price) while price growth stepped up in Q2.

​Burberry has officially unveiled its new-concept flagship on Sloane Street in London. It’s the first of its flagships to feature its new global design concept “that encapsulates the essence of the luxury house”.

Ahead of its separation from iconic lingerie brand Victoria’s Secret next month, the beauty retailer has revealed plans to expand in skincare and hair products as it carves a path for itself as an independent company,

Having achieved a better than expected performance in the first half of 2021, the French fragrance group is now shooting for full-year revenues of between 460 million and 480 million euros. 

The LVMH-owned cosmetics retailer could be entering the UK market with the acquisition of beauty-focused e-commerce platform Feelunique.com.

​Frasers Group has unveiled its latest big development. The new Flannels in Sheffield opened its doors with women's and men's ready to wear and accessories, plus kidswear, activewear and — for the first time — beauty.

Just a day after news that L Catterton will take a stake in Etro, Ermenegildo Zegna said it will list its shares in New York and is combining with Investindustrial Acquisition Corp, which will be a minority shareholder. 

​Etro is looking to future-proof its business and has revealed a “strategic partnership” with L Catterton Europe that it said will be the “start of a new phase of growth”

The LVMH-owned beauty retailer has appointed Sylvie Moreau, former president of Coty's professional beauty division, to the role of president for Europe and the Middle East.

Burberry has reported “an excellent start” to its financial year with a Q1 trading update on Friday showing it has “attracted new, younger luxury customers to the brand”. 

Department store Liberty has filed its results for the year to the end of January and said that it was "significantly impacted" by the three separate Covid lockdown in the UK that dented footfall to its London flagship.

​UK online retail sales dropped 14.1% in June, which was the biggest fall since the IMRG Capgemini Online Retail Index began. Beauty plunged but there was a bright spot for fashion, which rose in double-digits.