The Estee Lauder Companies closes all counters at Debenhams as Boohoo deal shuts down stores
Some 600 sales staff are set to lose their jobs as The Estee Lauder Companies announced the closure of all counters across UK department store chain, Debenhams, according to a report published by The Times.
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Jennifer Lopez launches ‘JLo’ lifestyle channel on Triller
Jennifer Lopez has launched a lifestyle channel on social media app Triller, named JLo, which will include beauty and fashion content.
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Asos lumped with £15 million tariffs after Brexit deal
Asos is facing tariff costs of up to £15 million following the UK’s official departure from the European Union at the start of this year, according to a report published by the Evening Standard.
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Former Mars exec joins Chanel as Global Head of Sustainability
Chanel has named Kate Wylie as Global Chief Sustainability Officer and President of Fondation Chanel, effective July 1, according to a report published by WWD.
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Chanel launches podcast featuring Vogue’s Enninful and Tilda Swinton
Chanel has launched a podcast named Chanel Connects. The series is based on ‘what matters most and what happens next’, according to Chanel Global Head of Arts and Culture, speaking to Vogue UK.
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Anna Wintour defends Kamala Harris Vogue cover following social media backlash
Vogue U.S. Editor-in-Chief Anna Wintour has defended the recent Vogue cover starring Vice President Elect Kamala Harris following a social media backlash over the lighting and styling of the imagery.
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Kylie Jenner accused of ‘profiting off the pandemic’ following hand sanitizer launch
Kylie Jenner has faced backlash online over the launch of her new Kylie Skin hand sanitizer product, with fans accusing the entrepreneur of profiting from the pandemic.
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iMedia announces 16 new brand launches across television networks: MAC, Annayake and Eleven Skin join roster
iMedia is set to launch 16 new brands across its three national television networks ShopHQ®, ShopBulldogTV and ShopHQHealth during Q1, with a focus on beauty and wellbeing.
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LVMH appoints key personnel to run Tiffany post acquisition
It’s been quite the battle but LVMH has completed its takeover of US jewelry brand Tiffany at last and is putting some of its most trusted executives at the helm. Louis Vuitton executive Anthony Ledru has been named CEO, effective immediately.
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Prada to close 2020 with an operating profit despite headwind caused by the pandemic
Prada has announced that it is to close 2020 with an operating profit thanks to markedly better revenues and profitability in the second half of the year offsetting the damage caused by the pandemic, according to a report by Reuters.
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Lessons learned in 2020 – Retail
As pandemic-related closures forced us all off the high streets and onto the internet and essentially wiped out the travel retail channel, everything we thought we knew about shopping for beauty changed. For although online shopping has always been there, pre-Covid, the majority of beauty buyers still shopped in store. Accordingly, e-commerce development had lagged in recent years, leaving brands and retailers playing catch up.
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Condé Nast promotes Anna Wintour to Chief Content Officer
Condé Nast has promoted Vogue’s Anna Wintour to the newly created role of Chief Content Officer.
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Kate Moss announced as cover star for January 2021 issue of Vogue; magazine promotes from within
Kate Moss has been announced as the cover star for the January 2021 issue of Vogue, with Julia Sarr-Jamois and Poppy Kain promoted to Vogue fashion directors.
CLICK HERE UK retailer Debenhams goes into liquidation
UK retailer Debenhams is set to go into liquidation in the new year, a development that puts 12,000 jobs at risk and highlights the crisis on the UK high street, according to a report by The Financial Times.
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LVMH targets digital growth with management reshuffle
LVMH has announced a series of senior appointments across its digital and selective retail arms, according to various reports published by WWD.
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Halima Aden quits modelling over compromised beliefs
The star of a Fenty Beauty campaign, Halima Aden has called time on her modelling career, posting her reasons on her Instagram stories.
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L Brands completes Victoria’s Secret reshuffle; names CEO
L Brands has announced several key leadership appointments at Victoria’s Secret. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas.
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Gucci Beauty teams up with Snapchat to launch new Portal Lens as part of Bloom Profumo di Fiori marketing promotion
Gucci Beauty has teamed up with Snapchat to launch a new Portal Lens as part of the marketing promotion for the new Gucci Bloom Profumo di Fiori fragrance.
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Fall of the malls? Macy’s 3Q 2020 sales down 21 percent
Macy’s has reported its results for the third quarter of the current financial year. The US department store saw sales tumble 21 percent yoy to US$3,990 million and reported a loss of US$91 million, a far cry from the US$2 million net income reported in the same period last year.
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THG announces new client wins and advances sustainability agenda with launch of THG Eco
THG has announced new partnerships in fashion and beauty as well as an accelerated sustainability focus with the launch of THG Eco.
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UK Competition and Markets Authority to crack down on greenwashing
The UK Competition and Markets Authority (CMA) is set to turn its attention to the widespread practice of ‘greenwashing’, according to a report published by Bloomberg.
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Chanel hikes up prices as ultra luxe booms
Chanel has upped its prices for the second time this year, according to a report published by Reuters.
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Sales of Chanel-branded cotton pads sent stratospheric as TikTok trend spirals
A hack that’s gone viral on social media platform TikTok has sent sales of Chanel’s cotton make-up remover pads sky-high, according to a report published by the New York Post.
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Amazon launches ‘Climate Pledge Friendly’ badge in Europe
Amazon is debuting its Climate Pledge Friendly program in Europe, unveiling some 40,000 products across France, Germany, Italy, Spain and the UK with one or more of its sustainability certifications.
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LVMH and Tiffany tie up deal with new purchase price
The ongoing will they, won’t they saga of the LVMH-Tiffany buy out continues, with the jewellery maker now said to be willing to renegotiate on price in order to tie up the deal, according to the Financial Times.
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