L’Oréal’s Brandstorm challenges students to reinvent the beauty shopping experience
L’Oréal has announced the launch of the 29th edition of Brandstorm, its innovation competition for students.
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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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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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Luxury warns Treasury: we won’t invest in UK if tax free shopping ends
A group of leading retailers and luxury brands have warned the UK Treasury that they will re-visit investment plans if the proposed abolition of duty-free shopping forges ahead, according to a report published in the Financial Times.
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Tesco overtakes Boots as UK’s biggest personal care and toiletries retailer
Supermarket chain Tesco has taken over Boots as the UK’s biggest personal care and toiletries retailer, giving a clear indicator of consumer buying trends in the wake of the pandemic.
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Unilever launches its biggest refill trial in Europe
Today will see the relaunch of UK supermarket Asda’s Middleton store as a pioneering sustainability store comprising a refill zone supported by Unilever and sustainable and circular economy experts Beauty Kitchen.
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Coty: Kylie Skin to expand across Europe with direct-to-consumer websites
Kylie Skin parent company Coty has announced that the cult brand will expand across Europe, with the launch of direct-to-consumer flagship websites in the United Kingdom, France, Germany and Australia.
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Chanel purchases Bond Street store for £310 million
Chanel has reportedly purchased its Bond Street store for £310 million, in a show of confidence fo retail in London.
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L Brands sells majority stake of Victoria’s Secrets’ UK business to British retailer Next
L Brands has entered into a joint venture (JV) with British retailer Next, who will a acquire a 51 percent majority stake in Victoria’s Secrets UK and Ireland, which is currently in administration.
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