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Shiseido cautious about 2022 forecast

Shiseido cautious about 2022 forecast

On Thursday, Japanese cosmetics group Shiseido confirmed its prudent forecast for the 2022 financial year, stating it is “hard to quantify precisely” the impact of the pandemic and of geopolitical tensions.
Beauty
Nexite announces major funding for physical retail-boosting tech platform

Nexite announces major funding for physical retail-boosting tech platform

Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Fashion
Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

​As the cost of living continues to rise, pressure is mounting on the UK government to push ahead to regulate the buy-now pay-later (BNPL) finance industry.
Fashion
Revolution Beauty names Lake new CFO

Revolution Beauty names Lake new CFO

​UK-based multi-brand beauty retailer Revolution Beauty Group has a new finance chief. Elizabeth Lake, former finance director at Hugo Boss UK, is set to replace Andrew Clark, who has announced his intention to leave. 
Beauty
Hedge funds, administrator are the winners after Debenhams collapse - report

Hedge funds, administrator are the winners after Debenhams collapse - report

​Failed businesses can yield rewards. Hedge funds that ran Debenhams look to have recovered most of their costs while the retailer’s administrators have clocked up £5.3 million in fees in the two years since bankruptcy.
Fashion
Moda Operandi expands into beauty, appoints beauty chief

Moda Operandi expands into beauty, appoints beauty chief

Moda Operandi confirmed on Wednesday reports it has officially expanded into beauty, a move that has prompted the fashion platform to appoint its first-ever beauty chief.
Beauty
Google unveils new 10-shade skin tone scale to test AI for bias

Google unveils new 10-shade skin tone scale to test AI for bias

Alphabet Inc's Google on Wednesday unveiled a palette of 10 skin tones that it described as a step forward in making gadgets and apps that better serve people of color.
Beauty
Superdrug boosts speedy delivery options in Scotland

Superdrug boosts speedy delivery options in Scotland

​UK health & beauty retailer Superdrug has expanded its same-day courier service, ‘Store to Door’, in Scotland. The service is available within a five-mile radius of  nine stores within the Glasgow and Edinburgh regions.
Beauty
Bazaarvoice Shopper Experience Index shows surging importance of UGC

Bazaarvoice Shopper Experience Index shows surging importance of UGC

UGC is becoming ever more important to the shopping journey and the latest international Shopper Experience Index report shows that “purchase influence has shifted from business-to-consumer, to consumer-to-consumer”.
Fashion
British publisher Future acquires Who What Wear

British publisher Future acquires Who What Wear

​UK publishing group Future, which owns titles including Marie Claire and Country Life, has acquired women’s lifestyle platform Who What Wear from US firm Clique Brands for what's reported to be around $100 million.
Fashion
UK plans to force landlords to let out empty stores confirmed

UK plans to force landlords to let out empty stores confirmed

​The UK government has confirmed earlier rumours that it has plans to force landlords to rent out empty stores to try to breathe life back into high streets.
Fashion
Beauty Bay abandons IPO plans, could now opt for sale - report

Beauty Bay abandons IPO plans, could now opt for sale - report

​Manchester-based beauty platform Beauty Bay has appointed bankers from Threadstone Capital to look at its options and could choose to put itself up for sale, a report said on Tuesday.
Beauty
UK could clamp down on influencer advertising over mental health impact

UK could clamp down on influencer advertising over mental health impact

​The UK government’s intended clampdown on influencer advertising that targets young people looks to be intensifying. And MPs claim regulation has failed to keep pace with the growth of online influencer culture. 
Fashion
Tough April for UK e-tail points to 'end of digital boom' - report

Tough April for UK e-tail points to 'end of digital boom' - report

​Good news for UK online fashion sales. Not so good news for digital beauty sales. Even worse for the e-tail industry as a whole. And after weak April numbers, it suggests the digital boom could well be over.
Fashion
Harrods launches Beauty Adventure with key category events this month

Harrods launches Beauty Adventure with key category events this month

​Not content with launching another branch of H Beauty a few weeks ago, Harrods is putting big support behind beauty in May as it invites consumers to enjoy ‘The Harrods Beauty Adventure’ at its Knightsbridge flagship.
Luxury
Squeezed Britons tighten belts, but fashion and beauty still on shopping list

Squeezed Britons tighten belts, but fashion and beauty still on shopping list

​There was good news and bad on UK spending on Tuesday as reports showed consumers are being impacted by higher prices, but are still spending on fashion and on activities that require new clothes and beauty products.
Fashion