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ByteDance losses triple to more than $7 billion: report

ByteDance losses triple to more than $7 billion: report

Chinese-owned TikTok parent ByteDance saw operating losses more than triple last year to more than $7 billion, according to a Wall Street Journal report on Thursday.  
Beauty
U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers are set to spend more this Holiday season, with a shopper's average spend increasing by 6% on last year, despite most shoppers worried about inflation leading up to the busy period. 
Fashion
Shopbop launches Shopbop Beauty

Shopbop launches Shopbop Beauty

Amazon-owned online retailer Shopbop launched on Monday Shopbop Beauty, introducing a new curated assortment of both established and emerging beauty brands.
Beauty
Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

The Pierre Fabre group has just appointed Frédéric Ennabli as managing director of its dermocosmetics and personal care division, which includes brands such as Klorane, Avène and Ducray.
Beauty
Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido Europe is set to acquire Gallinée, a brand founded in 2016 by France’s Marie Drago. The brand harnesses active probiotics to soothe, balance and strengthen skin.
Beauty
Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media, France’s leading magazine publishing group, will launch the French edition of U.S women's fashion magazine Harper's Bazaar next March, as the group announced in a press release on Tuesday.
Fashion
UK may fine TikTok $29 million for failing to protect children's privacy

UK may fine TikTok $29 million for failing to protect children's privacy

Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the app may have breached UK's data protection law by failing to safeguard privacy of children using the platform.
Beauty
Harrods boosts beauty with launch of rewards programme

Harrods boosts beauty with launch of rewards programme

Rewards programmes are not exclusively reserved for mainstream retail. Luxury retailer Harrods has launched ‘MyBeauty from Harrods Rewards’, a specifically curated programme for its beauty customers.
Beauty
Unilever CEO to quit next year, successor search starts

Unilever CEO to quit next year, successor search starts

​There was big news from Unilever on Monday as its CEO Alan Jope announced that he’s quitting at the end of next year after five years at the helm.
Beauty
L’Oréal to acquire Skinbetter Science

L’Oréal to acquire Skinbetter Science

As part of the terms, Skinbetter Science will be integrated into L'Oréal under Christina Fair, president of the active cosmetics division at L'Oréal USA.
Beauty
Hedge fund Ancora seeks ouster of Kohl's CEO, chairman

Hedge fund Ancora seeks ouster of Kohl's CEO, chairman

Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl's Corp , may now be pushing for the removal of the U.S. retailer's chief executive and board chairman.
Beauty
J.C. Penney launches J.C. Penney Beauty nationwide

J.C. Penney launches J.C. Penney Beauty nationwide

The retailer-owned beauty experience is set to expand from its ten brick-and-mortar pilot locations to 300 stores by early 2023, and 600 stores by spring 2023, as of next month. 
Beauty
Queen Elizabeth's favourite brands face losing royal warrant

Queen Elizabeth's favourite brands face losing royal warrant

Queen Elizabeth II's death means that around 600 of her favourite brands risk losing their royal warrant and must now await the approval of her successor King Charles III.
Beauty
Oh My Cream founder Juliette Levy talks international expansion plans

Oh My Cream founder Juliette Levy talks international expansion plans

In 2023, Oh My Cream will celebrate its tenth anniversary. For this new decade, the beauty concept store will focus on exports. Meet Juliette Levy, its founder, who will open two new boutiques in London this October.
Beauty
Never Fully Dressed dips its toes in Los Angeles

Never Fully Dressed dips its toes in Los Angeles

The brand created by British designer Lucy Aylen, and popularized thanks to Instagram, opened its first pop-up store at Platform shopping location in Los Angeles.
Fashion
THG hails progress despite investment meaning wider operating loss

THG hails progress despite investment meaning wider operating loss

​British e-tail giant THG announced interim results on Thursday and talked of “substantial progress” in H1 as it continued to build “a strong, sustainable global platform supporting THG brands and Ingenuity clients”. 
Fashion