Burberry’s Q1 Trading update was closely watched on Tuesday and it seemed to deliver, with rising sales and a positive consumer response to its Riccardo Tisci-designed collections, both at retail and in wholesale.
Stella McCartney has signed a deal to partner with LVMH, the designer retaining majority ownership of her label but also about to enter a new era as part of the increasingly-sustainability-focused luxury group.
The French luxury house has launched its fragrance and beauty offering on Chinese e-commerce platform Tmall, the first time that consumers in the country can purchase Chanel products online outside of its official site.
With her makeup line already available at over 100 international points of sale, the celebrity makeup artist Charlotte Tilbury is now conquering the French market through a partnership with Sephora, launching August 29.
Acquisition-hungry online beauty and wellbeing retailer The Hut Group continues its pursuit of world domination as sales and profits soar. Group revenues grew 24% to £916m in 2018, while gross profit was up 31%.
The French cosmetics giant has entered into negotiations with Clarins with a view to acquire the two perfume brands, as well as Mugler’s fashion business, an operation which would reinforce L’Oréal’s luxury division.