Farfetch has launched a beauty destination for consumers in the UK, Europe and the US, following the acquisition of beauty retailer Violet Grey earlier this year. Farfetch Beauty is being described as “beauty beyond boundaries,” and will offer more than 100 gender-neutral brands The beauty offering spans skincare, make-up, hair, fragrance,...
Missguided has said its founder Nitin Passi will step down as CEO as it mulls options for its future. Passi, 38, started the online store in a factory in Manchester in 2009 with a £50,000 loan from his father. He sold a 50% stake in Missguided to Alteri Investors, backed by...
ProCook saw its revenue climb by 11.4% in its fourth quarter which meant that growth was 29.5% in its full year. In a trading update, the company said it attracted 723,000 new customers and benefited from an increase in repeat purchase rate which rose from 18.6% to 25.5% year-on-year. ProCook said its...
The Hut Group has posted record full year revenue with growth of 38.1% at constant currency to £2.2 billion. In the year to 31 December 2021, the health and beauty retailer’s adjusted EBITDA performance was also strong at £161.3 million compared to £150.8 million in the previous year. THG said returning customers...
ManoMano UK, the online marketplace for DIY, home improvement and gardening, has launched a dedicated B2B offering in the UK. Designed by and for trade professionals, ManoManoPro first launched in France in 2019 then rolled out to Spain and Italy in 2020. The offering is being made available to all trade sectors...
Boots are banning all wipes with plastic by the end of this year to help tackle climate change. The pharmacy chain, which sold more than 800 million wet wipes in the last year, said it would replace plastic-based wipes with plant-based biodegradable alternatives following a reformulating of its own-brand wipe ranges...
There is no longer any legal requirement to wear face coverings in stores in the whole of the UK and Ireland after Covid restrictions in Scotland were lifted yesterday (Monday, April 18). While all LEGAL restrictions have been lifted, governments and health experts still strongly advise the public to continue to...
Dunelm has said its full year profits will meet market expectations after third quarter total sales rose by 69% year-on-year to £399 million. The increase meant that year-to-date total sales were up 37% from the same period two years ago prior to the pandemic. While in-store sales were strong, online sales were...
Moda Furnishings has made two new appointments within its commercial and marketing teams. Nick Ashworth has joined the outdoor specialist as marketing director while Ella Broughton has become its head of product. Ashworth previously spent nearly a decade working with furniture retailer DFS where his most recent role was marketing director. Whilst...
Next has teamed up with a group of investment companies led by hedge fund Davidson Kempner to acquire the JoJo Maman Bébé baby products retailer. According to a report by the BBC, Next has taken 44% of the company’s shares while the rest have been acquired by investment companies managed or...
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