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Retail
HBC to launch Saks Fifth Avenue's online business as separate entity
HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a $500 million infusion from a U.S. private equity firm.
Fashion
Retail
Body Shop, Avon and Aesop all outperform for Natura in Q4
The Body Shop, Avon and Aesop owner Natura & Co reported a sales surge and net profits up 200% in Q4, with the Brazilian giant saying it's continuing to outperform the wider market.
Beauty
Retail
Frasers calls business rates relief "near worthless", reviews portfolio
In a typically blunt statement, Frasers Group has blasted Chancellor Rishi Sunak’s Budget as doing virtually nothing for hard-pressed retailers on business rates. And it seems some of its stores are at risk as a result.
Fashion
Retail
Hermès opens revamped Saint-Germain store
The house of Hermès has has opened its revamped flagship store in the Saint-Germain-des-Près quarter of Paris, in a significant recalibration of its product offer.
Luxury
Retail