Spanish fashion group Puig has created a new holding company in the UK, and added five new members to the board of directors of its beauty brand Charlotte Tilbury, which has inked deals with Asos and Le Bon Marché.
Swedish online lender Klarna, one of Europe’s biggest fintech firm, is entering in Spain on Tuesday with its “buy now, pay later” service that allows shoppers to pay in interest-free installments at some retailers.
Featuring over 80 brands including Drunk Elephant, Milk Makeup and Supergoop, the digital storefront allows users to purchase products directly from their Instagram feed or stories using Instagram checkout.
Although many of this year's LGBTQ+ Pride Month marches have been canceled due to the coronavirus, in the worlds of fashion and cosmetics mobilization for the cause has not waned and will be mainly concentrated online.
As the beauty retailer promises to take a measured approach to reopening its physical stores in the U.S., it is also looking East to make up lost revenue, complementing its retail fleet in China with a new Tmall store.
After a two-month lockdown, the stores on Paris’s Champs-Elysées avenue opened again at 10 am on Monday, some with their customary queues outside, though the usual throngs of foreign tourists were sadly missing.