Saks has unveiled a new 32,000-square-foot beauty space occupying the second floor of the retailer's NY flagship. The floor offers consumer experiences and 40% more space for 120 brands, nearly half of which are new.
In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.
Australia’s BWX, a marketer of natural skin and hair care products, said on Monday it received an unsolicited takeover offer from two of its senior executives and Bain Capital, valuing the company at A$803 million.
European bath and body brand Rituals has opened its first west coast store in San Diego. This is the 12th boutique in the US for the brand and the first in California, with the other 11 being located in New York.
According to a new report, the global organic personal care market will see a CAGR of 9.5% over the next seven years, building on a firmly established market in the US and growing demand in developing economies.
M&S has added experienced non-exec directors to its board as it prepares to deliver its latest results, with more store closures expected and potential demotion from the FTSE100 if its share price falls further.