Thank goodness for lockdown savings and buy-now-pay-later services. It appears both will be key in consumers maintaining their spending habits despite increased pressure on household budgets, according to a report.
Online beauty and technology group THG reported its preliminary results for last year on Thursday, plus a Q1 trading update that showed it weathering the current inflation and supply chain storm fairly well.
Victoria’s Secret & Co. announced on Tuesday the launch of a new fully digital brand for tweens, as the U.S. giant continues to expand beyond its namesake lingerie brand, and looks to enter the metaverse.
Italian fashion influencer Chiara Ferragni has signed a global license agreement for the production, distribution and promotion of a first line of fragrances in her name, with producer Angelini Beauty.