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CEO of AllSaints joins British Retail Consortium board

CEO of AllSaints joins British Retail Consortium board

​The British Retail Consortium (BRC) has beefed up the non-executive directors on its board with the appointment of two new names, including Peter Wood, the CEO of AllSaints.
Fashion
India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources

India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources

India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Beauty
L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary

L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary

French cosmetics group L'Oréal, owner of brands such as Yves Saint Laurent and Lancôme, has appointed Emmanuel Goulin as president and CEO of L'Oréal Italy. Goulin will succeed François-Xavier Fenart.
Beauty
Klarna Virtual Shopping launch aims to recreate in-store experience online

Klarna Virtual Shopping launch aims to recreate in-store experience online

​BNPL specialist Klarna has rolled out Virtual Shopping, “connecting online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalised experience online”. 
Fashion
Nexite announces major funding for physical retail-boosting tech platform

Nexite announces major funding for physical retail-boosting tech platform

Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Fashion
Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

​As the cost of living continues to rise, pressure is mounting on the UK government to push ahead to regulate the buy-now pay-later (BNPL) finance industry.
Fashion
Hedge funds, administrator are the winners after Debenhams collapse - report

Hedge funds, administrator are the winners after Debenhams collapse - report

​Failed businesses can yield rewards. Hedge funds that ran Debenhams look to have recovered most of their costs while the retailer’s administrators have clocked up £5.3 million in fees in the two years since bankruptcy.
Fashion
Google unveils new 10-shade skin tone scale to test AI for bias

Google unveils new 10-shade skin tone scale to test AI for bias

Alphabet Inc's Google on Wednesday unveiled a palette of 10 skin tones that it described as a step forward in making gadgets and apps that better serve people of color.
Beauty
Bazaarvoice Shopper Experience Index shows surging importance of UGC

Bazaarvoice Shopper Experience Index shows surging importance of UGC

UGC is becoming ever more important to the shopping journey and the latest international Shopper Experience Index report shows that “purchase influence has shifted from business-to-consumer, to consumer-to-consumer”.
Fashion
British publisher Future acquires Who What Wear

British publisher Future acquires Who What Wear

​UK publishing group Future, which owns titles including Marie Claire and Country Life, has acquired women’s lifestyle platform Who What Wear from US firm Clique Brands for what's reported to be around $100 million.
Fashion
UK plans to force landlords to let out empty stores confirmed

UK plans to force landlords to let out empty stores confirmed

​The UK government has confirmed earlier rumours that it has plans to force landlords to rent out empty stores to try to breathe life back into high streets.
Fashion
Beauty Bay abandons IPO plans, could now opt for sale - report

Beauty Bay abandons IPO plans, could now opt for sale - report

​Manchester-based beauty platform Beauty Bay has appointed bankers from Threadstone Capital to look at its options and could choose to put itself up for sale, a report said on Tuesday.
Beauty
UK could clamp down on influencer advertising over mental health impact

UK could clamp down on influencer advertising over mental health impact

​The UK government’s intended clampdown on influencer advertising that targets young people looks to be intensifying. And MPs claim regulation has failed to keep pace with the growth of online influencer culture. 
Fashion
Tough April for UK e-tail points to 'end of digital boom' - report

Tough April for UK e-tail points to 'end of digital boom' - report

​Good news for UK online fashion sales. Not so good news for digital beauty sales. Even worse for the e-tail industry as a whole. And after weak April numbers, it suggests the digital boom could well be over.
Fashion
Harrods launches Beauty Adventure with key category events this month

Harrods launches Beauty Adventure with key category events this month

​Not content with launching another branch of H Beauty a few weeks ago, Harrods is putting big support behind beauty in May as it invites consumers to enjoy ‘The Harrods Beauty Adventure’ at its Knightsbridge flagship.
Luxury
Squeezed Britons tighten belts, but fashion and beauty still on shopping list

Squeezed Britons tighten belts, but fashion and beauty still on shopping list

​There was good news and bad on UK spending on Tuesday as reports showed consumers are being impacted by higher prices, but are still spending on fashion and on activities that require new clothes and beauty products.
Fashion