Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
India’s leading beauty and salon-at-home service providers Yes Madam has strengthened its presence with the expansion of its services in the city of Mumbai with the addition of new locations to its service list.
L Brands Inc. said on Tuesday the firm is increasing its second quarter earnings guidance, as strong customer response to merchandise assortments and improved inventory management saw promotional activity reduced.
Fast-moving consumer goods giant Emami has increased its product prices by 4% on average this fiscal year in a move designed to retain its profit margin and has launched rural expansion project ‘Khoj’ in Uttar Pradesh.
Personal care brand Patanjali has again caused controversy with the Indian Medical Association accusing the firm's founder, Ramdev, of defaming scientific medicine in a recent video. The business has denied the claims.
Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.