According to Chrissy Teigen, the Accessories Council Excellence Awards, aka ACE Awards, are officially becoming the First Tuesday in May. The annual event marked its 30th anniversary with a new location, the Pierre Hotel, and since moving from November to May in 2023, a new energy. Guests arriving at the affair on a seasonably warm … Read more
Beauty e-tail giant and e-commerce tech specialist THG had good news on Wednesday with its preliminary FY23 results containing some positive figures. THG But the firm’s shares still fell very slightly on Wednesday morning, although this could have been a reaction to the fact that they’ve risen in recent days after the company’s founder made … Read more
Walgreens Boots Alliance Q2 results were “in line with expectations”, the company said late last week. And while it was loss-making in the three months to February, there were positives in the figures, including its UK Boots operation continuing to outperform. Boots Looking first at the company-wide figures, sales rose 6.3% to $37.1 billion, despite the … Read more
Cult menswear brand Rowing Blazers announced on Monday it has sold a majority stake in the business to Burch Creative Capital, and partners Tom Vellios, co-founder of Five Below, and Jason Epstein, partner at Stonecourt Capital. FInancial terms of the sale were not disclosed. Courtesy The acquisition will allow Rowing Blazers to hire in key positions, develop its women’s … Read more
Beauty e-tail giant and e-commerce provider THG said on Tuesday that its fourth quarter – the period up to the end of December – was in line with expectations and guidance, as was its full year. THG The group returned to revenue growth when looking only at its continuing businesses in Q4. THG had sold … Read more
Online retail specialist THG announced on Tuesday that it’s agreed to acquire prestige skincare brand Biossance for a “maximum consideration” of $20 million. The purchase comes after Biossance’s owner, US biotechnology group Amyris Inc, recently launched voluntary Chapter 11 bankruptcy proceedings. THG won the auction for the brand last week, taking on its assets including … Read more
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