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India’s top online beauty retailer eyes growth in the UK and beyond

By Bloomberg Published August 28, 2025 India’s largest online beauty retailer, FSN E-Commerce Ventures Ltd., the parent company of Nykaa, is taking its first major step outside its home market. The Mumbai-based group is rolling out its Kay Beauty brand in the UK this week through Space NK, owned by Ulta Beauty Inc., Co-Founder and […]

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End of VAT-free shopping for tourists ‘cost West End £300m+ in H1’

Published August 28, 2025 New research shows the West End of London lost £310 million in potential sales during the first half of the year because of the absence of the tax-free tourist shopping perk that used to attract high-spending visitors to the UK. Photo: Sandra Halliday That’s according to representative body the New West

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Prada goes pop-up crazy at Selfridges with two separate spaces

Published August 28, 2025 This week’s arrival at one of London’s key pop-up spaces — The Corner Shop at Selfridges — is Prada, with the latest in a series of Corner Shop residencies for the influential Italian label being its Prada Natural offer.  Open until 20 September, it features a new selection of men’s and

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Smythson opens at Liberty, Pulco at Harrods and Samsøe Samsøe at Selfridges

Published August 28, 2025 Central London’s department stores continue to attract brands for pop-ups and permanent spaces with Selfridges, Harrods and Liberty all adding key names recently. Smythson at Liberty Luxury lifestyle brand Smythson of Bond Street has opened a new concession in the latter. It’s in Liberty’s homewares department on the third floor. The

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Abercrombie & Fitch raises annual sales forecast on Hollister strength

By Reuters Published August 27, 2025 Abercrombie & Fitch raised its annual sales forecast on Wednesday, driven by robust demand for Hollister dresses and denim jeans as shoppers prioritize spending on trendy apparel undeterred by price hikes. Abercrombie & Fitch The apparel retailer, whose denim jeans are priced at an average of $100, has driven

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US tariffs rattle Indian exporters, fueling calls for support

By Bloomberg Published August 27, 2025 Indian exporters hit by President Donald Trump’s 50% tariff say they can’t survive without government support, as calls for relief grow. Bloomberg The tariffs — which took effect Wednesday in Washington — doubled the previous 25% duty and are now among the highest in Asia, leaving Indian goods uncompetitive

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After Sydney Sweeney controversy, American Eagle taps Travis Kelce to sell jeans

By Bloomberg Published August 27, 2025 On the back of the American Eagle Outfitters Inc. Sydney Sweeney buzz, the company has nabbed Travis Kelce as its newest face. American Eagle X Tru Kolors AE x Tru Kolors, Kelce’s brand, released a collaboration with the jeans maker including t-shirts and sweatshirts branded with the Kansas City

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A summer roundup of news from the beauty industry: amidst flagging results and economic turbulence

Published August 27, 2025 As summer draws to a close, it’s time to take stock for global beauty players. The 2025 summer season has been marked by mixed financial publications, against a backdrop of slowing consumer spending, markets that have become unpredictable and, above all, the forthcoming rise in customs duties in the United States.

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Swatch gains as Hayek eases investor concerns over US tariffs

By Bloomberg Published August 27, 2025 Swatch Group AG shares jumped after Chief Executive Officer Nick Hayek soothed investor nerves over the impact of Donald Trump’s tariffs on the watchmaker’s US business. Swatch Hayek told investors on a call that the US watch market remains strong and that Swatch has raised prices and built up

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