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...The company said it expects first-quarter comparable-store sales to be at the low end of previous guidance....
...But much faster growth should come from the cosmetics and drugstore business....
...Seven stores will close immediately, with more sites to be targeted in the coming weeks....
...A CVA is a type of insolvency that usually results in landlords agreeing to hefty rent cuts in exchange for keeping stores open....
...It was acquired by the entrepreneurial Kreke family in 1969 and now operates 1850 stores in 22 European countries as well as one of the continent’s leading online shops for cosmetics....
...“We believe in stores . . . and it is actually in-store sales that drove our growth,” Motte said....
...The farmaceutica now has around 100 stores worldwide, but the original friary, with its frescoes by Paolino Sarti, remains a cult destination....
...It sold not just clothing, but also shoes and cosmetics, furniture and babywear (including chic black nappies), all desirable yet priced for a modest salary....
...Group sales at LVMH, which also includes Belmond hotels and cosmetics retailer Sephora, grew 3 per cent on an organic basis to €20.7bn, in line with consensus expectations....
...Buly 1803, a historic French perfume and cosmetics label....
...Leonard Lauder, the billionaire heir to the Estée Lauder cosmetics empire, coined the so-called lipstick index, whereby sales of affordable luxuries rise in economic downturns....
...“I don’t believe that many people actually understand our legacy in changing the course of cosmetics,” says Santos....
...He said household goods retailers, clothing shops and department stores all reported robust sales, with stores selling computers, sports equipment, toys and cosmetics benefiting in particular from promotions...
...Phase one, greenlit by Hidalgo in 2021, has paved the way for cosmetic tweaks that will refresh the avenue in time for the July Olympics....
...Within five months of Lush shutting down, Azarov launched the similar-looking cosmetics chain Oomph, partly to keep shelves stocked at stores whose leases could not be broken....
...The São Paulo-based company also owns door-to-door cosmetics seller Avon, which it bought for $2bn in 2019....
...It was bought by French cosmetics giant L’Oréal in 2006 and later acquired for £880mn by Natura in 2017....
...It enables the company to accommodate a proliferation of new product lines under the Zara brand, which now encompasses cosmetics, footwear and sports clothes as well as the homeware of Zara Home....
...Jagg is great for vintage jewellery, Galilu has a very good selection of cosmetics and perfumes, Branik has beautiful marble coasters, trays and candle-holders, and there’s a nice clothing store called Wonders...
...Arnault’s children work at the group, where they have been paired with mentors among his top executives, having been prepared for their roles since they were young, accompanying him as teenagers on weekend store...
...A collaboration with cosmetics giant Estée Lauder will launch in January. One aspect unlikely to change is her use of natural diamonds....
...The Body Shop has 10,000 employees across 3,000 stores in about 70 countries, according to its website....
...Other buys have included UK cosmetics maker Charlotte Tilbury and cult Swedish brand Byredo, as well as Jean Paul Gaultier and Dries Van Noten....
...Martin told me that he’s basically retrenched to the UK and pivoted to the domestic market, opening a couple of stores....
...The Covent Garden store, in London, next door to Apple, is the brand’s most successful....
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