Chanel expects to be riding high again this year after a tough 2020, with sales forecast to rise in double-digits. That’s according to the company’s CFO on Tuesday after it released its pandemic-hit 2020 figures. 

Shiseido, impacted by the pandemic in 2020, is launching three of its perfume brands on Chinese online platform Tmall with the aim of attracting young consumers who are increasingly interested in the world of fragrance.

Boohoo’s trading update on Tuesday showed that the pureplay e-tailer continued to prosper in Q1, even after UK physical stores reopened in April, although there were challenges in some markets and margins were squeezed.

Global home products giant Unilever announced on Monday an agreement to acquire digital-led skincare brand Paula’s Choice from TA Associates.

French shoppers have favoured Dior, Chanel and Saint Laurent since the end of May 2020, according to a YouGov study, and have opted more for fragrances and cosmetics than for fashion categories.

The Pierre Fabre Group, which is behind brands like Avène and Klorane, has unveiled its Green Impact Index, a tool destined to provide users with information on the environmental and societal impact of its cosmetics.

​Beauty e-tailer Cult Beauty has filed its full-year results for the 12 months to May 31 2020 and they show that it enjoyed what it called “another great year”, despite the pandemic affecting over two months in the year.

​Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.

Tattoo-inspired vegan beauty brand, KVD Beauty, founded as Kat Von D Beauty, announced on Thursday British makeup artist Nikki Wolff, as its new global director of artistry. 

​Sourcing platform RangeMe has launched in the UK. It offers retailers instant access to over 200,000 suppliers and more than 750,000 products from around the world, with beauty being one of its big categories.

​Former Sports Direct boss Dave Forsey, 55, has become managing director of fast-growing Revolution Beauty, five years after he left the sports retailer that he’d joined at the age of 18.

​Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.

​ASOS has added to its Face + Body beauty offer with the company teaming up with British fresh handmade cosmetic pioneer Lush. 

Salvatore Ferragamo is in negotiations with fragrance group Interparfums, which produces perfumes for brands including Coach and Jimmy Choo, about a licensing deal for the development of its own fragrances. 

​Body Shop owner Natura &Co has unveiled Fable Investments, a investment vehicle set up to support beauty, health and wellness companies. And its first investment is in Britain's Perfumer H.

Estée Lauder announced on Thursday fashion model Adut Akech as its newest global brand ambassador.