P&G Flirts With Luxury Cosmetics (WSJ)
“Dolce & Gabbana The Makeup marks P&G’s first foray into upscale cosmetics, a huge jump from its drugstore CoverGirl and Max Factor brands.”
Retail sales slide in February (Drapers)
In the UK, “retail like-for-like sales fell 1.8% in February and fashion sales recorded their worst performance since last April as the end of the sales and bad weather hit trade.”
Retailers widen options, including more modest clothes (USA Today)
Modest clothes are making a comeback at U.S. Retailers.
Smythson considers sale (Drapers)
Smythson has hired advisors to help with a potential sale of the company.