LONDON — Feelunique.com is continuing its growth trajectory, reporting that annual revenues have exceeded 100 million pounds this financial year and the company is tracking 50 percent year-over-year growth.In the financial year ending March 31, the U.K.-based beauty e-tailer grew 27 percent year-over-year and reached 80 million pounds in sales. The months of November and December 2016 were the company's most profitable to date — it sold 1.4 million products, a 32 percent increase compared to corresponding months in the previous year. Average order values were also said to improve by 20 percent to 52 pounds.Feelunique, which now has dedicated web sites in the U.K., France, Germany, Norway, China and the U.S., said that the large variety of its product offer is one of the key factors driving its growth in online sales. It currently stocks over 28,000 products from brands such as Tom Ford, Charlotte Tilbury, Chanel, Dior and Dermalogica, among others.Expansion to new markets also accounts for the spike in sales. Following the launch of a dedicated Chinese web site, the region now makes up 1o percent of total revenues as compared with 2 percent last year. The retailer's expansion to France with a French language web site and the acquisition of French online beauty community The Beautyst contributed to growing its social following on Instagram from 525,000 followers to more than 1.2 million.Another major appeal Feelunique presents for beauty brands is access to Millennials, with up to 65 percent of its customers being under 35. As of September, it will offer brands the opportunity to have their own concessions on the web site and fulfill their own orders."The beauty market is experiencing a significant consumer shift to online purchasing. Through Feelunique's unrivaled product offering, coupled with our use of technology, we are changing the way consumers experience buying beauty online and this is being reflected in our annualized sales which now exceed 100 million pounds," said Joël Palix, chief executive officer of Feelunique. "Looking ahead, we will seek to further consolidate our leading position in Europe's key beauty markets as well as to grow our market share in Asia where we are working to enhance our operations to take advantage of the significant market opportunity."
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)