Post by TheIndustry.beauty

This week we saw a big leadership shake-up, with Chief Operating Officer at Sephora announcing his departure to join PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, as its Chief Financial Officer. Speaking of career moves, we sat down this week with non other than Michelle Feeney, the founder of perfume brand Floral Street. In this interview she reflected on the moments that sparked her passion, the lessons that have guided her leadership and why creating products with purpose and longevity remains at the heart of everything she does. On the retail front, Rituals (B Corp™) has announced that it will invest €40 million to renew 1,500 boutiques across 30 countries. Meanwhile, David Beckhams’ wellness brand IM8 Health has also secured some serious investment. As it looks to accelerate customer acquisition and global expansion, it has received $1 billion (£746 million) in growth financing from General Catalyst’s Customer Value Fund (CVF). In other financial news, economic activity driven by TikTok contributed at least £10 billion in gross value added to the UK economy in 2025, according to new research, and beauty brands have seen the benefit.