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Lululemon expects holiday-quarter revenue, profit to be at top end of prior forecast

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January 13, 2026

Apparel retailer Lululemon Athletica said on Monday it expects fourth-quarter revenue and profit to be toward the high end of its previous forecast range on the back of strong demand during the holiday season.

Lululemon

Shares of the company were up about 1% in premarket trading. They had fallen nearly 46% in 2025.

The positive forecast comes as Lululemon contends with challenges, including a proxy fight launched by its founder Chip Wilson, while striving to reignite demand from young and affluent shoppers amid stiff competition and pressure from activist investor Elliott Management.

The athleisure maker had previously projected fourth-quarter revenue to be between $3.50 billion and $3.59 billion, and earnings per share in the range of $4.66 to $4.76.

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THG upbeat as Beauty sees strong Q4

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January 13, 2026

THG’s trading update on Tuesday showed a record revenue performance in the second half and outperformance in its Beauty division during Q4.

THG

The company said H2 (the six months to the end of December) saw group revenue up 6.7% year on year, well ahead of the 3.9%-5.9% guidance range.

THG Beauty delivered 5.5% adjusted H2 revenue growth, also easily ahead of its guidance that had been only around +1%-+3%. THG Nutrition was up 9.2%.

In Q4 alone, THG Beauty revenue rose 2.2% to £370.2 million and was up 6.4% on a continuing constant currency basis.

Overall, the company said Q4 was the strongest quarter of FY25 for the business, supported by a successful November and December performance.

And for the full year, revenue growth of 2.3% was the first year of growth since 2021 as well as an encouraging recovery from the H1 revenue decline of 2.5%. 

As for THG Beauty specifically, its strength saw it turning in its best Q4 growth performance since Q4 2021. It was driven by Lookfantastic (+16.2%) in the UK and Ireland. But the effect of discontinued activities and asset disposals (including the sale of the luxury portfolio) impacted full-year and Q4 2025 reported revenue growth by 460bps and 370bps, respectively.

On the revenue growth side for its continuing operations, the company that also owns Dermstore and Cult Beauty said Beauty’s Q4 performance was broad-based across categories, “helping deepen penetration in established and high-growth segments. Cosmetics and Skincare drove the strongest performance, with both gaining UK market share, alongside a record advent contribution”.

Lookfantastic had partnered with Uber Eats, “allowing London-based customers access to same-day delivery for a range of curated beauty and fragrance essentials, further supporting its focus on streamlining the product discovery and purchase experience”.

Within Own Brands, the Perricone MD performance improved in the period after a “challenging” H1, “driven by investment in brand and formulation, alongside expanded B2B distribution”. 

Also, 60 ESPA SKUs were launched in over 100 M&S stores and online, “building brand visibility and aid[ing] awareness for the luxury spa and skincare brand, leveraging access to the Sparks reward scheme members”.

CEO Matthew Moulding said: “We finished 2025 on a high with our best quarter of the year thanks to a strong November and December period. In THG Beauty, our strategy to focus on core categories and territories is delivering clear results, with Lookfantastic UK achieving exceptional growth. We continue to accelerate our digital leadership, prioritising high-margin prestige brands and enhancing personalisation by increased use of AI and virtual tools.

“We enter the new year with strong trading momentum and a clear focus on continuing to deliver quality, value and newness for our customers.”

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Sosandar hails strength in Golden Quarter, says momentum is building

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January 13, 2026

Sosandar’s trading update for the festive quarter on Tuesday talked of momentum continuing to build “with significant growth in own-site revenue”.

Sosandar

The womenswear retailer also said that trading was in line with full-year expectations in the last three months of 2025.

Revenue rose 10% to £13.4 million with own-site revenue rising 27%. And the gross margin of 66% was up from 64.7% in the prior year, driven by an improved intake margin.

It’s part of the brands at M&S offer and its strength came despite M&S continuing to trade with stock levels below the prior year following its well-publicised cyber incident, but with stock levels expected to normalise by the imminent spring season.

Sosandar also said it has seen an encouraging performance through stores, with sales ahead of the prior year.

It all means that the strong trading of H1 continued in H2, which is good news for the brand that had previously seen a slowdown in its fast growth.

As for the strong own-site performance, the company said it saw higher site traffic, improved conversion rates and increased order volumes from new and existing customers.

Co-CEOs Ali Hall and Julie Lavington said that “the foundations have been laid for sustained profitable and cash-generative growth and we are excited for what 2026 will bring”.

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Faume showcases at NRF trade show ahead of launching resale solution in US

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January 13, 2026

Faume is taking its first step into America. The French start-up is taking part in the NRF trade show in New York, dedicated to retail and innovation, until January 13. The company, which specialises in managing second-hand assortments for mid- to upper-premium ready-to-wear brands, is part of the French contingent led by Business France.

The company supports several accessible luxury brands in their second-hand business. – Ba&sh

“We know that U.S. retailers are highly attuned to innovation, so this is an opportunity for us to make initial contact,” explained company co-founder, Aymeric Déchin.

“While there, we will also meet our European clients and set out our approach to the U.S. market. By supporting them in this market as well, we will demonstrate our model to American stakeholders.”

Indeed, the company, founded in Paris in 2020 by Aymeric Déchin, Nicolas Viant, Jocelyn Kerbourc’h and Lucas Patricot, is laying the groundwork to launch its business across the Atlantic, after expanding in Europe, particularly in Germany, the Benelux and the UK.

With a portfolio of 45 client brands in Europe, including Sandro, Ba&Sh, G-Star, Paul Smith and Ami, and nearly 400,000 reconditioned items sold via its white-label platforms for brands, Faume is setting up an office in New York with the ambition of starting operations in the second half of 2026.

Jocelyn Kerbourc’h, Lucas Patricot, Aymeric Déchin et Nicolas Viant
Jocelyn Kerbourc’h, Lucas Patricot, Aymeric Déchin et Nicolas Viant – Faume

The company supports brands across their entire second-hand strategy, from sourcing items and organising logistics to resale both online and in store. Last year, it strengthened its technical capabilities, recruiting pricing and data specialists, after raising €17 million in early 2025 from longstanding investors Amundi Private Equity Transition Juste, Daphni and Bpifrance via its Digital Venture fund, and from business angels including Michaël Benabou, Stanislas de Quercize and Thibaud Hug de Larauze. It is also accelerating its geographical expansion.

Its move into the North American market is being undertaken in conjunction with its partner Erren Recondition, with whom it already works in Europe. The Dutch company, which, according to the Faume team, meets the requirements for high-end reconditioning, optimisation of local logistics and adherence to brand standards for image, quality and customer experience, will operate a logistics facility in the state of Alabama.

“We see an opportunity because most of our customers already generate 10% to 30% of their business in the US market. It therefore makes sense for them to run their second-hand operations locally,” said Déchin, who also points out that the U.S. second-hand fashion market is already worth over $50 billion and is growing three times faster than the market for new.

“Today, most existing players offer peer-to-peer resale solutions. We believe we offer a different solution for brands.”

Drawing on leading European success stories, some of which generate up to 10% of their online sales from second-hand, the French company intends to continue to scale up and is aiming for profitability by 2028.

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