French beauty products giant L'Oreal said Tuesday it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil's Natura Cosmeticos for one billion euros ($1.1 billion).
Debenhams' trading update paints a picture of a market that's tough and a turnaround plan that's still a work in progress. Sales have slowed recently, even online, but a beauty focus and its new Preen offer look strong.
Physical stores remain key to UK prestige beauty sales with rising turnover and more initiatives to engage customers face to face. But online growth is exploding, according to new data from research firm NPD Group.
UK make-up firm Warpaint is going from strength to strength and early results for its Very Vegan launch look good, meaning more new lines are on the agenda. And while business in Europe is slow, the US is booming.
Europe’s biggest health & Wellness chain Holland & Barrett will be bought by a Russian tycoon for £1.77bn after growing sales by 90% since 2010. Superdrug owner AS Watson had also wanted to buy the fast-expanding chain.
The San Francisco-based skincare company is asking its fans to upload makeup-free selfies with the hashtag #RFGoNaked. For every selfie posted, Rodan + Fields will donate a dollar to Prescription for Change® Foundation.
Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.