The latest news
Luna Daily enters the U.S., secures $3.7 million investment
Intimate care brand Luna Daily announced on Tuesday the brand's U.S. debut via a partnership with Sephora.
WBA reports rising sales, says Boots strengthened in Q2
With beauty and health retail giant Boots potentially up for sale again, its owner has released new figures showing its strength in the financial second quarter, the three months to the end of February.
Bed Bath & Beyond announces reverse stock split plan, shares drop
Bed Bath & Beyond said on Friday it was seeking shareholder approval for a reverse stock split, sending the struggling retailer's shares 13% lower in extended trading.
John Lewis losses grow, launches bigger costs-savings drive
When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis Partnership on Thursday.
John Lewis names non-exec Nish Kankiwala to new CEO role
It’s a big news week for John Lewis with its results due Thursday and a new concept store layout unveiled Tuesday. And Wednesday? Just the small matter of a new CEO.
Body Shop and Aesop owner Natura highlights sales progress, despite overall falls
The Brazilian beauty giant that owns The Body Shop, Aesop and Avon, talked of “a resilient performance” in Q4 with sales growth in constant currency. But sales still fell on a reported basis and it made a net loss.
Lush cuts ad spend with big tech, focuses on app and its stores
Beauty and personal care retailer Lush wants to slash its online ad spend with big tech firms, instead targeting smaller tech organisations and engaging open source solutions.
LVMH rejigs beauty division, names Stephane Rinderknech CEO
LVMH on Monday named Stephane Rinderknech as chairman and CEO of its beauty division, rounding out a series of broader management changes at the owner of Guerlain and Parfums Christian Dior.
Big spenders drive West End recovery despite footfall lag
The West End of London is recovering fast at present, updated figures from the New West End Company (NWEC) showed on Wednesday, as high-spending tourists cancel out slower footfall.
Paula's Choice launches in Sephora Canada
Skincare brand Paula's Choice announced on Tuesday an expanded partnership with global beauty retailer Sephora, bringing its best-selling products to Sephora Canada.
Unilever beauty ops perform well on price rises rather than volume growth
Unilever reported full-year 2022 results on Thursday with the consumer products giant saying it “carefully balanced price growth, volume and competitiveness to navigate through the high cost inflation environment”.
Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale
Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the struggling retailer tries to avoid bankruptcy.
Unilever to build Mexico plant as part of $400 million investment
Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three years, the company said on Tuesday.
Body care brand Maëlys launches in Canada
Body care brand Maëlys is expanding into Canada, via a new retail partnership with Shoppers Drug Mart.
Marco Marchi named president of Coin SpA
The founder of Liu Jo has been named president of Italian department store group Coin SpA. A former board member, Marchi succeeds Giorgio Rossi, who will stay on as a board member.
Hein Schumacher is new Unilever CEO
Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.