Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Consumers expect hybrid malls that include “global experiences, interactions and social connections in a networked physical setting that is close to home” to become common by the end of the decade, a new study claims.
Collagen, lip liner, perfume and miniatures are four of the beauty products that have been “must-haves” over the past 12 months and will be key in 2022, John Lewis said in its latest Beauty Bets report on Wednesday.
The Bolingbrook, Illinois-based cosmetics retailer revealed on Thursday that its net sales for the third quarter totaled $2.0 billion, up 28.6% from $1.6 billion in the same period in the previous year.
Estée Lauder had some big executive announcements this week spanning its domestic US market and Asia/Pacific. But perhaps the most interesting part of the news was the fact that it’s “elevating” its Chinese market.
The Denton, Texas-based professional hair and beauty supply company announced net sales of $3.87 billion in its fiscal year 2021, which ended September 30, an increase of 10.3% from $3.51 billion in the previous year.