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Shiseido in negotiations to sell personal care business to CVC

Shiseido in negotiations to sell personal care business to CVC

The Japanese beauty giant confirmed on Friday that it is in negotiations with CVC to sell the investment fund its consumer personal care business, the value of which is reported to be over $1.45 billion. 
Beauty
Selfridges gets through 2020 in good shape, pre-pandemic sales rose

Selfridges gets through 2020 in good shape, pre-pandemic sales rose

​Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Luxury
Comfortwear, beauty, jewellery top lockdown Xmas buys says Clearpay

Comfortwear, beauty, jewellery top lockdown Xmas buys says Clearpay

Buy Now, Pay Later online payments platform Clearpay has released its October-December trends, confirming comfortable clothing, jewellery and beauty were the holiday shopping season’s top picks.
Fashion
Space NK sales and profits rose pre-Covid

Space NK sales and profits rose pre-Covid

Space NK was continuing to progress steadily pre-pandemic, its latest results show. But while Covid has impacted it more recently, its online channel and wholesale have been sources of strength.
Beauty
Net-A-Porter launches social-first digital beauty festival

Net-A-Porter launches social-first digital beauty festival

​Luxury e-tailer Net-A-Porter has this week launched a social-first, digital Beauty Festival called ‘The Beauty of You’ with plans for it to be an annual event.
Luxury
Boots struggles in Q1, despite surging e-sales and higher beauty market share

Boots struggles in Q1, despite surging e-sales and higher beauty market share

​Boots has been a drain on its parent company Walgreens Boots Alliance for a while and although WBA said on Thursday that the group’s Q1 trading was better than expected, the UK operation continued to struggle.
Beauty
Perfect Corp. secures $50 million in funding round led by Goldman Sachs

Perfect Corp. secures $50 million in funding round led by Goldman Sachs

The beauty technology solutions provider behind YouCam Makeup announced on Wednesday that it has raised $50 million through a Series C funding round led by global investment bank Goldman Sachs.
Beauty
How fashion brought positivity to Gen Z during the pandemic

How fashion brought positivity to Gen Z during the pandemic

Generation Z sought solace in shopping -- no doubt online -- as a means to bring a touch of positivity to their lives in 2020, preferring to invest in fashion over entertainment and even social media.
Fashion
Henkel names new North America leadership team

Henkel names new North America leadership team

German chemical and consumer goods group Henkel announced on Thursday a series of appointments to the company’s North America leadership team. 
Beauty
Coty promotes Laurent Mercier to chief financial officer

Coty promotes Laurent Mercier to chief financial officer

Mercier, who is currently Coty’s deputy CFO, will begin as CFO on February 15, 2021. 
Beauty
Beauty shoppers turn online but stick with what they know - report

Beauty shoppers turn online but stick with what they know - report

​Consumers may be buying more beauty products online, but they’re less experimental when they do so and tend to stick to what they know.
Beauty
H&M Group's Afound launches into beauty

H&M Group's Afound launches into beauty

​Afound, the newest brand in the H&M Group portfolio, has this week launched a beauty offer that promises to deliver to “existing and new customers the chance to find their favourite products at a great price”.
Beauty
Body Shop and Avon owner Natura sees strong Q3, outpaces wider C&T market

Body Shop and Avon owner Natura sees strong Q3, outpaces wider C&T market

​Natura & Co, the Brazilian beauty giant that owns The Body Shop, Avon and Aesop, saw revenue rising healthily in Q3 as it beat the overall growth in the cosmetics and toiletries market globally.
Beauty
MAV Beauty Brands Q3 earnings rise 21%

MAV Beauty Brands Q3 earnings rise 21%

The Vaughan, Ontario-based personal care group announced third-quarter net income of $3.6 million on Friday, a 21% increase compared to the $2.9 million reported by the company in the prior-year period.
Beauty
Revlon avoids bankruptcy, reports 20% decline in sales

Revlon avoids bankruptcy, reports 20% decline in sales

The New York-based cosmetics company announced on Thursday that it no longer expects to make a filing for Chapter 11 bankruptcy, thanks to a last-minute debt deal, and also reported a 20.1% decrease in Q3 revenues.
Beauty
Sally Beauty unveils premiere SallyCrew

Sally Beauty unveils premiere SallyCrew

The four SallyCrew members will play a pivotal role in Sally Beauty's new education initiative, DIY University by Sally Beauty -- a program centered around educational content for the at home DIYer.
Beauty