Beauty
The latest news
THG surges after rejecting buyout bid, attracting more interest
The owner of Myprotein supplements late on Thursday rebuffed an offer of 170 pence per share from Belerion Capital and King Street Capital Management, saying it undervalued the company.
Beauty
Klarna to mark 150m consumers milestone with global Dream Days sales event
BNPL giant Klarna has been growing fast and clearly wants to grow even faster with the payments firm about to launch a three-day event targeting its many millions of consumers around the world.
Fashion
Hugo Boss COO to leave this month
Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.
Luxury
UK's THG rejects bid approach; entrepreneur Candy shows interest
British e-commerce company THG was at the centre of a bid battle on Thursday, rejecting an offer from two investment groups and learning that local entrepreneur Nick Candy was considering making a bid.
Beauty
L'Oréal acquires Byredo
Global beauty giant L'Oréal is finalizing the acquisition of Byredo, backed by British fund Manzanita Capital, the owner of Diptyque and Malin+Goetz, according to a report from French newspaper Le Figaro.
Beauty
URW rolls out Westfield brand to trio of European flagship locations
Malls giant Unibail-Rodamco-Westfield (URW) is continuing to roll out its Westfield brand to more locations and has announced that it’s rebranding three flagship centres under that name.
Fashion
Grosvenor links with True on social shopping innovation hunt
Landlord Grosvenor has launched an interesting project, unveiling “an innovation challenge seeking to find new technologies and partners that are putting customer experience at the heart of bricks and mortar retail”.
Fashion
ASOS chairman Dyson takes same job at Currys, but stays with ASOS for now
ASOS Chairman as Ian Dyson is to take up the same post at electricals retailer Currys. He'll remain with ASOS for now and the firm will replace him once it has appointed a new CEO, with its CEO search still under way.
Fashion
Canada’s Bite Beauty closes shop after a decade of business
Canada’s Bite Beauty took to social media this week to announce it is going out of business following a decade in the industry.
Beauty
Waste is the latest source of inspiration for perfumers
Previously destined for a life in the trash, strawberry residue, tangerine peels, and carrot seeds are now part of the new olfactory palette of the fragrance world.
Beauty
India's Reliance to acquire dozens of brands in $6.5 billion consumer goods play - sources
India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever.
Beauty
Lady Gaga rebrands cosmetics line, inks Sephora deal
Lady Gaga's vegan and cruelty-free cosmetics brand Haus Laboratories is getting a revamp and new retail partner.
Beauty
Fenty Beauty, Skin to make Africa debut
Fenty Beauty and Fenty Skin will launch across eight different markets in Africa, as the company's founder, Rihanna, looks to expand her skincare and beauty brand across the globe.
Beauty
L'Oréal names Emmanuel Goulin president and CEO of Italian subsidiary
French cosmetics group L'Oréal, owner of brands such as Yves Saint Laurent and Lancôme, has appointed Emmanuel Goulin as president and CEO of L'Oréal Italy. Goulin will succeed François-Xavier Fenart.
Beauty
Klarna Virtual Shopping launch aims to recreate in-store experience online
BNPL specialist Klarna has rolled out Virtual Shopping, “connecting online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalised experience online”.
Fashion
Shiseido cautious about 2022 forecast
On Thursday, Japanese cosmetics group Shiseido confirmed its prudent forecast for the 2022 financial year, stating it is “hard to quantify precisely” the impact of the pandemic and of geopolitical tensions.
Beauty