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Bain and CVC to link up on Boots bid - report

Bain and CVC to link up on Boots bid - report

Two of the world’s biggest private equity names are teaming up to bid for giant UK health & beauty retailer Boots. Bain Capital and CVC Capital have thrown their hats into the ring.
Beauty
Rituals Cosmetics gets B Corp certification

Rituals Cosmetics gets B Corp certification

​Talking a good game on all-things sustainable is one thing. Proving you can walk the walk is another. So fast-expanding luxury beauty brand Rituals Cosmetics has announced it is now a ‘Certified B Corporation’. 
Beauty
Yves Rocher appoints Jean-David Schwartz as managing director

Yves Rocher appoints Jean-David Schwartz as managing director

The Rocher group has recently appointed Jean-David Schwartz as managing director of its leading brand, Yves Rocher.
Beauty
Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

Fragrance Shop sees opportunity to expand, stays profitable in pandemic year

​The Fragrance Shop is planning to add more store to its UK portfolio even though some of its locations are facing challenges due to the rapid shift online of the past few years.
Beauty
Selfridges UK stores saw revenues falling 40% in first pandemic year

Selfridges UK stores saw revenues falling 40% in first pandemic year

​Selfridges Retail Limited has filed its full accounts for the year to the end of January 2021 and they show the devastation that the pandemic wreaked in what should have been another good year for the company.
Luxury
Boots recovery boosts WBA results, Walgreens also strong

Boots recovery boosts WBA results, Walgreens also strong

​Walgreens Boots Alliance is upbeat as its first quarter beat expectations and it upgraded its full-year earnings guidance aided both by its US ops and a recovery in its UK unit.
Beauty
New mega beauty line N°1 De Chanel is first for luxury house

New mega beauty line N°1 De Chanel is first for luxury house

Chanel is gearing up for the launch this month of one of its most significant beauty lines yet as it mixes skincare with fragrance and make-up for the first time and adds in a strong sustainability element.
Luxury
Physical stores are key locations for beauty shopping, but social is growing - report

Physical stores are key locations for beauty shopping, but social is growing - report

​Beauty shoppers may have been turning online both through choice and out of necessity during the pandemic, but shopping in physical stores remains their preferred way of buying beauty products, a new study shows.
Beauty
The Perfume Shop sees strong Christmas trading

The Perfume Shop sees strong Christmas trading

The perfume shop enjoyed healthy Christmas trading with the retailer saying on Tuesday that its sales rose as much as 29% from October to December, compared to the pre-pandemic festive shopping season in 2019.
Beauty
Tory Burch's Muratore on tech and the power of change

Tory Burch's Muratore on tech and the power of change

"Challenge the status quo and do not settle.” That is the mantra of Magali Muratore, who joined New York-based fashion brand Tory Burch LLC in July as executive vice president and chief technology officer.
Fashion
Paris Hilton launches metaverse business on Roblox

Paris Hilton launches metaverse business on Roblox

Paris Hilton has created an island in the online virtual world, dubbed Paris World. Like other virtual hangouts, Paris World will collect small payments for purchasing virtual clothing and other experiences.
Fashion
Harvey Nichols sales fall, losses grow, but it raises fresh funding

Harvey Nichols sales fall, losses grow, but it raises fresh funding

​Harvey Nichols saw its sales plummeting in the year to the end of March with a drop to £121 million from a pre-pandemic £222 million.
Luxury
Central and Signa win Selfridges, Holt Renfrew not included

Central and Signa win Selfridges, Holt Renfrew not included

​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”.
Fashion
Central and Signa 'close to' Selfridges takeover - report

Central and Signa 'close to' Selfridges takeover - report

​Thailand-based Central Group may have denied that it's going to buy Selfridges, but UK press reports continue to link it to the takeover and suggest that a deal is on the verge of being signed.
Fashion
Mike Ashley said to be mulling taking Frasers Group private

Mike Ashley said to be mulling taking Frasers Group private

​There’s speculation this week that Frasers Group’s majority shareholder Mike Ashley is planning to take the group private after nearly 15 years as a listed company.
Fashion
Dior names soccer star Kylian Mbappé as ambassador for menswear and Sauvage scent

Dior names soccer star Kylian Mbappé as ambassador for menswear and Sauvage scent

The house of Dior has chosen French World Cup winner Kylian Mbappé to be its latest ambassador for menswear and the Sauvage scent. The 22-year-old was the star striker when France won the 2018 World Cup in Russia.
Beauty