All Health & beauty articles – Page 23
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News
Boots chief financial officer quits after five years
Boots chief financial officer Michael Snape has quit his role after five years, a year after its US parent Walgreens Boots Alliance halted plans to sell the business.
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News
THG faces push back from shareholders over ‘unjustified’ salary of new CFO
THG will face a shareholder dispute over the “unjustified” salary of new chief financial officer Damian Sanders at its annual general meeting later this month.
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News
Revolution Beauty revenues slip as it navigates accounting scandal
Revolution Beauty revenues have slipped as the brand continues to navigate an audit investigation that revealed “unacceptable” business practices.
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Analysis
Strategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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News
Superdrug slashes prices on own-brand suncare range
Superdrug has reduced the price of its own-brand suncare Solait by 20% as it “recognises sun protection as a healthcare essential and not a beauty product”.
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News
Revolution Beauty investigation reveals ‘unacceptable’ business practices
Revolution Beauty’s audit has revealed several “unacceptable” business practices that it has vowed to never repeat.
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Interview
Q&A: Zero-waste beauty brand SBTRCT founder Ben Grace on why less is more
After spending 10 years as the managing director of men’s skincare brand Bulldog, Ben Grace launched SBTRCT in August 2020 with “a mission to create the highest-performing skincare products with the lowest environmental impact”.
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Innovation of the Week
From ChatGPT to DNA testing – 13 innovations changing retail
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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News
THG ends takeover talks with Apollo claiming offer lacks ‘merit’
THG has terminated all discussions about a possible takeover with private equity firm Apollo Global Management, claiming there was “no longer any merit in continuing to engage”.
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Interview
Q&A: Space NK’s Andy Lightfoot on being truly multichannel and fighting competition
Space NK chief executive Andy Lightfoot speaks to Retail Week about the importance of high streets in today’s climate, the true meaning of experiential retail in beauty, Sephora and his journey at the retailer since being promoted four years ago
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News
Zero-waste beauty brand SBTRCT gets B Corp certification
Homegrown sustainable skincare brand SBTRCT has become a certified B Corp, joining 6,279 companies globally and 1,300 companies in the UK.
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News
Natura profits increase but The Body Shop continues to face challenges
Natura &Co posted strong profitability in the first quarter of 2023, but said The Body Shop was “still showing top-line challenges” as revenues fell.
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News
Holland & Barrett acquires fit-tech start-up Avie as it looks to go beyond retail
Holland & Barrett has acquired fit-tech start-up Avie as it looks to “extend its reach beyond retail through the creation of personalised wellness solutions”.
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News
Exclusive: Space NK to open first Welsh store as it goes on expansion trail
Space NK is set to expand its bricks-and-mortar offering with a debut store in Wales opening at the end of this summer, Retail Week can reveal.
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News
Apollo enlists former Coty and Holland & Barrett bosses to advice on THG buyout
Private equity firm Apollo Global Management has recruited former Coty boss Camillo Pane and former Holland & Barrett chief executive Tony Buffin to advise on a THG buyout.
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News
Sephora London store performing ‘300% better than expected’
The boss of Sephora owner LVMH’s selective retailing division has said its recently opened London store is performing more than 300% better than was predicted.
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News
UK beauty sales driven by bricks and mortar as ecommerce falters
All beauty market gains came from in-store retail in 2022 as ecommerce sales across the whole economy in the UK fall to pre-pandemic levels, new research by the British Beauty Council has found.
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News
Amazon launches new scheme to help track counterfeit goods
Amazon has launched a new initiative aimed at helping retail stores identify and track marketplace counterfeits.
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Gallery
Store gallery: Rituals’ sakura-themed, experiential pop-up space
Rituals has opened an immersive, sakura-themed pop-up space in Covent Garden, London.
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News
Lush unveils pay rise for staff as inflation soars
Lush has announced a 10% pay rise for its retail staff in line with the real living wage set by the Living Wage Foundation.