All Health & beauty articles – Page 24
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News
The Body Shop chief executive David Boynton steps down
Cosmetics giant Natura & Co has announced David Boynton will be stepping down from his role as chief executive of The Body Shop at the end of this month.
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Superdrug to expand bricks-and-mortar estate with 25 new stores
The health and beauty retailer has announced its plans to invest in 25 new stores this year as it looks to strengthen its store infrastructure.
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THG enjoys sales growth but misses downgraded earnings guidance
THG has reported an increase in revenue but missed its downgraded EBITDA expectations.
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THG shares surge off the back of private equity buyout approach
THG shares have surged after the retailer confirmed it received “a highly preliminary and non-binding indicative proposal” for a buyout from private equity firm Apollo Global Management.
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Innovation of the Week
Innovation of the Week: Alibaba and L’Oréal partner to promote circular beauty in China
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
Superdrug and Savers become latest retailers to offer flexible pay
Superdrug and Savers have announced new benefits to help employees manage the cost-of-living crisis, including offering early pay and partnering with financial wellbeing and digital healthcare apps.
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Holland & Barrett weighs up last-minute Planet Organic bid
Holland & Barrett, which is owned by Russian-linked investment group LetterOne, may be in talks to acquire struggling grocery chain Planet Organic and other assets, Sky News has reported.
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Boots hails new range as ‘biggest-ever cosmetic science innovation’
Boots has launched a new No7 Beauty Company skincare range, Future Renew, calling it the “biggest cosmetic science innovation” in the brand’s history.
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Data
Shopfloor pay ranking: How much do UK retailers pay?
Our ranking of shopfloor pay at the UK’s biggest retailers shows a rapid pace of change, but with shrinking volumes and rampant inflation to consider, how high can it realistically rise?
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Data
Forecast: The trends shaping health and beauty in 2023 and beyond
The Retail Week analyst team predicts the UK health and beauty market will grow at a compound annual growth rate (CAGR) of 3.9% to 2026/27 as retailers fight to gain market share in this lucrative category.
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News
Space NK set to make city debut with new store at Liverpool One
Space NK is set to open its first store in Liverpool at Liverpool One shopping centre, joining the extensive range of premium lifestyle brands on Peter’s Lane.
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THG strikes 10-year partnership with ecommerce retailer Maximo Group
THG has announced a 10-year strategic partnership with beauty ecommerce retailer Maximo Group, which owns sites such as allbeauty.com and fragrancedirect.co.uk.
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Battersea Power Station records 5 million visitors
London’s newest shopping destination, Battersea Power Station, has welcomed more than 5 million visitors since opening its doors to the public six months ago.
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H&M Beauty to open first flagship store in Oslo
H&M Beauty is set to open its first global flagship store in Oslo as the fashion retailer expands into the world of beauty on May 4.
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Natura to focus on The Body Shop as it sells Aesop
Cosmetics giant Natura &Co is to focus on building The Body Shop after selling luxury brand Aesop.
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Ikea’s property arm buys Parisian shopping centre to expand Livat format
Ikea’s property arm Ingka Centres has confirmed its acquisition of the Italie Deux shopping centre in Paris from retail property giant Hammerson, as well as its high-street extension Italik and the Apollo office complex.
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The Fragrance Shop to open flagship on Oxford Street
The Fragrance Shop will open its newest flagship at 70-88 Oxford Street this summer.
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Holland & Barrett becomes latest retailer to increase staff pay
Holland & Barrett has announced a 9% pay rise for store employees, increasing the hourly pay from £10.05 to £11, starting April 1.
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Boots sales increase 16% as it wins market share in beauty
Boots posted a 16% year-on-year increase in sales in the three months to February 2023, driven by a “record-breaking” beauty performance.
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The Perfume Shop extends recycling scheme to all its stores
The Perfume Shop has rolled out its biggest perfume bottle recycling scheme across all 211 UK stores.