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Unilever Q3 improves, upscale beauty does well

Unilever Q3 improves, upscale beauty does well

​Unilever had upbeat news on Thursday. Despite currency effects sending its turnover down overall, it released Q3 figures that showed underlying sales growth (USG) of 4.4%, and prestige beauty was buoyant.
Beauty
Coty announces new CCO, premiere chief digital officer

Coty announces new CCO, premiere chief digital officer

L’Oréal veteran Isabelle Bonfanti and Guerlain alum Jean-Denis Mariani are set to begin in their new roles on November 1. 
Beauty
KKR appoints Annie Young-Scrivner as Wella CEO

KKR appoints Annie Young-Scrivner as Wella CEO

As KKR finalizes its purchase of Coty’s professional and retail hair businesses, the investment firm has named Annie Young-Scrivner as the CEO of the newly independent company made up of the acquired brands.
Beauty
Boots UK sales slump 29% as pandemic keeps shoppers away

Boots UK sales slump 29% as pandemic keeps shoppers away

British health and beauty retailer Boots said comparable retail sales fell 29.2% in its latest quarter as shopper numbers in stores were significantly reduced due to the Covid-19 pandemic.
Beauty
Ulta launches new 'transparency' initiative, Conscious Beauty

Ulta launches new 'transparency' initiative, Conscious Beauty

The initiative will certify brands across cosmetics, skincare, hair, bath and body categories based on five pillars: clean ingredients, cruelty-free, vegan brands, positive impact and sustainable packaging.
Beauty
L'Oreal tipped to name deputy CEO Hieronimus as new chief

L'Oreal tipped to name deputy CEO Hieronimus as new chief

French cosmetics company L'Oreal is set to name deputy Chief Executive Officer Nicolas Hieronimus as its new chief, replacing long-time boss Jean-Paul Agon, French newspaper Le Figaro reported late on Tuesday.
Beauty
Liberty Beauty Advent Calendar is its fastest selling product ever

Liberty Beauty Advent Calendar is its fastest selling product ever

Liberty’s Beauty Advent Calendar has reached peak must-have status, with thousands of shoppers staying up until the early hours this week to purchase the 2020 version.
Beauty
Next opens first premium beauty halls, more to open soon

Next opens first premium beauty halls, more to open soon

Next has taken a giant new step forward in its business development with its first two premium beauty halls. The new stores have opened in former Debenhams sites at Intu Watford and Intu Milton Keynes.
Fashion
Superdrug sales and profits edge up, conditions remain challenging

Superdrug sales and profits edge up, conditions remain challenging

Superdrug had a "solid" 2019 but 2020 has been hit by the pandemic. Despite most of its stores staying open, footfall has plummeted.
Beauty
Warpaint London sales and profits fall but outlook is brighter

Warpaint London sales and profits fall but outlook is brighter

​Beauty manufacturer and brand owner Warpaint London said on Wednesday that the first six months of the year saw its sales falling 29% to £13.5 million as a result of Covid-19 restrictions in the UK and internationally.
Beauty
Westfield owner takes Boots to court over rent non-payment

Westfield owner takes Boots to court over rent non-payment

The owner of Westfield Stratford City has taken high street chemist Boots to court after the company refused to pay rent at some of its locations.
Beauty
Unilever clears first hurdle in planned unification move

Unilever clears first hurdle in planned unification move

​Unilever NV shareholders have approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make dealmaking simpler.
Beauty
Avon unveils new brand positioning

Avon unveils new brand positioning

The cosmetics brand has introduced a new strapline and brand positioning in a new campaign that invites people to reconsider their views of the company.
Beauty
Harrods opens first standalone H Beauty store in Lakeside, Essex

Harrods opens first standalone H Beauty store in Lakeside, Essex

​It’s been a long time coming since the announcement last year, but Harrods has finally opened its first standalone beauty store, H Beauty, at Lakeside in Essex. A second store will open in Milton Keynes in 2021. 
Luxury
The Hut Group makes stellar stock market debut

The Hut Group makes stellar stock market debut

The British company behind Lookfantastic and Glossybox on Wednesday raised £1.88 billion in its initial public offering after selling 376 million shares at 500p each.
Fashion
The Hut Group IPO shares priced at £5, will list next week

The Hut Group IPO shares priced at £5, will list next week

​The Hut Group’s much anticipated IPO will see its shares priced at £5 each giving it a market cap of £5.4bn, the company has said. It added that the 374m shares being sold make up around 35% of its total share count.
Beauty