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P&G posts higher than expected profits but disappoints on revenue

P&G posts higher than expected profits but disappoints on revenue

The American consumer goods conglomerate announced second-quarter profits that beat analysts’ expectations on Thursday, but posted revenues that came in under estimates, despite strong growth in health care and beauty.
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Cosmetics
Unilever and Sundial launch new Gen Z-focused textured hair care brand in US

Unilever and Sundial launch new Gen Z-focused textured hair care brand in US

The consumer products conglomerate and its ethnic beauty-focused subsidiary have teamed up to launch Emerge, a new brand that aims to empower multicultural Gen-Z women with affordable textured hair care products.
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Hair
Retail sales down at Boots but beauty giant hangs on to market share

Retail sales down at Boots but beauty giant hangs on to market share

Multinational giant Walgreens Boots Alliance has reported its results for Q1 and the performance of the UK-based Boots chain within that was clearly disappointing. 
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Beauty
Sally Beauty announces brand relaunch

Sally Beauty announces brand relaunch

The beauty retailer revealed its brand relaunch on Tuesday, unveiling a new brand identity and multimedia campaign, as well as a revitalized store experience in certain locations and new influencer and rewards programs.
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Cosmetics
Space NK sales rise but profits fall, predicts improving profitability ahead

Space NK sales rise but profits fall, predicts improving profitability ahead

Rising sales but falling profits were a feature of Space NK's latest financial year. But analysts were impressed with its overall performance as it made the most of opportunities both in stores and online.
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Perfume
Harrods upbeat on beauty prospects and China, to open Chinese ultra-luxe standalone in 2020

Harrods upbeat on beauty prospects and China, to open Chinese ultra-luxe standalone in 2020

The boss of Harrods said the retailer is “well placed to take advantage of” the younger shopper who wants “to have really great quality beauty” and is upbeat about the chances for the firm’s new beauty chain.
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Ready-to-wear
Natura & Co shares begin trading in next step towards Avon acquisition

Natura & Co shares begin trading in next step towards Avon acquisition

The Brazilian cosmetics conglomerate has announced that its shares have begun trading on São Paulo’s B3 stock exchange, an important development in the corporate restructuring linked to the company’s acquisition of Avon.
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Perfume
Natura announces 3 additions to board ahead of Avon acquisition

Natura announces 3 additions to board ahead of Avon acquisition

The Brazilian beauty conglomerate announced on Tuesday that three new members will be joining its board of directors from Avon when it closes its acquisition of the company in the first quarter of 2020.
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Perfume
Regis UK gets rescue deal but some salons will close

Regis UK gets rescue deal but some salons will close

Hairdressing salon operator Regis UK has been pulled back from the brink with a rescue deal that should save around 1,000 jobs at the owner of the Supercuts chain.
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Hair
Coty names Pascal Baltussen as global chief procurement officer

Coty names Pascal Baltussen as global chief procurement officer

In the role, Baltussen will lead Coty’s procurement team, focusing on reducing complexity and costs, in order to unlock opportunities for reinvestment and profit expansion, the company said.
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Beauty
Unilever's Sundial names former Nars exec CEO, founder moves to new role

Unilever's Sundial names former Nars exec CEO, founder moves to new role

Sundial Brands founder Richelieu Dennis is transitioning from chair and CEO to create and lead its “purpose-driven Social Mission Board and focus on new entrepreneurial ventures".
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Cosmetics
The Hut Group secures fresh funds as sales pass £1bn mark

The Hut Group secures fresh funds as sales pass £1bn mark

Britain’s Hut Group has grown remarkably fast over the past decade, and it hopes the launch of two new debt facilities will give it the further boost it needs to become the global leader in online beauty.
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Perfume
Space NK links with Adyen for payments as it targets Asian growth

Space NK links with Adyen for payments as it targets Asian growth

Space NK has partnered with Adyen, a payments platform, to make its e-commerce experience more convenient for customers in the Asia-Pacific region.
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Perfume
Aveda rolls out virtual hair color testing, with Perfect Corp

Aveda rolls out virtual hair color testing, with Perfect Corp

Aveda is investing in augmented reality to offer customers the chance to test out different hair colors virtually.
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Hair
Elizabeth Banks spearheads campaign with haircare brand Virtue

Elizabeth Banks spearheads campaign with haircare brand Virtue

Elizabeth Banks has joined forces with the haircare label Virtue to champion better education for girls.
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Hair
Body Shop owner Natura sees strong Q3 sales, but profits are hit by investments

Body Shop owner Natura sees strong Q3 sales, but profits are hit by investments

Natura continued to make progress in its latest quarter as sales rose at all three of its brands, despite the Hong Kong protests that impacted both The Body Shop and Aesop.
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Perfume