Unilever PLC on Wednesday effectively abandoned its plans to buy GlaxoSmithKline's consumer healthcare business, saying on Wednesday that it would not raise a 50 billion pound offer that GSK previously rejected.
The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
U.S. department store Saks has launched its new online wellness shop, retailing products for both men and women across four main categories: fitness, health and nutrition, sexual wellness, and rest and relaxation.
Charlotte Tilbury saw rising sales during the height of the pandemic in 2020 with online accounting for two-thirds of transactions and the company able to repay £3.2 million of furlough cash, accounts just filed show.
Specialist CBD products and beauty retailer Love Hemp Group has had a busy year restructuring and bedding in a new management team. So you may think that would have hit performance for the year ended 30 June.
Collagen, lip liner, perfume and miniatures are four of the beauty products that have been “must-haves” over the past 12 months and will be key in 2022, John Lewis said in its latest Beauty Bets report on Wednesday.
The Bolingbrook, Illinois-based cosmetics retailer revealed on Thursday that its net sales for the third quarter totaled $2.0 billion, up 28.6% from $1.6 billion in the same period in the previous year.