Wellness
The latest news
Unilever in advanced talks to sell Elida Beauty to Yellow Wood
Unilever Plc is in advanced talks to sell Elida Beauty, a division that includes non-core beauty and personal care brands such as Q-Tips and Impulse, to private equity firm Yellow Wood Partners, sources said on Thursday.
Beauty
P&G adds Johnson & Johnson vet to board
The Procter & Gamble Company announced on Wednesday the appointment of Ashley McEvoy to the company’s board of directors, effective December 12.
Beauty
Walgreens mulls IPO for UK Boots pharmacy chain
Walgreens Boots Alliance is in early talks over separating its UK-based Boots drugstore chain, including the possibility of an initial public offering in London, Bloomberg News reported on Tuesday.
Beauty
The Honest Company announces new additions to board of directors
The Honest Company has announced that Michael Barkley, Alissa Hsu Lynch, and Andrea Turner have been appointed to its board of directors, effective December 8, 2023.
Beauty
New Shiseido venture fund will invest in innovative early-stage companies
Japanese beauty giant Shiseido Company Limited has announced the launch of a venture fund for investing in innovative early-stage companies within the beauty/wellness space.
Beauty
P&G to record up to $2.5 bln in Gillette writedown, operations rejig
Procter & Gamble said on Tuesday it would record up to $2.5 billion in charges over two fiscal years as it writes down the value of its Gillette business and restructures certain markets.
Beauty
Space NK sales boom, make-up boosted by Zoom use, more stores coming
The work from home era may, on the surface, mean that people are likely to buy less make-up because they're not in the office very often. But the opposite is true with Zoom making them keener than ever to wear make-up.
Beauty
Kohl's trims sales forecast on weaker consumer spending, shares slump
Kohl's lowered the top end of its annual sales forecast and said it would be aggressive with promotions in the crucial holiday season as cost-conscious shoppers spend less at its department stores.
Fashion
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasingly supplementing her activewear with less-pricey brand duplicates she picks up through Amazon.
Fashion
Natura sells Body Shop to Aurelius at a loss, new owner to "re-energise" brand
Ethical beauty chain The Body Shop has been sold again after a not-too-successful six years under the ownership of Brazil’s Natura &Co.
Beauty
Revolution Beauty back on track and UK and US sales strengthen
Revolution Beauty is bouncing back from its recent troubles with first-half revenue up 20% and a “strong improvement in EBITDA, up £14.3m, due to higher sales volumes, gross margins and cost reduction initiatives”.
Beauty
Coty raises annual core sales outlook as fragrances, cosmetics drive demand
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent's new makeup and fragrance launches.
Beauty
Estée Lauder lowers outlook on China weakness, Israel-Hamas war risk
Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China, as well as risks to its business from the Israel-Hamas war.
Beauty
Dr.Jart+ appoints K-pop group Enhypen as first-ever global ambassador
Korean skincare brand Dr.Jart+ announced on Monday the appointment of K-pop band Enhypen as its first global ambassador.
Beauty
Sephora promotes Deborah Yeh to global chief marketing officer
French cosmetics retailer Sephora has announced the appointment of Deborah Yeh to the role of global chief marketing officer, effective November 3.
Beauty
Unilever makes management changes, launches new action plan
Global consumer products giant Unilever has announced a raft of leadership changes as part of an action plan to target faster growth. And at the top of those changes is the promotion of Fernando Fernandez to CFO.
Beauty