Wellness
The latest news
Walgreens Boots Alliance names Roz Brewer new CEO
Health & beauty retail giant Walgreens Boots Alliance has named Rosalind (Roz) Brewer as its new CEO, effective March 15. She’ll join the board too as she succeeds CEO Stefano Pessina, who’s becoming executive chairman.
Beauty
L'Occitane U.S. files for Chapter 11 bankruptcy, closing unprofitable stores
The U.S. division of L’Occitane en Provence filed for Chapter 11 bankruptcy on Tuesday as it seeks to close unprofitable stores.
Beauty
Selfridges gets through 2020 in good shape, pre-pandemic sales rose
Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Luxury
Reitmans and Simons ranked top retail experience in Ontario
Reitmans took the top spot as the retailer providing the best in-store customer experience, followed by personal care brands Lush, The Body Shop, and Sage in the fourth spot.
Fashion
Space NK sales and profits rose pre-Covid
Space NK was continuing to progress steadily pre-pandemic, its latest results show. But while Covid has impacted it more recently, its online channel and wholesale have been sources of strength.
Beauty
Net-A-Porter launches social-first digital beauty festival
Luxury e-tailer Net-A-Porter has this week launched a social-first, digital Beauty Festival called ‘The Beauty of You’ with plans for it to be an annual event.
Luxury
Hut Group sales surge again in Q4, adds more beauty deals to Ingenuity offer
The Hut Group continued to outperform in the fourth quarter with the company saying on Tuesday that it saw revenue growth of 51% year-on-year, much better than the range of 40% to 45% that it had predicted earlier.
Luxury
Boots struggles in Q1, despite surging e-sales and higher beauty market share
Boots has been a drain on its parent company Walgreens Boots Alliance for a while and although WBA said on Thursday that the group’s Q1 trading was better than expected, the UK operation continued to struggle.
Beauty
How fashion brought positivity to Gen Z during the pandemic
Generation Z sought solace in shopping -- no doubt online -- as a means to bring a touch of positivity to their lives in 2020, preferring to invest in fashion over entertainment and even social media.
Fashion
Korres expands retail footprint, launches at Ulta Beauty
Greek beauty brand Korres announced on Friday a U.S. retail partnership with Ulta Beauty, as part of the retailer's new 'Conscious Beauty' program.
Beauty
Henkel names new North America leadership team
German chemical and consumer goods group Henkel announced on Thursday a series of appointments to the company’s North America leadership team.
Beauty
Alo Yoga launches skincare
Alo Yoga's entry into a new category comes as the company experiences record-high sales, a consequence of the Covid-19 pandemic pushing consumers to pursue outdoor and at-home workouts.
Fashion
Reborn Cath Kidston reopens Piccadilly, London flagship
As non-essential shops in England open on Wednesday after the latest lockdown, Cath Kidston is making it an even more momentous occasion as the company is returning to London with the reopening of its global flagship.
Fashion
L Brands swings to profit
The Columbus, Ohio-based owner of Victoria’s Secret and Bath & Body Works announced net income of $330.58 million for the third quarter on Wednesday, as performances improved across its brands.
Fashion
Body Shop and Avon owner Natura sees strong Q3, outpaces wider C&T market
Natura & Co, the Brazilian beauty giant that owns The Body Shop, Avon and Aesop, saw revenue rising healthily in Q3 as it beat the overall growth in the cosmetics and toiletries market globally.
Beauty
MAV Beauty Brands Q3 earnings rise 21%
The Vaughan, Ontario-based personal care group announced third-quarter net income of $3.6 million on Friday, a 21% increase compared to the $2.9 million reported by the company in the prior-year period.
Beauty