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The latest news
Beauty Bay abandons IPO plans, could now opt for sale - report
Manchester-based beauty platform Beauty Bay has appointed bankers from Threadstone Capital to look at its options and could choose to put itself up for sale, a report said on Tuesday.
Beauty
Natura has tough Q1 as Body Shop struggles, but Aesop is strong
The Body Shop, Aesop and Avon owner Natura &Co said on Friday that its Q1 “performance was impacted by the continued Avon transformation, challenging global environment and tough comparable base”.
Beauty
Sally Beauty sales fall on supply chain, inflation headwinds
Sally Beauty Holdings said on Thursday second quarter sales declined for the three months ending March 31, hindered by supply chain and inflation, affecting sales in the firm's largest segment Sally Beauty Supply.
Beauty
Wellla acquires clean hair care brand Briogeo
Wella Company announced on Friday it has added clean hair care brand Briogeo to its beauty portfolio, marking the company's first acquisition after it was spun off from former parent Coty in 2020.
Beauty
Lily Collins becomes ambassador for Living Proof haircare
Prestige haircare brand Living Proof has a new face. It’s British-American actor and producer Lily Collins, who joins the brand to celebrate the company’s “legacy of pioneering performance-defining products”.
Beauty
Prestige beauty boosts Unilever in Q1
Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Beauty
Faire heads downunder with Australia entry
Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe.
Fashion
India's Reliance, Apollo Global plan joint bid for Walgreens' Boots business
Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.
Beauty
Eurazeo invests in honey-based haircare brand Gisou
French investment fund Eurazeo is acquiring a minority stake in honey-based haircare brand Gisou, launched by influencer Negin Mirsalehi and her partner Maurits Stibbe.
Beauty
Browns Beauty launch comes with curated edit and themed campaigns
News of Farfetch’s big-league move into beauty dominated the headlines this week, but with its Browns unit also taking a deep dive into the category, the developments here are just as interesting.
Beauty
THG sees strong growth, company rejects multiple buyout approaches
Online beauty and technology group THG reported its preliminary results for last year on Thursday, plus a Q1 trading update that showed it weathering the current inflation and supply chain storm fairly well.
Fashion
P&G says may be unable to operate in Russia
Procter & Gamble Co said in a securities filing on Wednesday that it may not be able to stay in business in Russia because of sanctions, restrictions on financial institutions, supply challenges and monetary controls.
Beauty
Farfetch adds luxury beauty, massive launch underlines huge ambitions in sector
Farfetch made a major move in beauty as of April 20 with the online retail giant launching the super-category on its e-tail marketplace and via its Browns and New Guards Group subsidiaries.
Luxury
Cult Beauty co-founder exits after THG buy
Eight months after THG bought Cult Beauty in a £275 million deal, its co-founder and co-CEO Alexia Inge has exited the business.
Beauty
The Body Shop programme to roll out refill stations globally moves into US stores
UK-based ethical beauty brand The Body Shop has introduced its in-store refill programme to the US as part of “an ambitious five-year plan to roll out refill stations in the majority of its stores globally”.
Beauty
Boots could be sold at a steep discount - report
The Boots business could be sold at a big discount to the asking price with news that one bidder was willing to pay only £4 billion for the high street and online retailer.
Beauty