Wellness
The latest news

Harvey Nichols chief quits, will leave later this year
Manju Malhotra, CEO of Harvey Nichols, has quit the role she’s held for just over three years with Pearson Poon, son of the retailer’s majority owner Sir Dickson Poon, to become vice-chairman until a new CEO is found.
Luxury

Farfetch 'to exit beauty business'
Rumours that Farfetch will exit its beauty business appear to be correct with reports that it will be shut down as soon as 31 August.
Beauty

CVC plans IPO of German cosmetics retailer Douglas - sources
CVC Capital Partners is exploring a potential stock market listing of German perfume and cosmetics retailer Douglas, people familiar with the matter told Reuters.
Beauty

L’Occitane owner in advanced talks to take it private - sources
L'Occitane International's controlling shareholder is in advanced talks on a potential deal to take the skincare company private ahead of a possible European listing, two people with direct knowledge of the matter said.
Beauty

Harvey Nichols losses narrow as sales bounce back
Harvey Nichols has published its results for the year to April 2022 with the company remaining loss-making, but its overall performance clearly improving.
Luxury

Soap sales fall in UK as shoppers cut back
Bad news for the beauty sector. The bubble has burst on UK soap demand with related sales having halved in the first six months of 2023 as UK shoppers cut back on hygiene products, a report claims.
Beauty

Unilever beauty ops make progress in H1, prestige is strong
Unilever's first half results on Tuesday, showed some areas performing better than others but overall progress, with the group reporting underlying sales growth of 9.1%. Meanwhile turnover rose 2.7% to €30.4bn.
Beauty

Harvey Nichols boss says France wins in race for global shoppers, also lures shoppers from UK
Harvey Nichols' CEO is the latest exec to weigh in on the VAT-free shopping debate in the UK. She has highlighted how France has deftly attracted international shoppers and is attracting British shoppers too.
Fashion

More trouble for Revolution Beauty with FCA probe, Bill Currie takes stake
Revolution Beauty can’t seem to catch a break. In a brief stock exchange filing, the under-pressure beauty specialist said that the UK’s Financial Conduct Authority (FCA) has notified the firm that it has begun a probe.
Beauty

Brand Architekts reports rising sales, settlement of spat over Mr Haircare
In a trading update, Beauty business Brand Architekts Group said Thursday that the 52 weeks to 30 June (FY23) saw sales surging, although this was largely due to an acquisition.
Beauty

Youth To The People names Omar Apollo as its first brand ambassador
In this role, Apollo will explore core brand pillars like the mindsets of healthy skincare and radical acceptance through upcoming digital and offline experiential campaign moments.
Beauty

Cosmoprof North America clocks 20% increase in attendance
Cosmoprof North America announced on Tuesday an "exceptional" 20th anniversary edition at the Las Vegas Convention Center from July 11–13, registering 20% growth in show attendance over last year.
Beauty

Kendall Jenner is new L'Oréal Paris global ambassador
L'Oréal Paris has added American model Kendall Jenner to its prestigious list of ambassadors.
Beauty

Revolution Beauty confirms spat settlement, Boohoo scores big board changes
Revolution Beauty announced a settlement with major shareholder Boohoo Group on Tuesday and it looks like the latter has achieved many of its aims, but not all of them.
Beauty

Walgreens Boots Alliance adds to board
Walgreens Boots Alliance announced on Wednesday the appointment of Tom Polen to the company’s board of directors.
Beauty

Lush's Spongebob Squarepants collab is most successful ever
Retail collaborations tend to be well-thought-through adventures to ensure positive exposure and increased sales for the participants. However, it’s rare we hear almost-instant updates on post-launch performances.
Beauty