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Boots sales fell again in Q2 but it gained premium beauty share

Boots sales fell again in Q2 but it gained premium beauty share

Boots held back its parent company in the latest quarter as UK retail sales fell. But the firm is upbeat as it works to transform its fortunes with a bigger premium beauty offer.
Beauty
The Hut Group launches multi-million pound coronavirus aid package

The Hut Group launches multi-million pound coronavirus aid package

Beauty e-tail giant The Hut Group has set up a £10 million package due to the coronavirus crisis to support vulnerable communities as well as key workers and emergency services in the UK and abroad.
Beauty
Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Beauty is key category for lockdown shoppers to buy online, but fashion falls flat

Global online shopping order volumes have risen 88% this year with cosmetics a key category, but clothing has stayed flat while sports goods orders have dropped sharply.
Beauty
L'Oréal expects 5% decline in first-quarter sales due to impact of Covid-19

L'Oréal expects 5% decline in first-quarter sales due to impact of Covid-19

L'Oréal announced on Monday that it predicts a year-over-year decrease of around 5% in its first-quarter sales due to the ongoing Covid-19 pandemic. The company also withdrew its annual financial guidance. 
Beauty
Ulta to pay distribution staff premium for work during coronavirus crisis

Ulta to pay distribution staff premium for work during coronavirus crisis

The American cosmetics retailer announced on Monday that it will be paying workers in its distribution centers a $2-per-hour wage premium to thank them for their continued work during the ongoing Covid-19 pandemic.
Beauty
Superdrug to continue operating despite lockdown

Superdrug to continue operating despite lockdown

Superdrug has revealed that many of its stores are still open to provide essential products but all in-store beauty studio services have been temporarily suspended.
Beauty
PZ Cussons gets new CEO from Avon

PZ Cussons gets new CEO from Avon

Imperial Leather owner PZ Cussons has hired an expereciend consumer goods specialist to be its new chief executive officer. Jonathan Myers succeeds Alex Kanellis, who stepped down in January.
Beauty
Kao USA reorganizes mass business with two new promotions

Kao USA reorganizes mass business with two new promotions

The U.S.-based subsidiary of Japan’s Kao Corporation has appointed Karen Frank as president of its mass business for the Americas and Europe, and Jesse Grissom as president of operations in the Americas.
Beauty
Boots commits to support for female-powered businesses

Boots commits to support for female-powered businesses

UK beauty retail giant Boots said that ahead of International Women's Day that it was announcing a series of commitments to support female-powered brands and “is making it easy for Boots shoppers to do the same”.
Beauty
Herbal Essences links with Kew Gardens to boost plant species survival

Herbal Essences links with Kew Gardens to boost plant species survival

As ‘authentic’ link-ups with bodies focused on conservation projects become more and more popular, Procter & Gamble has forged a partnership with London's Royal Botanic Gardens, Kew.
Beauty
Cosmoprof postpones giant Bologna trade show until June on coronavirus outbreak

Cosmoprof postpones giant Bologna trade show until June on coronavirus outbreak

Another day, another major trade show is postponed or cancelled. This time it’s Cosmoprof Worldwide Bologna, the world’s premier cosmetics industry show that takes place in the Italian city every year.
Beauty
Cult Beauty hits milestone with £100m+ sales

Cult Beauty hits milestone with £100m+ sales

UK-based online beauty retailer Cult Beauty’s sales topped £100 million for the first time in 2019 as sales rose by almost one-third to £104 million, its founder said.
Beauty
Candidates line up to purchase Coty's professional beauty division

Candidates line up to purchase Coty's professional beauty division

Advent International, Bain Capital and Cinven are all reportedly candidates to take over the brands in Coty's professional beauty division, including Wella and OPI, as the company looks to stabilise its finances. 
Beauty
Firmenich looks to P&G for its new Perfumery chief

Firmenich looks to P&G for its new Perfumery chief

Firmenich has announced that Armand de Villoutreys is to retire as President of its Perfumery and Ingredients business on June 30. He’ll be replaced by Ilaria Resta who was most recently at Procter & Gamble.
Beauty
Unilever starts review of beauty brands, could take a year

Unilever starts review of beauty brands, could take a year

Simple could be among the brands that Unilever chooses to sell as it kicks off a review of its beauty portfolio in order to focus on names with strong growth potential.
Beauty
Private equity firm Vaultier7 invests in haircare brand Gisou by Negin Mirsalehi

Private equity firm Vaultier7 invests in haircare brand Gisou by Negin Mirsalehi

After investing in The Modist, London-based private equity firm Vaultier7 has acquired a stake in haircare brand Gisou, co-founded in 2015 by Dutch influencer Negin Mirsalehi.
Beauty