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 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.

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.

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. 

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.

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.

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.

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.

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”.

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.

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.

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.

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. 

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.

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.

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.