Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.
Beauty was big at Christmas, as results from Boots, The Fragrance Store and The Perfume Shop testify. Now we can add Lush to the list as the high street retailer reported its highest-ever trading month in December.
An independent investigation into Revolution Beauty's accounts found several concerns, including over certain historical sales, inventory provisioning and personal loans made by a former CEO, the company said on Friday.
Beauty tech may be closely linked in many consumers’ minds to virtual try-on, but in 2023, companies are launching more ambitious initiatives to boost inclusivity, personalisation and salon experiences at home.