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Next eyes some Body Shop assets - report

Next eyes some Body Shop assets - report

​Acquisitive UK retail giant Next is reportedly interested in acquiring certain assets of The Body Shop following its new owner putting it into administration after finding the business in a worse shape than it believed.
Beauty
Monday Haircare founder launches Osāna Naturals

Monday Haircare founder launches Osāna Naturals

The founder behind Monday Haircare, Jaimee Lupton, introduced on Thursday Osāna Naturals, a new line of skin and hair care formulations aimed at nourishing both body and mind.
Beauty
The Body Shop to cut 40% of HQ jobs, shut half its UK stores

The Body Shop to cut 40% of HQ jobs, shut half its UK stores

​The Body Shop’s administrators, have confirmed the restructuring plan for the UK ops that were put into administration by new owner Aurelius last week. And while it’s a tough plan, it clearly could have been even worse.
Beauty
Aurelius MD who led Body Shop deal has left the business

Aurelius MD who led Body Shop deal has left the business

Within three months of buying The Body Shop and recently overseeing the administration of the beauty brand’s UK stores, Aurelius managing director Peter Wood has left the German private equity buyout specialist.
Beauty
Germany and Belgium see The Body Shop administration filings continuing

Germany and Belgium see The Body Shop administration filings continuing

The Body Shop’s UK administration filing last week wasn’t the end of the devastation at the once thriving chain with owner Aurelius having now put the German ops into administration. And the Belgian unit will be next.
Beauty
Multiple lettings boost Grosvenor's Mayfair and Belgravia portfolio with minimal vacancies

Multiple lettings boost Grosvenor's Mayfair and Belgravia portfolio with minimal vacancies

​Ongoing demand for “high-quality space across Mayfair and Belgravia throughout 2023” reduced vacancy rates to 4.3% by the end of the year in the Grosvenor-controlled London retail, residential and office portfolio.  
Fashion
British Beauty Council adds new names to Advisory Board

British Beauty Council adds new names to Advisory Board

​The British Beauty Council has introduced new experts to its already-70-strong Advisory Board “in preparation for the launch of a new membership programme”. 
Beauty
Once pioneering Body Shop UK collapses into administration

Once pioneering Body Shop UK collapses into administration

​The British arm of the Body Shop has collapsed into administration, putting 2,000 jobs at risk at the one-time pioneering ethical cosmetics retailer.
Beauty
UK e-tail down 7% in January, clothing fall was worse but beauty stayed strong

UK e-tail down 7% in January, clothing fall was worse but beauty stayed strong

​When a sales report is titled “January a contender for weakest-ever e-commerce month”, you know it will be bad. And the latest IMRG Online Retail Index said 2024 has got off to a “very slow” start for online.
Fashion
Hero Cosmetics names Alix Earle as first global ambassador

Hero Cosmetics names Alix Earle as first global ambassador

Skincare brand Hero Cosmetics has named creator, entrepreneur and podcast host Alix Earle as its first-ever global face of the brand.
Beauty
L'Oréal invests in Chinese fragrance brand To Summer

L'Oréal invests in Chinese fragrance brand To Summer

Despite slower growth in China, the French cosmetics group L'Oréal continues to invest in the country and in January acquired a minority stake in the Chinese perfume brand To Summer.
Beauty
"Sephora Kids" are on the rise as tweens get seriously into skincare

"Sephora Kids" are on the rise as tweens get seriously into skincare

A growing number of kids between the ages of 10 and 14 are showing a keen interest in beauty products, and their skincare routines are sometimes comparable to those of adults.
Beauty
New Body Shop owner 'plans administration of UK chain' - report

New Body Shop owner 'plans administration of UK chain' - report

​Aurelius has only owned The Body Shop for a few weeks but it's reportedly lining up administrators for the UK retail arm of the business, which means store closures and job losses are likely.
Beauty
L'Oreal Q4 sales up 6.9% despite decline in North Asia

L'Oreal Q4 sales up 6.9% despite decline in North Asia

Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel the pinch from changes in regulations of daigou resellers.
Beauty
Primark UK expansion to see new stores and extensions via £100m spend

Primark UK expansion to see new stores and extensions via £100m spend

​Hot on the heels of its expansion news in the US this week, Primark on Thursday announced that it will invest more than £100 million in its UK stores this year, which includes more than £75 million of new money.
Fashion
Unilever's underlying beauty growth continues, 'premiumisation' helps

Unilever's underlying beauty growth continues, 'premiumisation' helps

​Global FMCG giant Unilever has unveiled its result for FY23 and along with the figures said it’s implementing its growth action plan “at pace”. 
Beauty