All Health & beauty articles – Page 8
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News
THG Beauty boss expects return to growth in ‘extremely buoyant’ market
THG Beauty, which owns pureplay retailers including Lookfantastic and Cult Beauty, expects to return to growth in the next financial year as sales grew at a double-digit rate in the last quarter and the premium beauty market in the UK remains “extremely buoyant”, according to chief executive Lucy Gorman.
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News
THG profits surge despite sales slip
THG has posted an increase in profits for the full year and maintained its profit guidance despite a slip in sales driven by “action to discontinue loss making categories”.
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News
Sephora to open two new stores in the North East
French beauty giant Sephora has revealed its plans to open two new stores in Newcastle and Gateshead, following the success of its flagships in London.
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News
Cyberattacks and fraud cost UK retail sector £11bn in 2023
The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
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News
The Body Shop administrator proposes CVA to rescue business
The Body Shop’s administrator has proposed a company voluntary arrangement (CVA) to rescue the business, according to a report outlining the struggling beauty chain’s financial position and the events leading up to its administration.
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News
Manzanita Capital to put Space NK up for sale
Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.
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News
Next strikes deal with Myntra to ramp up Indian expansion
Next has partnered with Myntra on a franchise agreement that will see the Next brand offered both in stores and online across India.
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News
Boots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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News
The Perfume Shop strengthens leadership with two new directors
The Perfume Shop has appointed Karen Harris and Laura Wilkinson to the newly created positions of customer director and online business director, respectively, as it looks to drive growth in both online and offline channels.
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News
Skincare brand Elemis to open first standalone store in London's West End
Skincare brand Elemis is set to open its first standalone store in Seven Dials this spring, strengthening its foothold as a “forerunner in providing premium skincare”.
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Gallery
Store gallery: Inside Lush’s swampy Shrek-themed pop-up
Lush has brought the city of Duloc from the famous Shrek films to the heart of Soho in London as it launches its new limited edition Shrek collection at a pop-up just in time for Easter
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Data
Data: Sosandar and Superdrug smash ecommerce growth – find out how
The UK retailers winning at ecommerce, with the highest online sales growth for FY22, have been revealed in a new Retail Week report
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News
Holland & Barrett names new UK CEO as part of restructure
Holland & Barrett has named Anthony Houghton as its new chief executive for the UK and Ireland as part of its new operating model “to help further accelerate its growth and transformation strategy.”
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Interview
Rituals CEO on the retailer’s drive to ‘open one new store every working day’
Retail Week sits down with Rituals founder and chief executive Raymond Cloosterman to find out why he’s driving the brand to open a new store every working day this year, despite the downturn in luxury sales around the globe.
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News
Superdrug cosmetics price freeze celebrates highest market share
Superdrug is set to freeze prices on over 5,000 cosmetic products “as part of the business’s ongoing commitment to support shoppers, through the rising cost of living”.
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News
Holland & Barrett staff receive 'substantial' pay rise
Holland & Barrett is set to increase the hourly pay of store colleagues across the country by 9%, bringing the hourly base pay to 5% above the national living wage.
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News
Exclusive: Boots rolls out Klarna payments on app and website
Health and beauty giant Boots has rolled out the use of Klarna payments from today, Retail Week can reveal.
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Gallery
Inside Liberty’s ‘first of its kind’ fragrance lounge
Luxury department store Liberty has opened doors to a “first-of-its-kind fragrance destination” in the heart of London.
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Interview
Q&A: Haircare brand Rehab co-founders on the need for industry innovation
Retail Week speaks to haircare brand Rehab about its story and growth, and the need for innovation to solve the issue of plastic packaging in the beauty industry
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Analysis
New John Lewis boss Peter Ruis on first steps to restoring retailer’s mojo
Staff at John Lewis Partnership may once again have missed out on their beloved bonus – for the second year in a row – but at least the famous retailer is back in the black.