Physical stores remain key to UK prestige beauty sales with rising turnover and more initiatives to engage customers face to face. But online growth is exploding, according to new data from research firm NPD Group.
UK make-up firm Warpaint is going from strength to strength and early results for its Very Vegan launch look good, meaning more new lines are on the agenda. And while business in Europe is slow, the US is booming.
Europe’s biggest health & Wellness chain Holland & Barrett will be bought by a Russian tycoon for £1.77bn after growing sales by 90% since 2010. Superdrug owner AS Watson had also wanted to buy the fast-expanding chain.
Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.
We’ve become used to hearing about LVMH, L’Oréal and Estée Lauder buying trailblazing make-up brands so it’s quite a surprise to hear that Anglo-Dutch consumer products giant Unilever has thrown its hat into the ring.
Fresh from the launch of its Vogue Arabia edition, Condé Nast said that it will launch Vogue Poland next year. It will debut digitally followed by a print edition and will be the latest Vogue to have a male editor.