Health & Beauty
The latest news, updates and analysis on the health and beauty segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Oct- 2023 -4 October
Borough Yards bolsters beauty offering with two new arrivals
The retail and leisure district in London, Borough Yards, has announced the arrival of Ted Baker-owned barbers Ted’s Grooming room and skin specialists Re:lax this autumn to bolster its beauty offering. The news follows the signing of 12 additional brands over the summer, including Ace and Tate, Amorino, Bancone, Lids…
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4 October
Lloyds Pharmacy owner joins bidders for The Body Shop
The owner of Lloyds Pharmacy, Aurelius Group, is among the latest bidders to buy cosmetics chain The Body Shop, according to Sky News. The group now joins Waterstones owner Elliot Advisors and private equity firm Epiris in the running to buy the chain. It is unclear whether Alteri Investors remains…
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Sep- 2023 -27 September
Superdrug to open new store in Leigh
Superdrug will be opening a brand new store in Leigh Parsonage Retail Park tomorrow (Thursday 28 September), which will offer beauty services, luxury fragrances and exclusive brands. The 6,500 sq fr store, which will create 16 new jobs in the area, will also feature its own Beauty Studio area where…
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27 September
Avon to sell through limited Superdrug stores and TikTok
Avon has revealed that its traditional model of door-to-door selling is “not for everybody”, as it announced it would start selling products in 100 Superdrug stores and through TikTok, The Daily Mail has reported. While the direct marketing retailer has historically operated through ‘Avon Ladies’, who would typically go from…
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18 September
Waterstones owner tables Body Shop bid
The owner of Waterstones, Elliott Advisors, has reportedly joined a list of bidders looking to acquire The Body Shop after it was put up for sale by its owner. According to Sky News, the investment firm tabled an indicative bid for the cosmetic chain in recent weeks. However, Sky said…
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14 September
THG guidance remains unchanged despite losses widening
THG Group has reiterated that its adjusted EBITDA guidance for FY23 remains unchanged, despite its disposal of loss-making assets widening its operating loss to £99.5m in H1, down from a loss of £89.2m last year. The disposal of loss-making categories and non-core assets, which included its OnDemand business, cost the…
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11 September
Dyaco UK and Sweatband.com announce merger
Dyaco UK, a supplier and manufacturer of premium commercial gym equipment in the UK and Ireland, has announced a strategic merger with Sweatband.com, another UK-based supplier of sports and fitness products. By merging with Sweatband, Dyaco will become the only company in the country that can supply the entire fitness…
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7 September
Holland and Barrett relaunches its entire food range
Holland and Barrett has relaunched its entire food range with the first 500 products launching throughout September marking the start of the “biggest transformation of its food category in a decade”. The news comes after the retailer has been investing in its store estate, opening 19 stores and refitting 16…
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1 September
L’Occitane receives B Corp certification
L’Occitane has announced that it is now a certified B Corporation retailer, following two years of evaluating its impact on all its stakeholders – including employees, the wider community, suppliers, customers and shareholders, as well as environment. With this certification, the group joins a global community of businesses that share…
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1 September
Revolution Beauty names new CEO as FY losses narrow
Revolution Beauty has reported that its pre-tax losses have narrowed to £33.9m for the year ended 28 February 2023, as it also revealed the appointment of a new CEO. This marked a 12% decrease in losses compared with the £45.9m loss it posted in the same period last year. Over…
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