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.
-
Apr- 2023 -4 April
Body Shop owner sells Aesop to L’Oreal for £2bn
Owner of The Body Shop Natura and Co has announced that it has sold Aesop to L’Oreal in a £2bn deal. The luxury beauty brand has been sold after 10 years under the Natura umbrella. The sale is still subject to the usual regulatory checks and is expected to be…
Read More » -
Mar- 2023 -29 March
Boots welcomes ‘record’ beauty sales over Christmas period
Boots has revealed that for the three months to 28 February, Christmas trading brought a “record-breaking” performance for its beauty category which saw retail sales grow 16%. The business reported its eighth consecutive quarter of market share growth across all categories, with beauty performing the best for the quarter. Skincare…
Read More » -
27 March
Superdrug opens its largest Scottish store in Braehead
Superdrug has opened its biggest store in Scotland – located in Braehead Shopping Centre. Superdrug said the 9,324sq ft store means customers will have access to exclusive brands, the latest health and beauty products and luxury fragrances and has also created 10 new jobs in the local area. The store…
Read More » -
27 March
Boots owner eyes sale or float by year’s end
Boots faces being sold or floated by the end of 2023, following US boss’ wish to separate the global pharmacy retailer, reports This is Money. The news comes as investors and board members want the retailers’ senior leadership team to speed up plans to refocus the business on the US…
Read More » -
Jan- 2023 -24 January
Boots offers 1,500 jobs to former Lloyds Pharmacy staff
Boots has announced that it will be recruiting for more than 1,500 pharmacy roles nationwide, extending the opportunity particularly to Lloyds Pharmacy staff that have been impacted by news of closures. The pharmacy retailer’s announcement comes as Lloyds Pharmacy will be closing 237 branches inside nationwide Sainsbury’s stores over the…
Read More » -
20 January
Superdrug sales rise by 16% over December
Superdrug revealed that its like-for-like sales increased by 16% in December, with the group confirming that this Christmas trading period was the “strongest” so far. The group has attributed its performance to consistently good footfall across the entire month, as average weekly transactions in shops were 19% higher than in…
Read More » -
6 January
Boots Q1 sales driven by ‘record’ Black Friday
Boots has welcomed a strong performance in its first quarter of trading, with like-for-like sales up by 8.7%, in part bolstered by a “record-breaking” Black Friday which saw boots.com report its biggest ever day of sales. Store sales were also up by 13% on Black Friday, with No7, Electrical Beauty…
Read More » -
6 January
Holland and Barrett appoints new executive chair
Holland and Barrett has announced the appointment of Alex Gourlay as its new executive chair. He has taken over from Michael Casey who has held the position as executive chair since September 2021. Casey has also been a non-executive board member since 2017 and will also remain in that role.…
Read More » -
Dec- 2022 -20 December
Can beauty retailers remain resilient through the winter?
With endless economic and political uncertainty permeating the industry, it’s been hard to predict which category of retailers will fare better than others, but one thing is certain: the health and beauty industry has weathered the storm better than others. Most recently, THG reported “stable and consistent” consumer trading during…
Read More » -
13 December
Silverwood Brands acquires stake in Lush Cosmetics for £216.8m
Silverwood Brands has acquired a 19.8% stake in Lush Cosmetics, the prominent manufacturer and seller of handmade skincare goods and cosmetic products, in a £216.8m deal. The conclusion to this transaction comes as VSA Capital Group has been involved in advising the directors of Lush, Andrew Gerrie and Alison Hawksley,…
Read More »
