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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Jan- 2022 -12 January
Bain Capital and CVC eye Boots takeover bid
Buyout firms Bain Capital and CVC Capital Partners have reportedly joined forces in an attempt to launch a takeover bid for high street chemist Boots. According to Sky News, Bain and CVC are assembling a joint bid and are said to have hired advisers from Lazard to help put a…
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Dec- 2021 -6 December
Boots owner mulls £10bn sale of chain
Walgreens Boots Alliance (WBA) is reportedly in talks with Goldman Sachs to discuss the potential disposal of the UK chemist chain in a deal valued at “well over” £5bn, according to Sky News. City sources told Sky that the chain’s value could be between £10bn and £12bn, adding that it…
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Nov- 2021 -25 November
Revolution Beauty eyes US expansion despite losses widening
Revolution Beauty has revealed plans to expand its presence in the US market, despite seeing its H1 losses widen to £15.2m on the back of rising costs. The beauty retailer revealed the loss for the six month period ending 31 August came despite group revenues surging 39% to £78.6m. It…
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15 November
Consumers to spend £21bn this Christmas, says PwC
One in four consumers intend to spend more this festive season, with an average £428 spend per person up from £384 last year, according to PwC’s festive predictions research. It revealed the increase, which is seen across all age ranges and regions, means a total spend of £21bn on presents…
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10 November
Superdrug launches 2 hour delivery service from almost 300 stores
Superdrug has announced it is expanding its delivery service to include “super fast’ 2 hour home delivery, from nearly 300 stores nationwide. It revealed the service will offer customers more “accessible ways to shop”, allowing shoppers to order products directly from local stores. The service, powered by rapid delivery specialists…
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8 November
THG boss reveals regret over London IPO
THG founder Matthew Moulding has revealed he regrets the decision to float the company on the London Stock Exchange last year, adding that he “should have IPO’d in America”. Moulding made the comments during an interview at the GQ Heroes awards, and as reported by The Times, also said that…
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Sep- 2021 -16 September
The Hut Group announces FY22 THG Beauty listing
The Hut Group (THG) has revealed plans to list its beauty arm as a separate entity on a public share-trading exchange in FY22. The listing of THG Beauty reflects a period of strong organic growth and growing US footprint for the department. The decision to list THG Beauty comes after…
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2 September
Boots to launch 30 high street beauty halls
Boots has announced the launch of 30 new beauty halls across its UK sites as the group aims to expand its high street beauty offering. The latest additions are set to be introduced as smaller versions of the current 60 Boots beauty halls across its flagship shops such as Covent…
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Aug- 2021 -24 August
Boots launches on Deliveroo
Boots UK has announced a new partnership with Deliveroo across 14 pilot stores that will see customers in the selective stores now have access to more than 400 products. The range includes medicines for minor ailments such as coughs and colds, hay fever and mild pain, beauty products including No7,…
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17 August
The Body Shop owner sees revenue rise 36.2% in Q2
Natura and Co, the Brazilian owner of The Body Shop, saw consolidated net revenues grow 36.2% year-on-year to R$9.5bn (£1.3bn) in Q2 FY21. The group also reported an adjusted EBITDA of R$811.2m (£111.8m) in the quarter at a margin of 8.5%, as “inflationary pressures in the quarter were largely offset…
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