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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Jun- 2025 -19 June
Frasers pulls out of bidding for Revolution Beauty
Frasers Group has announced that it has withdrawn from the process of acquiring Revolution Beauty, which put itself up for sale last month. Frasers announced at the time that it was involved in the process but has confirmed it has no intention of making an offer. Revolution launched a formal…
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13 June
Sephora to open Oxford store in autumn 2025
Sephora UK has announced plans to open a store at Westgate Oxford in autumn 2025 – the retailer’s 11th in the UK and its fifth to be confirmed for the year. The 3,919 sq ft site will offer what the company describes as an “accessible and inspiring” shopping space in…
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10 June
Frasers mulls all-cash bid for Revolution Beauty
Frasers Group has confirmed it is participating in a formal sale process of Revolution Beauty, which could see it acquire the group through an all-cash bid. In a filing released today (10 June), the Mike Ashley-owned group revealed that “any offer for the issued and to be issued share capital…
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9 June
Frasers eyes Revolution Beauty takeover
Frasers Group is reportedly exploring a takeover bid for the struggling Revolution Beauty, Sky News has reported. Sources told Sky that the Mike Ashley-owned group had approached Revolution Beauty about a potential offer but was “not certain” it would enter a bid. Revolution Beauty has since confirmed that Frasers is…
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May- 2025 -22 May
Revolution Beauty enters formal sales process
Revolution Beauty has announced the beginning of a formal sales process after it received a preliminary approach from an unnamed company. On 13 May the beauty retailer said that it was reviewing its funding structure and in light of this is exploring discussions in respect of support for an equity…
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16 May
Holland and Barrett FY revenues rise by 10% to £884m
Holland and Barrett has seen revenues rise by 10% to £884.5m in what has been a “landmark year” for the group. In the financial year ended 30 September 2024, gross profit for the health retailer totalled £524.2m, up from the £475.7m reported in FY23. The retailer credited its performance to…
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13 May
Revolution Beauty revenues fall 26% in FY25
Revolution Beauty revenues plummeted 26% year-on-year to £141.6m for the year ended 28 February 2025, reflecting the rationalisation of its product and brand portfolio, as well as softness in the US market. In its trading update for the full-year, the beauty retailer said it also expects to report FY25 underlying…
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2 May
Space NK owner explores sale
Space NK owner Manzanita Capital has reportedly kicked off a formal sales process of the beauty chain, a year after it initially appointed bankers to handle a sale, according to Sky News. The outlet reported that any deal could see a price tag of between £300m-£400m, however it is thought…
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Apr- 2025 -29 April
THG revenues rise 1.1% to £1.8bn in FY24
THG has seen its revenues rise by 1.1% year-on-year to £1.8bn in the year to 31 December 2024, while its pre-demerger adjusted EBITDA hit £123.1m in line with guidance and consensus. It comes as, during 2024, THG completed its Ingenuity demerger, joined the FTSE 250 index, and refinanced its long-term…
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23 April
THG rejects ‘undervalued’ takeover offer for Myprotein
THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk to acquire Myprotein following recent speculation surrounding the potential deal. Selkirk’s proposal ascribed a headline value to Myprotein of between £400m and £600m on a cash-free, debt-free basis. According to…
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