Health & Beauty
Health & Beauty covers the business developments, brand strategies, and consumer trends shaping the UK’s personal care, cosmetics, and wellness retail sectors. This section reports on product innovation, sustainability initiatives, partnerships, and market performance across high street, pharmacy, and online retailers. Retail Sector’s Health & Beauty coverage provides analysis and insight for retail professionals and suppliers, exploring how evolving lifestyles, regulation, and consumer priorities are influencing growth and competition in this dynamic category.
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Dec- 2019 -16 December
The Hut Group completes €1bn capital raising
The Hut Group has announced a €1bn (£830m) raise in capital in order to deliver a “step- change” to its balance sheet ahead of “anticipated macro-economic” and “political changes arising from the general election and Brexit”. The health and beauty platform has revealed BlackRock, a long term investor in The…
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Jun- 2019 -28 June
Boots sees sales decline in Q3
Retail sales at Boots UK declined 2.6% in its Q3 results ending 31 May 2019 while pharmacy sales increased 0.8%. The health and beauty chain’s sales had an impact on its parent company Walgreens Boots Alliance’s overall performance, as it saw sales of $2.8bn (£2.2bn) – a decrease of 7.3%…
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17 June
Superdrug profits slide in 2018 amid ‘challenging times’
Health and beauty retailer Superdrug has reported pre-tax profit of £88.3m for the year ending 29 December 2018, down from £92.9m in 2017. However, the retailer reported “solid performance” during the year despite this, with an increased market share to 9.8% (from 9.2% in 2017) and increased total revenue by…
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May- 2019 -29 May
Boots could close up to 200 stores
Boots owner Walgreen Boots Alliance (WBA) have plans to close up to 200 underperforming stores, according to Sky News. The health and beauty retailer which employs more than around 56,000 people, saw profits fall by more than 18% last year. The potential closures would see just under 10% of Boots’…
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14 May
Boots profits slump by almost 20%
Profits at Boots UK stores fell by 18.3% last year as sales also struggled. For the year ending 31 August the company, which is owned by Walgreens Boots Alliance, reported profits of £317m and revenues of £6.8bn, a fall of 2.3% compared with the previous year. The fall is also…
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Apr- 2019 -4 April
Boots facing possible store closures
Health and beauty retailer Boots may be forced to close some of its stores after parent company Walgreens Boots Alliance experienced a “disappointing quarter”. In its Q2 results, the company’s international retail pharmacy results showed that sales decreased 1.2% on a constant currency basis, mainly due to a 1.3% decline…
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Mar- 2019 -20 March
Superdrug launches in-store consultations on breast cancer checks
Superdrug has announced its partnership with charity CoppaFeel! to offer a no touch consultation on how to carry out a breast examination in all 56 of its nurse clinics across the UK. It has become the first high street retailer to offer the check which has an aim to educate…
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Feb- 2019 -28 February
Boots reveals plans to cut 350 head office jobs
Health and beauty retailer Boots has announced it is looking to cut 350 jobs from its Nottinghamshire headquarters as part of a restructuring plan. Approximately 2,500 staff are employed at the office and the company said it was looking to reduce its costs by 20%. A 45 day consultation process…
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14 February
Fragrance Shop to open 15 new ‘Sniffbars’
The Fragrance Shop has announced it is to open 15 new ‘Sniffbars’, which will allow customers to smell a wide variety of fragrances and speak with perfume consultants. Opening as concessions in shopping centres, the standalone outlets are aimed at creating a retail experience for customers, merging both physical and…
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Jan- 2019 -25 January
L’occitane launches same day delivery across UK
French beauty retailer L’occitane has partnered with retail delivery startup On The Dot to launch its same day delivery service proposition ‘Ship From Store’ across the UK. The service has launched in London and there are plans to it extend across the remaining 86 UK stores in early 2019. On…
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