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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Feb- 2025 -18 February
The Perfume Shop reports strong Valentine’s sales
The Perfume Shop, the UK’s largest specialist perfume retailer, said it has a strong” Valentine’s Day performance as it revealed it sold over 240,000 bottles from the 1 February to the 14 February. The Perfume Shop’s sales were driven by a 34% increase in retail sales across both classic and…
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12 February
Sephora to open new store in Manchester Arndale
Sephora has signed a 10-year lease to occupy a 7,300 sq ft space at the Manchester Arndale shopping centre later this year. Stocking over 300 skincare, cosmetic and beauty brands, the new store at Manchester Arndale will provide space for Sephora to showcase the array of brands on offer. It…
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10 February
Aesop opens new store in Victoria Leeds
Luxury skincare brand Aesop has opened a new shop in Victoria Leeds, marking the brand’s first store opening in 2025 and debut in the North of England. Aesop has joined Victoria Leeds’ premium tenant mix with a 753 sq ft unit alongside fellow best-in-class beauty brands, Le Labo, L’Occitane, and…
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5 February
Estée Lauder to axe up to 7,000 roles amid restructuring plan
Estée Lauder has revealed its plans to cut up to 7,000 roles globally as part of its latest cost-cutting plan, as the cosmetics retailer braces for tariff increases sparked by US President Donald Trump. It comes as net sales fell by 6% to $4bn (£3.2bn) during the second quarter ended…
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Jan- 2025 -31 January
Superdrug appoints new property director
Superdrug has appointed Clare Jennings as its new property director, following the retirement of Nigel Duxbury. Jennings will take over from Duxbury on 2 May 2025 and will become the third female executive on the twelve board of directors at Superdrug, following the promotions of Amy Davies to people director…
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29 January
Frasers ups stake in THG to 4.8%
Mike Ashley’s Frasers Group has upped its stake in THG to 4.8% as it continues investing in a number of UK retailers. The group now holds 63,156,741 voting rights in the company. The news comes after THG received a £10m strategic investment from Frasers Group to fund the demerger of…
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23 January
Bloom Perfumery relocates to bigger location in Covent Garden
London’s Bloom Perfumery has relocated within Covent Garden to a larger location within The Yards. Accommodating the brand’s significant growth and popularity, Bloom Perfumery’s new flagship store is triple the size of its previous site. The perfumery selected The Yards’ 2,900 sq ft 4 Slingsby Place site, relocating from Langley…
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23 January
Rituals breaks €2bn revenue barrier
Rituals has announced that it posted revenues of €2.1bn (£1.78bn) in 2024 driven by an organic growth of 21% across all sales channels and countries. Alongside this, the company opened 241 stores across the world, an average of 5 stores per week. Key highlights include the opening of its first…
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23 January
THG hits FY expectations despite Q4 sales decline
THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having officially completed the demerger of Ingenuity. For the period ended 31 December 2024, THG experienced a 2.6% fall in revenues to £552.4m. While MyProtein sales fell by 5% in Q4,…
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23 January
Revolution Beauty warns FY sales may fall by quarter
Revolution Beauty has warned of a 25% decline in sales for the financial year ending 28 February 2025 due to experiencing some “sales softness” in December 2024. The beauty retailer has defined FY25 a “transformational year” during which it has discontinued over 6,000 unproductive SKUs – around 75% of its…
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