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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Sep- 2024 -25 September
Boots partners with Just Eat for beauty and healthcare deliveries
Just Eat has announced a new partnership with Boots to deliver on-demand beauty and healthcare products. The announcement marks the first time Just Eat has partnered with a pharmacy-led retailer. The initial launch is being rolled out across major cities including London, Birmingham, Manchester, Leeds, Glasgow and Edinburgh. Customers in…
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18 September
Sephora opens new store in Eldon Square
Global beauty retailer Sephora has announced the opening of its new store in Eldon Square shopping centre, Newcastle. Sephora has taken over a 6,515 sq ft unit to offer shoppers a wide array of brands across beauty, cosmetics, haircare, skincare and more. The Newcastle opening is the fourth store for…
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9 September
Auréa completes Body Shop rescue deal
Auréa, the growth capital firm co-founded by Mike Jatania and Paul Raphaël, has completed its acquisition of The Body Shop. This investment represents Auréa’s largest transaction to date. Jatania and Charles Denton will serve as executive chairman and CEO respectively and will jointly steer The Body Shop’s revival and “reclaim…
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6 September
New Body Shop owner lines up working capital amid rescue deal
The new owners of The Body Shop are in advanced talks to secure more than £30m in working capital from Hilco Capital as they finalise a deal to buy the chain out of administration, according to Sky News. The news comes after businessman Mike Jatania’s consortium, Auréa Group, officially entered…
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Aug- 2024 -20 August
Estée Lauder sales fall in ‘difficult year’ as CEO departs
Estée Lauder has seen sales dip by 2% to $15.6bn (£12bn) in its full-year results, in part due to an “ongoing softness” in the China market, whilst also forecasting a fall in sales for the current fiscal year. While the group forecast lower than expected sales and earnings in FY25, it…
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14 August
Avon UK owner files bankruptcy to avoid $1bn debt
The owner of Avon in the UK, Europe and Latin America, Avon Products Inc (API), has filed for Chapter 11 bankruptcy as it tries to offload $1bn worth of debt, according to The Telegraph. The debt also includes millions of dollars in liabilities linked to lawsuits alleging that talc in…
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12 August
Salt & Stone secures ‘significant’ investment from Humble Growth
Salt and Stone, the US-based body care brand, has announced it has secured a “significant investment” from investment firm Humble Growth. Founded in 2017 by former pro snowboarder Nima Jalali, Salt and Stone claims to sell one product every seven seconds and has profitably achieved consistent triple-digit year-over-year revenue growth.…
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7 August
Holland and Barrett adopts latest crime prevention tech
Holland and Barrett has made further investments in loss and theft prevention by adopting Auror’s latest crime prevention technology across its store network. It comes as increasing levels of crime have been affecting the retail industry, with data from Auror confirming there has been a 178% increase in repeat offenders…
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7 August
Sephora to open in Bluewater Shopping Centre
Sephora UK has announced that it is set to open a new store in Kent’s Bluewater Shopping Centre this winter. The new store location will mark the beauty retailer’s seventh store opening since its launch into the UK in 2022, with stores already located in London’s Westfield White City and…
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Jul- 2024 -29 July
Walgreens outlines Boots investment plans after abandoning sale
Walgreens Boots Alliance has laid out plans that will see it invest in retailer Boots after shelving plans for its sale for the second time, according to The Sunday Times. The company revealed to the paper that it has begun “sprucing up” the retailer’s stores, investing in its beauty halls,…
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