The Ordinary
This coverage examines The Ordinary’s business performance, strategy, and role within the UK retail market. Reporting includes updates on store openings, wholesale and distribution agreements, product launches, marketing campaigns, and leadership changes — all tailored for professionals managing beauty retail operations, buying, merchandising, and brand partnerships. Insights focus on the commercial outcomes and strategic positioning of this skincare brand within both mass-market and specialist retail contexts.
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Jul- 2024 -5 JulyNews
The O2 sales increase 10% in H1
The O2 has revealed that it has seen a 10% increase in sales and a 15.5% uplift in footfall during the first half of the year. The destination also saw a 15% increase in sales for Outlet Shopping at The O2, bolstered by the recent openings of Castore and All…
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Jun- 2024 -5 JuneHealth & Beauty
The Estée Lauder Companies completes acquisition of Deciem
The Estée Lauder Companies (ELC) has announced it has completed its acquisition of the Canadian-based, multi-brand company Deciem Beauty Group in a deal worth around $860m (£673m). ELC first invested in Deciem in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase…
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Feb- 2024 -7 FebruaryHealth & Beauty
Estée Lauder to cut up to 3,100 jobs amid global sales decline
Estée Lauder has announced a restructuring programme, which will see the group cut up to 3,100 jobs across its global workforce, as net sales fell 7% to $4.28bn (£3.39bn) for the second quarter ended 31 December 2023. According to the group, the restructuring programme will go hand-in-hand with a further…
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Jun- 2022 -16 JuneHealth & Beauty
THG rejects ‘undervalued’ takeover approaches
THG has announced it has rejected all unsolicited proposals for the company deeming them to be “unacceptable” and to “significantly undervalued the company”. In a statement released this morning ( 16 June) it said that as confirmed in the company’s preliminary FY 2021 results on 21 April 2022, THG has…
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10 JuneHealth & Beauty
THG to gift shares to 500 staff
Online beauty retailer THG has announced it is to gift shares to 500 of its employees. The Manchester-based firm said it will reward the selected members of staff below executive level subject to “achievement of various targets”. THG said an application has been made to the Financial Conduct Authority (FCA)…
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Jan- 2019 -22 JanuaryHealth & Beauty
Ousted Deciem founder Brandon Truaxe dies
The founder of beauty brand Deciem has died, the company announced in a statement on Monday (21 January). Brandon Truaxe, 40, launched the brand back in 2013 in Toronto and it is now best known for its skincare line The Ordinary. The news comes after Truaxe was recently ousted from…
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Oct- 2018 -10 OctoberHealth & Beauty
Beauty brand Deciem shutters all stores following bizarre Instagram post
Beauty brand Deciem, has closed all its stores until 2019 following an Instagram post by its founder who alleged “almost everyone at Deciem has been involved in a major criminal activity”. The Toronto-based company’s founder Brandon Truaxe made the claim in an online post on the brand’s official Instagram account.…
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