HBC to cut jobs as it establishes Saks Global
Hudson's Bay Company is to cut jobs as it groups Saks Fifth Avenue and Saks OFF 5TH alongside Neiman Marcus Group's banners in a new entity called Saks Global.
Lush opens fragrance concept store in London
Lush has opened what it calls a Perfume Library on Beak Street in Soho, London.
Boots launches Prada Beauty and Made by Mitchell
Boots has added two new brands to its assortment, Prada Beauty and Made by Mitchell.
The latest Retail & Tech newsletter out today – No 188
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Saudi Arabia Investment Fund offers to raise its stake in Selfridges
Saudi Arabia’s Public Investment Fund (PIF) has made an offer that would raise its stake in UK department store Selfridges to 50%, according to Bloomberg News.
Kao to open first flagship store for Kate brand in Tokyo
Kao Corporation is to open its first global flagship store for make-up brand Kate in Tokyo, Japan.
The Body Shop enters exclusivity agreement for buyout
The administrators of The Body Shop, FRP Advisory, has entered into an exclusivity agreement with a consortium led by investment company Auréa.
Douglas Group raises sales forecast, sells online pharmacy business
Douglas Group has raised its net sales growth forecast for the current financial year 2023/24 from around 7% to around 8.5%.
The latest Retail & Tech newsletter out today – No 187
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Innovative Beauty Group partners with Family Dollar to launch haircare line
Innovative Beauty Group’s (IBG) brand incubator has partnered with Family Dollar to launch a haircare line called Crown Hair Society.
Macy’s ends buyout talks with Arkhouse and Brigade
Macy’s has terminated discussions with investment companies Arkhouse Management and Brigade Capital Management about a potential buyout.
Sephora to open new store in UK
Sephora UK is to open a new store in Birmingham at the Bullring shopping center, continuing its retail expansion in the country.
Augustinus Bader to open pop-up in Paris
Skincare brand Augustinus Bader is to open a pop-up in Paris in September in collaboration with artist Harry Nuriev.
The latest Retail & Tech newsletter out today – No 186
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Superdrug sales up 11.8% in 2023
Superdrug has reported sales rose by 11.8% to £1.52bn for the year 2023 (vs £1.36bn in 2022).
Arkhouse and Brigade up offer to acquire Macy’s
Arkhouse Management and Brigade Capital Management are said to have upped their bid to buy Macy's for around $6.9bn.
Watsons Malaysia unveils branded Air Asia airplane
Watsons Malaysia has unveiled its first Watsons-branded airplane in collaboration with AirAsia to mark its 30th anniversary.
Saks owner buys Neiman Marcus for $2.65bn
The parent of Saks Fifth Avenue has finalized a deal to buy rival Neiman Marcus for $2.65bn.
SK-II opens new retail concept in Kuala Lumpur
SK-II has opened a new retail concept at the Mid Valley Megamall in Kuala Lumpur, Malaysia.
The latest Retail & Tech newsletter out today – No 185
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Boots CEO to exit as WBA abandons sale
The CEO of UK-based health and beauty retailer Boots, Sebastian James, is said to be leaving the company in November.
Sephora UK to launch new loyalty program
Sephora UK is to launch a new tiered points-based loyalty program called MySephora on July 2.
Estée Lauder opens new Skin Longevity Institute in Hainan
Estée Lauder (ELC) has launched its new Skin Longevity Institute retail concept at the Global Beauty Plaza in Haitang Bay, Hainan, China.
Coty partners with Sephora to sell Marc Jacobs fragrances in China
Coty has partnered with retailer Sephora to exclusively distribute and sell its Marc Jacobs fragrances in China.
Sisley opens first store for new brand Neuraé
Sisley has opened the first store for its skincare brand based on neuroscience NEUR|AÉ.
The latest Retail & Tech newsletter out today – No 184
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Frasers Group inks partnership with THG
Retail company Frasers Group has inked a multi-year partnership with e-commerce retail company THG Group.
Chanel unveils perfume and beauty pop-up in Saint Tropez, France
Chanel has unveiled for the first time an ephemeral boutique dedicated to perfumes and beauty in Saint-Tropez, France.
The Ordinary opens pop-up in Paris, France
The Ordinary has opened its first pop-up shop in France from June 20-23, 2024, located in the Marais district of Paris.
The PCA Companies acquires Space NK’s US wholesale division
Space NK’s US wholesale business has been acquired by beauty and wellness distributor The PCA Companies.