The latest Retail & Tech newsletter out today – No 174
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Macy’s names two new independent directors in agreement with Arkhouse
Macy’s is continuing talks with investment companies Arkhouse Capital and Brigade Capital Management.
NRDC Equity Partners and BB Kapital to acquire Galeria Karstadt Kaufhof
NRDC Equity Partners and BB Kapital, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof.
The latest Retail & Tech newsletter out today – No 173
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Sephora to open two new stores in UK
Sephora is continuing its northern expansion in the UK by opening two new stores in Newcastle this autumn.
Dover Street Market to open permanent concept store in Paris
Dover Street Market is to open a permanent concept store in Paris in mid-spring this year.
Fragrance launches up 7% in 2023
Michael Edwards has released his Quarterly Insights: 2023 Annual Report.
Walmart launches beauty brands from second accelerator program
Walmart has launched the beauty brands from its second Walmart Start accelerator program.
Legacy store unveils new fragrance department
Paris concept store Legacy has unveiled its new department dedicated to designer fragrances.
Sephora opens new flagship store in Florence, Italy
Sephora has opened a new flagship store in the center of Florence, Italy.
Central Group intends to buy Selfridges, KaDeWe Group and Globus from Signa
Thailand’s Central Group intends to buy Selfridges, KaDeWe Group and Switzerland’s Globus from Signa Retail Luxury Holding.
Saks Fifth Avenue in talks to raise financing to buy Neiman Marcus
The owners of Saks Fifth Avenue are in talks to raise financing to boost the cash portion of a bid to buy rival Neiman Marcus
The latest Retail & Tech newsletter out today – No 172
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Boots sales up 5.9% in Q2
UK-based retailer Boots reported retail sales growth of 5.9% for the second quarter of the year.
Innisfree launches rebrand in the US
Innisfree has launched its global rebrand in the US market which includes new packaging, logo and clean and cruelty-free formulas.
Shoppers Drug Mart launches cosmetics recycling program
Shoppers Drug Mart has partnered with recycling company TerraCycle to launch the Quo Beauty Cosmetics Free Recycling Program.
Haus Labs by Lady Gaga expands with Sephora across Europe
Haus Labs by Lady Gaga has expanded exclusively with retailer Sephora across Europe.
The latest Retail & Tech newsletter out today – No 171
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Sephora launches ‘Clean at Sephora’ and ‘Planet Aware at Sephora’ programs
Sephora has launched its 'Clean at Sephora' and 'Planet Aware at Sephora' global programs.
Josef Schultheis named Chief Restructuring Officer of KaDeWe, Michael Peterseim to exit
Josef Schultheis has been named Chief Restructuring Officer of the KaDeWe Group and Michael Peterseim is to step down as acting CEO.
Superdrug to implement price freeze across make-up products
Superdrug is to implement a price freeze across 5,000 make-up products.
Estée Lauder Companies moves 15 beauty brands to Sanya Block C
The Estée Lauder Companies Travel Retail has moved 15 beauty brands to CDFG’s new Global Beauty Plaza at its Sanya International Duty Free Shopping Complex in Haitang Bay, Hainan.
Sephora to exit Korea
Sephora is to gradually close its operations in Korea after a statement announcing the news was posted to its social media accounts.
Kering denies considering a stake in Selfridges
Luxury goods giant Kering has denied a media report that it is considering a stake in UK-based department store Selfridges, according to Bloomberg.
Nordstrom family said to want to take retailer private
The founding family behind US-based department store operator Nordstrom wants to take the retailer private, according to Reuters.
The latest Retail & Tech newsletter out today – No 170
BW Confidential’s newsletter on the latest retail & tech trends in beauty
Coty opens beauty stores at Sanya Block C
Coty has opened new stores for several of its Prestige beauty brands in Block C at the CDFG Sanya International Duty Free Shopping Complex.
Ulta Beauty to expand to Mexico, sales up 10.2% in Q4
Ulta Beauty is to form a joint venture with brand distributor Grupo Axo to launch and operate Ulta Beauty in Mexico in 2025.
AS Watson names new CEO of Marionnaud Group
Retail company AS Watson Group has appointed Kulvinder Birring
Beauty consumers want discovery-led, and interactive experiences in-store
Shoppers prefer discovery-led, high-touch and interactive experiences in-store as they look for ways to cut through confusion in the beauty category and overcome choice paralysis.