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Wellness

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J&J looks at job cuts despite weathering inflation impact

J&J looks at job cuts despite weathering inflation impact

Johnson & Johnson on Tuesday posted better than expected third-quarter earnings on strong demand for its cancer drug Darzalex, but said it may still cut some jobs as it contends with inflationary pressure.
Beauty
Brazil's Natura mulls U.S. IPO, spin-off of luxury Aesop brand

Brazil's Natura mulls U.S. IPO, spin-off of luxury Aesop brand

Brazilian cosmetics company Natura & Co on Monday said it has begun studying a possible initial public offering (IPO) in the United States or spin-off of its Aesop brand, as it looks to fund its expansion.
Beauty
Sephora launches 'powerful' campaign to mark retailer's UK return

Sephora launches 'powerful' campaign to mark retailer's UK return

Sephora is back in the UK as of now and the prestige beauty retailer is marking its online return with a new "powerful" promotional campaign celebrating the country’s “living tapestry of cultures and identities”.
Beauty
Sales at Selfridges UK stores bounced back last year but remained loss-making

Sales at Selfridges UK stores bounced back last year but remained loss-making

​After a 40% drop in sales during 2020 and a swing to major losses due to the pandemic, 2021 was much better for the four UK Selfridges stores (albeit still loss-making), its just-filed accounts have shown.
Luxury
Battersea Power Station is finally open, biggest retail development in years

Battersea Power Station is finally open, biggest retail development in years

Battersea Power Station finally reopened on Friday as a giant shopping mall and leisure destination after a transformational - and hugely expensive - restoration.
Fashion
Boots enjoys strong growth as owner hints sale process is only "paused"

Boots enjoys strong growth as owner hints sale process is only "paused"

Boots owner Walgreens Boots Alliance has only hit the ‘pause’ button on its long-running attempt to sell the UK health and beauty giant rather than ending the process completely as had been thought.
Beauty
Retailer Kohl's faces fresh call for board rejig from activist group Macellum

Retailer Kohl's faces fresh call for board rejig from activist group Macellum

Activist investor group Macellum Advisors is once again pushing for board seats at the struggling department store chain Kohl's Corp and the ouster of its chairman, according to a letter from the hedge fund on Thursday.
Beauty
Oh My Cream opens in London's Notting Hill, King's Road is next

Oh My Cream opens in London's Notting Hill, King's Road is next

​French premium beauty retailer Oh My Cream has expanded outside of its domestic market for the first time with the opening of a store in London’s Notting Hill. It also has one planned for the King’s Road.
Beauty
L:A Bruket unveils a new face line and strengthens its retail network

L:A Bruket unveils a new face line and strengthens its retail network

A busy start to the year for Swedish beauty brand L:A Bruket, which is strengthening its retail presence in Paris and Hong Kong, and updating its facial range with a new collection of seven skincare products. 
Beauty
Rituals to open first UK 'premium store' at Battersea Power Station as Nike also signs up

Rituals to open first UK 'premium store' at Battersea Power Station as Nike also signs up

​The opening of Battersea Power Station as a giant shopping mall this Friday will see the debut of Rituals’ first UK flagship wellbeing hub, along with a major store from Nike that joins other sports specialists.
Fashion
Sephora returns to UK with e-tail debut ahead of physical store

Sephora returns to UK with e-tail debut ahead of physical store

​There's been lots of speculation about LVMH’s Sephora returning to the UK and now it's been confirmed. It debuts on 17 October with feelunique.com, the beauty retailer it acquired last year, rebranded as sephora.co.uk.
Beauty
ByteDance losses triple to more than $7 billion: report

ByteDance losses triple to more than $7 billion: report

Chinese-owned TikTok parent ByteDance saw operating losses more than triple last year to more than $7 billion, according to a Wall Street Journal report on Thursday.  
Beauty
U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers set to spend more this Holiday season despite inflation woes: KPMG

U.S. shoppers are set to spend more this Holiday season, with a shopper's average spend increasing by 6% on last year, despite most shoppers worried about inflation leading up to the busy period. 
Fashion
Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

The Pierre Fabre group has just appointed Frédéric Ennabli as managing director of its dermocosmetics and personal care division, which includes brands such as Klorane, Avène and Ducray.
Beauty
Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido Europe is set to acquire Gallinée, a brand founded in 2016 by France’s Marie Drago. The brand harnesses active probiotics to soothe, balance and strengthen skin.
Beauty
Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media, France’s leading magazine publishing group, will launch the French edition of U.S women's fashion magazine Harper's Bazaar next March, as the group announced in a press release on Tuesday.
Fashion