The Bolingbrook, Illinois-based cosmetics retailer has unveiled the Muse 100, an initiative that recognizes and awards grants to 100 trailblazing Black voices working in different fields of the beauty industry.
Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.
Boots is upping its delivery credentials. The UK health & beauty retail giant has signed with Deliveroo and its takeaway app to offer around 400 store items for home delivery in pilot programme in 11 city centres.
Harrods opened its new Hair & Beauty Salon on Monday after a makeover for the location. The 16,985 sq ft space has new “game-changing” features and “must-have” products from “the world’s most innovative beauty brands”.
Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Unilever's first-half results should give a sign of how it is coping with rising commodity and transport costs - whether it has managed to lift prices without hitting sales volumes, or whether margins are being squeezed.