Boots Acquired by Canada’s Weston Family for $8.9 Billion
The Westons agreed on Wednesday to buy the UK's Boots from Sycamore Partners and the Pessina family, pledging to invest in the retailer's stores and online and expand healthcare services.
Beauty
Analysis and advice on the fast-evolving beauty business.
How Shai Eisenman’s Bubble Broke Through With Gen-Z
Bubble, a Gen-Z obsessed beauty brand, has managed to surpass the eight-figure revenue mark and is chasing $100 million by 2026. This week it debuts a new partnership with Ulta.
The Year’s Most Talked-About Beauty Brands
Dior and L’Oreal Paris were among the brands that made the most noise across media, while Kylie Cosmetics was the only celebrity brand to see growth, according to a report from Paris-based data analytics firm Launchmetrics.
How Beauty Brands Can Help Cancer Patients
For those battling cancer, the treatment that could save their lives — chemotherapy and radiation — can severely damage their skin. So far, few beauty brands — La Roche-Posay is one of them — have stepped up with solutions.
What It Takes to Crack a New Market In Beauty
Sephora has failed in the UK in the past, but the pieces are there for it to be a success this go-round — if executed correctly.
Marisa Meltzer Is Writing Glossier Tell-All Book
The journalist’s book “Glossy,” set to be released in Summer 2023, will unpack the rise of the brand, and its enduring impact on beauty, business and culture.
BoF LIVE | Unpacking the Textured Hair Care Opportunity
Please join us on Thursday, October 13 as BoF’s Tamison O’Connor and Sheena Butler-Young, along with a panel of experts, unpack the texture hair care opportunity.
Why Amazon’s Latest Beauty Venture Is About More Than Sales
This week, Amazon-owned Shopbop became the third high-end fashion e-tailer this year to get into beauty. The goal may be more about drawing people to the site than becoming a powerhouse in the category.
What’s Going On at Into the Gloss?
Into the Gloss, the pioneering beauty website created by Emily Weiss in 2011, hasn’t been updated since June.
The Next Generation of Dermatologist Skin Care Brands
As more dermatologists launch their own skin care brands, simply slapping an MD-approved label on a product isn’t enough to win consumer approval.
Can Brad Pitt Break the Celebrity Beauty Brand Curse?
The A-list actor says Goop was an inspiration for his new skin care line, Le Domaine. But it takes more than a famous founder and shockingly high prices to succeed.
The Next Wave of Modernisation in the Textured Hair Market
British startup Ruka, set to land in Selfridges early next month, is part of a new wave of brands looking to shake up the hair extensions and wigs space with technology-driven solutions for the modern Black consumer.
The Problem With Barneys New York Beauty
Barneys New York is getting back into beauty — but not as a retailer. But simply putting the Barneys logo on creams and serums may not be enough to convince consumers.
THE NEWS IN BRIEF
Report: L’Oréal Explores Unloading Chemical-Related Liabilities
The French company has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday.
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.
Scarlett Johansson’s Skincare Brand The Outset Closes
As of Monday, the premium brand’s website has been updated with a message announcing its closure.