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.
Can Walmart Become a Major Beauty Player?
Walmart is going up against Target, Ulta and others in its efforts to become a destination where people can find some of the newest and coolest names in beauty.
How Beauty Brands Can Address Mental Health
The beauty industry, long synonymous with marketing that promoted unattainable ideals, now touts the importance of mental health. But getting consumers to believe the message is authentic is another challenge.
Why FaceGym Is Looking Beyond the Clinic
The company best known for facial “workouts” saw its skin care business grow online during the pandemic. A new Sephora partnership aims to bring the brand to a new set of customers.
The Face Changing TikTok Skin Care
Charlotte Palermino, a leading ‘skinfluencer’ and co-founder of decidedly not clean skin care brand Dieux, is using her platform to shift the conversation around “clean beauty.”
Function of Beauty Finds New Chief Executive in Laura Mercier President
After a $150 million investment from L Catterton, the custom hair care brand is ramping up hiring and has its sights set on global growth.
TikTok and Instagram Are Turning Gen-Z on to Botox
Providers are changing their business models to cater to the younger generation’s focus on prevention and Instagrammable fixes, as interest in cosmetic procedures rises.
Bella Hadid Joins Wellness Drink Brand
The supermodel will bring her reach and branding skills to ready-to-drink ‘self care’ beverage business Kin Euphorics, where she will be co-founder and partner.
Coty Is Banking Its Future on Prestige and Celebrity
As sales recover, the cosmetics company is investing in brands like Kylie Cosmetics and Gucci Beauty to keep momentum going.
Will Prestige Beauty Sell in a Big Box Store?
Kohl’s and Target are launching shop-in-shop concepts with Sephora and Ulta this month.
Beauty’s Big Data Opportunity
Beauty brands are focusing on data analytics to inform their product development and marketing as the industry moves toward greater personalisation.
Beauty Testers Are Back
Last year, retailers rolled out pandemic-friendly digital alternatives to in-store makeup samples. But consumers rebelled.
What’s Next for Beauty Investors
A return to pre-pandemic beauty habits means people are heading back to stores to shop for skin care and makeup — and investors are rethinking where they’re putting their cash.
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.