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.
Beauty
Analysis and advice on the fast-evolving beauty business.
Skincare Products Don’t Have Sell-By Dates. Should They?
An increasingly science-conscious beauty consumer is realising what formulators have known for years: that active ingredients lose their potency far quicker than brands would like to admit. But are “use by” dates really the answer?
The Substack-ification of Beauty
Fashion newsletters have won loyal followings, but beauty authors are still finding their footing between commentary and shopping links.
Rita Ora Launches Hair Care Line
Typebea was created as a joint venture with Australian beauty entrepreneur Anna Lahey.
L’Occitane Sells Grown Alchemist Stake to Outgoing CEO
Outgoing group CEO André Hoffmann is taking a majority stake in the brand, while Grown Alchemist CEO Anna Teal will have minority ownership.
How Homegrown Indian Beauty Brands Are Plotting Their Next Launch
The global industry is turning its attention towards India with a slew of international brands bringing their best selling products to the subcontinent. But local lines are leveraging their close proximity to the customer to produce products that have a perfect market fit for regional shoppers and the diaspora alike.
Why I’m Excited About The Business of Beauty Global Awards
Our inaugural programme will honour three entrepreneurs changing the face of our industry.
The Business of Beauty Haul of Fame: Should You Get Carded for Skincare?
Brands’ tween outrage becomes a PR stunt.
Deepak Chopra, Gucci Westman and Dylan Mulvaney to Speak at The Business of Beauty Global Forum 2024
Request your invitation to attend our annual gathering for leaders shaping the global beauty and wellness industry.
Walmart Wants in on Luxury Beauty. Will Shoppers Follow?
The US mega-chain is continuing to build out its assortment of prestige beauty brands and services.
Lana Del Rey’s Makeup Artist Etienne Ortega Unveils Beauty Brand
With advice from Kris Jenner, the artist debuts his new makeup line, Ortega.
The Perfumers Driving the Fragrance Industry
While brand names and celebrities get the public to buy scents, it’s leading behind-the-scenes noses who fuel innovation and set key trends.
Introducing The Business of Beauty Global Awards
In June, BoF will honour the entrepreneurs shaping the future of the beauty industry at The Business of Beauty Global Forum 2024. Apply for your chance to join us.
THE NEWS IN BRIEF
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.
Vyrao Acquired by Brand Platform Tresalis
The niche perfume brand has been purchased by the new beauty operator created and backed by German investment firm Athos.
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.