Walgreens Owner Nears US$9 Billion Sale of Boots
Walgreens’ private equity owner Sycamore Partners is reportedly nearing a deal to sell UK pharmacy and beauty retailer Boots to the Canadian arm of the Weston family for close to US$9 billion including debt.
Kiehl’s Opens European Flagship on London’s Carnaby Street
L’Oréal-owned Kiehl’s has opened a new European flagship on London’s Carnaby Street, combining retail, skin diagnostics and content creation as the skincare brand increases investment in physical retail.
Bath & Body Works Expands into Sensitive Skin with New Essentials Franchise
Bath & Body Works has launched Essentials, a new sensitive skin body care franchise, expanding its portfolio into more functional, ingredient-led personal care while retaining fragrance as a core proposition.
Kurly and Amorepacific Partner to Develop Exclusive Beauty Products
South Korean e-commerce platform Kurly has formed a strategic partnership with Amorepacific to develop exclusive products for Beauty Kurly and expand joint marketing initiatives.
Treatwell Appoints Coline Herné Chief Marketing Officer
Beauty booking platform Treatwell has appointed Coline Herné Chief Marketing Officer as it looks to accelerate growth and strengthen its relationships with beauty professionals across Europe.
Oura Delays US IPO Despite Strong Investor Demand
Smart ring maker Oura has postponed its planned US initial public offering, citing uncertainty in the IPO market despite the offering reportedly attracting orders for around four times the available shares.
Dyson Addresses CameraJet Toothbrush Fault After Water Seepage Issue
Dyson has attributed reliability problems affecting the launch of its US$499 CameraJet AI-powered toothbrush to water seepage caused by a production issue affecting one batch of jet tubes.
Amorepacific Invests in Junevity to Develop Next-Generation Skin Rejuvenation Technology
Amorepacific has partnered with biotechnology company Junevity to develop next-generation cosmetics targeting skin ageing, alongside a strategic investment through its corporate venture arm, Amorepacific Ventures.
US Lawmakers Demand Answers from Revlon Over FDA Manufacturing Findings
Nine members of the US Congress have written to Revlon Group Holdings CEO Michelle Peluso seeking answers following an FDA warning over testing and quality-control deficiencies at the company’s Oxford, North Carolina manufacturing facility.
Scarlett Johansson’s Skincare Brand The Outset Closes
The Outset, the premium skincare brand founded by Scarlett Johansson and Kate Foster Lengyel, has closed four years after launching.
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