Douglas, a European perfume retailer, aims to raise up to €1.1 billion ($1.2 billion) through an IPO in Frankfurt, backed by its private equity owner CVC Capital Partners.
Boots has appointed Preyash Thakrar, a former Asda executive, as its new strategy and transformation director, starting March 1.
Superdrug announced a 20% price reduction on its Own Brand Oral Care range, ProCare, equating to the removal of VAT, to address the UK’s dental crisis and lack of NHS dentists.
Wild has launched in Tesco stores across the UK. The sustainable personal care brand’s range of deodorants, hair care and body washes will be sold in 744 locations with 69 featuring the fully branded standalone bay and 675 with shelf trays.
Wolf & Badger has cut the ribbon on a flagship store in London’s Soho. The 1400 sq ft space is stocked with fashion, jewellery, accessories and homeware from more than 100 sustainable and independent brands.
Chanel is launching a beauty pop-up in Edinburgh, Scotland, from March 9 to 30 at No. 8 Charlotte Square to showcase its new Rouge Allure Velvet Nuit Blanche lipstick, fronted by Margot Robbie.
Avon International is set to open its first franchise stores in Romania, marking a significant shift from its traditional direct sales model to include physical retail and enhanced online presence.
Rituals Cosmetics reported a record-breaking year in 2023 with over 1.7 billion euros in net revenue and a 22% global revenue growth, including nearly 20% growth in online sales.
Germany’s iconic department store, KaDeWe, has entered administration due to financial difficulties within René Benko’s Signa Group, which co-owns KaDeWe’s operating company and separately owns the building.
The John Lewis Partnership, which owns John Lewis and Waitrose, is considering eliminating up to 11,000 jobs across its 76,000-strong workforce over the next five years.