Walgreens could lose billions on Boots sale as previous potential buyers CVC and Bain lower valuation of the company
Walgreens may be set to lose billions in the sale of Boots as previous suitors CVC and Bailn suggest a valuation of £4 billion, a huge drop from the £7 billion price tag it was hoping to command.
Galeries Lafayette Haussmann launches Europe’s first wellness floor
Galeries Lafayette Haussman is gearing up to unveil what it claims to be Europe’s first space to be dedicated entirely to wellness.
Lush to reinvest in British operations following US buyout; writes off businesses in Russia
Lush is set to reinvest in its British operations following the company’s buy-out of its North American partner, which would add more than 80 per cent to its revenues as its single largest market, according to the FT.com.
Carrefour Group joins forces with Daphni to launch venture capital fund, Dastore
Carrefour Group has announced it is joining forces with European venture capital firm daphni to launch Dastore, a dedicated venture capital fund aimed at investing in early stage start-ups that are addressing the digital retail space.
Henkel continues operations in Russia despite war in Ukraine
THE WHAT? Henkel has reported that it will continue operations in Russia despite the ongoing industry-wide condemnation of its invasion of Ukraine.
Russian shoppers look East after Western brand exodus
Brands from China, India, Iran and Turkey could soon enjoy a new found popularity among Russian consumers, according to a report published by Reuters, after a number of Western brands withdrew from the market.
Holland & Barrett bans chemical sunscreen; launches own-brand mineral range
Holland & Barrett has made its entire suncare range reef safe, by banning the sale of all sun care products containing the ingredients Oxybenzone and Octinoxate, said to be damaging for the ocean, from all nationwide stores and on its website.
Dior reopens flagship boutique 30 Montaigne following two-year renovation 
LVMH-ownedDior has reopened its flagship boutique 30 Montaigne following a two-year renovation
LUSH stops supply of goods to Russia but is barred from closing stores
Lush has stopped all supplies from reaching Russia during the country’s invasion of Ukraine,
British businesses open doors to Ukrainian refugees
A coalition of British businesses including Marks & Spencer has formed in order to provide jobs and accommodation for Ukrainian refugees, according to a report by The Times.
LATEST NEWS
