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L'Occitane exceeds the €2 billion mark for its 2022/23 financial year

L'Occitane exceeds the €2 billion mark for its 2022/23 financial year

For its 2022/23 financial year ending March 31, the cosmetics group L'Occitane recorded a turnover of 2.13 billion euros, up 17.9%. This growth was driven by the acquisition of Sol de Janeiro.
Beauty
Body Shop owner Natura's Q1 is loss-making but it hails stronger performance

Body Shop owner Natura's Q1 is loss-making but it hails stronger performance

​The Body Shop’s owner Natura &Co has reported what it called a “resilient performance” for Q1, with sales growth in constant currency and an improvement in profit margins. It was still loss-making, however. 
Beauty
Superdrug celebrates National Beauty Banks charity milestone

Superdrug celebrates National Beauty Banks charity milestone

Health & beauty retail giant Superdrug is celebrating a charity beauty milestone. It’s now five years since the first 'National Beauty Banks’ bins were installed in its stores.
Beauty
Beauty ops do well for Unilever in Q1 but most sales growth driven by price rises

Beauty ops do well for Unilever in Q1 but most sales growth driven by price rises

​Consumer products giant Unilever has reported results for the first quarter and said that underlying sales growth (USG) “accelerated to 10.5%, driven by progress against strategic priorities”.
Beauty
Warpaint London has stellar year, expands in UK, Europe and US

Warpaint London has stellar year, expands in UK, Europe and US

​Beauty specialist Warpaint London reported 2022 results on Wednesday and talked of “record sales and significant profitability” reflecting a strong full-year performance. It also highlighted a “positive start to 2023”.
Beauty
THG shares continue rollercoaster ride after disappointing results

THG shares continue rollercoaster ride after disappointing results

​THG shares can’t seem to stay on an even keel. No sooner did they rise 40% Monday after news of a takeover approach for the company than they fell almost 20% Tuesday on investor disappointment in the company's results.
Fashion
Superdrug announces raft of store openings this year

Superdrug announces raft of store openings this year

Big expansion plans for Superdrug this year. The UK health & beauty retailer is investing in 25 new stores, expanding its bricks-and-mortar retail footprint while creating over 570 jobs nationwide. 
Beauty
THG revenue and profit affected by focus on holding down prices

THG revenue and profit affected by focus on holding down prices

Just a day after headlines about a surging share price linked to a bid approach for the company, THG was back in the news on Tuesday as it released a trading update and its full-year preliminary results.
Fashion
THG's share price surges after Apollo bid approach

THG's share price surges after Apollo bid approach

Shares in under-pressure UK online beauty e-tailer and e-commerce services provider THG leapt 40% at one point on Monday on news of an early-stage takeover approach from US private equity firm Apollo Global Management.
Fashion
Hou Juncheng on building Proya, China’s response to L’Oréal

Hou Juncheng on building Proya, China’s response to L’Oréal

Hou Juncheng has a dream, and it ain’t modest. He wants to own the biggest cosmetics company in China – and he’s already off to an extremely fast start. Over dinner in Paris, he reveals his next moves.
Beauty
Space NK to open at Liverpool One at same time as Sweaty Betty

Space NK to open at Liverpool One at same time as Sweaty Betty

​Space NK is continuing its UK expansion programme and is to make its debut at one of the country’s most successful malls, the Grosvenor-operated Liverpool One.
Beauty
Deinfluencing, or the art of negative reviews

Deinfluencing, or the art of negative reviews

Welcome to the art of deinfluencing, one of the latest trends on TikTok, in which influencers tell you what not to buy. As of early April, the hashtag had more than 430 million views on the video-sharing app.
Beauty
Mathéo Dizel appointed general manager of Travel Retail Europe at LVMH Beauty

Mathéo Dizel appointed general manager of Travel Retail Europe at LVMH Beauty

French luxury group LVMH has promoted Mathéo Dizel to general manager of Travel Retail Europe at LVMH Beauty. His responsibilities extend to the Acqua di Parma, Maison Francis Kurkdjian, Loewe, Fresh and Benefit brands.
Beauty
The Body Shop names Jordan Searle GM, North America

The Body Shop names Jordan Searle GM, North America

The Body Shop North America announced on Wednesday the appointment of Jordan Searle as general manager for the brand in the U.S. and Canada. 
Beauty
THG Ingenuity inks Maximo Group partnership deal

THG Ingenuity inks Maximo Group partnership deal

​Beauty e-tailer and e-commerce tech specialist THG has announced that its Ingenuity division has a big new partnership. It’s with Maximo Group, which owns sites including allbeauty.com and fragrancedirect.co.uk.
Beauty
Battersea Power Station sees 5m visitors, more brands sign up

Battersea Power Station sees 5m visitors, more brands sign up

​Almost six months after opening following a spend of billions, Battersea Power Station's operator said on Tuesday that it has welcomed more than five million visitors and still has brands signing up to take space.
Fashion