The American owner of the UK’s Boots health & beauty chain said the company needs to close stores and cut more costs after the “most difficult” quarter it has seen in its five-year history as a mutinational group.
Manchester-based The Hut Group has increased its bank borrowing to $1bn (about £766m) and welcomed Shanghai Pudong Development Bank as an investor to support “major investments in beauty, technology and infrastructure”.
The Tom Ford brand is seeing in spring 2019 with a new fragrance that captures the sweet smell of summer, evoking the sun-soaked beaches of the Mediterranean. "Costa Azzurra Acqua" is scheduled to land this springtime.
The leading K-beauty retailer has announced that it is expanding its partnership with Ulta, introducing its popular private-label skincare collection to almost all of the cosmetic chain’s stores across the US.
The Ohio-based department store operator announced on Monday that it has appointed Dennis Mullahy to the position of chief supply chain officer, a newly created role at the retailer, currently undergoing restructuring.
Instagram is testing a new seek feature for video posts, following the announcement of a roll-out of tools set to help brands and influencers establish and maintain more powerful marketing partnerships.
Japanese cosmetics giant Shiseido has signed a business partnership with Alibaba to develop new products for the Chinese market. It said the tie-up will also see the companies collaborate on marketing and ecommerce.
Johnson & Johnson’s baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to the state’s drugs watchdog, findings that were rejected by the U.S. drugmaker.
Sports Direct, the retail group that is seeking control of Debenhams, said it has been contacted by other shareholders in the department store group expressing their support to install Mike Ashley as Debenhams CEO.