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Wellness

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Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the struggling retailer tries to avoid bankruptcy. 
Beauty
Unilever to build Mexico plant as part of $400 million investment

Unilever to build Mexico plant as part of $400 million investment

Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three years, the company said on Tuesday.
Beauty
Marco Marchi named president of Coin SpA

Marco Marchi named president of Coin SpA

The founder of Liu Jo has been named president of Italian department store group Coin SpA. A former board member, Marchi succeeds Giorgio Rossi, who will stay on as a board member.
Beauty
Hein Schumacher is new Unilever CEO

Hein Schumacher is new Unilever CEO

Global beauty and consumer products giant Unilever has announced its new CEO who’s set to take over from outgoing chief Alan Jope on 1 July. And his name? Step forward Hein Schumacher.
Beauty
Bed Bath & Beyond gets loan default notice from JPMorgan

Bed Bath & Beyond gets loan default notice from JPMorgan

Bed Bath & Beyond Inc said on Thursday it had received a notice of default on its loan from JPMorgan Chase Bank N.A., triggering a 22% slump in its shares. 
Beauty
John Lewis beauty trends forecast takes in mushrooms, skin HIIT

John Lewis beauty trends forecast takes in mushrooms, skin HIIT

John Lewis has launched a new Beauty & Wellness Moments report and has focused on a number of key beauty trends it sees as big for 2023.
Beauty
P&G raises sales forecast on price hikes, sees volumes fall

P&G raises sales forecast on price hikes, sees volumes fall

Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.
Beauty
Bed Bath & Beyond looks for buyers, lenders before potential bankruptcy: report

Bed Bath & Beyond looks for buyers, lenders before potential bankruptcy: report

Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on Wednesday.   
Beauty
THG update sends shares lower as it warns on profits

THG update sends shares lower as it warns on profits

THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet. 
Fashion
Sephora UK's first store will be at Westfield London

Sephora UK's first store will be at Westfield London

Hot on the heels of last year’s UK re-entry for Sephora online, it has now revealed the location for its previously-promised first British physical store.
Beauty
Harrods tests in-store recycling at H Beauty branch

Harrods tests in-store recycling at H Beauty branch

Sustainability will remain a 2023 priority despite the cost-of-living crisis. And with its customers perhaps less worried about rising bills, it certainly will be key for Harrods.
Beauty
Lone Design Club links with Trinity Leeds for lifestyle pop-up

Lone Design Club links with Trinity Leeds for lifestyle pop-up

​Lone Design Club has partnered with property giant Landsec to open a pop-up store within its Trinity Leeds shopping destination. The collab aims to “bridge the gap between sustainable living and wellness brands”.
Beauty
Space NK sees festive sales jump, plans new stores as it preps upsized Westfield debut

Space NK sees festive sales jump, plans new stores as it preps upsized Westfield debut

​Premium beauty retailer Space NK is to invest more money into its physical stores business, the company’s CEO has said following news of growth in sales over Christmas.
Beauty
Bed Bath & Beyond to lay off more employees to trim costs

Bed Bath & Beyond to lay off more employees to trim costs

Bed Bath & Beyond will lay off more employees in an attempt to reduce costs, the company said on Tuesday, a week after announcing it was exploring options including bankruptcy.
Beauty
Bed Bath & Beyond preparing to file bankruptcy within weeks

Bed Bath & Beyond preparing to file bankruptcy within weeks

Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers. 
Beauty
Coty: Lubomira Rochet (ex-L'Oréal) joins the board of directors

Coty: Lubomira Rochet (ex-L'Oréal) joins the board of directors

Lubomira Rochet, who led L'Oréal's digital division for seven years, is joining the board of American cosmetics group Coty. 
Beauty