The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed The Body Shop, a renowned ethical beauty retailer, is facing a challenging situation as it navigates through the aftermath of falling into administration. With approximately £219 million ($284 million) owed to its suppliers, the company has announced that these creditors […]
Sephora Overhauls Asia Leadership After China Setback
Sephora Overhauls Asia Leadership After China Setback Sephora, the renowned beauty retailer under the umbrella of luxury conglomerate LVMH, is making strategic changes in its Asian leadership team following a challenging period in its Chinese operations. The company has appointed Guillaume Motte, its chief executive officer, to spearhead the brand’s endeavors in the lucrative Chinese […]
Space NK to Open New London Flagship
Space NK to Open New London Flagship Space NK, the renowned premium British beauty store, is set to make a bold statement in the heart of London with the opening of a new flagship store. Spanning an impressive 4,600 square feet, this new retail space will be located on the bustling Oxford Street, taking over […]
The African Beauty Retailers Global Brands Rely On
The African Beauty Retailers Global Brands Rely On From Kenya to Nigeria and Angola to Morocco, multi-brand retailers across Africa are helping global brands access high-growth emerging markets still untapped by major chains like Sephora. In recent years, the beauty industry in Africa has been experiencing a significant boom, driven by a growing middle class, […]
Australian Beauty E-Tailer to Open 25 Stores By 2028
Australian Beauty E-Tailer to Open 25 Stores By 2028 The beauty industry is constantly evolving, with new trends and innovations shaping the way we shop for skincare and makeup products. As more consumers turn to online shopping for their beauty needs, one Australian e-tailer is taking a bold step into the world of brick-and-mortar stores. […]