Unilever Nears Sale of Elida Beauty to Yellow Wood Partners
Unilever Plc is said to be in advanced discussions to sell its Elida Beauty division, which includes a range of non-core beauty and personal care brands, to Yellow Wood Partners, a private equity firm.
Coty Expands Beauty Business in India
Coty is expanding its operations in the Indian market, focusing on its Prestige and Consumer Beauty segments.
Kamloops Sephora Workers Negotiate for Improved Conditions
The Sephora store in Kamloops, the only unionised Sephora in North America, is negotiating with UFCW Local 1518 over worker conditions
Sally Beauty Debuts Digital Colorist
Sally Beauty has introduced “Licensed Colorist OnDemand” across the United States, a free digital service offering hair colour consultations from licensed professionals.
UK Consumers Shift to Home-Based Solutions Amid Economic Pressures
British consumers, facing financial pressure, are cutting back on expenses like hairdresser visits and coffee shop purchases.
Innospec acquires QGP Quimica
Innospec has announced that it has acquired QGP Quimica. Financial terms of the deal were not disclosed.
Will Walgreens spin off Boots UK?
Walgreens Boots Alliance is said to be considering an initial public offering for its Boots UK business on the London Stock Exchange.
Straand raises US$2.6 million in funding round led by Unilever Ventures
Straand has closed a US$2.6 million funding round led by the Harvey Family Office and Unilever Ventures. The round brings the scalp care brand’s fundraising total to US$4.6 million.
Sephora to open third UK store in 2024
Sephora has announced that it is planning to open a further UK store next year. The LVMH-owned retailer will cut the ribbon on a 5,380 square foot space in Manchester’s Trafford Centre in summer 2024.
P&G names new Board Member
Procter & Gamble has named Ashley McEvoy to its Board of Directors. McEvoy is best known for her three-decade-long career with Johnson & Johnson, culminating as Executive Vice President, Worldwide Chairman of MedTech.
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