American Eagle Outfitters will start selling cannabidiol (CBD)-infused personal care products in the U.S. later this year, entering a market that has seen booming demand among the apparel retailer’s core younger clients.
As probiotic ingredients prove to be a key trend in skincare, indies specialising in the field are increasingly in the acquisition spotlight and UK-based Aurelia has just been bought by Hong Kong’s Health & happiness.
Innovaderma, the company behind makeup label Stevie K and Skinny Tan, has announced plans to launch its brands in new territories and branch out into new categories after seeing a 21% increase in revenue in 2019.
Acquisition-hungry online beauty and wellbeing retailer The Hut Group continues its pursuit of world domination as sales and profits soar. Group revenues grew 24% to £916m in 2018, while gross profit was up 31%.
The Hut Group has acquired a 12,000 sq. ft. unit in a Grade II listed building in Manchester city centre to build a ‘World of THG’ where it can showcase its health and beauty brands and host experiential events.
UK sales of prestige lavender-based beauty products have increased by 552% in value terms between January and April 2019, as British shoppers turn to comforting ingredients to relieve stress and anxiety.
UK health and beauty retail giant Boots is phasing out plastic bags from its stores with the aim of being plastic bag-free by next year. It's starting in 53 stores with unbleached paper bags now being offered.
Sales of sunshine-ready products helped British beauty retailer Superdrug post a 3.3% increase in sales in the 52 weeks to December 29, but the company saw annual profits dip amid “challenging times” for the high street.