CurrentBody: Owner of beauty tech firm used by Kim Kardashian and Serena Williams eyes £350m London Stock Exchange float February 4, 2025 The group behind beauty technology company CurrentBody is eyeing a float on the London Stock Exchange which could be worth £350m. The Beauty Tech Group has lined up Berenberg to lead the business through an initial public offering (IPO), according to a report first published by Sky News. The group is headquartered in Manchester and [...]
Revolution Beauty expects sales to fall by a quarter in blow to turnaround plans January 23, 2025 Revolution Beauty expects sales to fall by around a quarter in 2025 in a blow to the troubled cosmetics firms’ turnaround plans. The London-listed group said it had experienced some sales softness in its digital channels and an element of de-stocking from US retailers in December. It has also pushed back the launch of certain [...]
Coty: Rimmel and Max Factor owner slumps to £53m UK&I loss January 7, 2025 The UK and Ireland arm of Coty, the global beauty and cosmetics giant behind the likes of Rimmel and Max Factor, slumped to a loss of more than £50m during its latest financial year. The Kent-headquartered division has posted a pre-tax loss of £53.4m for the 12 months to 30 June, 2024, according to newly-filed [...]
Warpaint London to acquire fellow beauty specialist Brand Architekts December 5, 2024 Cosmetics firm Warpaint London has announced the acquisition of fellow beauty brand specialist Brand Architekts. Warpaint London, the company behind makeup brands W7 and Technic, told markets today it has reached an acquisition agreement for the entirety of issued and to be issued share capital of the Brand Architekts. The company said under the terms of [...]
Brand Architekts: Sales at owner of Skinny Tan and Super Facialist slump October 21, 2024 Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist, has reported a fall in sales as it pivots to fewer, bigger brands. The company reported an underlying loss of £0.4m compared to a loss of £1.2m for 2023, while its gross profit margin increased 1.5 per cent to 41.2 per [...]
International expansion helps Charlotte Tilbury sales jump by £140m September 24, 2024 Sales at beauty brand Charlotte Tilbury jumped by almost £140m as it continued its global expansion during its tenth year in business, it has been revealed. The makeup, skincare and fragrance products retailer has reported a turnover of £448.5m for 2023, up from the £310.3m it achieved in 2022. Newly-filed accounts with Companies House also [...]
New Boots UK boss named after Seb James’ departure and aborted IPO September 12, 2024 Anthony Hemmerdinger has been appointed managing director of Boots UK and Ireland only months after the high street pharmacy chain’s US parent company once again shelved plans to sell or list the business. Current managing director Seb James, who has run the company since 2018, will pursue a new role in the healthcare sector. Hemmerdinger [...]
UK retail sales pick up as summer finally heats up August 6, 2024 Retail sales returned to growth in July after the long-awaited summer boost for retail finally arrived along with the warmer weather. Total retail sales increased by 0.5 per cent year on year in July, up from the three-month average growth rate of 0.3 per cent, according to the British Retail Consortium (BRC)-KPMG Retail Sales Monitor [...]
Inside the fight to save Britain’s ‘ugliest’ phone booths June 7, 2024 A campaign to save Britain’s ugliest phone booths highlights the subjectivity of beauty, writes Lucy Kenningham