Unilever did well in the first half on the back of cost cuts and some good brand performances. Its Dove, Sunsilk, Dermalogica, Dollar Shave Club and Living Proof brands all continued to grow strongly during the half.
We’ve become used to hearing about LVMH, L’Oréal and Estée Lauder buying trailblazing make-up brands so it’s quite a surprise to hear that Anglo-Dutch consumer products giant Unilever has thrown its hat into the ring.
E-com game-changer Stitch Fix has reportedly hired investment banks for an IPO that could value the US personalized fashion retailer between $3 billion and $4 billion. It would the biggest US e-commerce IPO since Etsy.
Hut Group, one of the world’s largest e-tailers selling health, beauty and fashion, has acquired an international hosting company in a strategic move to upgrade the technology behind its e-commerce sites.
As the weak pound makes UK firms cheaper to buy, Richard James owner Charles Cohen has bought men’s footwear retailer Harrys of London. He plans to push forward with an international expansion plan for the firm.
India's multibillion-dollar skin lightening industry has come under fire after a popular Bollywood actor lashed out at India's obsession with fair skin and highlighted a persistent bias against darker faces.
A British beauty start-up founded by a former glossy magazine editor has secured £3.5 million in funding from Unilever’s venture capital operation and has plans to expand to further UK cities as well as abroad.