Boots agrees $8.9bn sale to Wittington Investments
Weston family-backed group to acquire Boots UK and Ireland retail operations and No7 Beauty from Sycamore Partners
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Boots sold to Weston family in £6.7bn deal
Boots is set to change hands again after the Canadian arm of the billionaire Weston family agreed to acquire the health and beauty retailer for $8.9bn (£6.7bn), including debt…
Armani begins talks with LVMH, L’Oréal, and EssilorLuxottica regarding a minority stake
Within a few weeks, Armani will begin talks with LVMH, L’Oréal, and EssilorLuxottica regarding the sale of an initial 15% minority stake. That stake may be divided equally among…
Colgate-Palmolive Seeks To Divest Some Personal Care Brands, Sources Say
Colgate-Palmolive is exploring a sale of certain mass-market personal care brands, including Softsoap, Irish Spring and Speed Stick, sources familiar with...
Alimentation Couche-Tard Reports 10% Growth In Adjusted EBITDA In Q1
Circle K parent Alimentation Couche-Tard has reported strong results in the first quarter of its 2027 fiscal year.
Sephora announces fourth store in Belgium
The French cosmetics chain Sephora is continuing its expansion in Belgium. Following openings at the Docks Bruxsel and City2 shopping centers in Brussels, Westland Shopping is now…
ANALYSIS As Beauty Pie eyes stores, are subscription brands moving offline?
In July, subscription-based beauty retailer Beauty Pie announced that it was replatforming to Shopify to prepare for international expansion - including potential physical stores…
Dollar Shave Club acquires body care brand Truly Beauty
Financial terms of the deal were not disclosed, but both brands will retain their distinct identities as Truly Beauty markets to a different customer base.
Ulta leans into exclusivity amid Target Beauty Studio competition
The specialty retailer reported strong Q2 sales and raised its full-year guidance, though makeup comps were nearly flat compared to last year.
Alimentation Couche-Tard launches takeover bid for Polish convenience store chain Żabka
As previously announced, Alimentation Couche-Tard is launching a voluntary tender offer for all shares of the Polish supermarket chain Żabka. It is the largest acquisition ever…
Coty Sees Weak Quarterly Profit, Withholds Annual Forecasts In 'Transition Year'
Coty has forecast current-quarter earnings below expectations and withheld its annual outlook, calling fiscal 2027 a 'transition year'.
Estée Lauder Forecasts Strong Annual Profit On Resilient Fragrance Demand
Estée Lauder forecasts profit above Wall Street estimates as premium fragrance demand and China growth support its turnaround.