L'Oreal has joined Abolis Biotechnologies's 35 million euro ($38.6 million) funding round alongside speciality chemicals group Evonik, as part of a deal to develop bio-based ingredients for beauty products.

The UK’s Boots chain has a new managing director with owner Walgreens Boots Alliance (WBA) on Thursday saying Anthony Hemmerdinger takes over as MD of Boots UK and Ireland, effective 4 November.

Battersea Power Station has been an undeniable success since its opening almost two years ago and on Thursday we were told that the mall and the general neighbourhood have just enjoyed their “strongest summer yet”.

​John Lewis released its half-year results Thursday and said its “transformation is on track” with a “marked improvement” in H1 and the retailer set to "deliver significantly higher profits for the full year”.

​Market-leading global beauty brand L’Oréal Paris has named British supermodel-turned-actress-turned-activist Cara Delevingne as its latest ambassador.

Dubai-based cosmetics firm Huda Beauty is considering selling all or part of its fast-growing perfume division, according to people familiar with the matter.

Goop, the wellness and lifestyle brand founded by Gwyneth Paltrow, is undergoing a restructuring, laying off 18% of its 216 employees. 

Chanel has appointed Simona Cattaneo, the former CEO of Italian shoemaker Tod's, as president of its Perfumes and Beauty division. 

​It’s official, the remaining 100 or so Body Shop stores in the UK will stay open after Mike Jatania’s Aurea consortium completed a deal to buy the business out of administration at the weekend.

Irish beauty brand Sculpted by Aimee has launched at Selfridges. The debut marks a new level for the brand founded by make-up artist Aimee Connolly since launching in the UK in 2022.

Fashion and fragrance company Puig posted on Friday a 26% fall in first-half net profit, mostly impacted by the costs of its initial public offering and some recent acquisition deals.

E.l.f Beauty is set to scale its global presence, due to growing consumer demand and international sales growth.

Soeder, the Swiss natural cosmetics brand, welcomes a new shareholder, Georges Kern, CEO of the Swiss watch brand Breitling.

The second edition of Sephoria Europe, organised by the LVMH group’s beauty chain Sephora, will take place at the Maison de la Mutualité in Paris on October 4-5. The event will also be held in the USA, China and Brazil.

​The British Fashion Council’s City Wide Celebration (CWC) will feature over a thousand events this month as it marks the 40th anniversary of London Fashion Week.

Sales of prestige beauty products were worth $15.3 billion in H1 in the USA, the world's largest cosmetics market, an 8% increase driven notably by the fragrance category.