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What Cosmetique’s IPO says about the booming beauty services industry

Inside Retail

Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5 The beauty service chain is looking to cash in on a long-held economic theory in retail, dubbed the ‘lipstick effect’, that in times of economic hardship, consumer spending on beauty and feel-good services remains strong.

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Boots teams with Just Eat for rapid beauty and health deliveries nationwide

Retail Gazette

Boots has partnered with Just Eat to deliver on-demand beauty and healthcare products to customers across the nation. The health and beauty giant has stocked the platform with over 1,000 products which are now available to order. ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Ulta Lays Out Aggressive Store Expansion Plan to Reach Target of 1,800 Locations

Retail TouchPoints

Ulta Beauty has outlined a new set of strategic priorities to drive its growth and announced new long-term financial targets that include an acceleration of new store openings. With a target of 1,800+ total locations, the beauty retailer plans to open 200 net-new stores over the next three years.

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Clarins ANZ MD Jerome Bellony on the beauty brand’s new concept store in Sydney

Inside Retail

Jerome Bellony, managing director of Clarins Australia and New Zealand, spoke with Inside Retail about entering a new era in how the business connects with customers. IR : What is the retail plan for Clarins ANZ and how has this changed from the previous retailer-led approach? IR : Who is the Clarins customer in the ANZ region?

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Just Eat Partners with Boots to Launch Delivery of Health and Beauty Products Across the UK

365 Retail

Just Eat has announced a new partnership with Boots , allowing customers to order a wide range of health and beauty items for on-demand delivery. Plans are in place to expand the partnership to an additional 100 Boots locations by spring 2025.

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Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Retail TouchPoints

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call for the company’s fiscal 2024 Q3 earnings period, which ended May 31, 2024. health care segments,” he said.

Planning 258
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Adore Beauty founders to step back from management roles

Inside Retail

Adore Beauty’s co-founders and executive directors, Kate Morris and James Height, are to step down from their roles as CEO and CTO, respectively, however, both will remain non-executive directors and continue supporting the company’s growth alongside CEO Tamalin Morton. million, aided by a record Afterpay Day sales event.