Colruyt Group acquires the shares of the minority shareholders in Newpharma. In doing so, the family of the same name acquires full control over the web pharmacy.
» Read more
At most, the Covid pandemic has slowed down the growth of Rituals, according to the annual report of the Dutch cosmetics chain. The net profit was even higher than a year ago.
» Read more
French perfume and cosmetics chain Sephora, part of luxury group LVMH, is entering a partnership with online fashion platform Zalando. The collaboration will make thousands of products from more than 300 exclusive brands available on the German platform.
British cosmetics chain The Body Shop aims to have all its products certified by The Vegan Society by the end of 2023. Today, around 60 % of the retailer's products are already vegan.
Groupe J. Bogart, the owner of Planet Parfum and Di! in Belgium, wants to strengthen its position in France by acquiring 41 Nocibé stores.
The Belgian Stefan De Loecker steps down as CEO of Nivea's parent company Beiersdorf. The North American CEO Vincent Warnery will replace him. Meanwhile, the cosmetics giant announced solid quarterly results.
Swiss food giant Nestlé is in talks to acquire American vitamin producer The Bountiful Company, rival Unilever does the same with supplement producer Onnit.
Dutch chain Kruidvat has developed a new store concept in three variants, which it will now roll out in Belgium as well. The chain sees plenty of chances for both offline and online expansion in Belgium.
FMCG producers can barely keep up with the demand. After another quarter of growth, which was better than expected, Procter & Gamble (P&G) is now raising its prices.
Dutch beauty brand Rituals has found itself in the eye of a PR storm. An activist Instagram account accuses the label of treating Asian cultures disrespectfully.
Parfumado, a Dutch challenger on the perfume market, sets its sights on Belgium. The "Spotify of perfumes" sends a new fragrance every month, personalized to the customer. The start-up currently ships about 35,000 perfumes per month.
Unilever will no longer use the word 'normal' to describe different product varieties, such as 'shampoo for normal hair' or 'care for normal skin'.
For a short while, Aldi sold rapid tests to detect the Covid-19 virus, but they were sold out practically everywhere in no time. Several other retailers will soon be offering the tests as well.
Reckitt Benckiser recorded its highest ever sales growth last year, thanks to Dettol and the coronavirus. The group is now reviewing its brand portfolio to maintain the momentum: Scholl is already on its way out.
Cosmetics brand Yves Rocher is closing its outlets in the Netherlands: all seven brick-and-mortar stores will close this year, but the webshop will remain open.
Perfumery chain Douglas is reportedly planning to close 500 of its 2,400 European stores. The German retailer had previously announced it would be taking a critical look at its store network.