Boots news and archive

Boots owner WBA agrees to 23.7 billion dollar buyout deal

Walgreens Boots Alliance (WBA), the parent company of British pharmaceutical chain Boots, has come to a definitive agreement to be acquired by a subsidiary associated with private equity firm Sycamore Partners. The deal, with a transaction valued at 23.7 billion dollars, will ultimately take WBA private, removing the company’s listing from the...

Fashion

Boots launches childrenswear range with Mollie King

British cosmetics and pharmaceutical retailer Boots has unveiled a new clothing collection for toddlers and young children in partnership with radio personality and singer Mollie King. The line, dubbed ‘Maybe Junior’, comes as an expansion of the existing relationship between King and Boots, which had initially launched ‘Maybe Baby’, apparel for...

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Business

Unwrapping in 2025 – Eyebrow raising IPOs: From Shein’s controversy to Nordstrom’s private pursuit

The landscape of IPOs has twisted and turned over the last year as the market undergoes continued challenges. Yet, this landscape has seemingly not made the pursuit of a public listing any less appealing to those hoping to bolster their positioning. FashionUnited takes a look at what is on the horizon as the biggest stories of this year continue...

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Retail|Beauty

Boots reveal biggest beauty trends of 2024

K-beauty, blusher, hyaluronic acid and bespoke haircare are among the most in-demand products across beauty and wellness in 2024, according to British retailer Boots. As the UK’s leading health and beauty retailer, Boots stocks more than 600 healthcare brands and over 500 beauty brands, and it has analysed search and sales data from across the...

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Fashion

Watch: From hero gnomes to stylish goats, all the festive fashion films to know for 2024

It’s that time of the year, again. Brands and retailers across the globe have begun unveiling their always highly anticipated festive campaigns. This season, trends seem to revolve around flipping the script on the stress usually associated with the season; incorporating well-known (animated) figures into the storyline; and proposing new...

Fashion |Beauty

Ariana Grande unveils new region-specific fragrance collection

Grammy-winning artist and actress Ariana Grande has unveiled a new international multi-fragrance collection in partnership with prestige beauty company Luxe Brands. The new fragrance line called ‘Lovenotes’ has been developed in collaboration with esteemed fragrance houses Robertet and International Flavors and Fragrances and will offer...

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Boots CEO reportedly quits after sales process comes to halt

Sebastian James, the chief executive officer of British pharmacy chain Boots, is understood to have stepped down from his role after plans to sell the company came to a halt. James, who first entered Boots in 2018, is understood to be leaving in November after which he will move on to a new position in the healthcare industry, Sky News reported....

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Walgreens Boots Alliance lowers FY24 EPS outlook

Third quarter earnings per share (EPS) at Walgreens Boots Alliance (WBA) were 40 cents compared to 14 cents in the year-ago quarter. Adjusted EPS was 63 cents, down 36.6 percent on a constant currency basis. Third quarter sales increased 2.6 percent or 2.5percent on a constant currency basis to 36.4 billion dollars. The company is lowering...

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Business

Walgreens presses pause on plans for Boots IPO

Walgreens Boots Alliance Inc. (WBA.O) has reportedly shelved its plans for a potential initial public offering (IPO) of UK-based drugstore chain Boots as it continues to explore other opportunities. On Friday afternoon, Bloomberg News reported that Walgreens Boots Alliance was continuing “informal talks with potential buyers” for Boots, which...

Retail|Beauty

Boots own-brand becomes biggest Leaping Bunny-approved beauty range in the UK

Beauty and health retailer Boots has been named as having the biggest range of Leaping Bunny-approved own-brand beauty products on the UK high street. The Leaping Bunny programme from Cruelty Free International, the leading organisation working to end animal testing, is a globally recognised standard for assessing cruelty-free cosmetics and...

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Boots posts strong digital and retail sales growth

Boots continued its strong performance for the second quarter, reporting retail sales growth of 5.9 percent, on top of a 16 percent increase in the prior year second quarter. Digital sales through Boots.com and the Boots app were up 16.8 percent, driven by strong sales of beauty and personal care products. The company said, in-store sales growth...

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Boots appoints strategy & transformation director

Cosmetics and healthcare retailer Boots has appointed a former Asda exec as its new strategy and transformation director. Preyash Thakrar joined the company on March 1 from accounting services provider KPMG UK, where he most recently served as partner for consumer and retail. Prior to this, he was a senior advisor to the CEO of Picadeli and had...