​John Lewis Partnership is predicted to announce a return to profit later this week, while it has also emerged that its CEO has said the firm will in future be “laser-focused” on retail.

​One of the UK high street’s most prominent rescuers is reportedly mulling a bid for The Body Shop, while the company has shut its US stores and is liquidating some Canadian outlets. 

Venture capital firm Silas Capital, which invests in next-generation consumer brands, announced on Tuesday the close of its newest consumer growth fund, Silas Capital Partners II, reaching its hard cap of $150 million.

U.S. skincare brand Clinical Skin announced on Monday the acquisition of skincare brand Glytone from French pharmaceutical and cosmetics company, Pierre Fabre Laboratories. 

Hugues Laurençon, general manager of The Body Shop France and Benelux, is to join Italian beauty chain Kiko Milano in May as general manager for France, Belgium and Holland.

The Body Shop is back in the news with administrators reportedly looking into claims of money being taken out of the firm before its administration filing, plus talk that stores set for closure were profitable.

​With cost-cutting and restructuring now major priorities, UK health & beauty giant Boots has named former Asda chief strategist Preyash Thakrar as its own director of strategy and transformation, effective immediately.

Nivea maker Beiersdorf on Thursday forecast growth in organic sales to slow down to a mid-single-digit percentage range in 2024, after reporting a 10.8% organic sales increase in the past year.

SkinCeuticals announced on Thursday the appointment of Sofia Richie Grainge to the role of brand ambassador for the science-based skincare brand. 

Shiseido unveiled on Thursday a comprehensive transformation initiative for its Japanese operations, earmarking 1,500 voluntary departures this year, accounting for nearly 4% of its global workforce.

The administrator for The Body Shop, has released a full list of the stores to close and said that after the first seven that were shut, a further 75 stores will now close over four-to-six weeks, with 489 jobs lost.

Located at 2 Upper Street in Angel, Islington, the newly inaugurated office spans 10,000 square feet and has been designed to foster collaboration and connectivity among team members. 

Beauty brand Helena Rubinstein announced on Monday Malaysian actress Michelle Yeoh as its newest brand ambassador. 

Stephan Bezy, the international general manager of Yves Saint Laurent Beauty, has spoken to FashionNetwork.com about the launch of the new make-up ad campaign by the L'Oréal-produced brand, fronted by Dua Lipa.

​First YSL Beauty emptied all the contact from its Instagram account and relaunched it at the weekend. And now it has even more big news with Dua Lipa becoming its global make-up ambassador.

​Acquisitive UK retail giant Next is reportedly interested in acquiring certain assets of The Body Shop following its new owner putting it into administration after finding the business in a worse shape than it believed.