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THE WHAT? Dubai’s Emaar is reportedly mulling the sale of its fashion e-commerce business Namshi, according to a report by Reuters.  THE DETAILS Emaar Malls initially acquired a 51 percent stake in Namshi in 2017, before purchasing the remaining 49 percent in 2019 for approximately $130 million.  The company is said to have has approached some banks …

THE WHAT? Shiseido has announced the retirement of External Director Yoko Ishikura, who has been appointed as the Chief Digital Officer of the new formed Digital Agency of Japan.  THE DETAILS Ishikura took on the new position this week, advising the minister and taking the lead in day-to-day operations such as drawing up policies, managing the systems …

THE WHAT? Beauty mogul Bernard Arnault has sold his 5.7 stake in supermarket group Carrefour, via his Financiere Agache holding group, according to a report by Reuters.  THE DETAILS Having originally invested in the company 14 years ago, Arnault sold his stake for 16 euros per share in an accelerated book building process, raising 724 million euros …

THE WHAT? UK beauty retailer Boots is looking to bolster footfall in store with a series of makeovers across 30 of its regional shops.  THE DETAILS The revamp will see the introduction of beauty consultation areas, and the stocking of new brands such as Drunk Elephant, Rihanna’s Fenty Beauty and MAC.  The retailer is also recruiting 100 …

THE WHAT? Olaplex Holdings has filed an IPO at the U.S. Securities and Exchange Commission, making it the second company backed by private equity firm Advent International to do so within hours.  THE DETAILS The company has listed the size of the offering at $100 million, with a placeholder to change once terms of the share sale …