THE WHAT? UK department store John Lewis and Partners is set to build 10,000 rental homes over the next decade as it looks to boost flagging retail sales. THE DETAILS The company is said to have identified enough excess space above current John Lewis and Waitrose stores – part of its umbrella – as well as land…
THE WHAT? Walgreens Boots Alliance has released part of its Nottingham site for residential development, according to a report published by The Construction Index. THE DETAILS The pharmacy chain has appointed Ilke Homes to produce a model village that will become its flagship site and deliver 505 pre-fabricated houses and 117 apartments, subject to planning consents. The…
THE WHAT? Sephora will usher in a new subcategory of its Clean at Sephora collection, according to a report published by Glossy. Clean + Planet Positive launches with 18 brands to its name, all of which not only conform to the LVMH-owned retailer’s ‘formulated without’ list but also meet set sustainability criteria. THE DETAILS The Planet Positive…
THE WHAT? AS Watson-owned Watsons has announced that it is strengthening its commitment to climate change with a target to offset 2,250 tons of carbon dioxide emissions. THE DETAILS As part of the initiative, Watsons has teamed up with ClimatePartner and will be contributing a part of its profits to CO2 offset projects, Forest Protection and Clean…
THE WHAT? The Estee Lauder Companies has announced the promotion of Daniel Mahler to Executive Vice President, Global Transformation and Category Leadership, effective immediately. THE DETAILS Mahler has led a broad spectrum of strategic enterprise-wide change priorities at the company, including co-designing and operationalizing ELC’s integrated Transformation model. He joined ELC as Co-Chair, Global Transformation Committee in…
THE WHAT? Unilever has reported its results for the first half of the current financial year. The UK-based FMCG giant reported underlying sales growth of 5.4 percent to €25.8 billion, with a 4 percent volume increase and 1.3 price uptick. THE DETAILS The manufacturer of Dove saw underlying operating margin drop 100bps to 18.8 percent, which…
