EDITORIAL


January 2021


January 2021 cosmeticsbusiness.com


Toughening up What to expect under


the EU’s radical chemical crackdown


Packaging companies are facilitating speed-to-market


FLASH


PACK IN A


Retail: In need


Ingredients for the delicate eye area


EYE SPY


of a makeover Creativity will be needed to get shoppers back in stores


cosmeticsbusiness.com


Supply amid disaster Business as usual, even in the worst case scenario Acting Editor Julia Wray


Contributors Sarah Parsons Becky Bargh


Subeditor/Contributor Austyn King Head of Marketing Jemma Stanworth Art Editor Sibylla Duffy Print & Digital Production Editor Charlotte Alldis Head of Print & Digital Production Ross Murdoch Editorial Scientific Advisor John Woodruff


HPCi Media Limited Natraj Building, The Tanneries 55 Bermondsey Street London SE1 3XG United Kingdom Tel +44 20 7193 1279 Fax +44 20 3318 5305 Email cosmeticsbusiness@hpcimedia.com


Editorial +44 20 7193 1878 juliaw@hpcimedia.com


Advertising +44 20 7193 7447 carolinaq@hpcimedia.com


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Retail on the edge


If you are a regular visitor to cosmeticsbusiness.com, chances are you will have been following the connected sagas of British department store Debenhams and beleaguered retail brand owner Arcadia. Back in November, it looked as though JD Sports was poised to save Debenhams, which went into administration in 2019. However, the collapse of Sir Philip Green’s Arcadia empire last month resulted in cold feet from JD and, as a result, Debenhams going up for grabs once more.


US company Authentic Brands is now reportedly offering a lifeline to both Arcadia and Debenhams, pitting the Barneys owner against Frasers Group, helmed by controversial Sports Direct mogul Mike Ashley, which has been vocal about its long term pursuit of Debenhams.


And retailer Next – which has grown its beauty presence throughout 2020 – is also rumoured to be throwing its hat into the ring for Arcadia, having discussed a joint takeover of the failing Topshop owner with US investment company Davidson Kempner Capital Management.


By the time this issue reaches your doorstep, these acquisition dramas might be partly, or even fully resolved… or potentially not. But even if Debenhams and/or Arcadia is rescued from the brink of collapse, how might their fortunes be reversed?


Cosmetics Business magazine ISSN 2634-8586 (Print) is published monthly by HPCi Media Limited, Natraj Building, The Tanneries, 55 Bermondsey Street, London, SE1 3XG, UK. Material may be reproduced only by prior arrangement and with due acknowledgement to Cosmetics Business magazine.


©HPCi Media Limited ISSN 2634-8586 (Print)


In this issue, Sarah Parsons investigates the state of the British high street (p56) and asks experts what they believe retailers must do to survive and thrive. Overwhelmingly, their advice is to create local communities, offer experiences and to have all retail channels feeding into and enhancing and strengthening one another. A store is no longer just a space filled with items to sell and the high street stalwarts of yesteryear must evolve beyond this to avoid further losses.


Printed by Stephens & George Print Group


The paper used in this magazine is obtained from manufacturers who operate within internationally recognised standards. The paper is sourced from sustainable, properly managed forestation.


Julia Wray, Acting Editor COSMETICS BUSINESS


cosmeticsbusiness.com


January 2021 3


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