Health & beauty and drugstores news

18 February 2013
The Russian pharmacy chain has announced full year results for 2012 and outlined plans for the coming year. Sales reach RUB 14,899m Unaudited results show that the retailer generated sales of RUB 14,899m in 2012, which represents a 3% increase in year-on-year terms. At the end of the year, Pharmacy Chain 36.6 operated 842 stores across 24 regions in Russia , having opened 49 stores over th...
11 February 2013
Having promoted Joseph Magnacca to Executive Vice President on February 1st, Walgreens has announced his departure from the company. Critical role in company strategy The final role held by Mr Magnacca before his departure was that of President of Daily Living Products and Solutions. Joseph Magnacca was credited with being the driving force behind the Duane Reade urban model which included...
07 February 2013
Brazilian drugstore operator Drogaria Onofre has been acquired by the US chain CVS Caremark, for an undisclosed amount.  CVS's first international acquisition This acquisition was hinted at in local US media back in December 2012, when the press said that CVS could buy a stake of around 80% in the Brazilian chain.  CVS's chief executive, Larry Merlo, was quoted: "We view Brazil as an a...
07 February 2013
Alliance Boots has announced 100% ownership of shares in ANZAG, one of Germany’s largest pharmaceutical wholesalers. Germany a key market ANZAG operates the majority of its distribution centres in Germany, Europe’s largest pharmaceutical market, where it serves approximately 8000 customers. The wholesaler also has businesses in Romania and Lithuania and an associate in Croatia. Alliance...
04 February 2013
Sephora (part of LVMH's Select Retail division) is to open a flagship store in Shanghai. Sephora to open flagship store in China Sephora (part of LVMH's Select Retail division) is to open a flagship store in Shanghai. Further expansion expected The new flagship store will be in one of the most popular areas of Shanghai, at the junction of Nanjing Road and Maoming Road. With 1,500 ...
31 January 2013
According to several press reports, Russia’s largest drugstore chain looks to be gearing up to merge with local rival, A5 Pharmacy Chain. Shares rocket Shares in the drugstore chain surged by more than 13% in one day amid rumours that it is about to merge with A5 Pharmacy Chain. If the merger comes to fruition, the deal is likely to be funded by $300m worth of new shares. Become signif...
15 January 2013
Boots Retail (Ireland) Ltd has announced sales and profit increases despite the tough economic climate. Business expands in 2012 Boots , Ireland's largest health and beauty retailer, recorded an increase in sales and profits for the period ending 31st March 2012. Pre-tax profits were up by +11% to €17.8 million, whilst retail sales were up by 3.2% to €275 million. The increase in pro...
11 January 2013
A.S. Watson owned Superdrug has confirmed the launch of a new premium skin care and make-up brand to be called 'B'. Premium without the price The new brand will be launched on February 1st, in 882 Superdrug stores as well as online . The new range will have a premium positioning and has been brought to market by a stand-alone brand team within Superdrug. The make-up range will consis...