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  • WALGREENS BOOTS ALLIANCE RAISES OUTLOOK AS Q3 BEATS EXPECTATIONS

     

    Walgreens Boots Alliance has raised its full-year guidance to around 10 percent EPS growth after its third quarter results beat expectations.The pharmacy giant reported earnings per share of US$1.38, including discontinued operations, compared to a loss of US$1.95 in the prior-year period; total adjusted EPS soared 83.4 percent to US$1.51.Sales swelled 12.1 percent in the three months to May 31, 2021 compared to the year-ago quarter hitting US$34 billion. Boots UK comparable sales increased 38.7

  • L¡¯OCCITANE FY2021 NET PROFITS BOOSTED BY ONLINE SALES; TAKING ¡®HUMAN APPROACH¡¯ TO BEAUTY

     

    L¡¯Occitane has reported an annual net profit rise of 36.3 percent to a record €157 million, with that sales and performance ¡®exceeding expectations.¡¯Praising its ¡®agility and adaptability¡¯ in a socially-distant world, the company put on a particularly strong performance with its online sales channel, which grew 69.2 per cent for the fiscal year ending March.Compensating for lost sales due to closed bricks mortar stores during the pandemic, online sales accounted for more than one third of

  • INTIMACY BRAND MAUDE RAISES $5.8 MILLION IN SERIES A FUNDING ROUND

     

    Intimacy brand Maude has raised U.S.$5.8 million in an oversubscribed Series A funding round, led by beauty and wellness-focused fund True Beauty Ventures.Having now raised over US$10 million via four rounds, other participants include Fable Investments, UK consumer company True and media company Endeavor.Maude is set to use the finance injection to grow its team as well as its product line and content platform.The company is looking to capitalize on the growing sexual health and personal care m

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