French beauty retailer, with ~3,000 brands and its own private label.
Public market debut of Jersey Mike’s raises about $1 billion at a $7.3 billion valuation. Blackstone introduces broad employee ownership for corporate staff, while franchisees and store workers remain ineligible. Reformation mirrors a cautious IPO environment with steady demand but muted first-day gains. The wave of private equity-backed listings shows resilience amid volatile markets.
Hackers have exploited Meta's AI-powered Instagram support to link target accounts to new emails and reset passwords, exposing thousands of accounts. Meta has fixed the flaw and is securing affected users, while security researchers warn of broader AI-enabled identity risks.
Sephora has announced Edinburgh and Glasgow store openings, marking its first Scotland presence. The Edinburgh location opens July 9 and Glasgow on August 13, with personalized beauty services and exclusive brands on offer. The launch is framed as a milestone for Sephora UK’s expansion and Scotland’s retail scene.
Retailers are expanding digital price tags across stores to speed up pricing and reduce labor. But lawmakers and unions warn about surge pricing, job losses, and price manipulation, prompting proposed bans in several states and at federal level. Initial pilots show mixed reactions from workers and shoppers.
Sephora has opened its first Scottish store in Edinburgh’s St James Quarter. The launch drew long queues, entertainment, and freebies, signaling strong local demand for prestige beauty and marking a milestone in the brand’s UK expansion.