OLSEN BEAUTY: Mary-Kate and Ashley Olsen’s mary-kateandashley beauty line has come to an end. The line was produced under license by NuWorld Beauty and sold primarily at Wal-Mart. Launched in 2002, its assortment included everything from scents to hair appliances. Despite mary-kateandashley’s beauty exit, the Olsens aren’t ruling out the beauty business. A spokeswoman for the fashionable duo, whose junior brand, Olsenboye, will bow at J.C. Penney in February, indicated the Olsens might consider reentering beauty under the Olsenboye label after the debut of apparel and accessories.
BOOTS NUMBERS: Alliance Boots, owner of health and beauty retailer Boots, reported first-half revenues rose 11.6 percent to 9 billion pounds, or $14.36 billion at average exchange. The firm’s health and beauty division, which includes sales generated by health care and beauty products, posted growth of 6.2 percent to 3.58 billion pounds, or $5.71 billion, for the six-month period ended Sept. 30. “In beauty, we benefited from the successful launch of a number of new products, including No7 Protect & Perfect Intense Beauty Serum,” stated Alliance Boots. The firm’s pharmaceuticals wholesaling business rang up 6.05 billion pounds, or $9.65 billion, in the half, representing an year-over-year spike of 13.8 percent.
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