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Retail roundup: Next x The Body Shop; Douglas; Revieve x Google Cloud & more



Next: considering bailing out The Body Shop

The UK high-street fashion retail group Next is said to be considering acquiring parts of The Body Shop after the retailer’s UK operation was placed into administration earlier this month.

According to Sky News, Next has contacted administrators at FRP Advisory, which is leading the process, to show an interest in acquiring any assets it may sell.

The owner of The Body Shop Aurelius recently filed for administration of its UK business as it prepares to restructure. Last week the retailer began closing stores and making redundancies.

Meanwhile, UK department store John Lewis has also just announced that it will cut 200 jobs.

Revieve x Google Cloud partner on AI tech initiative

Beauty tech provider Revieve has teamed up with Google Cloud to use its Vertex AI in a personalised makeup beauty retail programme called Match My Look, which allows users to upload any look for analysis.

CEO at Revieve, Sampo Parkkinen stated that the launch was “a significant step in our ongoing partnership with Google Cloud” and that through the collaboration, the pair were “able to leverage cutting-edge technology to enhance our offerings and better serve our customers in the beauty industry.”

Google Cloud’s global director of retail and consumer strategy, Paul Tepfenhart added that the partnership was “a great example of using technology to innovate and enhance consumer experiences, setting new standards in personalised beauty shopping.”

Douglas: prepping for growth

CVC-owned German beauty retailer Douglas is said to be considering a relisting on the Frankfurt Stock Exchange and plans to open 200 new brick-and-mortar stores by late 2025/early 2026, as well as revamp 400 of its current stores.

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