Walgreens Boots Alliance

Deerfield, IL

www.no7company.com

Sales: $1.0 billion

Key Personnel: Tim Wentworth, chief executive officer; Kyle McFadyen, chief executive officer, No7

Major Products: Cosmetics, skin care and personal care. Brands include No7, Liz Earle Beauty, Soap & Glory, Botanics, Sleek Makeup

New Products: No7 Future Renew Night Serum

Comments: Walgreen-Boots Alliance brought Liz Earle Beauty back to the US. The UK’s No. 1 premium cleansing and toning skincare brand debuted on Amazon in April. A curated selection of products, including Cleanse & Polish Hot Cloth Cleanser, is available online. The cleanser is billed as the world’s first naturally active 3-in-1 cleanser that wipes away makeup and gently cleanses with the help of a signature 100% cotton muslin hot cloth. Hot cloth cleansing will revolutionize facial cleansing in the US after receiving more than 150 awards in the UK, according to the company.

“We are thrilled to bring Liz Earle Beauty, and the products I personally have fallen in love with, back to the US market,” said Melanie Capella, chief marketing officer, No7 Beauty Company North America. “Our customers are invested in not only the ingredient profile of the products they use, but also where and how those ingredients are sourced and extracted. And we know that skincare enthusiasts are turning to Amazon more often for unique botanical formulations and convenience.”

Founded in 1995 in the UNESCO biosphere reserve of England’s Isle of Wight, Liz Earle Beauty is committed to ethical sourcing and recently became a Certified B Corp. Liz Earle Beauty’s plant scientists and chemists research key botanical components and naturally active ingredients to create highly effective products that deliver transformative results. Liz Earle Beauty scientists design the best method of delivery of the plant extract to maximize skin benefits, such as:

• Ethically sourced, Rainforest Alliance certified, cocoa butter refined to produce a creamy butter with a melting point matched to skin temperature;

• Eucalyptus steam distilled to extract the oil and retain its active properties for maximum efficacy on skin; and

• Chamomile flowers harvested while in full bloom with the active properties gently water-extracted to preserve potency.

Deefield, IL
www.walgreensbootsalliance.com

Sales: $1.7 billion (estimated) for cosmetics and personal care products. Corporate sales: $139.5 billion

Corporate sales rose less than 1% in fiscal 2020 to $139.5 billion. Retail pharmacy sales increased 3% to $107.7 billion. Wholesale pharmacy sales were up about 4% to nearly $24 billion Obviously, the company’s beauty business is just a small part of Walgreens Boots Alliance (WBA), but the company markets several well-known brands including No7.

Earlier this year, Rosalind (Roz) Brewer was appointed chief executive officer. She succeeded Stefano Pessina who transitioned to executive chairman of the board. Pessina replaced James Skinner as executive chairman of WBA who remains on the board as a non-executive director to facilitate a smooth leadership transition.

Prior to joining WBA, Brewer served as COO, group president and member of the board of directors of Starbucks, where she had been instrumental in helping the company accelerate its growth strategy, expand its global reach and drive value. Prior to joining Starbucks, Brewer served as president and CEO of Sam’s Club. While there, she successfully grew membership, transformed merchandise and amplified the use of digital technology.

“The board conducted an extensive search to identify an exceptional leader who will build on WBA’s track-record of success and take advantage of the many growth opportunities in many markets across the company. We are excited to have found that person in Roz,” said Pessina. “She is a distinguished and experienced executive who has led organizations globally through periods of changing consumer behavior by applying innovation that elevates customer experiences—ultimately driving significant and sustainable growth and value creation. Her relentless focus on the customer, talent development, operational rigor and strong expertise in digital and technological transformation are exactly what WBA needs as the company enters its next chapter.”

Deefield, IL
www.walgreensbootsalliance.com

Sales: $1.7 billion (estimated) for cosmetics and personal care products. Corporate sales: $139.5 billion

Corporate sales rose less than 1% in fiscal 2020 to $139.5 billion. Retail pharmacy sales increased 3% to $107.7 billion. Wholesale pharmacy sales were up about 4% to nearly $24 billion Obviously, the company’s beauty business is just a small part of Walgreens Boots Alliance (WBA), but the company markets several well-known brands including No7.

Earlier this year, Rosalind (Roz) Brewer was appointed chief executive officer. She succeeded Stefano Pessina who transitioned to executive chairman of the board. Pessina replaced James Skinner as executive chairman of WBA who remains on the board as a non-executive director to facilitate a smooth leadership transition.

Prior to joining WBA, Brewer served as COO, group president and member of the board of directors of Starbucks, where she had been instrumental in helping the company accelerate its growth strategy, expand its global reach and drive value. Prior to joining Starbucks, Brewer served as president and CEO of Sam’s Club. While there, she successfully grew membership, transformed merchandise and amplified the use of digital technology.

“The board conducted an extensive search to identify an exceptional leader who will build on WBA’s track-record of success and take advantage of the many growth opportunities in many markets across the company. We are excited to have found that person in Roz,” said Pessina. “She is a distinguished and experienced executive who has led organizations globally through periods of changing consumer behavior by applying innovation that elevates customer experiences—ultimately driving significant and sustainable growth and value creation. Her relentless focus on the customer, talent development, operational rigor and strong expertise in digital and technological transformation are exactly what WBA needs as the company enters its next chapter.”