Olaplex reports 38.6 per cent net sales growth in Q2
Hair care brand Olaplex has reported Q2 net sales growth of 38.6 percent to US$210.9 million.
Henkel closes on takeover of Shiseido’s professional hair business
Henkel has announced that it has successfully closed the acquisition of Shiseido’s Professional hair business, which comprises leading professional hair brands, including Sublimic and Primience.
Fillers to come under scope of MHRA as UK to revisit medical device regulation
The UK Medicines and Healthcare products regulatory Agency has announced that it intends to reform medical devices regulation to improve patient health and encourage innovation.
Madison Reed names new board members
Madison Reed has announced that it has appointed two new Board members. Michael Dubin, Founder of Dollar Shave Club, and Stephanie Davis Michelman, Global CMO of Benefit Cosmetics, will join the Board of Directors.
Anchors away! Dior debuts well-being cruises on River Seine
LVMH-owned Dior is taking its Cheval Blanc Paris spa experience to the water, delivering treatments on board a cruise ship as it sails along the River Seine, according to a report published by WWD.
Redken partners with It Gets Better non-profit on new LGBTQ+ initiative
L’Oreal-owned professional haircare brand Redken has teamed up with non profit It Gets Better on a new initiative to support LGBTQ+ and hairdresser community.
Henkel-owned Authentic Beauty Concept launches new generation of Refill Bar
Henkel-owned Authentic Beauty Concept is set to launch a ‘new generation’ of its Refill Bar, a system that aims to create a more circular economy.
Saks Fifth Avenue to offer cosmetic procedures in store
Saks Fifth Avenue has partnered with Skinney Medspa in order to offer medical-grade cosmetic treatments in store, according to a report published by WWD.
Sally Beauty reports Q2 net sales decrease of 1.6 percent YOY
Sally Beauty has reported a Q2 net sales decrease of 1.6 percent YOY to US $911 million.
L’Oréal Professional names Chinese Actor Xiao Zhan as its latest brand spokesperson
L’Oréal Professional has named Chinese Actor Xiao Zhan as its latest brand spokesperson.
Wella acquires ethical hair care brand, Briogeo
Wella Company has announced that it has reached a definitive agreement to acquire Briogeo. Terms of the deal have not been disclosed.
TRESemme x SimpleeBEAUTIFUL launch textured hair certification program
Unilever-owned TRESemme has teamed up with textured hair expert and educator Diane Da Costa of SimpleeBEAUTIFUL CurlyTextured Academy to launch a Texture Certification Program to train and certify licensed hair professionals in treating, cutting, and styling textured hair.
Nykaa partners with Aveda to launch premium salons in India
Beauty retailer Nykaa has teamed up with ELCA Cosmetics Pvt Ltd, a subsidiary of global beauty company Estee Lauder Companies to launch a range of premium Aveda salons in India, according to the Hindu Business Line.
Madison Reed raises US$33 million to expand hair color bars
Madison Reed has announced that it has raised US$33 million in a funding round led by Sandbridge Capital, with participation from Marcy Venture Partners.
Helen of Troy snaps up Curlsmith owner as textured hair care sales boom
Helen of Troy has announced the acquisition of Curlsmith-owner, Recipe Products for a total consideration of US$150 million in cash, net of cash acquired.
Sally Beauty launches third accelerator program
Sally Beauty has launched its third Cultivate Accelerator Program, which is designed to find, launch and support small businesses creating innovative products within the hair care, hair color, styling tool and nail categories.
Treatwell launches Treatwell Pro in the UK
Treatwell has launched a new SaaS system in the UK, which will include free SMS reminders to avoid no-shows and the integration of Reserve With Google, Facebook, Instagram and Apple Maps to boost salons’ online visibility.
Oway launches in the US
Oway has announced its official US launch. Claimed to be the first professional cosmetics brand to reach 99 percent plastic free packaging and formulated with biodynamic materials, the sustainable hair care line is hoping to be a hit with American salons.
Book Salon raises €3 million in funding
Book Salon has announced that it has raised €3 million in funding in a round led by US-based Joint Effects, with participation by Big Bets VC.
Bleach London to hit shelves in Walmart
Following the launch of its first US salon last year, Bleach London has secured a spot on the shelves of one of the world’s largest retailers. WWD reports that the UK hair color brand has signed an exclusive deal with Walmart.
Coty’s Wella stake now estimated at US$250 million
Coty has announced that it now expects to receive a shareholder distribution of US$250 million at a minimum from its equity stake in Wella, significantly above the previously announced US$175 million.
Cosmoprof Asia 2022 to be relocated from Hong Kong to Singapore
BolognaFiere Group and Informa Markets have announced that Cosmoprof Asia 2022 is to be relocated from Hong Kong to Singapore and will now be held from November 16-18, 2022 at Singapore Expo as a special edition.
L’Occitane unveils new spa at Sofitel Dubai The Palm
L’Occitane has unveiled the new Sofitel SPA with L’Occitane at the Sofitel Dubai The Palm, joining forces to deliver a wellness concept at the resort.
L’Oréal Professional Products champions hairdressers with new Hair the Love 2022 campaign
L’Oréal Professional Products new Hair the Love 2022 campaign, which aims to is championing hairdresser and how the positively help people’s mental health and wellbeing.
Henkel acquires Shiseido’s Hair Professional in Asia-Pacific
Henkel has signed an agreement to acquire Shiseido’s Asia-Pacific Hair Professional business.
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