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.
Informa Markets buys Premiere Show Group
Informa Markets has announced the acquisition of Premiere Orlando, the largest beauty show in the US, and its sister shows Premiere Birmingham and Premiere Columbus, for an undisclosed sum.
L’Oréal unveils beauty tech innovations at CES 2022; looks to innovate haircare market
L’Oréal has unveiled its latest beauty tech innovations at CES 2022, unveiling two products for both the at-home and salon hair care markets.
Sisley and Air France open exclusive spa at Paris Charles de Gaulle
Air France and Sisley have cut the ribbon on a new spa located at the airline’s La Premiere Lounge in Paris’ Charles de Gaulle airport.
Holland & Barrett acquires blow Ltd
Holland & Barrett has announced the acquisition of blow LTD. Terms of the deal were not disclosed but the UK’s leading at-home beauty services business will become a subsidiary business of the health and wellness retailer and all blow employees will move to the new ownership structure.
Olaplex expands into Ulta stores
Olaplex has announced the expansion of its distribution with Ulta Beauty. Building on the hair care brand’s success in Ulta Beauty salons, Olaplex’s retail products will be stocked in store and on Ulta’s website from January, 2022.
Galderma to acquire Alastin Skincare
Galderma has announced that it has signed a definitive agreement to acquire Alastin Skincare. Financial terms of the deal were not disclosed.
Dyson ushers in VR testing for its hair styling range
Dyson has upped the ante in the home shopping experience with a VR-enabled testing facility for its hairdryers, straighteners and stylers, according to a report published by Reuters.
Coty divests 4.7 percent stake in Wella to KKR
Coty has coined a deal to sell its 4.7 percent stake in Wella in a deal with private investment firm KKR, valued at approximately US$215.7 million.
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