Wella Company is celebrating a second successful year as a standalone company. The hair styling giant surpassed targets, delivering year-on-year double-digit profit and growth ahead of expectations in fiscal 2022.
Henkel-owned Schwarzkopf Professional has announced the launch of a new salon brand, SalonLab&Me, which combines hairdresser expertise with a digital experience offering clients hyper-personalized hair care recommendations to match their hair type.
L’Oréal Canada’s Professional Products division is set to launch a free online Diversity and Inclusion training program, available to all Canadian hair stylists, regardless of their brand affiliation.
Online beauty booking platform, Treatwell and Uala have announced that they will be joining forces to form a single entity under the Treatwell name.
Bloomberg reports that buyout firm TA Associates is considering the divestment of its Laboratoires Vivacy brand.
Hair care brand Olaplex has reported Q2 net sales growth of 38.6 percent to US$210.9 million.
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.
Sally Beauty has reported a Q2 net sales decrease of 1.6 percent YOY to US $911 million.
Wella Company has announced that it has reached a definitive agreement to acquire Briogeo. Terms of the deal have not been disclosed.
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.