This year, more consumers are expected to begin their holiday shopping earlier and a higher percentage of shopping will take place online, according to global information company The NPD Group.
Half of all holiday shoppers plan to start their shopping before Thanksgiving weekend, a 6% increase over 2014, according to NPD’s 2015 Holiday Purchase Intentions Survey. And most plan to continue their holiday shopping into December.
Topspin Partners—a private equity firm based in Mamaroneck, New York, that makes control investments in profitable and established lower middle-market businesses—has announced that it has acquired a majority interest in JD Beauty Group, the designer and marketer of branded, professional-quality hairbrushes and beauty care accessories. Other details of the deal weren’t announced.
The problem of counterfeit cosmetics and other counterfeit beauty products has become much more prominent and frightening of late with reports of fake beauty SKUs containing toxins that have led to several serious, high-profile injuries — and even one death.
One of the hottest trends in makeup today used to be reserved for celebrities, but contouring and strobing have now taken off in the mainstream and are ramping up sales within the prestige beauty market, according to global information company The NPD Group.
The winners of the first-ever Best In Show Awards from the inaugural 2015 Indie Beauty Expo, which took place Aug. 27 in New York City, highlights some of the hottest indie beauty brands on the market. The winners span 14 categories, ranging from body to hair and even branding.
“At its core, iBE is about recognizing and celebrating the creativity and ingenuity of the passionate entrepreneurs leading independent brands," said Nader Naeymi-Rad, co-founder of iBE. “It is an honor to be able to recognize the pioneers among pioneers.”