News

Retail CFOs Forecast 10% Growth in 2015 Online Sales

Seventy-eight percent of retail chief financial officers anticipate their online sales to grow this year, according to a recent survey from BDO USA, a business advisor to consumer business companies. Overall, CFOs forecast an impressive 9.9% boost to ecommerce sales this year. This projected increase comes after the Commerce Department’s estimate of a record-breaking $304.9 billion in U.S. online sales in 2014.

Julie Bornstein Named COO for Stitch Fix

Data-driven online personal styling service Stitch Fix has hired Julie Bornstein as COO, overseeing strategy, marketing, styling and client experience.

Palladio Beauty Relaunches

Palladio Beauty Group is embarking on a global relaunch, featuring fresh product packaging, and an updated logo and tagline, as part of an aggressive strategy to reposition the brand and grow sales in 2015.

The rollout of Palladio’s new direction is the beginning of several branding initiatives to significantly increase global reach and enhance the
 positioning of its beauty products, while maintaining its value proposition of high quality cosmetics at an affordable price point.

At ULTA Beauty: Taake to Retire, Kimbell's Role Expanded & Two Merchandising Executives Promoted

Janet Taake (pictured), chief merchandising officer of ULTA Beauty, is retiring May 2 after spending six years at the nationwide salon-store chain.

Hall of Legends at 2015 Natural Products Expo West Honors Horst M. Rechelbacher

Horst M. Rechelbacher—the founder of Intelligent Nutrients and before that AVEDA Corp.—was honored as one of a dozen natural products-industry influencers who were officially inducted into New Hope Natural Media's Hall of Legends during the 2015 Natural Products Expo West in Anaheim, California.

Rechelbacher—who passed away in February 2014—was the only personal-care inductee in the annual event of the natural-products industry's greatest contributors, and Intelligent Nutrients was the only beauty brand represented this year.

CPNA Debuts Multicultural Tones of Beauty Program

Cosmoprof North America, which is scheduled for July 12-14 at the Mandalay Bay Convention Center in Las Vegas, is set to debut its first-ever multicultural program, Tones of Beauty.