News

ICMAD's CITY Awards' Headliners

The Independent Cosmetic Manufacturers and Distributors (ICMAD) announced the three revered beauty business experts who will headline the nation's premiere event honoring innovation and creativity in beauty product manufacturing and distribution: Harlan Kirschner, The Kirschner Group and Tish & Snooky Bellomo, MANIC PANIC. The three beauty insiders have made indelible marks on the $56 billion dollar cosmetics industry and will cap off the award ceremonies with their industry insights and expertise.

U.S. Salon Services & Product Sales Grew 3.2% in 2015

Overall revenue for all U.S. salon-industry services (hair, skin and nails) plus salon retail grew 3.2%, according to the new 2015 Professional Salon Industry Haircare Study from Professional Consultants & Resources. Total U.S. salon services and salon retail sales grew to $60.27 billion.
In addition, there were nearly 294,000 U.S. salons and barbershops using and selling salon haircare products. Salon count declined by 2.5% as large rental suites opened.

U.S. Millennials Prefer "Peer" Endorsements

The results of a recent, large-scale, national survey investigating how U.S. consumers’ online behaviors impact in-store purchase decisions by Collective Bias—a leader in shopper-focused influencer marketing—are out: Involving 14,000 adults, it found that 30% are more likely to purchase a product endorsed by a non-celebrity blogger than a celebrity. Of that number, 70% of 18 to 34 year olds had the highest preference for “peer” endorsement.

LA Indie Beauty Expo Draws Success

The Indie Beauty Expo successfully debuted in Los Angeles at the Shrine Auditorium and Expo Hall May 4-5. The two-day event showcased over 105 indie beauty brands including but not limited to: Joanna Vargas Skincare, The BrowGal by Tonya Crooks, SkinOwl, Pacifica, top Crème Collective brands (tenoverten, Vapour, worker B, etc.) and as seen on Shark Tank/Mark Cuban’s invested brand, Simple Sugars.