Revenue for the wig and hairpiece stores industry is projected to rise over the next five years at an annualized rate, according to market-research firm IBISWorld’s newly updated "Wig & Hairpiece Stores in the U.S. Industry" report. The industry will primarily benefit from improving per capita disposable income, which will boost demand for discretionary purchases of wigs and hairpieces.
Consider these powerful insights from industry leaders Gail Federici, Amy Errett and Alli Webb.
The Biannual WWD Beauty CEO Summit, held May 7-9 at The Breakers in Palm Beach, Florida, brought together more than 300 beauty executives, both "Davids" and "Goliaths," industry giants and newcomers. The theme of this year's summit was Metamorphosis, and Winston Churchill's famous quote was regularly referenced: "To improve is to change; to be perfect is to change often."
Read about highlights from three of the most powerful presentations in the Beauty Store BusinessAugust digital edition!
What do antibacterial soaps and fake mustaches have in common? They are cosmetics. They both fit the definition of "cosmetic" under the Federal Food, Drug, and Cosmetic Act (FFDCA), the federal law that governs cosmetics as well as foods and drugs.
The National Retail Federation has told the U.S. Supreme Court that the debate over debit card swipe fees is “of staggering importance” and has asked the justices to review a ruling that left the Federal Reserve’s cap on the billions of transactions conducted each year at 21 cents rather than reducing it to a lower level.
Follow this advice to turn workers' attitudes from the dark side to more productive, positive ones.
Do your employees play well with shoppers? Do they engage with the public in ways that spark sales and promote loyalty? In the best of worlds you would always answer "yes." The fact is every business has some employees who have a tendency to look on the dark side of things—a habit that can create negative interactions with customers. And even the sunniest workers have bad days. The cause might be a perceived snub from a supervisor. Or maybe it's a marital crisis or a financial issue. Whatever the reason, the result is the same: a grumpy employee who alienates customers.