By 2015, nearly 50% of all U.S. salons will offer some form of the booth rental/leasing model. In the long run, there’s little doubt that the better managed, private and corporate chains and booth rental salons combined will satisfy nearly 75% of all U.S. salon consumer market needs. That’s according to the new “Professional Salon Industry—2013, Chair and Suite Rental Study” from Professional Consultants & Resources, a strategic consultancy and salon-industry data source in the United States.
Boca Cosmetics Group scores success with an alternative to in-salon keratin treatments: affordable at-home keratin systems.
A few years ago, when Claudio Correia, president of Boca Cosmetics Group in Boca Raton, Florida, noted that keratin treatments were becoming all the rage in salons across the country, he saw a perfect opportunity to expand his business. What if clients could perform their own straightening and smoothing treatments at home?
The National Retail Federation has announced the formation of the Small Business Retail Council to organize, recruit and engage main street merchants and independent community retailers in grassroots advocacy activities. The council will represent and be responsive to the needs, concerns and interests of local shops, and provide the association’s small business members a forum to discuss the most pressing public policy issues and priorities.
Tackle beauty-oil questions and recommendations with savvy.
The word “oil-free” has long been one of the most prized words used in skin care; in particular, when recommending products to younger, oilier skin types. However, not all oils are evil. Not only do oils not break out the skin, they have a myriad of therapeutic properties. Indeed, one of the most feared skincare ingredients—oil—was used by Cleopatra to alleviate the drying effect of the desert on her skin.
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!