The Spilo Worldwide headquarters has relocated to a new state-of-the-art facility in Vernon, California.
The more than 50,000-square-foot facility features a 200-foot assembly line and houses all facets of the company, including its offices and warehouse.
“Beginning the new year in a new facility is providing Spilo Worldwide with the wonderful opportunity to expand and improve our operations," Marc Spilo, Spilo Worldwide CEO, told Beauty Store Business.
There has been a 50% decline in the number of cyber attacks against U.S. retailers since 2012, according to IBM's 2014 Retail Research and Intelligence Report. Nevertheless, the number of records stolen from retailers remains at near-record highs—with more than 61 million records stolen from retailers by cyber attackers in 2014.
Find out about what lies ahead for beauty retailers in 2015.
"Recent economic data have been encouraging," says Sophia Koropeckyj, managing director of industry economics at Moody's Analytics (economy.com), a research firm based in West Chester, Pennsylvania. "Stronger job growth, record low debt service burdens, record high stock values and rebounding house prices are supporting consumer spending." While such factors would normally be expected to provide a healthy talk wind to the economy, a number of issues will continue to put a drag on progress.
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