beauty retail

ULTA Beauty's Loyalty Program Passes 16-Million Mark

ULTA Beauty's Ultamate Rewards loyalty program now has "16.1 million active members" and "drives well over 80%" of the national beauty retailer's sales, CEO Mary Dillon told analysts during her opening remarks in the public company's second quarter 2015 earnings conference call Aug. 27.

The number of ULTA's Ultamate Rewards members is up 18% over the prior 12-month period, according to Dillon.

A Modern Look for Cosmetics Law?

Here's a detailed look at the Personal Care Products Safety Act - the proposed overhaul of cosmetics - the U.S. Senate.

The U.S. Senate is currently considering a bill to enhance the U.S. Food and Drug Administration's oversight of cosmetics. This bill is intended to bring the aging cosmetics laws in the United States in line with consumer demand for more rigorous guarantees of safety. The law that currently governs cosmetics is the Federal Food, Drug and Cosmetic Act, which was signed into law by Franklin Delano Roosevelt in 1938. Since then, U.S. consumers have become much more vocal in demanding safe products and safe cosmetics, in particular.

Skincare Spotlight: PBA's 2015 Distributor Executive Conference

Gather highlights from the event straight from the distributor VIP leaders who were in attendance.

The Professional Beauty Association held its fourth annual Distributor Executive Conference at the Neill Corp. headquarters in Hammond, Louisiana, this past April, bringing more than 50 beauty distributors from throughout the nation together for a day and a half of learning, networking and fun.

Largest Retailer of Professional Haircare Products in Canada Joins Forces with ONCAP to Help Accelerate Growth

Intrepid Investment Bankers, a leading middle-market investment bank, announced July 17 the acquisition of its client, Chatters Canada—the largest retailer of professional haircare products in Canada and one of the largest hair-salon operators in that country—by ONCAP, the middle-market private-equity platform of Onex Corp., in partnership with the existing management team. The investment is being made by ONCAP III.

Watch! Co-Founders of 100% Pure Talk To Beauty Store Business Moments After Winning Beauty Pitch

100% Pure co-founders share their Beauty Pitch experience and business tips with Beauty Store Business.

Beauty Pitch, featured during the PBA Business Forum at Cosmoprof North America, allowed five companies to compete for four different prizes being offered. The grand prize consisted of a one-year mentorship with Shark Tank star Mark Cuban. Watch Beauty Store Business executive editor Marc Birenbaum interview the co-founders of 100% Pure moments after their company was announced the Beauty Pitch winner.