research

Consumers Are Secure, Spending

Nearly three out of every four consumers say they're spending as much or more than they expected on life's little extras—including hairstyling, manicures and pedicures, and fashion accessories, reports the latest American Express Spending & Saving Tracker released Sept. 23.

Furthermore, 81% of employed Americans report that their jobs are more than or just as stable as one year ago—and 45% expect finances to change for the better in the next six months.

Consumers to Increase Halloween Spending

Consumers to Increase Halloween Spending

The average adult is expected to spend $77.52 on Halloween this year, up from last year, according to the National Retail Federation’s Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics. Total spending on Halloween is expected to reach $7.4 billion.

“As one of the fastest-growing consumer holidays, Halloween has retailers of all shapes and sizes preparing their stores and websites for the busy fall shopping season,” said NRF president and CEO Matthew Shay.

2016 and Beyond: Color Trends Forecast Revealed

2016 and Beyond: Color Trends Forecast Revealed

Soft nudes and blushes on the lips and cheeks juxtaposed with pops of bold, contemporary chroma for eyes and nails are a glimpse into the variety of trends to look forward to beginning in 2016, according to Color Trends 2016+, the seventh annual color and beauty trends forecast from Impact Colors.

Salon Haircolor Sales Are Up 3.6%

Salon Haircolor Sales Are Up 3.6%

Professional salon haircolor product sales (at manufacturers’ shipment dollars) grew by 3.6% in 2013 to $783 million, with hair color continuing to be the primary driver of the salon business around which all other services revolve, according to the new 2013 Professional Salon Haircolor Study from Professional Consultants & Resources.

New Study Details Chair & Suite Rentals

New Study Details Chair & Suite Rentals

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.

Wig & Hairpiece Stores Market to Rise

Wig & Hairpiece Stores Market to Rise

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.