Big corporations have been buying smaller successful companies as a way to fuel their own growth.
If you are paying any attention to our industry, you cannot help but have noticed that the M&A scene has heated up. The year 2013 was certainly not stellar in terms of corporate marriages (or divorces). The years 2014 and 2015 to date have been much more interesting. There are numerous factors that explain this new appetite for deals—yet from my vantage point one stands out: It is all about the niche brands right now. Be it the democratic nature of social media, the decline of department-store power or a shift in consumer mood, it is cool to be indie, to be niche, to be small.
While it's a tempting thought to opt for a one-size-fits-all website, think again.
While often ballyhooed as a panacea for today’s wide variety of computing device screen sizes, “responsive” websites that claim to display well on all devices often end up being more trouble than they’re worth. The problem? These responsive websites—or sites that auto-sense a device’s screen size and then respond by reconfiguring text and graphics to fit that screen size—often render on desktop PCs with overly large text and other overblown features that are tedious to wade through. Granted, the impetus behind responsive Web design does make sense.
Business is going great, but don't let that stop you from updating the fundamentals in your store.
Is this the year you finally complete some of those back-burner projects? Perhaps you’ve been meaning to clean out the file cabinets or you’ve wanted to spruce up the employee breakroom. Maybe it’s something more self-serving, but still important, such as getting training for new software or attending a seminar on management, marketing or social media. You probably have lots of tasks that you’ve been meaning to get to, but sales, personnel problems and cost-cutting always seem to take precedence.
The Professional Beauty Association successfully debuted its first-ever Beauty Pitch finals event during Cosmoprof North America/PBA Beauty Week 2015.
This year's PBA Beauty Week from The Professional Association, hosted by Cosmoprof North America, featured an event unlike any other—to great reviews. The trade association’s much-anticipated Beauty Pitch event in Las Vegas featured five finalists presenting their businesses before a live audience to a celebrity panel and potential investors with the ultimate goal of taking their company to the next level.
Bill and Stacie Lavenia are shaking up the beauty industry with Mavala USA—bringing a revered European brand Stateside, and calculating impressive growth
Bill and Stacie Lavenia, partners at Mavala USA, based in Charlotte, North Carolina, aren’t lifetime members of the competitive, ever-changing beauty biz. But they’re quickly using their finely honed business acumen to take the industry by storm. “We came in with no experience in beauty,” Bill explains. “But we feel like we’ve looked at this business with a different set of eyes, using a business model that has worked for us in other ventures.”
Ransomware is as prevalent as ever. Here are tips on how you can protect yourself and your business.
IT security experts warn there's been a spike in the scourge of ransomware—malicious software that freezes up a computer, encrypts all of its data and demands a ransom for the system’s restoration. Since February 2013, more than 600,000 victims worldwide have reportedly been infected with just one variant of the malware CryptoWall, according to an October 2014 report released by Dell.