beauty retail

Best of Both Worlds

Bringing the energy of the online beauty community to a traditional retail storefront, NYX is proving one brand really can have it all.

With an Ever-Growing Community of Beauty Bloggers, YouTube stars and Instagram gurus, cosmetics brands today are pushing to keep up with the demands of the self-taught, self-propelled young market. It comes as no surprise, then, that a brand that has embraced and catered to its social-media following since its launch 16 years ago, has figured out how to bridge the gap between the digital and retail worlds, while staying on the cutting edge of innovation.

ULTA Beauty's Hair-Salon Business Keeps On Growing

Every ULTA Beauty store has a hair salon in it—and that core-service part of the nationwide beauty-retail chain's business continues to post impressive increases.

In ULTA Beauty's financial results for its third quarter of fiscal 2015 (the 13-week period that ended Oct. 31) announced Dec. 3, salon sales increased 20% to $51.7 million—compared to $43.1 million in its third quarter of fiscal 2014.

Congressman Sessions Introduces The Safe Cosmetics Modernization Act

U.S. Congressman Pete Sessions (R-Texas) introduced H.R. 4075, The Safe Cosmetics Modernization Act, Nov. 18.

"This legislation reforms and improves the Food and Drug Administration’s ability to streamline and strengthen consumer safety requirements without strangling small businesses in the cosmetic industry with onerous regulations," said Sessions, who is Chairman of the House Rules Committee.

Topspin Partners Acquires a Majority Interest in JD Beauty Group

Topspin Partners—a private equity firm based in Mamaroneck, New York, that makes control investments in profitable and established lower middle-market businesses—has announced that it has acquired a majority interest in JD Beauty Group, the designer and marketer of branded, professional-quality hairbrushes and beauty care accessories. Other details of the deal weren’t announced.