beauty business news

American International Industries Acquires Hollywood Fashion Secrets Brand

American International Industries announced Aug. 27 the acquisition of the Hollywood Fashion Secrets brand. Terms and details of the deal by the privately held, multiple-brands pro- and mass-beauty supplier weren't provided.

Spinks Promoted to President of Beauty Systems Group

Mark Spinks—most recently the COO of Beauty Systems Group—has been promoted to president of Sally Beauty Holdings' professional-products distributorship, replacing longtime BSG president John Golliher.

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.

Tour Las Vegas' Best Beauty Retailers July 11

After a year off at Cosmoprof North America 2014, Cosmoprof North America will once again offer its popular "Las Vegas' Best Beauty Retailers" tour in a collaboration with Beauty Store Business on the Saturday before this year's show officially starts (July 11).

The Campaign For Safe Cosmetics: For the Federal Personal Care Products Safety Act With "Strengthening" Amendments

The Campaign for Safe Cosmetics—a national coalition that works to make personal-care products safe for consumers, workers and the planet, and is a project of the Breast Cancer Fund—announced June 12 that it applauds the work of Senators Dianne Feinstein (D-California) and Susan Collins (R-Maine), urges the United States Senate's Health, Education, Labor and Pensions Committee to take up the Personal Care Products Safety Act and wants it to incorporate "key strengthening amendments to make it a truly ro

Murad Files Lawsuit Against CVS

Murad has filed an unfair business practices lawsuit against CVS for what it says is the unauthorized selling of diverted and defaced Murad products in CVS stores and on CVS.com, the skincare company announced June 8.

In the lawsuit, Murad alleges that because CVS has no authorized relationship with it, CVS secretly diverts Murad products from unknown sources to sell Murad’s highly sought-after products in CVS stores and on www.CVS.com.