Coty sells 60% share of Professional Beauty division for $4.3bn
Coty‘s Professional Beauty and Retail Hair businesses, which include the OPI, Wella, Clairol and ghd brands, have sold a 60% stake to American private equity firm, KKR. The estimated cost of the stake is $4.3 billion, and saw KKR fight off competition from Henkel. Coty will retain the remaining 40%…
Read MoreCoronavirus: Hair & beauty businesses likely to remain closed until at least July
Following Prime Minister, Boris Johnson’s, address to the nation on Sunday 10 May, it is likely that hair and beauty businesses will remain closed until at least July due to the coronavirus pandemic. Small changes to the nation’s freedom of movement were announced, including abolishing the one hour per day…
Read MoreSalons sell over £1 million in gift vouchers during lockdown
Salons across the UK are still managing to generate revenue despite being closed since late March due to government measures against coronavirus. To support small and medium businesses to continue thriving during the crisis, Phorest Salon Software released its online voucher functionality on April 1st. So far, salons have sold…
Read MoreHere are the at-home beauty treatments consumers are attempting during lockdown
As lockdown continues and salons remain closed, consumers are taking matters into their own hands and attempting D.I.Y beauty treatments at home. The team at Cosmetify has compared Google Trends data for the three weeks before and after the UK lockdown rules were put in place to discover the most searched-for beauty…
Read MoreNHBF working with government to deliver ‘return to work’ guidelines
The National Hair & Beauty Federation (NHBF) is working with the government to deliver guidelines for how the hair, beauty and barbering industries can safely return to work. These will be released in line with the government ‘roadmap’ out of lockdown which is expected to be announced this week. However,…
Read MoreBABTAC & the British Beauty Council work together to help techs return to work safely
The British Association of Beauty Therapy & Cosmetology (BABTAC) is working with input from the British Beauty Council to provide a guide from a therapist’s viewpoint on the policies and procedures to be undertaken to ensure the safety of themselves and their clients when back at work. Lesley Blair, chair…
Read MoreCoronavirus: At-home beauty tools top most in-demand e-commerce products
At-home beauty tools have topped the UK’s most in-demand beauty products as lockdown from the coronavirus pandemic continues. From the week beginning 13 April, online impressions for hair scissors increased by more than 3000% with a 500% conversion rate, according to data published by digital shopping specialist RedBrain. Hair curlers…
Read MoreCoronavirus: NHBF responds to speculation of the re-opening of salons
Following media speculation that hair and beauty salons could remain closed for six months over coronavirus safety fears, the National Hair & Beauty Federation (NHBF) has released an official statement to professionals within the industry. Newspaper publications have reported that the Government’s scientific advisors have not been able to find a…
Read MoreStats show surge in online demand for lockdown nail products
New data from e-commerce platform RedBrain.com has revealed a shift towards a ‘feel-good’ factor in what the UK has been searching for and buying during lockdown. In the week commencing 13 April, RedBrain.com found demand was up in the following nail categories: Nail art kits & accessories – over 600% Cuticle…
Read MoreHealth & beauty crowned strongest growing market in March
A study by ChannelAdvisor has found that health and beauty e-commerce GMV spiked last month as consumers were forced to stay indoors due to the Covid-19 outbreak. According to the study, the health and beauty industry has seen year-on-year growth that spiked in mid-March, which marks the time when lockdowns…
Read MoreLauren Holmes hosts Instagram nail art workshops
Scratch Stars Awards 2019 Gel Polish Stylist of the Year, Lauren Holmes, is set to host a variety of virtual nail art masterclasses. Created to inspire and improve nail art work, Lauren say the classes are designed to get techs ready to go back to work ‘with a bang’. Scroll…
Read MoreJoanna Bandurska donates personal care products to local hospital workers
Joanna Bandurska has donated essential personal care products to local hospital workers in Szpital Specjalistyczny w Chorzowie. The Polish-based 2019 Nailympia Global Cup champion & educator for Indigo Nails Lab collected much needed supplies with huband, Michal Bandurski. Items donated include disinfectants, gloves, caps, antiperspirants, body lotions and hand creams…
Read MoreOnline resource helps change workplace attitudes towards mental health
The Lord Mayor’s Appeal Charity, which aims to find solutions London’s most pressing societal issues, has introduced an initiative to help change attitudes towards mental health in the workplace and improve employee wellbeing. This Is Me was launched on World Mental Health Day 2016 and aims to reduce the stigma…
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