Experts say retailers have the advantage in today’s marketplace. Here’s why.
In recent years, retailers have been confronted by behemoth impacts on the marketplace, namely the global economy and the steep rise of the Technology Age. Both have drastically shifted the customer-retailer relationship as consumers have subsequently led by virtue of their lower budgets and quick grasp of technological advantages, leaving retailers to follow them for the sake of their profits and edge over their competition.
Beauty businesses too must safeguard their computers from the hacker underground.
Beauty retailers that are uneasy about the increasing frequency of unsolved hacker cases can take heart: With a bit of planning, it is possible to significantly reduce vulnerability to a computer break-in via the Internet.
So far, it’s been computer breaches at giant corporations, such as VISA, MasterCard and PayPal—perpetrated by a shadowy group of hackers known as “Anonymous”—that have grabbed most of the headlines.
He’s a former megadistributor and now the owner/president of Mirabella Beauty Products. What else is he doing these days?
Back in October, Beauty Industry West—a trade association serving the cosmetics industry—held its monthly luncheon meeting in Los Angeles. The event was sponsored by the Independent Cosmetic Manufacturers and Distributors trade association, and the speaker that day to nearly 100 people was John Maly, now the owner/president of Mirabella Beauty Products and a second-generation icon in the professional-beauty industry.
Give the legal budget at your business a makeover with these tips from an attorney.
You can take some simple steps to make sure your lawyer doesn’t waste time on your projects. Every lawyer has wasted time on something, and even a great lawyer such as Abraham Lincoln acknowledged that some legal tasks are inherently a waste of time and money. Back in 1850 he wrote, “Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser—in fees, expenses, and waste of time. As a peacemaker the lawyer has a superior opportunity of being a good man. There will still be business enough.”
David Giacomini, CEO of the largest online ecommerce site focused on hair, talks candidly about his company’s business.
With its user-friendly, unique website features and annual revenue of $40 million, Folica.com demands attention in the beauty-retailing arena. For more than a decade, the company has enjoyed consistent growth and innovation, continually stepping up its game to meet the needs of the increasingly sophisticated online consumer. To learn more about the company, the secrets behind its success and what’s ahead, Beauty Store Business spoke with David Giacomini, CEO of the New York City-headquartered, online-only beauty retailer.
Who bought which beauty brands in 2011? Review them closely because they could translate into new opportunities for your store.
The year 2011 will be remembered as a fairly active one when it comes to the acquisition of brands found in beauty retailers. And where there are new owners, there are new opportunities created. So here’s a look at what happened in the beauty-retail landscape this year through mid-October. And from what we at Beauty Store Business see and hear, deals will continue into 2012. Therefore, other opportunities will develop for you, so stay turned.
1. Robanda: Omega Labs USA
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