News

NRF Expects Solid Growth This Holiday Season

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The National Retail Federation has released its forecast for this year's holiday sales: an increase of 4.1%—higher than the 10-year average holiday-sales increase of 3.5%. “This is the most optimistic forecast NRF has released since the recession," says NRF president and CEO Matthew Shay. "In spite of the uncertainties that exist in our economy and among consumers, we believe we’ll see solid holiday-sales growth this year.

Heines Promoted at Beauty Systems Group

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Heines promoted at Beauty Systems Group

At Beauty Systems Group, Michael F. Heines has been promoted to group vice president for full service. Heines is responsible for all full-service operations, including BSG customer service, inside sales and ecommerce-support operations.

He reports to BSG president John Golliher.

“We are pleased to announce Michael’s well-deserved promotion for our BSG team,” says Golliher. “His over 22 years of experience in the professional-beauty-supply business has given him in-depth leadership experience that will serve our team well.”

Birchbox Acquires JolieBox, Expands Internationally

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Birchbox acquires JolieBox, expands internationally

Birchbox, the U.S.-based beauty discovery commerce company, has acquired Paris-based JolieBox. The acquisition expands the company's footprint, distribution and partnerships.

"The delight of discovery extends across any border and to any culture," says Katia Beauchamp, Birchbox co-founder. "JolieBox, with its like-minded team and brand ethos, is the absolute perfect partner to build relationships with new customers and brand partners internationally while simultaneously improving distribution as we scale."

Four Star Beauty Supply Opens Seventh Pro-Only Store

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Four Star Beauty Supply opens seventh pro-only store

Professional beauty-products distributor Four Star Beauty Supply expanded its professional-only store network with the opening of an 1,800-square-foot site in West Allis, Wisconsin, on Sept. 10.

Currently, all but one of its other stores are in Wisconsin: Milwaukee, Germantown, Madison, Green Bay and Eau Claire. Another site is in Woodbury, Minnesota.

Grabowski to Guide Strategic Development for New Andis Products

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Cheri Grabowski joins Andis Co. as marketing product manager

Andis Co. has created a new marketing product manager position and hired Cheri Grabowski for the spot. Grabowski is responsible for guiding the development of new products. That includes the initial strategic positioning for the product, as well as coordinating development processes within the company, rolling out the product in the marketplace, and managing its performance throughout its life cycle.

Star Avenue Capital Invests in Macadamia Natural Oil

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Macadamia Natural Oil products

Consumer growth-equity firm Star Avenue Capital announced on Sept. 12 an undisclosed investment in professional haircare brand Macadamia Natural Oil.

Star Avenue Capital was formed in partnership with private-equity firm Irving Place Capital and entertainment and sports agency Creative Artists Agency.

This investment is its first in the beauty space.

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