Private-equity firm HCP & Co. has signed an agreement to sell its investment in NYX Cosmetics to L'Oréal, as part of the sale of the company.
"HCP has been an amazing partner to work with in growing the business. They have added tremendous value, and I would recommend this team to any entrepreneur or business owner," said Toni Ko, NYX's founder and chairwoman.
Security breaches are happening more frequently. Read on to discover how you can protect yourself and your customers.
The mammoth security breach at Target stores over the 2013 holiday shopping season focused the nation on the reality of cybercrime and identity theft. Forty million people had credit or debit card numbers stolen in the attack and 70 million more had information--such as home addresses and phone numbers--taken by criminals. Target announced the attack on December 19 and just days later, Neiman Marcus reported it had also been the victim of a cyber attack during the holidays.
FRAGments, a curated perfume-as-art event/collective for artisan/indie perfumers, took place June 7 at the Skinny Studio in the Highland Park area of Los Angeles. The free event provided artisan perfumers with an opportunity to present their work in a gallery setting while also selling direct to the public.
Credit card security breaches are happening more frequently. Take steps to avoid penalties and protect your customers.
Credit cards. What would today's retailer do without them? If you're like most merchants, you've found that the ubiquitous plastic card has become the default transaction tool for purchases large and small. But there's a hidden danger in being too cavalier about how your staff handles credit card transactions. You can be hit with costly fines and penalties if you ignore increasingly tight regulations governing the protection of customer data, especially if your violation leads to an actual release of customer information into criminal hands.
NYX Cosmetics will host its multinational competition FACE Awards to name the Beauty Vlogger of the Year on YouTube at Club Nokia in Los Angeles on Aug. 22.
The third annual Fine Artistry of Cosmetic Elites Awards 2014 gives contestants a chance to win $25,000, consultations with pro makeup artists, a year’s supply of NYX Cosmetics and the opportunity to build a promising professional career in makeup artistry.
Cosmoprof North America will present its first-ever interactive experience area on its show floor during the upcoming show July 13-15 at the Mandalay Bay Convention Center in Las Vegas.
More On BeautyStoreBusiness