Beauty Store Business magazine - January, 2020

beauty news

Radiant Orchid Is the 2014 Color of the Year

Radiant Orchid Is the 2014 Color of the Year

Global color authority Pantone has announced PANTONE 18-3224 Radiant Orchid as the 2014 color of the year.

“While the 2013 color of the year, PANTONE 17-5641 Emerald, served as a symbol of growth, renewal and prosperity, Radiant Orchid reaches across the color wheel to intrigue the eye and spark the imagination,” said Leatrice Eiseman, executive director of the Pantone Color Institute. “An invitation to innovation, Radiant Orchid encourages expanded creativity and originality, which is increasingly valued in today’s society.”

Retailers Lose Billions in Holiday Return Fraud

Retailers Lose Billions in Holiday Return Fraud

Retailers will lose about $3.39 billion to return fraud this holiday season, as part of a total $8.76 billion expected overall in return fraud for 2013, according to the National Retail Federation’s 2013 Return Fraud Survey.

The survey, which was completed by loss-prevention executives at 62 retail companies, notes that 5.8% of holiday returns are fraudulent, up from 4.6% last year.