Snippets: Sally’s Net Decrease… Jonathan Change… L’Oreal Moves…
Second-quarter profits at Sally Beauty Holdings narrowed to $11 million from $31.2 million in the same period a year ago due to a significant increase in interest expense to nearly $43 million. Earnings per diluted share for the quarter ended March 31...
SALLY'S NET DECREASE: Second-quarter profits at Sally Beauty Holdings narrowed to $11 million from $31.2 million in the same period a year ago due to a significant increase in interest expense to nearly $43 million. Earnings per diluted share for the quarter ended March 31 came in at 6 cents a share on sales that rose by 4.9 percent to $609.3 million from $581.1 million a year ago. Comparative store sales at the firm's Sally Beauty Supply unit rose 2 percent on sales of $381.8 million, while comp store sales at its Beauty Systems Group division were up 11 percent on sales of $227.5 million.
JONATHAN CHANGE: Ben Greer was named chief executive officer of Jonathan Product last Friday, succeeding Stan Platek who was promoted to president. Greer previously worked as a strategic management consultant for Chrysallis Group, where he worked on the Frédéric Fekkai and Slatkin brands. Prior to that, he was the chief marketing officer for Charles Worthington for five years.
L'OREAL MOVES: L'Oréal Professionnel USA has promoted Paul Schiraldi to vice president of marketing. He replaces Stephanie Péigne, who has left the company. Schiraldi will report directly to Pierre Lampert, vice president and general manager of L'Oréal Professionnel.
MATRIX MANIA: Hair care brand Matrix is sponsoring two events next week for the broadcast networks' annual upfront presentations to advertisers. First up is Lucky magazine's three-day-long Upfronts Club, an event held at the Ritz-Carlton Hotel where celebrities can shop for their favorite fashion and beauty brands. As the official beauty sponsor of the event, Matrix will hand out Biolage's limited edition Sunsorials products along with other branded beach accessories. Matrix will then join forces with Entertainment Weekly for the second year in a row to host an upfront party at hot spot The Box on Tuesday. To celebrate the launch of Vavoom Gold Heat, gold-framed flat-screen televisions will be displayed outside the venue on the red carpet, and the interior decor will be accented with gold. Matrix will donate proceeds from Vavoom to the Elizabeth Glaser Pediatric AIDS Foundation for each celebrity that participates in a sketch.
ARROJO DONATION: Nick Arrojo kept his New York salon, Arrojo Studio, open last Sunday, to raise funds for the New Orleans Recovery Initiative. For the second year in a row, Arrojo donated all of the day's proceeds to the cause. Haircuts, normally priced from $65 to $400, were $50, and hair color was discounted from $110 to $70. This year, Arrojo Studio raised about $4,700 for Hurricane Katrina relief efforts.ROYAL AUTOGRAPH: Visitors to the 44th Street Bath & Body Works store got the royal treatment on Tuesday as Sarah Ferguson, Duchess of York, and her "king of fragrance," Harry Slatkin, made for an unusual sight. Both were on hand to greet customers and sign candles from the Sarah, Duchess of York, Tea Collection, a five-scent line of candles. A portion of the proceeds goes to the Sarah Ferguson Foundation, the duchess' nonprofit organization for children. Said Ferguson: "I wanted a candle that would burn for 36 hours and would also give hope all around the world. Today is a huge day for me because I've got my own candle — I'm on the retail market!" Her next project: a fall launch of a plug-in fragrance product inspired by the smell of the duchess' home-baked cookies.
24-HOUR BEAUTY: Uptown Girl is taking care of consumers' last-minute beauty problems with a new 24-hour concierge beauty service. With a 24-hour advance booking policy, customers can choose from a menu of beauty services from eyelash and hair extensions to makeup and brow shaping. Uptown Girl is available for at-home or in-hotel appointments seven days a week for a flat $50 surcharge fee plus the normal cost of service. Eyebrow shaping is available for $40, while hair extensions are $1,200. Uptown Girl also serves New Jersey in addition to Westchester and Fairfield counties in New York and Connecticut, respectively, for a surcharge of $150. Next year the company plans to expand to Greenwich, Conn., Los Angeles and Miami.
FEKKAI'S STYLING: Frédéric Fekkai is launching Coiff, a collection of eight multifunctional styling products this fall. Separated into pre-style, style and finish categories, the new products feature the scent of tea and violet leaves. Designed to be mixed and layered, each formula contains UV and environmental protection with sunflower and moring seed extract. Other ingredients include hibiscus protein used to strengthen and condition hair, polymers to help the hold, panthenol used as a deep conditioner, and rice and jojoba proteins to help restore and maintain the hair's moisture balance. Retailing from $23 for the Magnifique Ultra-Light Finishing Crème to $25 for the Defense Pre-Style Thermal/UV Protectant, Coiff will launch in September in Fekkai salons, Neiman Marcus, Sephora, Saks Fifth Avenue, Nordstrom, C.O. Bigelow and other independent retailers.FRIEDA EXPERTS: John Frieda last month signed on celebrity stylist Harry Josh to its team of experts, which includes Serge Normant, Kerry Warn and Sharon Dorram-Krause. He will continue working out of the Serge Normant at John Frieda salon in addition to consulting with the product company, John Frieda Collection.
BUYER PROGRAM: Cosmoprof is bringing its International Buyer Program to the U.S. trade show this year, which will be held from July 15 to 17 in Las Vegas. The program gives international buyers from emerging markets the opportunity to attend the show, network and develop business opportunities, in addition to the opportunity to import beauty sectors from U.S. suppliers, manufacturers and cosmetics brands.
EXCLUSIVE: @tomford is opening its first-ever beauty store. The boutique, which opens November 20 in London’s Covent Gardens, was designed with the over-the-top glam Ford is known for. Read the full story on WWD.com, link in bio. #wwdbeauty #wwdnews (📷: Simon Wagner) #TomFordBeauty
New York-based DJ @harleyvnewton threw a party to celebrate the holiday collection of her dress and pajama line @hvn at the Ladurée Beverly Hills. It Girls @katebosworth, @rashidajones and more joined in on the fun, which included cocktails, croque monsieur sandwiches and a photo booth. #wwdfashion (📷: Owen Kolasinski/BFA.com)
For the holidays, @Burberry partnered with 20-year-old artist @blondeymccoy on a series of three outdoor murals in downtown Manhattan. The murals are McCoy’s interpretation of a Christmas eve party, the idea of charity and the spirit of family. His third mural, pictured here, is the most personal. The image depicts McCoy’s grandparents and father in London’s Trafalgar Square in the Seventies. “My work often features lots of sentimental objects.” #wwdeye
For spring 2018, designers applied bold colors and cartoonish motifs on everything from sneakers and belts to key chains. See all the top men’s accessories trends on WWD.com. #wwdtrends (📷: George Chinsee; Prop Styling by @rnasti; Market Editor: @luiscampuzano)
The @dior-sponsored @guggenheim international gala pre-party has a history of drawing cool-girl musical acts to serenade the crowd –– and last night was no exception. @haimtheband performed songs both new and old, and lured a star-studded audience with the likes of Rebecca Hall, Kate Mara, Mamoudou Athie and more. #wwdeye (📷: @lexieblacklock)
In a partnership between the @metopera and the @englishnationalopera, “Marnie” was born. The opera, with costumes sponsored by @mrporterlive, is an adaptation of the 1961 thriller by Winston Graham. Arianne Phillips, who created the costumes, is no rookie: She’s styled Madonna for her tours and created costumes for a myriad of films in the past. Read WWD’s interview with Phillips, where she talks about her inspiration for the opera’s costumes on WWD.com #wwdfashion
@barneysnyc took a different approach to their holiday windows this year. Instead of Christmas decor, Barneys tapped @thehaasbrothers to tell a story of positivity, gratitude and inclusivity via heartwarming silliness and humor. “It’s about kids and it’s about coming together and being family and loving each other,” said Simon Haas. #wwdfashion (📷: @joshuascottphoto)
Beauty influencer @kandeejohnson makes her foray into hair care with a collaboration with @ogx_beauty — making it the first time that OGX has teamed up for a product creation. The collab includes shampoos and conditioners in three scents. At 39 and a mom, Johnson is a different profile than the emerging social media stars, but is considered one of the pioneers of the digital beauty influencer world. Read WWD’s interview with her on wwd.com, including the strangest beauty product she’s ever tried #wwdbeauty