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.

To access this article, click here to subscribe or to log in.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus