Drybar expands international presence; 26 stores to open across Qatar, Kuwait and UAE
Drybar is gearing up to open some 26 stores across Qatar, Kuwait and the UAE thanks to a newly signed master franchise deal with Lekhraib Rose.
Dior to open first Dubai spa
Dior has partnered with The Dorchester Collection to open a spa at The Lana in Dubai – the LVMH-owned brand’s first in the UAE region. The 4,305 sq ft space is due to be completed in April.
L’Oréal Canada Expands with ICON
L’Oréal Canada has announced that SalonCentric Canada, a subsidiary of the company, will acquire the operations of ICON SALON SYSTEMS, a privately owned full-service distributor based in British Columbia (BC).
L’Oreal announces acquisition of Gjosa
L’Oreal has announced that it has signed an agreement to acquire the outstanding shares of water tech start-up, Gjosa. The French beauty giant partnered with the Swiss-based innovator to launch the L’Oreal Professional Water Saver professional showerhead in 2021. Financial terms of the deal were not disclosed.
Olaplex Q3 2023: sales plummet 30 percent
Olaplex Holdings has announced its results for the third quarter of fiscal 2023. The hair care company saw sales plummet 30 percent to US$123.6 million and income nosedive from Q3 2022’s US$60.8 million to US$20.4 million.
Lush to ‘revolutionise the hair industry’; opens first hair salon
Lush is poised to launch its first hair salon in Brighton. The ethical cosmetics brand’s HairLab will take a holistic approach to hairdressing and barbering, cater for all hair types, reduce salon waste and feature a ‘spa for your head’.
Sally Beauty partners with XMondo Color
Sally Beauty has announced an exclusive retail partnership with XMondo Color. The retailer will be the first and exclusive in-store distribution partner for the brand.
Olaplex’s Forecast Tangles with Competition
Olaplex Holdings Inc. has revised its annual sales forecast downward due to reduced demand and growing competition.
Bain Capital Eyes Ilooda Acquisition
Ilooda, a South Korean medical aesthetic device maker, is expected to sell its management rights to US private equity company Bain Capital LP.
Taliban orders closure of all beauty salons in Afghanistan
The Taliban has ordered that all beauty salons in Afghanistan must close their doors for good next month, according to a report published by The Wall Street Journal.
LATEST NEWS
