Beauty Store Business

NOV 2015

For beauty business news, beauty store owners turn to Beauty Store Business. Beauty business trends, beauty business profiles and more!

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4 November 2015 | beautystorebusiness.com Beauty Culture Infographic courtesy of RoC Skincare, celebrity photos courtesy of Gillian Melrose (Group SJR) and Xero from Shutterstock.com Kim Kardashian Is Out, Oprah Winfrey Is In Numerous stars, from Jessica Alba and Kate Hudson, to Ashton Kutcher and Dr. Dre, have started dabbling in entrepreneurship. In honor of this year's World Entrepreneurs Day, Xero, a cloud-based accounting software company, polled small business owners across the globe to find out which celebrity entrepreneurs most inspire them—and which they'd least like to work with. The overall winner? Oprah Winfrey came out on top around the world, while Kim Kardashian hit the bottom. Globally, Oprah Winfrey tops the charts as the celebrity entrepreneur small business owners would "most like to go into business with"—securing almost 40% of the popular vote. Winfrey has a net worth of more than $3 billion, and a diverse list of business ventures under her sleeve, including owning a TV production company, publishing and numerous philanthropic interests. How did Oprah break down against other celebrities globally? Here are the rankings. Global Results: "Most Like to Go Into Business With" 1. Oprah Winfrey 39.7% 2. Gwyneth Paltrow 12.9% 3. Mark Cuban 12.4% 4. Kate Hudson 10.9% 5. Stella McCartney 8.5% 6. Jay-Z 8.1% 7. Miranda Kerr 3.9% 8. Kim Kardashian 3.7% Looking at the results by country, in the United States, Mavericks owner and "Shark Tank" celebrity Mark Cuban narrowly beat Winfrey as the person they'd most like to go into business with, earning favor with 37% of respondents. In third place, country music singer, actress, chef and the inspiration behind Goop, Gwyneth Paltrow. Next up, Kate Hudson, followed by Jay-Z and coming in last, with 2% of the vote, Kim Kardashian. U.S. Results: "Most Like to Go Into Business With" 1. Mark Cuban 37.2% 2. Oprah Winfrey 34% 3. Gwyneth Paltrow 11.2% 4. Kate Hudson 10.8% 5. Jay-Z 4.8% 6. Kim Kardashian 2% Proving that not all publicity is good publicity, reality TV star and serial entrepreneur Kim Kardashian is resoundingly the "least admired" celebrity entrepreneur by a landslide (56%). Real estate developer, author, TV personality and politician Donald Trump (27%) followed behind Kardashian, despite being in the limelight due to his presidential candidacy run in the U.S. Homemaker and publisher Martha Stewart came in third place, followed by Ashton Kutcher in last place. Like many entrepreneurs, celebrities often start their business ventures as a side gig to their primary moneymaking endeavors. Twenty-eight percent of small business owners felt that Dr. Dre should retire from the spotlight and focus on Beats by Dre, which he sold to Apple for $3 billion. Actress Jessica Alba, who has been gaining notoriety for The Honest Co., came in second place with nearly 27% of the vote, while Ashton Kutcher came in third with almost a quarter of respondents around the world believing he should step away from the screen and focus on his side gig of investing in early-stage tech companies and restaurants. Trailing the pack with 18% was actress and blogger Blake Lively. Although Donald Trump has a net worth of $4 billion, according to Forbes, his corporations have, in fact, filed for bankruptcy four times, and small business owners are keen to offer up advice on how this presidential hopeful can stay solvent: 57% , Reconcile your business bank accounts 23% , Reduce alimony expenses 14% , Get a new hairdo ■ Do you have culturally relevant information that our readers ought to know? Send it to senior editor Manyesha Batist at mbatist@creativeage.com. The Most Wrinkle-Prone States Antiaging pioneer RoC Skincare has partnered with independent research firm Sperling's Best Places to release the second-annual Wrinkle Ranking, which determines the U.S. states where residents' skin is most at risk from damage caused by lifestyle, occupational and environment factors. RoC and Sperling's state-by-state analysis included factors commonly known to cause skin damage, such as UV exposure, as well as other factors such as geographic elevation, daily commute times, stress levels and ozone pollution. Each state was awarded a "Wrinkle Index," which is a measure of each state's vulnerability to skin damage and premature aging.

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