Beauty Store Business

NOV 2017

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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10 November 2017 | News JD BEAUTY EXPANDS WITH BIO IONIC ACQUISITION JD Beauty Group, the parent company of WetBrush, announced in late September the acquisition of Bio Ionic professional electrical beauty appliances. Focused on building a well-rounded product offering of hair brushes, electrical appliances and liquids, the acquisition rounds out JD Beauty's existing brands. Bio Ionic will continue as a leading, global professional-only brand under JD Beauty. "I am thrilled to have this well-respected and established professional brand join the JD Beauty family. It is our mission to continue and grow the wonderful heritage that Fernando Romero started. We will work closely with our professional partners to bring the best in product innovation, inventory management and new exciting marketing opportunities domestically and internationally," says Jeffrey Davidson, CEO of WetBrush. Fernando Romero, founder of Bio Ionic, adds, "We are so pleased to pass the baton to JD Beauty Group, whose support signifies an exciting chapter in our company's history. Their invaluable resources and insight will undoubtedly grow the Bio Ionic name in the professional beauty industry." The acquisition was completed in partnership with Topspin Partners, a private equity firm and the majority owner of JD Beauty, and Deerpath Capital Management, which provided financing for the transaction. ■ DEBORAH CARVER TO RECEIVE SPIRIT OF LIFE 2018 AWARD The National Professional Salon Industry (NPSI) group will honor Deborah Carver, founder and CEO of Creative Age Communications, at the Spirit of Life Award Gala held on July 28, 2018, at Mandalay Bay in Las Vegas in conjunction with the Professional Beauty Association's Beauty Week and Cosmoprof North America. NPSI has raised more than $20 million for the City of Hope over the past 30 years to support leading edge research and medical care to find cures for cancer, diabetes and other serious diseases. Each year NPSI presents the Spirit of Life award to "an industry leader who has demonstrated outstanding business and philanthropic achievement." Deborah Carver is the first publisher in NPSI to receive this honor. As the honoree, Carver has organized a campaign aptly titled, "Hope Is in Your Hands," which raises funds for cutting-edge cancer research via text message. Anyone who wishes to support the cause can make a contribution starting right now by texting: BeautyGives $5 (or more) and your name to 41444. "All of us know someone—a loved one, a friend, a client, a neighbor— who has faced the big 'C.' Thank you for caring!" says Deborah Carver. HOT NEW ITEMS! Keeps Hair Hydrated Long Lasting Styles Alcohol Free Non Flaking Formula It effectively adds radiant shine, incredible body and volume! y S t y le s F ormul a , Fantasia Industries Corporation !VAILABLEAT&INE"EAUTY3UPPLY3TORES-AJOR2ETAILERSsFANTASIAHAIRCARECOMs-ADE)N53! @ICFantasia Fantasiahaircare C O C O N U T O I L s0REVENTSHAIRFROMBREAKING encouraging growth s(ELPSREDUCESPLITENDSAND SMOOTHESTHECUTICLELAYEROFTHE HAIRFORINTENSESHINE s!DDSSOFTNESSANDMANAGEABILITY s2ICHINANTIOXIDANTS Cory Sorensen

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