Alberto-Culver's separation of its consumer products business and its distribution business for professional beauty supplies is complete, resulting in two separate, publicly traded entities, firm announces in Nov. 16 release. Newly independent Sally Beauty Holdings - consisting of specialty retailer Sally Beauty Supply and distributor Beauty Systems Group that provide professional beauty products to retail consumers and salons - will be headed by Gary Winterhalter as president and CEO. The separation was approved by Alberto-Culver shareholders Nov. 10 after a merger agreement with Regis Corporation fell through in April (1"The Rose Sheet" Nov. 13, 2006, p. 7). Going forward, Sally Beauty is "seeing a large and addressable market, stable and consistent industry growth, favorable underlying demographic trends, a highly fragmented customer base and a limited number of sizeable direct competitors," Winterhalter says...
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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The Independent Beauty Association has launched an interactive Policy Map tracking state and federal bills and filtering by state or topic, pinpointing bills of great priority.
Winterman moves from AstraZeneca to lead Perrigo supply operations; SunsolveMD fashions a brand ambassador in Elsa Hosk; Former P&G marketing exec Davis-Artis joins Godrej; and Epidiolex developer Wright advises BRC Th
Enterprise Investors takes 77% stake in Polish clean-label dietary supplements manufacturer Formeds.
