Sears, Roebuck and Co. announced plans Monday to sell cosmetic brands normally found at the corner drugstore in 100 of its stores and on its web site. Get the full story »
Inside these posts: Cosmetics
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Colorlab to open cosmetics boutiques in Sears
Colorlab Custom Cosmetics, a Rockford-based makeup manufacturer, is moving into Sears as the department store chain expands its beauty business and looks for tenants. Get the full story »
Sally Beauty shares soar on Q1 results
Sally Beauty Holdings Inc.’s quarterly results beat market expectations, as consumers continued to prefer doing their own make-up at home instead of heading to salons during the holiday season, lifting its shares over 16 percent. Get the full story »
Ulta ups outlook on strong holiday sales
Ulta Salon, Cosmetics & Fragrance Inc. said Thursday that revenue at stores open at least a year surged 9.5 percent for its seven-week holiday period. The strong performance prompted the beauty retailer to boost its fiscal fourth-quarter earnings and revenue outlooks. Its stock jumped $1.60, or 4.6 percent, to $36.12 in morning trading. Get the full story »
Sally Beauty buys Aerial Co. for $70M
Sally Beauty Holdings Inc. bought Aerial Co. Inc. for $70 million as the professional beauty supplier looks to expand its footprint in the Midwest.
The Marinette, Wisc.-based Aerial sells professional beauty supplies such as hair and skin-care products to salons and spas. It had about $100 million in revenue last year. Get the full story »
Avon calling sterling-silver jeweler Silpada
Beauty products direct-seller Avon Products Inc. said it will buy closely held sterling-silver jewelry seller Silpada Designs Inc. for at least $650 million.
An additional payment will be made to Silpada shareholders in early 2015 if certain earnings-growth targets are hit. There is no contractual minimum or maximum to this potential payment, but Avon estimated that it could range from $50 million to $100 million. Get the full story »