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Cosmo Prof Leads Textured Hair Education Through Fourth Annual World of Texture Virtual Event

Retrieved on:

Wednesday, February 7, 2024

Life, Schwarzkopf, Continuing education, Wella, Olaplex, DevaCurl, Doux, Education, CE, Student, Professor, Fashion design

DENTON, Texas, Feb. 7, 2024 /PRNewswire/ -- The demand for well-rounded beauty professionals continues to grow, with clients seeking local experts proficient in a diverse range of hair types. With over 65% of the population having textured hair and current cosmetology school courses dedicating only a small portion to textured hair education, stylists are eager to learn the essential skills needed to serve their communities best. As the need for further access to textured hair education heightens, Cosmo Prof aims to help stylists take the initiative to continue their education and service every client with top knowledge from leaders across the industry.

Key Points:

Cosmo Prof continues to provide high-quality educational resources through its virtual platform, inviting stylists to the World of Texture event to enhance their understanding of texture and curl patterns within the beauty industry.
As the need for further access to textured hair education heightens, Cosmo Prof aims to help stylists take the initiative to continue their education and service every client with top knowledge from leaders across the industry.
Bringing back World of Texture for its fourth year on February 26th, 2024 - Cosmo Prof's virtual event aims to serve as a hub for students, professionals and educators to come together and deepen their understanding of texture and curl patterns within the beauty industry.
Through February 25th, beauty professionals can find more information and sign up for the World of Texture event at https://www.cosmoprofbeauty.com/world-of-texture .

Infosys Celebrates 25 Years of Delivering Innovation with SAP

Retrieved on:

Thursday, February 1, 2024

Cloud, Partnership, SAP, Intelligence, Growth, ERP, AI, Christian Klein, Patient, Wella, INFY, Investment, SAP S/4HANA, CIO, Cobalt, CPG, Roche, Online shopping

BENGALURU, India, Feb. 1, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is celebrating its 25-year partnership with SAP, a global leader in enterprise software and services. The alliance between the two companies continues to help enterprises accelerate digital transformation and create sustainable business value by bringing together the best of Infosys Cobalt and SAP's extensive portfolio of cloud applications. As part of the partnership, Infosys has worked with SAP to develop innovative solutions for enterprises across industries.

Key Points:

As part of the partnership, Infosys has worked with SAP to develop innovative solutions for enterprises across industries.
Infosys brings decades of digital transformation expertise, consulting prowess, industry cloud solutions, and an arsenal of proven tools and accelerators.
Together, Infosys and SAP have partnered to develop multiple industry cloud solutions.
Christian Klein, CEO and member of the Executive Board of SAP SE, said, "For 25 years, SAP has collaborated with Infosys to transform the way businesses run and deliver market-moving innovation to our joint customers.

Infosys Celebrates 25 Years of Delivering Innovation with SAP

Retrieved on:

Thursday, February 1, 2024

Cloud, Partnership, SAP, Intelligence, Growth, ERP, AI, Christian Klein, Patient, Wella, INFY, Investment, SAP S/4HANA, CIO, Cobalt, CPG, Roche, Online shopping

BENGALURU, India, Feb. 1, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced it is celebrating its 25-year partnership with SAP, a global leader in enterprise software and services. The alliance between the two companies continues to help enterprises accelerate digital transformation and create sustainable business value by bringing together the best of Infosys Cobalt and SAP's extensive portfolio of cloud applications. As part of the partnership, Infosys has worked with SAP to develop innovative solutions for enterprises across industries.

Key Points:

As part of the partnership, Infosys has worked with SAP to develop innovative solutions for enterprises across industries.
Infosys brings decades of digital transformation expertise, consulting prowess, industry cloud solutions, and an arsenal of proven tools and accelerators.
Together, Infosys and SAP have partnered to develop multiple industry cloud solutions.
Christian Klein, CEO and member of the Executive Board of SAP SE, said, "For 25 years, SAP has collaborated with Infosys to transform the way businesses run and deliver market-moving innovation to our joint customers.

72% of Shoppers Stay Loyal to Retailers That Offer Free Returns

Retrieved on:

Thursday, January 11, 2024

Nearly three quarters of US shoppers (72%) show greater loyalty to retailers that provide free returns.

Key Points:

Nearly three quarters of US shoppers (72%) show greater loyalty to retailers that provide free returns.
SAP Emarsys data found the rate of returns continues to climb, with 86% of shoppers returning items over the last 12 months.
However, the SAP Emarsys research suggests this is causing shoppers to switch, with 49% being less loyal to brands that charge for returns.
For me, that’s where personalization comes in.”
“When retailers offer more targeted products based on customer data, such as returns behavior and wish lists, the volume of returns drops.

Coty Delivers Very Strong Start to FY24 with Growth Ahead of Beauty Market

Retrieved on:

Tuesday, November 7, 2023

The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.

Key Points:

The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.
Prestige revenues grew at a very strong rate in Q1, accelerating to 23% growth as reported and 22% growth LFL.
The Consumer Beauty business saw particular momentum in e-commerce, with over 25% LFL sales growth, delivering share gains in the channel.
The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

Coty Agrees to Sell $150M of Its Retained Wella Stake

Retrieved on:

Tuesday, July 18, 2023

Cosmetics, Retail, Online Retail, Luxury, Kohlberg Kravis Roberts, Coty Inc., Inc., Beauty, Letter, NYSE, COTY, Skin, Cryptocurrency, Coty, Wella

Coty Inc. (NYSE: COTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it has entered into a binding letter of intent to sell a portion of its Wella stake to investment firm, IGF Wealth Management.

Key Points:

Coty Inc. (NYSE: COTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it has entered into a binding letter of intent to sell a portion of its Wella stake to investment firm, IGF Wealth Management.
Coty will sell a 3.6% stake in Wella for $150 million, subject to the completion of due diligence, reflecting a 4% premium to the book value of Wella as of March 31, 2023.
Laurent Mercier, Chief Financial Officer of Coty, said: "Today’s announcement is a milestone for Coty, as the partial monetization of our Wella stake reinforces the strength of our balance sheet, with no debt maturities in the next 2 years and our remaining Wella stake carrying an implied valuation of approximately $900 million.
The expected transaction is a concrete step in our commitment to both fully divest our retained Wella stake and reach leverage of approximately 2x by end of CY25.

Coty Reports Strong 3Q23 Results Ahead of Expectations

Retrieved on:

Tuesday, May 9, 2023

Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023.

Key Points:

Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023.
Coty's strong Q3 sales performance came in well ahead of expectations and recently raised guidance, fueled by accelerating demand for prestige fragrances, retailer restocking and Coty initiatives.
Commenting on the operating results, Sue Y. Nabi, Coty's CEO, said:
"We are once again proud to report strong operational and financial performance, with today’s Q3 results marking the eleventh consecutive quarter of results in-line to ahead of expectations.
Coty continues to see strong demand growth across nearly all categories and markets, particularly in Prestige fragrances, with Coty maintaining strong launch activity in both Prestige and Consumer Beauty.

Cosmo Prof Answers the Call for Professional Textured Hair Education

Retrieved on:

Thursday, February 23, 2023

Knowledge, Life, DevaCurl, Doux, Hair, Education, Wella, Tourism, Rusk

Stylists continue to clamor for knowledge, and consumers continue to struggle to find skilled textured hair stylists.

Key Points:

Stylists continue to clamor for knowledge, and consumers continue to struggle to find skilled textured hair stylists.
Cosmo Prof, the leading distributor of professional beauty products and education, is advocating for these stylists and consumers with a mission to teach and empower them.
"We know stylists are busy and need an efficient and easy way to shop textured hair care products online and in-store.
Knowing the textured hair community is the fastest growing segment, Cosmo Prof is excited to support stylists with best-in-class education, a more inclusive product offering, and innovative services that fuel business growth.

Quiq announces expansion into the United Kingdom and Europe bringing its conversational AI and digital messaging to new markets

Retrieved on:

Wednesday, February 1, 2023

With Quiq, brands can engage with their customers on WhatsApp, Facebook Messenger, Apple Messages for Business, Google’s Business Messages, SMS, web chat and other popular messaging channels.

Key Points:

With Quiq, brands can engage with their customers on WhatsApp, Facebook Messenger, Apple Messages for Business, Google’s Business Messages, SMS, web chat and other popular messaging channels.
Quiq also announced the appointment of Ejieme Eromosele as General Manager for Europe, the Middle East and Africa (EMEA).
Its expansion into the United Kingdom and continental Europe builds on its success in the United States and among multinational corporations.
The company also has recently seen a large increase in new business conversations with EMEA companies considering investing in business messaging and conversational AI.

Cosmo Prof Launches New Platform Enabling Stylists to Build More Profitable Businesses

Retrieved on:

Thursday, November 10, 2022

Sally Beauty Holdings, CosmoProf, Marketing, NYSE, OPI, Partnership, Skin care, Education, Technology, Multimedia, Ion, Cosmo, Nail, Consultant, Face, API, View, Clairol, Human, Conair, Zone, Program, Nikon, Entrepreneurship, Armstrong, Goldwell, L'Oréal, SBH, Industry, Matrix, Wella, Online shopping

After looking into consumer insights and the industry overall, Cosmo Prof recognized a gap in meeting stylists' business and entrepreneurial needs.

Key Points:

After looking into consumer insights and the industry overall, Cosmo Prof recognized a gap in meeting stylists' business and entrepreneurial needs.
With a free and customizable digital platform backed by Cosmo Prof's expansive assortment and fulfillment capabilities, stylists can easily sell products directly to their clients 24/7 while earning commission."
Cosmo Prof knows stylists are the ultimate influencers for their clients, with the ability to directly impact purchasing decisions based on their trusted relationships.
Stylists don't have to worry about shipment, fulfillment, or inventory management Cosmo Prof handles all orders through SalonHQ's innovative e-commerce technology.