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The National Hair & Skin Journal VOLUME 16 NO. 61
THE PROFESSIONAL PUBLICATION OF HAIR AND SKIN REJUVENATION
Salon & Spa Industry Rebounds Tracking Indices for the Salon & Spa Industry See Increases After Three Quarters of Decline Phoenix, AZ. 04/12) - Driven by stronger sales and traffic levels and a more optimistic outlook for sales growth and the economy, the Professional Beauty Association's (PBA) three main tracking indices for the salon/spa industry, which include the Salon & Spa Performance Index (SSPI), Current Situation Index, and Expectations Index, rose in the fourth quarter of 2011. Following three straight quarters of decline and having hit their lowest levels in two years in the third quarter of 2011, the positive results for fourth quarter 2011 are a welcome relief to the professional salon and spa industry. The SSPI, which is the main index of the three, is a quarterly composite index that tracks the health and outlook of the U.S. salon/spa industry. The SSPI rose 1% from the third quarter of 2011 to stand at 102.9 in the fourth quarter. A base level measurement of 100 is used, with values above considered positive. “The salon and spa industry remains resilient. As with the broader economy, it is encouraging to see positive growth and expansion as indicated by the
The Expectations Index, which measures salon/spa owners' six-month outlook on five industry indicators (service sales, retail sales, employees and hours, capital expenditures, and business conditions), increased 0.7% to a level of 104.2. Overall, salon/spa owners are more optimistic about industry growth in the months ahead. Service sales, the core of most salon and spa businesses, was the most encouraging with sixty-seven percent of salon/spa owners expecting to have higher service sales in the coming six months. Sixty-one percent of salon/spa owners also expect higher retails sales as compared to seven percent that expect a decline.
The SSPI is based on responses to PBA's “Salon & Spa Industry Tracking Survey,” which is fielded quarterly among salon/spa owners nationwide on a variety of indicators. It is constructed so that the health of the salon/spa industry is measured in relation to a steady-state level of 100. Index values above 100 indicate that key industry indicators are in a period of expansion, while index values below 100 represent a period of contraction. The Index consists of two components - the Current Situation Index and the Expectations Index.
Despite the stronger outlook for sales and the economy, fewer salon/spa owners said they plan to expand staffing levels in the months ahead. Forty-three percent of salon/spa owners said they plan to have higher staffing level in six months. In comparison, only six percent of salon/spa owners expect to reduce staffing levels in six months, matching the proportion that responded similarly last quarter.
The Current Situation Index, which measures current trends in five industry indicators (service sales, retail sales, customer traffic, employees/hours, and capital expenditures), rose 1.3 percent to a level of 101.6. Four out of five indictors were positive in the fourth quarter. Most notably, fifty-nine percent of salon/spa owners reported an increase in same-store service sales between the fourth quarters of 2010 and 2011, up from fifty percent who reported higher service sales in the third quarter. Fifty-four percent of salon/spa owners also reported higher retail sales. Employee hours were only slightly down and
The full SSPI report and the "Salon & Spa Tracking Survey" can be found at www.probeauty.org/research.
Lady Gaga, Poker Face video.
Stars Show How
ly through children’s hospitals and other hospitals treating children with cancer throughout the U.S. and Canada, directly reaching girls who are most affected by hairloss.” This move was the result of a social media campaign started by Jane Bingham and Beckie Sypin in December 2011, when they created an official "Bald and Beautiful Barbie! Let's See If We Can Get It Made" Facebook page. The decision to distribute the dolls exclusively through hospitals and clinics was not without critics however, "If you're wanting to make a Barbie doll that's different, and you're wanting to show kids who are different that they can be different, why not show it to normal kids so that they can accept the different kids?" 15-year-old alopecia patient Olivia Rusk told WTHR-TV in Indianapolis. To which this publication adds, “Why not be positive and show that excellent hairloss solutions exist for people of all ages; Why not a Barbie with a wig?”
Hair is back on the red carpet. If anyone was in doubt, Brad Pitt is wearing his hair long again and barbers nationwide are shelving their razors and sharpening their shears. Lady Gaga, queen of the wigs, never stops showing how different styles, colors and cuts can transform you in a flash, even covering her piano with wigs in one famous performance last year! And why should the world of politics be left out? While the rest
THE BALD ECONOMY New York, 04/2012 - It’s not often hair loss gets this kind of exposure. But at the end of March, Bloomberg LP, a $16 billion financial news corporation, devoted one week to a series of special reports on hair loss solutions. Special reporter, Matt Miller, investigated “The Bald Economy” delving into every aspect of the business from hair systems to medical hair restoration and hair growth drugs and presented his findings daily on Bloomberg Television's "Bloomberg Rewind," Mar 27: “The Big Business of Hair Loss” – Over the counter solutions. Matt reviews the lotions, shampoos, cosmetic thickeners that can be found in the average drugstore or supermarket.
New Baldness Drug?
Researcher, George Cotsarelis(left)
Philadelphia, PA. 04.2012 - Researchers led by George Cotsarelis, chairman of dermatology at the University of Pennsylvania's Perelman School of Medicine in Philadelphia have discoered that men with male pattern baldness have three times more of a protein called prostaglandin D2 (PDG2) in the bald areas of their scalps compared to the other parts of the head which still have hair growing. The protein is thought to work by stopping the growth of hair follicle stem cells in the scalp, responsible for hair growth. So if drugs could block the production of PDG2, they could potentially be used to prevent hair loss Men may be able to regrow all their hair if the inhibiting protein is removed, commented Cotsarelis. US drug company, Merck and Swiss drugmaker, Actelion are already testing drugs that block these proteins.
Lay Off Photoshop
by David Edwards- © 2012- DailyCeleb.com
El Segundo, CA. 03/2012 - Mattel Inc., the largest toy company in the world, has agreed to produce a bald Barbie for children who have lost their hair due to illness or cancer therapy. A company spokesman announced, “This doll, which will be a friend of Barbie, will be distributed exclusive-
SPRING 2012
were the one negative in the report.
Salon & Spa Performance Index,” said Steve Sleeper, Executive Director of the Professional Beauty Association.
Barbie for Cancer Patients
™
Brad Pitt
Michelle Obama wig
of Washington is deadlocked in political bickering, the first lady is emerging as an engaging role model. In this picture we see the Michelle Obama wig, one of several designs that are reported to be selling briskly across the country. Republications, take note! And if you’re into reality shows, Dancing with the Stars contestant, Sherri Shepherd, referred several times to her “weave” during conversations with co-host, Cheryl Burke. Yes, hair is center stage again where it belongs.
Mar 28: “Matt Miller Meets the Toupee King.” Matt gets a makeover with Joseph Paris, founder of Joseph Paris Naturally in New York. He is impressed with the possibilities. Mar 29: “Big Pharma.” Matt explains why Merck’s $447 million Propecia sales are in jeopardy when patent protection expires in 2013 and how Johnson & Johnson continues to bank $73 million from Rogaine. Mar 30: “Surgical Solutions to Hair Loss.” Drs. Bernstein and Avram talk about advances in hair transplant technique, with an emphasis on FUE. Dr. Bernstein presents the new ARTAS robot. April 3: “Bald is Beautiful.” Matt examines the other choice – leaning to live with no hair.
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Companies that run glamorous cosmetic ads or sideby-side before and after pictures have been warned by The National Advertising Division (NAD) not to mislead consumers by retouching photographs with Photoshop. The latest company to run afoul of the NAD is marketing giant, Procter & Gamble which agreed to never again run an ad for its CoverGirl mascara because it had used, “Enhanced postproduction” and “Photoshopping” to make eyelashes look thicker than they really were. Advertising regulators around the world are taking a closer look at the use of computer software to modify real-life photos. The UK’s Advertising Standards Authority recently banned cosmetic ads featuring Julia Roberts and Christie Turlington because the use of Photoshop was misleading. In the US, the NAD has advised cosmetic companies to be cautious in the use of Photoshop. The Federal Trade Commission (FTC) is more severe and now holds celebrities personally accountable if they make claims in ads they know to be true. The National Advertising Division is part of the Council of Better Business Bureaus and is the agency that imposes self-regulation on the advertising business. Advertisers normally respond promptly to NAD recommendations because of its close relationship with the FTC, which has the power to fine or take legal action if they do not modify or withdraw misleading ads.
SOCCER LEGEND LOVES TRANSPLANT London, UK. 03/12 - International soccer legend and Manchester United super-star, Wayne Rooney is not bashful about his hair transplant. He announced his intentions prior to surgery and candidly showed the results a few days later, twittering, "Just to confirm to all my followers, I have had a hair transplant. I was going bald at 25, so why not? I'm delighted with the result." Here he proudly displays his new head of hair as he scores another goal for his team Manchester United.