Coty and KKR signed a Memorandum of Understanding for KKR to acquire a majority stake in Coty’s Professional Beauty and Retail Hair Businesses at a contemplated enterprise value of $4.3 billion.
Tyler Turner launched a Facebook page to help stylists understand how to apply for Pandemic Unemployment Assistance (PUA) program benefits. It has been a labor of love and has offered invaluable support to self-employed beauty professionals.
The Professional Beauty Federation of California (PBFC) has retained the Dhillon Law Group to file an emergency injunction against California Governor Gavin Newsom to compel him to reconsider his "months, not weeks" extension of his shutdown order for California beauty salons, barbershops, and beauty schools.
"Beginning in early May, we will begin to see weekly deliveries of non-surgical masks and hand sanitizer that we’ll be providing, at-cost, to beauty pros as states re-open."
Today, the Georgia governor lifted the stay-at-home restrictions, which means salons and barbershops are allowed to resume open hours. The Georgia State Board of Cosmetologists and Barbers issued these guidelines in light of the COVID-19 global pandemic.
The governor said specifically that fitness centers, bowling alleys, body art studios, barbers, hair and nail salons, and massage therapy businesses can reopen as early Friday, April 24.
For many stylists out of work, the government-supplied stimulus payment is eagerly awaited. Yesterday, the Internal Revenue Service (IRS) launched “Get My Payment” to track the status of a payment. If eligible, it will allow you a chance to provide your bank account details for direct deposit.
As a professional beauty company who has been dedicated to supporting the lifeblood of our industry, beauty professionals, for more than 140 years, Coty Professional Beauty is deeply committed to help pros during this challenging time of uncertainty.
