Breaking News

L’Oréal Donates $50,000 To ICSA and TSA

November 22, 2005

L’Oréal USA’s professional products division donated $50,000 to the Inter-national Chain Salon Association (ICSA) and The Salon Association (TSA) in passing the Cosmetology Tax Fairness and Compliance Act. This legislation features a credit for the FICA taxes that salon owners must now match on their employees’ tips. It also serves to offset costs related to complying with tip tax laws, such as keeping records and reporting them to the Internal Revenue Service.
L’Oréal USA executives said the Act would boost professionalism at all levels in salons, encourage young people to pursue cosmetology as a lucrative career choice and help fuel the growth of the entire industry.
In other news, Seymour Finkelstein received the ICSA’s 2004 Lifetime Achievement award. Mr. Finkelstein served as president of the ICSA in the 1980s, when he was chief executive officer of Glemby International.
Mr. Finkelstein recommends two tenets for salon chain success. “No matter how good we are, the customers are paying the bill and you need to treat them with that respect,” he said. “In addition, treating your hairdressers properly, recognizing their accomplishments and thanking them often for their efforts are the keys to retaining them. When you hairdressers stay with you, so do the clients. It’s that simple.”
  • Patent Activity: Colgate-Palmolive

    Patent Activity: Colgate-Palmolive

    December 6, 2016
    New oral care compositions, the use of radish root ferment filtrate in a cleanser and more.

  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Slow & Steady

    Slow & Steady

    Tom Branna, Editorial Director||December 1, 2016
    In a tumultuous environment, steady gains posted in the industrial and institutional cleaning sector are welcomed.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna, Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.