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When 'life' hands you a curve ball







The company won't say how much the acquisition will cost, but a deal could close as soon as 45 days from now.I find it fascinating that many of you are tuned into news like this. It is very relative to all in a distant way, as it does affect the entire hair industry.
My problem with it, is this . . . I feel that within the beauty industry segment, monopolies happen and they happen everywhere and all the time. For some reason the big boys - our government - does not pay attention to them, they just don't seem to care. But I don't know why. Is it because they are too busy with the Microsoft monopoly, the Elliot Spitzer and NY government hooker scandal # 201, or what?
P & G owns so much of the hair industry I'm not sure, but I bet you all might be surprised. When it purchased my hair color sweetheart - WELLA this past year, I literally spent a week in depression. We still don't know the extent of that takeover as its much too new. I do not understand why, again but to get a full list of P & G companies is not an easy task...I'm sure if I went into "detective mode" I could uncover it, but it is NOT easy!
Just for some reference I want to list a small portion of the companies that P & G own...they try to cover it up - ?? I don't get it?? if you are a loud and proud company doing nothing wrong - stand up - be proud. Here is a small list:
can you believe that is a small sampling in one category of many they have??
- Aussie
- Head & Shoulders
- Graham Webb
- Infusium
- Pantene
- Balsam Color
- Sebastian
- Touch of Sun
- Ultress
- La Coste
- Boss
- Loving Care
- Valentino
- Wella
- Natural Instincts
- Max Factor
- Gillette
- Cover Girl
- Puma
- Nice N Easy
- OLAY ( number 1 brand in USA)
- Pantene
- Old Spice
- Herbal Essences
- Clairol
Owning a huge percentage of companies in one segment ( like hair) can be a disadvantage because it controls the competition. Competition is good for the consumer, it creates better products in my mind and many experts humble opinions. but if you own company A and company B who are in direct competition with each other - then there is no way to inspire and produce a better product... because you control BOTH SIDES.
This is probably not a popular subject and God help me if P & G gets wind of my statements, I might not be here next week! No one ever speaks poorly about P & G...I dare you to find any negative reporting about the company. Baffles the mind.
A few interesting points about this acquisition:
1) The big news out of P&G this year has been that the company is getting rid of one of its biggest brands (Folgers), and executives have said they want to get rid of more. Clearly Procter is on the path toward being a leaner company, but now we see that that doesn't necessarily mean they won't still make some acquisitions
2) That said, the question is why does buying a brand like Fekkai, which is relatively small compared to some of its existing mass-market brands like Pantene, Head & Shoulders and Herbal Essences, makesense to a company that is trying to get rid of brands?
The answer is Fekkai opens up a new sales channel for P&G, the so-called prestige market for hair care products. Fekkai is sold in high-end stores like Neiman Marcus, Saks and Nordstrom, where Procter has little, if any, penetration for its hair care products.
Procter also thinks it can grow sales of the Fekkai brand.
WSJ notes that "Hair-care products are the fastest-growing segment of the high-end beauty market" which is why I got into this industry 17 years ago, I could see where it was going. Remember my little hobby of being able to pick-out hot topics...
The deal is part of P&G's focus on building its high-margin, fast-growing beauty business.
"Fekkai is a strategic fit for our hair care portfolio and a demonstration of our desire to win with key brands in the prestige channel," said Randall Chinchilla, a spokesman for P&G's beauty business. The success of PUREOLOGY, has done nothing but spur these brands to try to follow in its path, don't they know that never works.
The purchase would add to P&G's line of upscale beauty products that includes SK-II skin care and Hugo Boss fragrances. The French-born Fekkai will have an ongoing role, P&G said."He will continue to drive creative efforts, brand image and product developments," Chinchilla said. Besides hair care products for women and men, Fekkai has salons in New York City, Los Angeles, Beverly Hills, Dallas and Palm Beach, Fla., with more planned, including one opening this spring in Greenwich, Conn. the Beverly Hills Fekkai Salon approached me to become their head Colorist just before I was diagnosed, even thought the drive would have been 1.5 hours I did consider the idea. I have always liked his style and theories - he is a class act.
But.....BUT . . . This is a subject i wanted to entertain in another manner, but might as well get it out of the way...then I will be done with the negative crap...once and for all. I just need to get it off my back and feel you all need to know it.
Here is Fekkai's story:



yours.
were removed at the scalp surface by cutting. The cut hairs were weighed and counted and the hair diameter was measured. The weight of the hair treated with 
per week and if possible used as a daily conditioner as well. Whether it be T-Flavonone or a number of other unique ingredients in the formulation the fact remains the 1-2 punch of 10,000HEADS - Hair Strength System works and works well, I hope to get many of you signed up to the protocol.
2% and that is revolutionary.