CosmoBiz Magazine April 2016 | Page 14

Editor’s Note IT’S SPRING, GET READY FOR THE WEDDING SEASON S pring has finally arrived. Here in the DC metro area, we know for sure spring has come when the cherry blossoms adjoining the Potomac River are in full bloom. Along the arrays of beautiful cherry blossoms, brides-to-be with groomsto-be pose for playful photographers to get the best engagement photos. The scenery of these happy couples is nothing new this time around, suggesting that the official wedding season has kicked off. The wedding industry generates about $55 billion annually in the US. As the first wave of baby boomers 2.0 is hitting the average marrying age, the industry is expected to grow bigger and faster, and as a result more opportunities will be available for beauty professionals. Whether you have already tapped into this lucrative industry and work as a wedding hairstylist or makeup artist, or you are probing into the new field of bridal hair, our feature stories - Bridal Hair & Beauty (page 45)will bring you a depth of valuable information. Hair extensions have become staples for brides and hairstylists to pull off a desired look for the big day. Read TEAM Bridal Extensions’ story of how they became experts on bridal extensions and created their own line of extensions exclusively for brides (page 68). Check out the 10 Do’s and Don’ts on Your Client’s Wedding Day Hair Extensions (page 46), an introduction to bridal extensions. The natural hair trend is spreading fast and bridal hair is no exception; remember Solange Knowles’ natural wedding hair in 2014? If you’re looking for inspiration on natural hair for a wedding, look no further than Natural Wedding Hair (page 48). We also bring you fresh ideas for wedding day hair and makeup from Spring/Summer 16 runways (page 52) and for wedding hair accessories (page 56). Lastly, I’m excited to feature an interview with David Yoon, CEO of Ben’s Beauty Supply, Inc. Ben’s Beauty is one of the largest multi-cultural beauty distributors in the US and has been around for almost 30 years. The company carries over 10,000 items to satisfy diversified customers’ needs. Yoon has been at the heart of Ben’s Beauty’s growth for the past 25 years and is one of few people who understands the beauty industry from both the manufacturer’s and retailer’s perspectives. He himself was one of the pioneers of OTC stores in Texas in the 90s and led the OTC boom since then. Compared to the golden times of beauty supply in the 90s, he agrees that the current business environment is not favorable to retailers. Collapse of hair prices due to stiff competition and competition with online sellers are some of the biggest challenges that beauty retailers are facing. Yoon, however, stated that some beauty supply stores are doing very well in spite of these obstacles because they are checking inventories thoroughly, striving to improve customer relations, and diligently attending educational seminars to learn about new products, which leads to selecting better products and ultimately increasing sales. His candid interview about Ben’s Beauty and its relationship building with retailers and manufacturers is featured on page 32. Happy spring and enjoy reading! Top 2014 Wedding Statistics Average Wedding Cost: $31,213 (excludes honeymoon) Most Expensive Place to Get Married: Manhattan, $76,328 average spend Least Expensive Place to Get Married: Utah, $15,257 average spend Average Marrying Age: Bride, 29; Groom, 31 Average Number of Guests: 136 Average Number of Bridesmaids: 4 to 5 Average Number of Groomsmen: 4 to 5 14 COSMOBIZ SALON APRIL 2016 Most Popular Month to Get Married: June (15%) followed by October (14%) Popular Wedding Colors: Ivory/White (44%), Blue (37%), Pink (28%), Metallics (26%), Purple (23%) Percentage of Destination Weddings: 24% Source: The Knot 2014 Real Weddings Survey