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Sunday, May 13, 2018

Amazon and the Onslaught of Egoless Beauty Brands | Beauty Independent
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Beauty Brands Inc. is a salon and spa superstore developed and founded by the advertising company, Bernstein-Rein. The company headquarters is located in Kansas City, Missouri. The company was purchased in November 2013 by a private California-based company replacing Bob Bernstein and David Bernstein with Lyn Kirby as the CEO and Rich Bos as President respectively.


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Founding

Robert "Bob" Bernstein, CEO of Bernstein-Rein, advertising company, developed and founded the salon and spa superstore in 1995. Bob's son, David, started with the company in 1995, became Vice President of Operations in 2000, then the COO in 2006 before Bob finally made David President and Owner of Beauty Brands in 2009, with Bob remaining as Chairman-CEO.


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Locations

As of April 2013, Beauty Brands has 65 locations in 11 states, spanning all over the Midwest with stores in Arizona, Colorado, Kansas, Missouri, Iowa, Oklahoma, North Carolina, Indiana, Illinois, Nebraska, Ohio and Texas.


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New ownership

In 2013, the company was purchased in part by Lyn Kirby, the former CEO of Ulta and the buyout group she works for based in California. Kirby bought the majority stake from Bob Bernstein. Bernstein will still have a minority interest in the company. The private-equity buyer and terms of the deal cannot be discussed by either party due to a confidentiality agreement.

Kirby served as CEO of the company, while Rich Bos replaced David Bernstein as president while Bernstein continued to serve as a consultant. Bos spent more than two decades with Ulta, ultimately as the vice president of merchandising.


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Key people

Reference:

  • Caryn Lerner - Chief Executive Officer
  • Chris Struempler--Chief Financial Officer

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References


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External links

  • Official website

Source of article : Wikipedia