Out Of My Mind On My Birthday

Out Of My Mind On My Birthday

If the 2020 election was held next week, who would you vote for?

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You know you are getting old as Jimmy Buffett says in one of his songs, “Girls start calling you sir,” and when you get cards that state there are too many candles to fit on top of the cake and even lewd cards like this one: The nurse is talking to an elderly couple and addresses the man, “The doctor would like a urine sample, stool sample and semen sample.” The man says “What does he want?” The wife answers, “Your underwear.” OK, love the happy birthday wishes but at the end of the day, it is just another day and I love quoting Buffett, “I’m getting older but never growing up.”

Loved the cookies that magically appeared today as well! Thank you to the mystery gift buyer!

IMG_2530

What category is bigger: Baby diapers or adult diapers? Good answer, adult diapers and growing past $10B a year. The biggest issue the product has: It’s name. Perhaps they can make birthday cards with them or start advertising during NFL games. Women actually have bigger needs for these than men, so perhaps give them away on the Ellen show. More joys of getting old.

My hip is doing great, thanks for asking.

Now that Coty has put most of the P&G brands it bought for $12B and OPI up for sale (now that is a big markdown), who is going to buy them? And with Revlon still for sale, what is that saying about the pro beauty business? Let’s see if private equity steps in or one of the large public companies like L’Oreal or Henkel.

Not a good day to be in the food delivery business. Grubhub wrote a 16-page letter to its shareholders explicitly stating they no longer had a competitive edge in the business. Everyone and anyone can deliver food from restaurants. Their stock plunged 40%. Even Amazon got out of the business. And what about Uber and Lyft? The entire WeWork story is something for TV. No wonder key brands are doing so well, makes perfect sense for LVMH to add Tiffany to their collection.

Speaking of TV, finished season 2 of Succession, one of the best series ever. Now watching The Loudest Voice on Showtime, the true story about Roger Ailes life who started Fox News with Robert Murdoch. Utterly fascinating.

Consumer spending is targeted at $1456 this holiday season, about a 5-6% increase over last year. What holiday gift do you want this year? For me the new Apple Pro Ear Pods are it, matching Midnight Green for my iPhone. Have to get them now!

Barron’s magazine came out with its 2020 predictions and among them, who is going to be our next president. In a landslide, they forecast Elizabeth Warren to win the Democratic nomination and Trump to win another term by more than a 2 to 1 margin. And that is with half the USA favoring Trump being impeached. Even the NY Times who wants Trump impeached perhaps more than CNN is learning the tricks of the trade Trump has used his entire life will delay or avoid this altogether. Utterly fascinating and we’re living the moment.

Sorry but have to brag about the best powder dipping system out there and its EMMA ZIP DIP. Nothing like it  with the most amazing odorless glue system and ultra fine powders. Everyone is loving it!

Last parting shot about getting “older:” You go to the mall and nothing in the stores excite you anymore. No wonder advertisers seek those 18-49 years old.

Happy Tuesday!

Out Of My Mind On A Friday Mornin’

Are the LIon's going to have a winning season?

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Happy birthday BUB!

Speaking of birthdays, Tony Cuccio will turn 59 next week. I remember his when he had black hair, thin and wore dark sunglasses in his trade ads. Amazing how fast the years go by.

I just came back from Israel where I along with a few other distributors met with Moroccanoil. We got a full dose of Israel including amazing tours and got to see their factory. I will say that this was my first visit to Israel and had no idea the country was as stunning as it was. The media, religious institutions and others make it sound almost dreary, dangerous and filled with fanatics. But Israel is anything but that and like the U.S., secular. The two main languages are Arabic and Hebrew. Jews and Muslims co-exist and I rarely saw police except for civil infractions. The food and wine is among the best anywhere as they grow virtually 100% of their needs. I can write pages upon pages of the experience but like most that visit once, I too will go back.

Now that Colomer was bought by Revlon, that makes it official: All major pro nail companies are now owned by public companies. OPI by Coty, CND by Revlon and Essie by L’Oreal. Rumor has it yet another nail company will be bought in the next week or two. Could it be Orly?

Speaking of CND, the new Forbidden collection is shipping. Alas, only the Shellac shades are available as they have yet to ship Vinylux. This is going to be one hot collection.

Essie Gel Color is getting closer to launch. 36 shades at $17.50 cost. Too bad they did not name them the same as the polish colors and why not? They matched them up to existing colors. I know I wrote about this before but still hoping they change their minds.

It’s Cheeseburgers in Paradise next Friday at TNG world headquarters. If you are in the neighborhood, stop on by for a Black Angus burger hot off the grill.

The Industry Source First Annual Trade Event takes place Sunday, September 15 from 10AM to 2PM at all 20 store locations. This is going to be a really cool event and the first of its kind in the industry. Registration is open and you must register to attend. There is no admission charge. Education, door busters and special promotions will be featured at all locations but each location will have something a little different to make it even more fun.

49 degrees this morning and it’s August. Summer is over and like Spring, the two best seasons, totally disappointing.

Why is it when you fill up your gas tank, it take a decent amount of time to go from F to M but it zooms from M to E?

And is the cash discount at the pump the biggest scam of all time?

Rumor has it the new iPhone will have fingerprint security. No passcodes or passwords. The iPhone will read your fingerprint to unlock itself. And the new iWatch is coming.

The pleasant owner of the Ambassador Bridge raised rates yet again. Looks like Moroun is making everyone pay for that second bridge.

Between Detroit’s bankruptcy and Windsor’s woes, talk about a bridge over troubled waters.

Happy Friday!

Out Of My Mind On A Friday Mornin’

Are the LIon's going to have a winning season?

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Happy birthday BUB!

Speaking of birthdays, Tony Cuccio will turn 59 next week. I remember his when he had black hair, thin and wore dark sunglasses in his trade ads. Amazing how fast the years go by.

I just came back from Israel where I along with a few other distributors met with Moroccanoil. We got a full dose of Israel including amazing tours and got to see their factory. I will say that this was my first visit to Israel and had no idea the country was as stunning as it was. The media, religious institutions and others make it sound almost dreary, dangerous and filled with fanatics. But Israel is anything but that and like the U.S., secular. The two main languages are Arabic and Hebrew. Jews and Muslims co-exist and I rarely saw police except for civil infractions. The food and wine is among the best anywhere as they grow virtually 100% of their needs. I can write pages upon pages of the experience but like most that visit once, I too will go back.

Now that Colomer was bought by Revlon, that makes it official: All major pro nail companies are now owned by public companies. OPI by Coty, CND by Revlon and Essie by L’Oreal. Rumor has it yet another nail company will be bought in the next week or two. Could it be Orly?

Speaking of CND, the new Forbidden collection is shipping. Alas, only the Shellac shades are available as they have yet to ship Vinylux. This is going to be one hot collection.

Essie Gel Color is getting closer to launch. 36 shades at $17.50 cost. Too bad they did not name them the same as the polish colors and why not? They matched them up to existing colors. I know I wrote about this before but still hoping they change their minds.

It’s Cheeseburgers in Paradise next Friday at TNG world headquarters. If you are in the neighborhood, stop on by for a Black Angus burger hot off the grill.

The Industry Source First Annual Trade Event takes place Sunday, September 15 from 10AM to 2PM at all 20 store locations. This is going to be a really cool event and the first of its kind in the industry. Registration is open and you must register to attend. There is no admission charge. Education, door busters and special promotions will be featured at all locations but each location will have something a little different to make it even more fun.

49 degrees this morning and it’s August. Summer is over and like Spring, the two best seasons, totally disappointing.

Why is it when you fill up your gas tank, it take a decent amount of time to go from F to M but it zooms from M to E?

And is the cash discount at the pump the biggest scam of all time?

Rumor has it the new iPhone will have fingerprint security. No passcodes or passwords. The iPhone will read your fingerprint to unlock itself. And the new iWatch is coming.

The pleasant owner of the Ambassador Bridge raised rates yet again. Looks like Moroun is making everyone pay for that second bridge.

Between Detroit’s bankruptcy and Windsor’s woes, talk about a bridge over troubled waters.

Happy Friday!

OPI Bops Into Culture

Do you enjoy watching commercials?

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There is always someone thinking about the next big thing.

There is always someone thinking about doing marketing different.

And then there are those that not only think but do.

How else can you explain this commercial from OPI?

It’s riveting and may also explain how both OPI and The Industry Source sold out in a matter of days their limited edition James Bond $15 top coat.

http://www.youtube.com/watch?feature=player_embedded&v=AGLCZSwYfDo

Happy Tuesday!

Coty Brings Fresh Air to Pro Salon Business

How often do you use fragrance (perfume)?

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As expected, Coty bought OPI Monday making OPI perhaps the most valuable company in the history of the pro beauty industry. L’Oreal bought MATRIX and Redken for a mere percentage of what Coty paid for OPI.

Coty which owns Sally Hansen and Rimmel among its brands is also a worldwide leader in fragrances. The information below is from their website:

Today, Coty is the world’s largest fragrance company, and a global leader in the beauty industry. After more than one hundred years in the business, Coty continues to draw on the creative, entrepreneurial and visionary legacy of its founder and, more recently Bernd Beetz, Chief Executive Officer of Coty Inc. Both visionaries have dramatically shaped and re-shaped the future of the company and the beauty industry itself.

Less than a week of acquiring OPI, they also bought Philosophy, known for their holiday lotions and potions. Plus they announced they are making yet another acquisition. WOW is all I can say.

But in the meantime, OPI is the story of the year. In a press release sent by Coty and George Schaeffer, the common thread was “that if isn’t broken, then there is nothing to fix.” With that said, OPI will continue to be the industry leader in the pro nail category and the entire management team is staying on including George.

This is good news indeed. Coty already owns the majority of the nail business in mass retail and now they have the dominant position in professional salons and spas. They have the vision and celebrity names to make OPI even a bigger player and surely they paid a premium knowing what an asset they bought.

The bottom line is that it’s business as usual. With George and the management team staying on, we know the integrity and brand proposition will remain intact and Coty’s influence will only enhance it.

I’m excited and await the new opportunities. In the meantime, congratulations to George, Suzi and Miriam from taking a dental supply company into a global giant and selling to a company that understands their vision and will take it to the next level.

Happy Wednesday!

Out Of My Mind On A Monday Mornin’

Are you a Black Friday or Cyber Monday shopper?

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So happy to be back to work today. One can only take so many consecutive days of eating and drinking anything and everything.

It’s also nice to be back to work today since all the family members left yesterday. They devoured virtually everything in sight and then made a total mess throughout the house. You would not believe the places I found candy wrappers and pistachio nut shells.

OPI is in the news once again. The Wall St. Journal is stating that Coty is the buyer and the price is near $1 Billion. With OPI and Sally Hansen, Coty will own the nail market.

I also heard over the weekend Essie is hitting Walgreen’s the first of the year with a retail price of $8. At this point, any difference in Walgreen’s, Target or even Wal-Mart selling the brand if Ulta does?

MSU 11-1, beats Penn State at Penn State for the first time since 1965 AND is the only team to beat Wisconsin. Our reward? Thumbs down for the BCS games. Enough Mickey Mouse for the Spartan’s.

I was at Somerset Mall on Black Friday (most people don’t know why it’s called that but they know to wake up early to shop) and it was busy but not crazy busy. Except for the Apple store where there was standing room only.

If someone gave you $500 to spend, what would you buy? Girls would opt in for clothes and shoes while boys would opt in for electronics. Unisex choices include designer jeans and fragrance.

Question: If you were at work and your daughter or son called and said they needed you to bring home a red pencil for their homework assignment, would take one from the office or stop at Staples? More than 90% stated they would take one from the office in a major study.

Happy Monday!