Dermalogica Launches Salon Industry Entrepreneurship Accelerator Initiative at CGI

Program set to impact 100,000 women and girls in the U.S.

NEW YORK–(BUSINESS WIRE)–#CGI2016–At the Clinton Global Initiative, Jane Wurwand, Founder of Dermalogica,
announced an entrepreneurship education initiative for the salon
industry that is set to impact more than 100,000 women and girls over
the next three years.

Dermalogica joined No Ceilings: The Full Participation Project, an
initiative of the Clinton Foundation, Vital Voices Global Partnership,
WEConnect International and a coalition of over 30 core partners from
the public, private, and multilateral sectors to announce a new series
of commitments that aim to address significant gender gaps and advance
the gender equality targets of the United Nations’ Sustainable
Development Goals. Over the next five years, the coalition’s collective
CGI Commitments to Action will directly impact more than 900,000
individuals in over 60 countries worldwide to advance women’s economic
participation, address violence against girls and women, and promote
women’s leadership in both the public and private sectors.

The U.S. salon and spa industry provides a robust entrepreneurship
avenue for women, who make up 85%
of the industry and own 61%
of all salon businesses. Additionally, the industry
is projected
to post better than average job growth and has
registered steady growth over the last decade – outperforming the
overall economy in 11 of the last 14 years.

Recognizing this projected growth and unique opportunity for women, the
FITE Entrepreneur Accelerator Program will focus on filling the business
skills gap that currently exists in the salon industry by creating
entrepreneurship education to supplement the existing vocational
training education.

“Expertise in education and skillset training have been the cornerstones
of Dermalogica’s success for over 30 years,” said Jane Wurwand. “We are
now looking to jumpstart entrepreneurship education with women in the
salon industry – accelerating the potential of over 100,000 women and
girls in the U.S.”

The initiative will span several phases and include: the creation and
launch of an online resource platform; providing scholarships to a
select group of women in the industry for community college online
education classes; and hosting a weekend-long boot camp for salon
entrepreneurs – at a partnered college or university – to take business,
financial literacy, and management workshops.

After assessing the findings from these first three phases, Dermalogica
will move into the phase four launch of a new education platform
with salon specific courses such as how to retail, balance your books,
market services, manage a small business, employee skills, and how to
increase your service revenue and take home pay. The platform will be
developed in partnership with global financial empowerment non-profit
partner Operation Hope who is digitizing their financial ‘dignity’
education and entrepreneurship curriculum.

FITE (Financial Independence Through Entrepreneurship) is an economic
empowerment and educational initiative founded in 2011 by Dermalogica®,
to support women entrepreneurs around the world to start and grow
businesses. A seasoned entrepreneur who was able to start and grow her
business as a result of receiving skill-based training in the salon
industry, Wurwand believes that vocational education is critical not
just for women in the U.S., but globally. In conjunction with the new
program, FITE launched the Purpose Driven Education Coalition bringing
together the public and private sectors to share best practices, create
partnerships and invest in pathways to successful entrepreneurship and
small business ownership for women. A panelist on the Clinton Global
Initiative’s women and girls-focused session “Beyond Equality:
Harnessing the Power of Girls & Women for Sustainable Development”,
Wurwand discussed the role that purpose driven education plays in
reducing inequality and impacting our global economies by creating an
inclusive, diverse, and empowered workforce.

About Dermalogica:

Dermalogica® revolutionized the skin care industry when it launched into
the marketplace in 1986 with innovative formulations, which excluded
common irritants, including SD alcohol, lanolin, mineral oil and
artificial colors and fragrances. Co-founder Jane Wurwand developed the
products to better support the advanced curriculum she had developed a
few years earlier for The International Dermal Institute, which she also
co-founded. Wurwand led the company’s growth from an idea to the world’s
most-requested professional skin care brand, which is today sold in over
100 countries worldwide. In 2011, Wurwand established FITE (Financial
Independence Through Entrepreneurship) Dermalogica’s social impact
initiative to support women entrepreneurs around the world start and
grow businesses so they can support their families and communities at
large. Through FITE, Dermalogica® has helped fund more than 75K
microfinance loans for women entrepreneurs in more than 68 countries,
and provides vocational training and scholarship programs for woman and
girls across the world. Dermalogica® products are made in the USA; the
company’s global operations are based in Carson, CA, just south of Los
Angeles. To learn more, visit www.dermalogica.com,
www.dermalinstitute.com,
or www.joinfite.org.

About the Clinton Global Initiative

Established in 2005 by President Bill Clinton, the Clinton Global
Initiative (CGI), an initiative of the Clinton Foundation, convenes
global leaders to create and implement solutions to the world’s most
pressing challenges. CGI Annual Meetings have brought together 190
sitting and former heads of state, more than 20 Nobel Prize laureates,
and hundreds of leading CEOs, heads of foundations and NGOs, major
philanthropists, and members of the media. To date, members of the CGI
community have made more than 3,500 Commitments to Action, which have
improved the lives of over 430 million people in more than 180
countries. For more information, visit clintonglobalinitiative.org and
follow us on Twitter @ClintonGlobal and
Facebook at facebook.com/clintonglobalinitiative.

About No Ceilings: The Full Participation Project

No Ceilings: The Full Participation Project is an initiative of the
Clinton Foundation which aims to advance the full participation of girls
and women around the world. Through a data-driven analysis on gender
equality, an in-depth conversation series, innovative partnerships, and
CGI commitments, No Ceilings builds an evidence-based case to chart the
path forward for the full participation of girls and women in the 21st
century. For more information, visit noceilings.org.

About Vital Voices Global Partnership

Vital Voices Global Partnership invests in women leaders who improve the
world. Guided by the belief that women are essential to progress in
their communities, it has partnered with leaders from more than 140
countries who advance economic opportunity, increase political and
public leadership, and end violence against women. Programs in strategic
planning, business, advocacy and communications build critical skills
needed for creating transformational change at scale. Through its global
platform, women leaders expand their connections and visibility,
accelerating shared progress for all. Visit www.vitalvoices.org
to learn more.

About WEConnect International

WEConnect International helps women-owned businesses succeed in global
value chains. It identifies, educates, registers, and certifies women’s
business enterprises based outside of the U.S. that are at least 51%
owned, managed, and controlled by one or more women, and then connects
them with qualified buyers. Visit www.WEConnectInternational.org
to learn more.

Contacts

Dermalogica
Lori MacGregor, 310-900-4000