Husband and Wife Open Newest Black-Owned Cutting Edge Beauty and Wellness Store In Hollywood, Florida

Stacey and Martin Clarke have long used their sales and business development skills to help clients create successful companies across South Florida. Now the husband and wife team have used their expertise to work for themselves as the new owners and operators of Asili Beauty and Wellness store located in Hollywood, Fla., where they offer cutting-edge, sustainable, carbon-neutral beauty and wellness products from around the world.

“You can’t have real beauty without wellness,” Martin said in defining the philosophy behind Asili (pronounced Ah-sill-lee), which means “natural” in Swahili.

“What makes us unique is that we have combined beauty and wellness in the same space with equal focus” Stacey said.

“Nowhere else can you find beauty and wellness products presented as cause and effect.”

It’s a natural pairing, Stacey said, one reflected in the products sold in their 5000 square foot flagship store located at 2014 Harrison Street, in Hollywood, Fla., just north of Miami.

“We carry products that are good for you,” Stacey said.

“We incorporate a wellness aspect in everything we do. In our buying strategy, we source products that are clean, made with social responsibility, and have a limited carbon footprint.”

“Ninety percent of the products we offer are one hundred percent vegan.”

Asili carries the Clarke’s own luxury lines, including 15 fragrances of herb and oil based natural soaps, an all-natural skin care line featuring cleansers, daily cream moisturizers, and wrinkle recovery serums fortified with vitamin A and vitamin B.

In July 2022, Asili will debut a luxury raw human hair line including cranial prostheses and custom, glue-less hair units (wigs) that can be cut and styled to the customers preference.

Asili products are sourced from the U.S. and countries around the world.

“You can find products here that you can’t find anywhere else,” Martin said.


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Sally Beauty (NYSE:SBH) Rating Lowered to Hold at

Sally Beauty (NYSE:SBHGet Rating) was downgraded by analysts at from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities analysts have also recently issued reports about the company. Cowen reduced their target price on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. TheStreet cut Sally Beauty from a “b-” rating to a “c+” rating in a research note on Thursday, June 23rd. Oppenheimer cut Sally Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 5th. Morgan Stanley lowered Sally Beauty from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $19.00 to $12.00 in a research report on Thursday, June 16th. Finally, Raymond James lowered Sally Beauty from a “market perform” rating to an “underperform” rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.70.

Sally Beauty Trading Up 1.0 %

NYSE SBH opened at $13.74 on Friday. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.60 and a quick ratio of 0.59. Sally Beauty has a 12 month low of $11.28 and a 12 month high of $21.86. The company has a market cap of $1.47 billion, a P/E ratio of 6.74 and a beta of 1.38. The company has a 50-day moving average of $13.19 and a 200-day moving average of $15.18.

Sally Beauty (NYSE:SBHGet Rating) last released its quarterly earnings results on Thursday, August 4th. The

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