Lamaur
This article was originally published in The Rose Sheet
Executive Summary
New hairstyling line distributed through TV shopping network will launch in June in Canada and in the U.S. in July, Lamaur says May 18. Collection is among various licensing deals planned to drive growth (1"The Rose Sheet" April 9, p. 7). First quarter net revenues declined 33.8% to $6.1 mil. due to $1.5 mil. reduction related to manufacturing divestiture and $314,000 retail sales decline due to discontinued low margin items, Lamaur says. Losses totaled $783,000, versus loss of $463,000 in first quarter 2000. Start-up expenses of B In10se hair care negatively affected profits, company reports
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