ALFIN COSMETICS SALES FALL 6.3% TO $5.9 MIL. IN THIRD QUARTER
This article was originally published in The Rose Sheet
Executive Summary
ALFIN COSMETICS SALES FALL 6.3% TO $5.9 MIL. IN THIRD QUARTER ended April 30, and fell 6.5% to $17.5 mil. in the nine months, the firm announced June 21. Commenting on the nine months, Alfin attributed the decrease to "missed sales opportunities due to out of stock inventory conditions" of the Adrien Arpel cosmetics line in department and specialty stores.