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In Brief: Aloette Cosmetics

This article was originally published in The Rose Sheet

Executive Summary

Aloette Cosmetics: John Teaford resigns as president, chief operating officer and director, and David Baxter resigns as director, a position he has held since June 1993. Teaford's duties will be assumed by Chairman, CEO and co-founder Patricia Defibaugh. Aloette has no immediate plans to replace Teaford. Several of Aloette's franchisees have lawsuits pending against the firm, alleging breach of franchise and fraud...
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