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In Brief: BeautiControl

This article was originally published in The Rose Sheet

Executive Summary

BeautiControl: Establishes U.K. presence with 80%-owned BeautiControl International Ltd., formed through the purchase of a two year-old direct sales jewelry company with about 500 consultants, the Dallas, TX-based firm announces July 5. The new subsidiary "allows us to market our skin care and cosmetics products in the U.K. through an existing consultant base while continuing to build the jewelry business," BeautiControl President and CEO Richard Heath said. The firm expects to pay $500,000 for the subsidiary over the remainder of 1995, which will have a "minimal impact on BeautiControl's consolidated sales and earnings." In 1996, the company expects the U.K. subsidiary to generate sales of roughly $2 mil...
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