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In Brief: Alberto-Culver

This article was originally published in The Rose Sheet

Executive Summary

Alberto-Culver: Sally Beauty Company acquires professional beauty products distributor Barum Beauty Supply of Cleveland for an undisclosed amount, the company announced Jan. 4. In addition to its direct sales business, Barum also operates 11 stores that sell salon products exclusively to beauty professionals. Sally Beauty will continue to operate the Barum stores under the existing name. The purchase fits with the company's strategy "to grow in the direct and professional-only beauty store full-service sales businesses," Alberto explained. Sally also owns Victory Beauty Supply in Chicago, another full-service distributor, and continues to investigate additional opportunities in the full-service beauty business, the firm noted...
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