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Dep receives $2.5 mil. from S.C. Johnson in out-of-court settlement.

This article was originally published in The Rose Sheet

Executive Summary

DEP/L.A. LOOKS HAIR CARE BRAND SALES INCREASED 6% IN THE U.S. in the first quarter of fiscal 1997 (ended Oct. 31), Dep Corp. said in its consolidated income statement filed Dec. 17. Dep and L.A. Looks are the core brands of the company's hair care segment, which is Dep's largest selling business. Despite growth in the Dep and L.A. Looks brands, the company continues to struggle with its Agree and Halsa brands, which had sales declines of 28%, pushing sales for Dep's hair care business down 2% in the first quarter



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