HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

In Brief: Helen of Troy

This article was originally published in The Rose Sheet

Executive Summary

Helen of Troy: Enters hair care market with purchase of Caruso International, a manufacturer of hair products, tools and equipment, El Paso, Tex.-based Helen of Troy announced June 23. Caruso markets hair care items under the Professional Secrets and Richard Caruso brands and also holds trademarks for skin care products. The company's primary product is a molecular steamsetter to set curls, which is sold to salons and consumers. Helen of Troy said it pursued the Caruso acquisition to help build its machinery business, but noted that it will continue to market the hair care products. Terms of the deal were not disclosed. FY 1997 sales (ended Feb. 28) for Helen of Troy reached $213 mil., an increase of 27.5%. Net earnings advanced 31.4% to $17.2 mil...
Advertisement
Advertisement
UsernamePublicRestriction

Register

RS004331

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel