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Renaissance Cosmetics

This article was originally published in The Rose Sheet

Executive Summary

Fragrance division sales, including the Dana, Chantilly, Tabu and Navy brands, rose 7.9% to $80.8 mil., while cosmetic sales, which include the Tinkerbell children's toiletries line, decreased 14.5% to $50.6 mil, the firm reported in its recent 10-K filing with the SEC. Renaissance took a net loss of $197.4 mil. on net sales of $179.7 mil. for the fiscal year ended March 31. The loss includes a $35 mil. charge related to the operational restructuring announced in February (The Rose Sheet Feb. 23, p. 11)...
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