This article was originally published in The Rose Sheet
Net sales dropped 67.8% to $50.2 mil. in 1999, and fourth quarter sales fell 62% to $10.3 mil., the firm says. The net loss included $600,000 related to the sale of the company's manufacturing facility to Tiro Industries in December and a $5.4 mil. gain due to the sale of its salon brands to Zotos International, a subsidiary of Shiseido, in July. Remaining retail hair care brands include Perma Soft, Willow Lake and Salon Style
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