Lamaur sells Style
This article was originally published in The Rose Sheet
Executive Summary
Hair care manufacturer signs letter of intent to sell value-priced Style hair care line to New Brunswick, N.J.-based USA Detergents, Lamaur announces. Expected to close by April 30, sale is in line with Lamaur's initiative to rejuvenate its brand portfolio by shifting focus from "classical" brands towards those developed through exclusive licensing agreements. Lamaur sold Willow Lake hair care to Allegheny Pharmacal in November (1"The Rose Sheet" Nov. 19, 2001, p. 9). Company continues to market value brand Salon Style, which could be candidate for divestiture, company says. Two companies also will jointly distribute Lamaur hair care products and USA Detergent personal care and home products to enhance firms' "global business posture," Lamaur says...
You may also be interested in...
Lamaur George Caroll Hair Care To Bring Studio Style To Mass Outlets
Lamaur will expand its mass market hair care portfolio with George Caroll Studio Style, a mid- to premium-priced offering that will debut on a major television shopping network in February before rolling out to mass market retailers in the spring, CEO Lawrence Pesin stated
EU Experts Want One-Stop-Shop EU Governance That Mimics Best Of Other Jurisdictions
It may be blue sky thinking to surmise how a new EU medtech regulatory governance structure could evolve. But with change on the horizon, experts see exciting opportunities.
How Ochre Bio Bagged Boehringer For Its RNA-Based Regenerative MASH Therapies
UK-based Ochre Bio has signed its first major deal with Boehringer Ingelheim. Scrip talked to its co-founder and CEO, Jack O’Meara, about its human tissue-based drug discovery platform, its resulting RNA platform for liver disease and how the fledgling drug company's early work mirrored that seen in diagnostics.