Alberto-Culver Weighs Options For Beauty Supply Division
This article was originally published in The Rose Sheet
Executive Summary
Alberto-Culver will decide by its July board meeting whether to split the Sally Beauty and Beauty Systems Group divisions from the consumer products unit, President and CEO Howard Bernick stated during an April 27 analyst meeting
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Sally Beauty hire
Borders Inc. exec Michael Spinozzi appointed president of Sally Beauty Supply for the U.S. and Canada, charged with directing "store operations, merchandising/purchasing, advertising, customer service, customer relationship marketing" and other responsibilities, Alberto-Culver company announces June 5. Exec also will be responsible for directing the overall strategic direction for more than 2,100 Sally Beauty stores in the U.S. and Canada, firm notes. Spinozzi will report to Gary Winterhalter, president of Sally Beauty and Beauty Systems Group. Exec most recently served as exec VP, Chief Product Officer for Borders. Alberto will decide by its July board meeting whether to split Sally Beauty and Beauty Systems Group divisions from the firm's consumer products unit (1"The Rose Sheet" May 8, 2006, p. 6)...
Sally Beauty hire
Borders Inc. exec Michael Spinozzi appointed president of Sally Beauty Supply for the U.S. and Canada, charged with directing "store operations, merchandising/purchasing, advertising, customer service, customer relationship marketing" and other responsibilities, Alberto-Culver company announces June 5. Exec also will be responsible for directing the overall strategic direction for more than 2,100 Sally Beauty stores in the U.S. and Canada, firm notes. Spinozzi will report to Gary Winterhalter, president of Sally Beauty and Beauty Systems Group. Exec most recently served as exec VP, Chief Product Officer for Borders. Alberto will decide by its July board meeting whether to split Sally Beauty and Beauty Systems Group divisions from the firm's consumer products unit (1"The Rose Sheet" May 8, 2006, p. 6)...
Alberto-Culver, Regis Pull The Plug On Planned Merger
Regis Corporation is terminating its agreement to merge with Alberto-Culver's Sally Beauty and BSG divisions following an announcement Alberto would withdraw its recommendation for shareholder approval