BeautiControl
This article was originally published in The Rose Sheet
Executive Summary
Net sales up 10% to $12.2 mil. and profits up "substantially" to $100,000 in 13 weeks ended Dec. 30 subsequent to acquisition by parent company Tupperware, food storage direct seller announces Jan. 29. Tupperware closed its purchase of the beauty direct seller Oct. 17 with approximately 17 mil. shares of BeautiControl common stock sold at $7 per share (1"The Rose Sheet" Oct. 23, 2000, In Brief). BeautiControl will enter Latin American market in first half of 2001 (2"The Rose Sheet" Sept. 18, 2000, p. 10)