Playtex Realignment Expected To Yield Savings Of $22 Mil.-$24 Mil.
This article was originally published in The Rose Sheet
Executive Summary
Playtex expects to generate cost savings of $12 mil.-$14 mil. in 2005 from a business realignment, with fully annualized savings of $22 mil.-$24 mil. to be realized in 2006, the company reported Feb. 8. The cash generated from the realignment will be used to reinvest in brands and pay down debt
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