Clairol brands for sale
This article was originally published in The Rose Sheet
Executive Summary
Procter & Gamble considering divestiture of some smaller Clairol businesses, which account for combined sales of approximately $30 mil., according to the firm. On the block are North American marketing rights to Sea Breeze facial cleansers and astringents. The brand is owned by Shiseido, which markets facial, body and hair care products under the Sea Breeze name in Japan. P&G also soliciting offers for smaller brands including Ammens talcum powders, Condition 3-in-1 hair styling products and Vitapointe grooming crème. If suitable buyers cannot be found, P&G will maintain the businesses, company says. P&G's acquisition of Clairol from Bristol-Myers Squibb was completed in November...
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