Beauty Tips

All the latest news and tips to keep you updates , beautiful and chic...

Tuesday, December 26, 2006

Sally Beauty Holdings (SBH) Announces Changes in Distribution ...

Sally Beauty Holdings, Inc. (NYSE: SBH) today furnished a Form 8-K with Item 7.01 Regulation FD Disclosure, including Exhibit 99.1 for Investor Questions and Answers, regarding a change in distribution rights between the Company's subsidiary, Beauty Systems Group LLC, and L'Oreal USA Professional Products Division. On December 19, 2006, Sally Beauty Holdings, Inc. announced that its Beauty Systems Group LLC subsidiary, other than its Armstrong-McCall division ("BSG"), will not retain its rights to distribute the professional products of the Professional Products Division of L'Oreal USA S/D, Inc. through its distributor sales consultants (effective January 30, 2007, with exclusivity ending December 31, 2006) or in its stores on an exclusive basis in those geographic areas within the U.S. in which BSG currently has distribution rights, and BSG's Armstrong McCall division will not retain the rights to distribute Redken professional products through distributor sales consultants or its stores.

Read More

   

0 Comments:

Post a Comment

<< Home