Beauticontrol Going Out of Business 2017

Network Marketing Forum
Post Reply
admin
Site Admin
Posts: 5
Joined: Tue Apr 18, 2017 3:50 am

Beauticontrol Going Out of Business 2017

Post by admin » Mon Jul 24, 2017 8:22 pm

BREAKING NEWS:

REUTERS

BRIEF-Tupperware Brands says will wind down Beauticontrol unit

Jul. 20, 2017, 12:58


July 20 (Reuters) - Tupperware Brands Corp:

* After being unable to find buyer for its Beauticontrol unit, it will wind down the business over approximately next 60 to 90 days

* Estimates that net cost of executing wind down will be $20.0 million, of which about half will be in cash - SEC filing

* Portion of net cost of executing wind down will be recorded in Q2 2017 results Source text: (http://bit.ly/2tu4czG) Further company coverage:




MORE INFO:

BeautiControl, Inc. - The Official Website: http://www.beauticontrol.com

Post Reply

Who is online

Users browsing this forum: addidgepe, Aninsfum, EnroroOnew, HeakWago, Kafataf, Umbrakma, wommosump and 2 guests