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Wella

Executive Summary

Fragrance & Cosmetics sales jump 34% to $314.6 mil. ([Euro]367 mil.) for the first nine months due to launches of Gucci Rush, Dream by Anna Sui and Naomagic by Naomi Campbell, the company says Nov. 15. Wella brand sales rose 18.8% to $1.2 bil. ([Euro]1.4 bil.) as a result of above-average growth in hair color. Consolidated net income grew 35% to $43.7 mil. ([Euro]51 mil.) for the first nine months. Sales for the year are expected to increase 15%-20% and will reflect company's new organizational structure. Effective Sept. 1, Wella business operations were divided into three divisions: Professional, Retail and Fragrances & Cosmetics
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