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In 1994, Home Interiors and Gifts was sold to the investment firm of Hicks, Muse, Tate & Furst in a $1 billion leveraged buyout. [1] [8] The company sold more than $850 million annually in silk and polyester flower arrangements, porcelain puppies and other decorative household items at home parties.
Atlas Axillia eventually made a decision to establish a strategic alliance with Hemas Holdings in order to diversify and expand the international market operations. [5] Despite the company's acquisition by a large conglomerate in the caliber of Hemas Holdings, Atlas Axillia continued to operate independently while being a subsidiary of Hemas ...
Wicks 'N' Sticks began in Houston in 1968, and by 1971 had grown to 18 locations in 11 states. [1] The store offered a range of 23 different scented candles, hand-carved candles from Germany, and hand-carved wooden candle holders from Spain. [1] By 1988, the chain had grown to a total of 305 stores, a large number of them franchised. [2]
Henkel Corporation, doing business as Henkel North American Consumer Goods and formerly The Dial Corporation, is an American company based in Stamford, Connecticut. [2] [3] [4] It is a manufacturer of personal care and household cleaning products and is a subsidiary of multinational company Henkel AG & Co. KGaA (Henkel Consumer Goods Inc.).
Thompson took an interest in the pair's wick-less candle company and a few months later, he and his wife Heidi Thompson purchased the company from Egan and Gunnell. [6] [7] [8] The Thompsons moved the company's headquarters to Meridian, Idaho, and on July 1, 2004, they relaunched Scentsy using a multi-level marketing distribution model. [6] [9 ...
On September 25, 2002, the agreement to purchase Soap and all of its assets from the recently bankrupted company In-Stride was signed by Heelys CEO, Mike Staffaroni. Plans for a large line of new models were immediately set, and were released in 2003. Many of Heelys' signature colorways and styles can be seen incorporated into the newest Soap ...
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