Parlux Fragrances sales were down down 63 percent in 2006. Angry investors in the Fort Lauderdale perfume business smelled failure because of sagging sales and the late filing of a financial report. A shareholder lawsuit has been filed, and one major investor has asked regulators to dump the entire board.
Parlux manufacters and distributes the Paris Hilton and Guess fragrances, among others.
Tuesday, January 2, 2007
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