Archives for February 21, 2006

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Parlux chief cashes in on share success

By  Simon Pitman

The CEO of Parlux has capitalized on the recent success of the company he heads by cashing in on shares he owned indirectly in the business, gaining a cool $11.67 million in the process.

Revlon ups credit line as part of restructuring

By  Simon Pitman

Global cosmetics players Revlon has announced a series of amendments to its financial operations as part of its plans to restructure the company and recover after spending most of 2005 in the red.