1/5/2023 0 Comments Artmatic discontinued products![]() ![]() That resulted in a 10 percent staff reduction and other cost-cutting strategies. Earlier this year, AM tapped Boston consulting firm DRG Group for help with the turnaround plan. Our bottom-line profits have never been higher and that is a turnaround.”Īlong with Zimmerman’s expertise, AM has had help along the way in reaching a healthier bottom line. “Without question, 2001 is a banner year for us. Retail sales for 2000 are estimated at $260 million.Īlthough acknowledging a decline in retail sales, he said he’d prefer “fewer sales and more profit than more sales and less profit” and added that the company had been operating at a loss last year. ![]() Saying it is a private company, Heit declined to divulge yearend sales projections, but said 2001 would be the most profitable year in the history of the firm. I’m looking forward to getting back into advertising and marketing.” “Right now, the company is healthier and has more cash than ever. In an interview with WWD, Zimmerman said he had reached his goal set three years ago of “fixing” AM. Other AM brands include Lord & Berry, Jonel, Tropez and Black Radiance. The portfolio included several brands that competed head-to-head such as Wet ‘n’ Wild and Artmatic. AM is owned by a group of banks led by Credit Agricole Indosuez, private investors and management. Zimmerman, a former executive with L’Oreal and Revlon, had a three-year contract to help fortify AM Cosmetics, a company that was put together via a patchwork of acquisitions. Heit has been with AM Cosmetics and a firm it acquired, Pavion, for 15 years. AM is searching for a permanent president and ceo. Stephen Heit, the company’s chief financial officer, has been named acting president. NEW YORK - After helping AM Cosmetics establish identities for its myriad brands and restoring the firm to profitability, Arnold (Arne) Zimmerman will step down from his position as president and chief executive at the end of the year. Plunder Bracelet Cuff Green Olive Bangle Arthur Discontinued RetiredPlunder Bracelet Cuff Green Olive Bangle Arthur.Byline: Faye Brookman / With contributions from Laura Klepacki The Discs Have Been Checked For Play-ability. Many Are Usedprevious Rentals And Have Wear On Disc Surfaces Andor Stickers On Covers, Inserts Or Discs. Most Of These Movies Are In Very Good Condition. Out Of Print, Obscure And Discontinued Dvd's 2. Pop! Funko Aquaman Arthur Curry As Gladiator #244 Vinyl Figurine ~ 2018. Research Colors And Swatches Before Buying. Not Responsible For Photo Color Accuracy. American Apparel Nail Polish - Rare, Discontinued ColorsDiscontinued Colors, Choose Color From List. 100% Cotton Sold By Fq(fat Quarter)More Quantity Available, Fabric Will Be Cut In One Continue Piece. New Rare Discontinued Marc Brown Arthur D.w. Beautiful-hand Blown Glass-discontinued-1991-1994. Panel Stem With Etched Gorham Mark On Under Side Of Base. Great Addition To Your Gorham Crystal-king Arthur Collection. Vintage Gorham Crystal King Arthur Iced Tea Goblet Blown Glass Discontinued-vguc. Creamer & Open Sugar Bowl By Arthur Wood~ Brown Marbled Body With Blue Bands~. Artmatic Perfumed Dusting Powder 5 Oz Made In Usa. ![]() Arthur Court Designs Glass Bowl With 4 Aluminum Dragonflies Around The Outside Top. Arthur Court Designs 10” Glass Bowl With Dragonfly Accents - DiscontinuedArthur Court Designs Glass Bowl With Dragonfly Accents. Thomas & Friends Arthur Takara Tomy Plarail Trackmaster Compatible Discontinued Important Notices. May Have Been Built From A Kit, Good Detailing, Well Painted, Unusual Model. This Model Is In A Perspex Display Case, We Have Noticed That 1 Spring Is Loose And Is Rattling About In The Display Case, The Car Is Fixed To The Base. Discontinued Arthur InformationMerrymeet Models, Scale Model Of The 1969 / 1971 Arthur Mallock U2 Mk9. ![]()
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