Perfumania spikes as Nussdorf family weighs options
- BySeeking Alpha
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Perfumania Holdings, Inc., through its subsidiaries, operates as a specialty retailer and distributor of fragrances and related beauty products in the United States. It operates in two segments, Retail and Wholesale. The company distributes designer fragrances to mass market retailers, drug and other chain stores, retail wholesale clubs, traditional wholesalers, and other distributors. It also owns and licenses designer and other fragrance brands; and manufactures bath and body products under the Jerome Privee brand name for sale in its retail stores. In addition, the company retail and distributes a range of brand name and designer fragrances for women, men, and children. Further, it sells fragrances in retail stores on a consignment basis; and operates as an Internet retailer of fragrances and other specialty items through Perfumania.com. As of July 31, 2017, the company operated a chain of 230 retail stores, as well as a company-owned Website that specialize in the sale of fragrances and related products in the United States, Puerto Rico, and the United States Virgin Islands. It also sells its products in approximately 80 countries through a network of international distributors. The company is based in Bellport, New York. Perfumania Holdings, Inc. operates as a subsidiary of MJA Beauty, LLC.