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Home > Company Index > Retail > Drug, Health & Beauty Product Retailing > Synergy Brands, Inc.
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Synergy Brands, Inc. |
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NEWS FROM THE STANDARD |
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BeautyBuys.com's 30 Seconds of Fame
Mar 09 2000 12:00 AM PST
PROFILE |
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Once only a small regional wholesaler, Synergy Brands now looks to the Internet for its future. DealByNet.com, its biggest -- and most profitable -- subsidiary, is an electronic commerce network providing logistical, financial, and merchandising assistance to businesses, primarily in the grocery industry. Other subsidiaries include BeautyBuys.com (beauty care products) and NetCigar.com (cigars, accessories, gifts); two distribution centers (for cigar and beauty products) also fill Web orders. Chairman and CEO Mair Faibish holds nearly 30% of Synergy Brands' voting power. Sinclair Broadcast Group acquired a 50% interest in BeautyBuys.com in exchange for media access; Sinclair also owns 17% of Synergy Brands.
COMPETITION |
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800-JR Cigar, Inc. (dossier)
VerticalNet, Inc. (VERT)
drugstore.com, inc. (DSCM)
DEALS |
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Deal: Theglobe.com Partners With Synergy Brands
Date Announced: 02.02.99
Value of transaction (US $Mil): 0
Description: Theglobe.com signs agreement to include Synergy's BeautyBuys.com as exclusive online beauty store in its marketplace section.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 20.70
1-Yr. Sales Growth: 56.8%
Employees: 26
Revenue per employee: $796,153.85
KEY PEOPLE |
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Mair Faibish
CEO
Mitchell Gerstein
CFO
CONTACT INFO |
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40 Underhill Blvd.
Syosset, NY 11791
US
Phone: 516-682-1980
Fax: 516-682-1990
Online: Web Site
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