Eugene Melnyk Acquires Fusion Brands Inc. and Fusion Brands International
Fusion Brands Inc. announced today the retirement of Randi Shinder who has served as the company's chief executive officer for the past eight years.
Shinder's retirement also includes a decision to sell her remaining equity in the company. Majority shareholder, Eugene Melnyk, has agreed to acquire Shinder's remaining stake in the company for an undisclosed amount, making him the sole owner of Fusion Brands Inc. and Fusion Brands International. Mr. Melnyk acquired a 55% interest in Fusion Brands Inc. and Fusion Brands International in August 2006. Fusion Brands is responsible for the research and development, manufacturing, sales and marketing of the FusionBeauty(R) and CLEAN(R) product lines.
The company also announced it is in the process of appointing a new chief executive officer and expects to make an imminent announcement on Shinder's successor.
"After eight memorable years as founder and CEO of Fusion Brands Inc., I have decided to sell my remaining equity and take a well deserved break to spend more time with my family," said Shinder. "This was a deeply personal decision that took months of contemplation. One of the hardest aspects of my decision was knowing I will be leaving a great team at Fusion
Brands, as well as so many supportive industry colleagues that have been integral to my success."
"Randi is an exceptional entrepreneur who took Fusion Brands from a concept and in less than a decade transformed it into an industry leader," said Melnyk. "On behalf of the entire team at Fusions Brands, I want to thank Randi for her leadership and congratulate her on the many corporate achievements and industry awards that are a true reflection of her personal drive, determination and creativity."
Since creating the award winning and celebrity favorite LipFusion(R) Micro-Injected Collagen Lip Plump in 2005, FusionBeauty(R) continues to build on a strong foundation of innovation and advanced science. FusionBeauty(R) fuses breakthrough advances in dermatology, cosmetics and biological anti-aging sciences. The company's diverse and powerfully branded product line also includes LashFusion(R), LiftFusion(R), GlowFusion(R) and PureFusion(R) and is available in over 40 countries worldwide. The effectiveness, innovation, and broad consumer appeal of FusionBeauty(R) products has earned the company various industry honors including CEW Awards, the Good Housekeeping Seal and support from a long list of celebrities. For more information, please visit
CLEAN(R) Original Perfume was successfully launched in 2003 and quickly became the number one selling independent scent. CLEAN is the original fragrance line with a soapy-shower fresh scent that has a unique fragrance reminiscent of pure soap. With impressive sales growth and widening distribution, the CLEAN line has expanded to include bath and body products for men and women as well as home fragrance line. For more information, please visit http://www.cleanperfume.com.
Spread The Word
- Legendary SwimShow Makes a Splash With 2013 Expansion Plans
- NXT Winter Fashion Show
- WIN FREE SHOES FOR A YEAR!
- Back to Mule School
- New Year, New Style: How to Change Your Style This Year
- Up to 50-70% off Island Girl Fashion Summer SALE
- Why wristbands are great for your everyday style
- Sharon Silfen’s e-commerce accessory boutique, SadeeSays.com, announces Cece Feinberg Public Relations as Agency of Record
- Middle East Islamic & Arabian fashion is attracting more than 25 million Muslims women’s around the globe
- OEM UHF Gen 2 Tag for widespread RFID Applications
- Major brands to attend Mudpie AW 12/13 Trend Seminar at LCF – 9 June.
- WORLD’S #1 SWIMWEAR TRADE SHOW RETURNS TO MIAMI BEACH THIS SUMMER WITH MORE DAZZLING DESIGNERS AND MORE SIZZLING STYLES THAN EVER!
- About Chicken Feather Fiber and its Potential Applications
- New Active and Print and Pattern Trend books released for Autumn/Winter 12-13 – available now...
- Time of Renaissance Costumes Fashion
- Online Shopping of Renaissance Clothing
- Platform Ankle Boots
- 15th Century Medieval Clothing
- Matching Custom Labels, Zipper Pulls and Hang Tags
- Latest Children’s Fashion Trends Fall Winter 2010
- Evolution of Fashion
- Flirt with the sun in sun dresses
- Stylish Choices In Kitten Heels That Make Style Comfortable With Minimal Lift
- Look glamorous in a scintillating AKA dress
- How to choose the right pro skate shoes
- Stylish Choices In Therapeutic Shoes That Will Keep Your Orthotic Issues At Bay
- Stylish Options In Boy Short Panties That Will Serve Multiple Purposes And Won't Break The Bank
- Carry your business bags in style
- Show your passion for the game in a soccer jersey
- Show Your Love Of Soccer And Holland With Holland Soccer Jerseys!
- Affordable vintage soccer jersey tops
- Trendy wedding handbags
- Beautiful Looks In Plus Size Teddies That Will Flatter Your Beautiful Figure
- Your Guide to Mother Bride Dresses Brands and Styles
- Wonderful Looks In Corsets Plus Size That Will Serve Functional Or Fun Purposes
- Bigger is Not Better With a Wristlet
- Men Love to Wear Vans Shoes
- Best Picks in Ballet Shoes
- An ivory bridal purse is elegant and classy
- Wonderful and Versatile Ballet Slippers That You Can Wear Again and Again
- With A Retro Watch, Look Ahead While Looking Back
- Stylish Choices For Every Woman In A Brown Peep Toe
- Lovely Choices In Plus Size Intimate Apparel That Will Be Your Staple For Sleepwear Choices During Any Season
- Kick It Up A Notch With Puma Shoes
- How to Look Fabulous in Formal Bridesmaid Dresses
- Get the Best Formal Mother of the Groom Dresses at Really Great Bargains
- Choosing The Types of Champagne Bridesmaid Dresses
- Approaching Your Big Day in Elegance with Awe Inspiring Bridesmaid Necklaces
- Stylish Summer Shoes for Shoe Lovers
- Wedding handbags make the biggest impression in your wedding ceremony
- Take your style to a new level with a pendant watch
- Mens Designer Suits Are Always The Right Choice
- Maternity Clothes Can Be Flattering and Comfortable All At Once
- Miraclebody Jeans Launches a Search for “Women Who Shape our Lives”
- Sophisticated, Skimpy, and Sexy Are Just A Few Words To Describe These String Bikinis!
- Amazing Styles In Business Suits That Will Give You The Confidence To Impress Your Clients!
- These Cavalli Jeans Will Show Off Your Stylish and Fashion Forward Sensibilities!
- Women's Ed Hardy - Love Kills Slowly
- These Mens Carhartt Jackets Will Withstand Continued Wear And Abuse Without Ever Letting You Down!
- Big Girl Cosmetics Celebrates 5 Years of Business
- Charm Your Valentine With 18 Gold Bracelets
- Beautiful Designs in Sleek Leather Driving Gloves Will Keep Your Hands Warm and Dry
- These Bare Traps Shoes Will Carry You Through Multiple Seasons With Effortless Style!
- A Luxurious Leather Bag For Any Season Is A Wise Investment!
- Become a life-long fan with womens patent leather shoes
- Waterproof shoes-ever thought of it?
- How to Ride in Style with Mens Western Belts
- Creating Candy Shoes
- Stylish Rain Hats That Keep You Dry
- Beautiful Choices in Swoonworthy Chiffon Dresses
- Technically Designed Gloves That Will Keep You Warm No Matter Your Activity!
- Cheap Sunglasses Make Cents
- A BCBG Max Azria Dress that Make You Stand Out from the Rest
- Nothing is Cooler than a Tank Dress
- The Best Evening Dress For You
- HBA Global Expo & Conference : September 28-30, 2010 in New York
- Shopping for Evening Sandals
- Guide to Men's Sunglasses
- Neckwear for Men: The Perfect Tie
- Challenges facing the fashion blogosphere
- Wool Dress for the Winter Months
- Always Looking Good in a Casual Dress
- Snuggle Up with the Latest in Womens Winter Boots
- Sexy And Stylish White Leather Boots
- Hot Looks In Basketball Shoes Will Help You Outperform Your Opponent!
- Cowboy Boots That Will Boldly Show Off Your Love Of The Wild West!
- Bringing Sexy Back With These Fab Corsets
- Why You Should Own a Pair of Gold Pumps
- Popular styles in a tote
- Hot trends in Women's fashion sneakers
- Top picks in Leather slippers
- Popular Styles In Classic Men's Dress Shoes
- How To Find The Best Navy Leather Shoes
- Top picks in open toe high heel shoes
- Winter Must Have: Men's Dress Boot
- Top Trends in Dolce and Gabbana Sunglasses for Men and Women
- Classic Fedoras for Classically Chivalrous Looks!
- Have Fun In Oakley Sun Glasses
- Dos and Don'ts for Men's Black Leather Belts
- Temptu Air (TM), a Portable Compressor for the Professional Makeup Industry, Designed by SnS Design
- Mens Fashion - How New Hot Accessories are Giving a Modern Appeal