Fred Segal Beauty shuts its doors
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Fred Segal Beauty -- the swanky salon, spa and beauty supply store in Santa Monica -- is closing its doors after 16 years. WWD reports this morning that underlying its demise is a breach-of-contract lawsuit filed against Fred Segal and his son, Michael, by the business’ co-founders and licensees, Michael Baruch and Paul DéArmas:
‘The suit alleges that Fred and Michael Segal rebuffed plans by Baruch and DéArmas to open a second space adjacent to the Fred Segal location on Melrose Avenue and to establish a branded product line, after initial assurances they could proceed.’
An e-mail to the Fred Segal empire seeking comment has yet to be returned.
Such a shame to see the iconic salon and beauty outpost fall. I have to believe the ailing economy didn’t make the decision much easier. Jeesh.
-- Emili Vesilind