Well they did renew, but market reaction didn't seem positive. 8K maybe this had something to do with it.
snip> eliminates hair salons and distributors to hair salons from the Company’s distribution channels for all products it distributes for Church & Dwight.
>On August 22, 2016, Scott’s Liquid Gold-Inc., a Colorado corporation (the “Company”), through its wholly owned subsidiary, Neoteric Cosmetics, Inc., entered into an amendment to its distribution agreement with Church & Dwight Co., Inc. (the “Amendment”). The Amendment extends the term of the existing distribution agreement through December 31, 2017, which will be extended automatically for additional one-year terms, unless terminated by either party 180 days prior to the end of the relevant term. Among other things, the Amendment adds Toppik products, a line of hair care, color and styling products, to the portfolio of brands the Company will distribute through the specialty retailer channel and effective January 1, 2017, eliminates hair salons and distributors to hair salons from the Company’s distribution channels for all products it distributes for Church & Dwight. |
