“This company is awesome! Our industry needs more distributors like them. The beauty professionals greatly benefit from Raylon.” ~ Geno Stampora, Industry Speaker
1/4/16 – Raylon sells certain key assets to L’Oreal
L’Oréal USA, the largest subsidiary of L’Oréal S.A., the world’s leading beauty company, today announced the signing of an agreement to acquire key assets from Raylon Corporation, a full-service, family-owned wholesale distributor headquartered in Reading, Pennsylvania. The acquisition will expand SalonCentric’s distribution coverage of salon professional products within Pennsylvania, New Jersey, Delaware, and portions of Maryland, West Virginia and New York. Additionally, this agreement enables the Hafetz family, under the leadership of Howard and Josh Hafetz, to continue serving salon professionals with select brands in Pennsylvania, New Jersey, Delaware and New York under a new name, Art of Business. These brands will be specific to Art of Business and will be different from SalonCentric’s brand catalog.