Estate of Paul Mitchell, Deceased, Patrick T. Fujieki, Executor - Page 4

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          Other Crimpers Salons subsequently opened in Boston, Chicago,               
          Dallas, and Philadelphia.  In 1971, Mr. Mitchell sold his share in          
          Crimpers and spent a year away from the hair styling industry.              
               In 1972, Mr. Mitchell returned to the hair styling industry,           
          opening the Superhair Salon in New York City, a high-fashion salon          
          and cutting school.  Several years later, he moved to Hawaii.  His          
          reputation as a master stylist continued, and he was invited to             
          perform as a guest platform artist at professional beauty shows             
          throughout the United States.                                               
               While demonstrating his techniques at professional beauty              
          shows, Mr. Mitchell developed the "sculpted look" of hair styling.          
          This new look started with an excellent cut.  A product was                 
          introduced by Mr. Mitchell that gave the cut greater versatility,           
          permitting the setting of hair without rollers or a curling iron.           
          Mr. Mitchell's product, called "liquid styling tool", was a gel-            
          like liquid that set hair in the shape into which it was combed.            
          Mr. Mitchell's product line was marketed in orange and white                
          bottles and sold only at the hair shows where Mr. Mitchell                  
          demonstrated his hair styling techniques.  Mr. Mitchell's initial           
          efforts to market his product line proved unsuccessful.                     
          C.  The Hair Care Industry                                                  
               The hair care products industry is segmented by distribution           
          channels.  "Mass market" products are sold directly to consumers            
          through major retail outlets, such as supermarkets, drugstores, and         





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