Michael Rosenberg, the president of the distribution subsidiary, predicted that record sales to adults would rebound, possibly soon.
It also bought 50 percent of Ellipse International, a distribution subsidiary of the production company.
The group directly manages 236 Longchamp Boutiques through 18 distribution subsidiaries.
In 2010 all the manufacturing plants were sold to ATB, so that only the motors distribution subsidiaries remained.
And Little, Brown recently formed a sales and distribution subsidiary in London.
The rising success of the company as the new century dawned permitted the opening of a distribution subsidiary in Chicago, Illinois.
The company opened a distribution subsidiary and new branches in Europe, which, besides parts, also offered technical services.
It has two distribution subsidiaries in France and Spain, that has distributed over 230 million bottles in 120 countries.
It also recently formed a sales and distribution subsidiary in London.
In recent years, such production companies as the Lorimar-Telepictures Corporation have begun distribution subsidiaries to sell their shows to independent television stations.