Parlux Fragrances has been warned that it will be delisted from the
Nasdaq index because of non-compliance with stock exchange
requirements. The news comes as the company attempts to sell off
some of its fragrance brands.
Fragrance player Parlux Fragrances has delayed the filing of its
first quarter results following its planned share flotation, but
has warned of a big dip in its sales for the period sending share
prices falling.
