The year wasn’t over yet. Before 1975 ended, Continental Hair Products would form Continental Conair Limited (CCL) in Hong Kong. This subsidiary became the buying arm and trading company of Conair in Asia, providing quality control, overseeing engineering, and eventually establishing its own R&D department. Today CCL provides private label selections to its customers and is one of Conair’s China headquarters. Lee Rizzuto’s vision was always 20/20. CCL was destined to be one of the most vital arms of what was about to become Conair Corporation. Today the Far East operation is a critical part of the success of Conair.
the new York stock exchange
What’s in a Name?
As big as the haircare industry was, it wasn’t big enough or diverse enough for a visionary like Lee Rizzuto. The name, Continental Hair Products, was too confining. He had already expanded into the consumer haircare market, but Lee wanted to be on the cutting edge of more than just hair. The company needed a name that would work for wherever it was going! Perhaps he already had his eye on The Big Board. A strong, six-letter name would play well on the New York Stock Exchange. And keeping “air” in the name would preserve a bit of the company’s blow-dryer heritage. And so it was, in 1976, Continental Hair Products became CONAIR.
In 1983, with sales at $164 million, Conair Corporation began trading on the New York Stock Exchange.