Breaking News

Parlux Posts Rise in Sales

November 30, -0001

Paris and Jessica can still count fragrance as successful endeavors, according to the most recent financial report from Parlux. For the third quarter ended Dec. 31, 2008, net sales increased 6% to $47.3 million. Operating income rose 42% to $31.1 million, according to the company.

For the nine-months ended Dec. 31, 2008, net sales jumped 9% to $123 million. Operating income increased 43% to $73.2 million.

Neil Katz, company chairman and chief executive officer, said, “Strategically, our focus on strengthening our position in U.S. department stores has been a success. The strategy has been expensive financially, with committed advertising investments that could not be reduced in a retail environment that plummeted in late 2008. Additionally, the global economic turmoil, compounded with a volatile U.S. dollar, negatively impacted our international sales.”
  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Organic Matter

    Organic Matter

    Christine Esposito, Associate Editor||November 14, 2016
    FTC and USDA hold a public roundtable to discuss consumers’ perception of organic claims.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna , Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.