Breaking News

PartyLite Maintaining Business at Blyth

August 1, 2014

Company sales are down, but candle business is moving along.

Blyth, Inc. reported net sales for the second quarter of 2014 ended June 30, 2014 decreased approximately 25% to $157.8 million.
 
Commenting on the second quarter results, Chief Executive Officer Robert B. Goergen, Jr., noted, "Our second quarter results were affected mainly by ViSalus's decline in North American promoters versus the prior year.  ViSalus management is focusing on rebuilding the North American market through leadership development programs while right-sizing the cost structure in North America to regain profitability, as well as building their international business. In the 2nd quarter, ViSalus continued its geographic expansion initiatives, opening in Ireland, with two additional markets planned to open this year and an additional seven markets in 2015."
 
Goergen added further that, "PartyLite, has done an excellent job of managing costs, as second quarter profits are only slightly below last year despite a 6% reported sales decline.  They continue to focus on a multi-channel strategy, and our investments in technology are helping PartyLite consultants grow their businesses through ecommerce and improved shipping methods.  PartyLite introduced the 2014 holiday catalog to North American consultants at its annual conference in late July with great success.  This year's catalog includes an exclusive line of products designed in collaboration with Jonathan Adler, the iconic potter-turned-home furnishings designer, as well as new fragrances in our popular PartyLite's SmartScents and Brighter World candles.  Based on the enthusiastic response of our Leaders and consultants during this rollout, we expect these products to drive worldwide sales for the remainder of the year."
 
Goergen continued, "At Silver Star Brands, sales of our health, wellness and beauty products continue to be strong, enjoying double digit growth year-over-year, and its credit program continues to drive both sales and brand loyalty."
 
 
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017