07.02.14
Greenwich, CT
203.661.1926
www.blyth.com
Sales: $390 million for candles and home décor products. Corporate sales: $885 million. Net income: $2 million.
Key Personnel: Robert B. Goergen, chairman; Robert B. Goergen Jr., chief executive officer and president, PartyLite Worldwide; Robert H. Barghaus, vice president and chief financial officer.
Major Products: Home fragrance—PartyLite, Easy Comforts, Colonial Candle. Personal care—As We Change, Easy Comforts, ViSalus Sciences, Walter Drake.
New Products: New fragrances include Costa Rican Fruta Dorada, Hawaiian Hibiscus, Indian Blue Lotus & Ginger and Lavender Flower.
Comments: Corporate sales fell 25% last year. The company’s candle business did a bit better, with sales falling 6%, due a 17% decline in North American sales that was blamed on a drop in active representatives. European sales fell 2%, but the company noted that sales in Australia and Finland were good, while sales in Australia jumped 27%.
For the first quarter of 2014, corporate sales fell more than 24% to $175 million and candle and home décor sales fell 11% to $80 million.
In May, Blyth announced that CFO Robert H. Barghaus will retire later this year. His replacement is Jane F. Casey, an 18-year veteran with the company. The company also promoted Joan M. Connor to president, PartyLite North America.
203.661.1926
www.blyth.com
Sales: $390 million for candles and home décor products. Corporate sales: $885 million. Net income: $2 million.
Key Personnel: Robert B. Goergen, chairman; Robert B. Goergen Jr., chief executive officer and president, PartyLite Worldwide; Robert H. Barghaus, vice president and chief financial officer.
Major Products: Home fragrance—PartyLite, Easy Comforts, Colonial Candle. Personal care—As We Change, Easy Comforts, ViSalus Sciences, Walter Drake.
New Products: New fragrances include Costa Rican Fruta Dorada, Hawaiian Hibiscus, Indian Blue Lotus & Ginger and Lavender Flower.
Comments: Corporate sales fell 25% last year. The company’s candle business did a bit better, with sales falling 6%, due a 17% decline in North American sales that was blamed on a drop in active representatives. European sales fell 2%, but the company noted that sales in Australia and Finland were good, while sales in Australia jumped 27%.
For the first quarter of 2014, corporate sales fell more than 24% to $175 million and candle and home décor sales fell 11% to $80 million.
In May, Blyth announced that CFO Robert H. Barghaus will retire later this year. His replacement is Jane F. Casey, an 18-year veteran with the company. The company also promoted Joan M. Connor to president, PartyLite North America.