Packard Joins Pure Lip's Advisory Board
Posted Thursday, February 24, 2000 - 18:15 by BeautyCare.com
Packard Joins Pure Lip's Advisory Board
Online Lipcare Company Taps Experienced Health-Products
Leader
LOS ANGELES, CA - February 24, 2000 (INB) -- Pure Lip, Inc.
http://www.purelip.com today announced the appointment of
Brian K. Packard to its Advisory Board. An experienced
leader in consumer and professional healthcare, Packard has
managed top brands in prescription and over-the-counter
drugs, medical devices and health services at several of the
world's leading pharmaceutical and consumer-health products
companies.
Comprised of industry experts, the Pure Lip Advisory Board
was formed to help optimize Pure Lip's business in such
areas as product development, distribution, and
disease/condition content at .
"Brian has a deep knowledge of healthcare, broad functional
experience, great vision for emerging health opportunities,
and an impressive track record," comments Pure Lip founder
Robert M. Moffitt. "The fit couldn't be better."
Packard currently manages the new Consumer Ventures business
within the healthcare group of a $40 billion diversified
U.S. technology company. Previously, he held brand
responsibility for the medical line of Braun ThermoScan at
The Gillette Company (NYSE: G). Prior to joining Gillette,
Packard was with the Bayer Corporation, managing the
consumer and medical marketing efforts of the Alka-Seltzer
and Alleve brands. Packard started his career in medical
sales with The Procter and Gamble Company (NYSE: PG).
"Pure Lip has a clear vision for providing state-of-the-art
technologies to the underdeveloped cold-sore category,"
comments Packard. "I look forward to helping them leverage
their innovative products and progressive business model
into category leadership."
About Pure Lip
Headquartered in Los Angeles, Pure Lip, Inc. creates,
manufactures and markets non-prescription lipcare aides.
Pure Lip uses comprehensive research, innovative
technologies and premium ingredients to provide effective,
all-natural, accessible and affordable solutions to specific
lipcare problems. Pure Lip, Inc. markets its products
directly to the consumer exclusively via the Internet at
.
Pure Lip's first product, Pure Lip Prevention with
ViraZincTM, offers a breakthrough for the 55 million
Americans who suffer from recurrent cold sores -- an
all-natural, preventative solution. Pure Lip Prevention
helps to prevent outbreaks by moisturizing the lips,
addressing undesired reactions shown to trigger outbreaks,
and providing a beneficial "pre-treatment" though its
proprietary ViraZinc ingredient.
Distributed by Internet News Bureau
Comments (18)
Revlon Signs Definitive Agreement for Sale of its Worldwide Professional Products Business with CVC Capital Partners and Carlos Colomer
Posted Wednesday, February 23, 2000 - 17:14 by BeautyCare.com
Revlon Signs Definitive Agreement for Sale of its Worldwide Professional
Products Business with CVC Capital Partners and Carlos Colomer
NEW YORK, Feb. 19 /PRNewswire/ -- Revlon, Inc. (NYSE: REV), CVC Capital
Partners and Carlos Colomer announced today that they have signed a definitive
agreement with a company formed by CVC Capital Partners, the Colomer family
and other investors, led by Carlos Colomer, the Chairman of Revlon
Professional Products Worldwide, to sell Revlon's worldwide professional
products business for $315 million, subject to certain closing adjustments,
plus $10 million in contingent consideration. Additionally, as part of the
transaction, Revlon entered into agreements pursuant to which the buyer will
distribute Revlon products in Spain and Portugal. The transaction, which is
subject to a number of conditions including the closing of financing and the
receipt of regulatory approvals, is expected to close by early March of 2000.
Mr. Colomer will be Chief Executive Officer of the new company, which will
conduct business as the Colomer Group and will be headquartered in Barcelona,
Spain.
The sale of Revlon Professional Products Worldwide will involve the
professional salon products, ethnic beauty products and Natural Honey skin
care businesses around the world, including in the U.S., Spain, Portugal,
Italy, France, Germany, Mexico, South Africa, Canada, Argentina, Korea, United
Kingdom, Benelux and Ireland. This includes manufacturing and other
facilities located in Jacksonville, Florida; Barcelona and Pla de Santa Maria,
Spain; Bologna, Italy; Queretaro, Mexico; Dublin, Ireland; Vista, California;
and Boulder, Colorado. The brands that will be sold include, American Crew,
Creative Nail Design, Natural Wonder, Equave, Sensor Perm, Interactives, Roux,
Realistic, African Pride, Creme of Nature, Henry Colomer, and Natural Honey,
and a license for Llongueras. As part of the transaction, the purchaser is
receiving a long-term worldwide license to use the "Revlon Professional,"
"Revlon Salon," "Revlon Salon and Spa," "Revlon Coiffure," "Revlon Realistic,"
and "Revlonissimo" trademarks among others for professional salon and ethnic
beauty products.
Approximately 1500 employees are affiliated with the businesses to be
sold, of which approximately 850 are located in the United States.
Substantially all of these employees will be transferring to the new company.
Carlos Colomer has spent his entire career in the professional beauty
business, joining Revlon in 1969 when Revlon purchased his family's company,
Henry Colomer S.A., which manufactured and sold salon products, principally in
Europe.
Mr. Hardy McLain, Managing Director of CVC, said, "I am delighted with our
involvement in this transaction. We are backing a strong management team led
by Carlos Colomer, who has impressed us as a first class international
businessman. We are acquiring a business with a solid financial structure and
a strong international brand with significant growth potential."
Mr. Colomer said, "I have enjoyed my involvement with Revlon over the
years and building a successful international business. I now look forward to
growing Revlon Professional further with the involvement of CVC Capital
Partners and the support of my family and my management partners. With this
deal, we are bringing back to the entrepreneurial industry of hairdressing
several great family businesses. I am sure the professional world will
welcome us back carrying the industry spirit, passion and creativity. For
more that 20 years my home and family has been Revlon and I have a deep
gratitude to many great friends that have helped me during all those
successful years."
Mr. Jeffrey M. Nugent, President and Chief Executive Officer, Revlon,
Inc., said, "Carlos Colomer is a superb businessman with deep experience in
the professional side of beauty. With the help of the talented and committed
employees at Professional Products, we have complete confidence in their
future success."
Forward-Looking Statements
Information in this press release which is not historical is
forward-looking and subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements include Revlon's
expectations and estimates about future events, including Revlon's expectation
that it will consummate the sale of its worldwide Professional Products
business in early March of 2000. Actual results may differ materially from
such forward looking statements for a number of reasons including
difficulties, delays or an inability to consummate the sale of the worldwide
Professional Products business.
Revlon is a worldwide cosmetics, skin care, fragrance, and personal care
products company. The Company's vision is to become the world's most dynamic
leader in global beauty and skin care. A web site featuring current product
and promotional information can be reached at http://www.revlon.com . Revlon brands
include Revlon(R), Almay(R), Ultima II(R), Charlie(R) and Flex(R), and they
are sold in approximately 175 countries and territories.
CVC Capital Partners is a leading independent private equity provider in
Europe with total funds under management in excess of USD 4 billion
(EURO 4 billion). CVC has offices in 10 European countries and has made
investments in more than 200 companies across Europe.
SOURCE Revlon, Inc.
Comments (25)
Candies.com and the MTVi group Announce Strategic Content Advertising and Promotional Agreement
Posted Wednesday, February 23, 2000 - 17:12 by BeautyCare.com
Promotional Agreement
Co-Branded Radio Player and Content Area To Debut On Candies.com
NEW YORK, Feb. 17 /PRNewswire/ -- Candies.com, a teen community site
operated by Candie's Inc., has announced a comprehensive content, advertising
and promotional agreement with The MTVi Group, the world's leading Internet
music content company featuring MTV.com, VH1.com and SonicNet.com.
Under the terms of the agreement, MTVi's SonicNet.com will develop
"Candies Radio", a customized player that will stream music from six different
stations featuring several genres of music and thousands of constantly updated
songs. In addition, MTV.com will create a new content area on Candies.com
featuring the popular MTV animated character Daria. The new section will
introduce an advice column where Candies.com users can ask Daria questions and
receive advice on love, life and fashion. The co-branded radio player and
Daria advice column are scheduled to launch in April.
According to David Conn, Vice President Marketing for Candie's Inc.,
"Candies.com is committed to becoming a destination for teens on the web. What
makes this alliance so exciting is that one of the leading media brands in the
world will be developing content for our website."
"We are excited to announce this partnership with Candies.com," said Peggy
Mansfield, senior vice president, advertising sales, The MTVi Group. "By
bringing SonicNet.com's expertise in streaming radio and MTV's branded content
to Candies.com, we will create an exciting combination of music, fashion, and
the Internet. We're looking forward to working with Candies.com to add value
to their interactive initiatives."
To leverage the new content features, Candies.com will sponsor online
several of MTV's popular properties including Spring Break, Daria, House of
Style, Total Request Live, Real World, Road Rules and Fashionably Loud. In
addition to the MTV.com sponsorship package, Candie's will advertise on
SonicNet.com with prominent placement in many of SonicNet.com' s channels as
well as on-line voice ads on "Radio SonicNet". Candie's advertising on
MTV.com and SonicNet.com will begin in March.
http://www.candies.com is a destination site for teens on the web
featuring content and community. Candie's, Inc., (Nasdaq: CAND), is a leading
designer and marketer of young women's footwear, apparel and accessories. The
company is engaged primarily in the design, marketing, and distribution of
footwear and handbags under the Candie's and Bongo trademarks within the
United States to department, specialty, chain, and seven company-owned
Candie's stores and to specialty stores internationally. Candie's also
arranges for the manufacture of footwear products for mass market and discount
retailers under the private label brand of the retailer or other trademarks
owned or licensed by Candie's. Additionally, the Candie's brand is licensed
to Liz Claiborne Inc. for the sale, manufacture and distribution of fragrances
and cosmetics.
About The MTVi Group
The MTVi Group is the world's leading Internet music content company
featuring a comprehensive collection of music destinations on the Internet.
The MTVi Group's 18 worldwide destinations include MTV.com, VH1.com, and
SonicNet.com. The MTVi Group is a unit of MTV Networks, which is owned by
Viacom Inc. (NYSE: VIA, VIA.B). Headquartered in downtown New York, The MTVi
Group has satellite offices in San Francisco, CA. Liberty Digital
(NYSE: LMG.A and LMG.B) holds a minority stake in The MTVi Group. For more
information please visit The MTVi Group corporate Web site
(http://www.mtvigroup.com)
Safe harbor statement under the private securities litigation reform act
of 1995. The statements which are not historical facts contained in this
press release are forward-looking statements that involve a number of known
and unknown risks, uncertainties and other factors all of which are difficult
or impossible to predict and many of which are beyond the control of the
Company, which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include, but are not limited to, uncertainty regarding continued
market acceptance of current products and the ability to successfully develop
and market new products particularly in light of rapidly changing fashion
trends, the impact of supply and manufacturing constraints or difficulties
relating to the Company's dependence on foreign manufacturers, uncertainties
relating to customer plans and commitments, competition, uncertainties
relating to economic conditions in the markets in which the Company operates,
the ability to hire and retain key personnel, the ability to obtain capital if
required, the risks of litigation, the risks of uncertainty of trademark
protection, Year 2000 compliance, the uncertainty of marketing and licensing
the trademarks acquired during fiscal 1999 and other risks detailed and in the
Company's Securities and Exchange Commission filings, and uncertainty
associated with the impact on the Company in relation to recent events
discussed in the Company's Form 10-K for fiscal 1999. The words "believe,"
"expect," "anticipate," "seek" and similar expressions identify
forward-looking statements. Readers are cautioned not to place undue reliance
on these forward looking statements, which speak only as of the date the
statement, was made.
SOURCE Candies.com
Comments (0)
L Oreal Hits the Road on National Tour to Educate and Inform Consumers on Skincare for Healthy Looking Skin at Any Age
Posted Wednesday, February 23, 2000 - 17:10 by BeautyCare.com
Consumers on Skincare for Healthy Looking Skin at Any Age
NEW YORK, Feb. 17 /PRNewswire/ -- The world's largest beauty company will
travel the U.S. to educate consumers about age-appropriate skincare with an
unprecedented program, "L'Oreal Skincare Expertise on Tour." The tour
kicks-off February 19 at the Northbrook Court Mall near Chicago and will
travel to a different U.S. city each weekend (Saturday and Sunday during mall
business hours) for 14 weeks, in a mall kiosk exhibit offering women
one-on-one complimentary skincare consultations and information from L'Oreal's
team of skincare experts.
On tour, skin aestheticians will provide personal skin analysis, care and
advice, samples and coupons. The tour is designed to educate women on
understanding which skincare regimens are best for their individual needs and
age, in order to maintain healthy skin through the years and maintain the
health and vibrancy of skin at any age.
According to Dr. Lydia Evans, a board-certified dermatologist and
Consulting Dermatologist to L'Oreal, many women in their teens and twenties do
not think about caring for or protecting their skin. "While young skin may be
trouble-free and resilient, women don't realize that continuous exposure to
the elements, like sun, wind and cold, will cause damage over time."
L'Oreal hopes to educate and encourage women to begin a lifelong habit of
thinking about and taking care of their skin. "Good skincare in this decade
prepares skin to be in better shape in the next decade," says Dr. Evans.
"It's important to establish good skincare habits that reflect skin's
condition at a given age. Whether in their 20's or 50's, women need to learn
to properly assess their skin, understand what products are appropriate, and
tailor a care regimen to meet their individual needs."
L'Oreal offers a unique portfolio of products including hair care, styling
and color, cosmetics and fragrances, and skincare brands in over 150
countries. Investing more of its sales than any other beauty company in
research and development, L'Oreal is committed to offering the latest in
technology and innovation. Over 2000 chemists take nearly 10 years of research
to develop L'Oreal products, and the company does not partake in animal
testing. The slogan "Because You're Worth It" has come to symbolize the
high-quality of L'Oreal's products and the pampering that its products impart
on consumers. With spokespeople like Andie MacDowell, Virginie LeDoyen, Dayle
Haddon, Vanessa Williams, and Claudia Schiffer, L'Oreal speaks to a variety of
women worldwide. For more information on the tour and these products,
consumers can visit http://www.lorealparis.com.
TOUR SCHEDULE
February 19, 20 Northbrook Court Mall Northbrook (Chicago), IL
February 26, 27 Mayfair Mall Wauwatosa (Milwaukee), WI
March 4, 5 Beachwood Place Beachwood (Cleveland), OH
March 11, 12 Natick Mall Natick (Boston), MA
March 18, 19 Tysons Corner Center McLean, VA
March 25, 26 Wal-Mart Orlando, FL
April 15, 16 Perimeter Mall Atlanta, GA
May 6, 7 Grapevine Mills Grapevine (Dallas/Fort Worth), TX
May 13, 14 Fiesta Mall Mesa (Phoenix), AZ
May 20, 21 Glendale Galleria Glendale (Los Angeles), CA
May 27, 28 Fashion Show Mall Las Vegas, NV
June 3, 4 Park Meadows Mall Littleton (Denver), CO
SOURCE L'Oreal
Comments (5)
Colgate-Palmolive Company Selects BoldFish to Provide Outbound E-mail Solutions
Posted Wednesday, February 23, 2000 - 17:08 by BeautyCare.com
Colgate-Palmolive Company Selects BoldFish to Provide Outbound E-Mail Solution
For Corporate Web Site
SANTA CLARA, Calif., Feb. 16 /PRNewswire/ -- BoldFish, Inc., a pioneer
developer of outbound e-mail solutions for enterprise marketing and customer
services, today announced that the Colgate-Palmolive Company (NYSE: CL) has
selected Boldfish's powerful outbound e-mail technology to enable their
corporate Web site for high-volume and high-speed message delivery.
"We have worked with our marketing group at Agency.com to find a solution
to quickly communicate with our customers and investors very reliably and with
highly personalized messages," said Mary Beth O'Donnell, Director e.Business
of Colgate-Palmolive Company. "BoldFish was selected for its scalability and
speed. When fully implemented and integrated with our corporate Web site we
expect to be able to accelerate marketing and customer service communication,
supported by reliable email delivery for hundreds of thousands of email
recipients. This is the communication speed that eBusiness demands."
BoldFish provides enterprise-scale outbound email marketing and customer
service software that delivers high-speed, high-volume personalized messages
to customers. The system integrates seamlessly with an organization's Web site
and IT infrastructure to enable efficient and cost-effective delivery of
hundreds of thousands of emails in hours. BoldFish also provides automated
management of bounced messages such as "auto-reply" and "server down" so that
incoming email servers are not flooded and the integrity of the database of
users is preserved.
"We are very excited to have BoldFish selected by Colgate for outbound
email distribution. The product's high-volume and personalization capabilities
were designed specifically for such an enterprise ebusiness customer," said
Barbara Tallent, Vice President of Marketing for BoldFish. "The marketing
communication, as well as investor relations and other customer relationships
are well served by email that is personal and timely. We are pleased to
provide a software solution designed to meet those needs."
Colgate-Palmolive is a leading global consumer products company tightly
focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and
Pet Nutrition. In the U.S., Colgate sells its quality products under such
nationally recognized brand names as Colgate, Palmolive, Mennen, Ajax, Irish
Spring, Softsoap, Murphy Oil Soap, Ultra Brite and Fab, as well as Hill's
Science Diet and Hill's Prescription Diet pet foods.
About BoldFish
Started in 1997, BoldFish Inc. is pioneering the development of out-bound
email solutions. The company provides software tools for business-to-customer
communication with an integrated email and web-based product. The flagship
product is a high-volume, high-speed email delivery system that integrates
seamlessly with IT infrastructures.
With an architecture and product that enable campaigns of millions of
messages, BoldFish has a unique "opt-in" philosophy and incorporates an
anti-spam clause in its licensing. Customers of BoldFish distributing
unsolicited, "spam" email are in violation of the license agreement.
Headquartered in Santa Clara, California, BoldFish is privately held and
venture funded by Alloy Ventures and the Mayfield Fund. Learn more about
BoldFish online at http://www.boldfish.com .
CONTACT: Kaye McKinzie of Dave & Bairey Communications,
415-927-7365, or kaye@dbcomm.com, for BoldFish, Inc.; or Scott Hetherington of
BoldFish, Inc., 408-236-3651, or Scott@boldfish.com .
SOURCE BoldFish, Inc.
Comments (0)
sephora.com Appoints Lloyd (+Co) to Create Second Phase of National Advertising Campaign
Posted Wednesday, February 23, 2000 - 17:07 by BeautyCare.com
National Advertising Campaign
SAN FRANCISCO, Calif., Feb. 17 /PRNewswire/ -- sephora.com, the leading
site for beauty on the Internet, today announced that Lloyd (+Co) has been
named as the e-tailer's new advertising agency of record. Lloyd (+Co) will
create the second phase of the advertising campaign, which is expected to
launch in Spring, 2000.
Jim Kenney, President and CEO of sephora.com, said, "The first phase of
the Sephora advertising campaign was aimed to raise awareness of the Sephora
brand, our 51 U.S. stores, and our web site. The colorful inkblots designed
by DDB New York, beautifully captured the freedom, innovation and creativity
that defines the Sephora philosophy.
"We are now ready to move into the second phase of our branding and
advertising effort, which will be solely focused on our web site, and will
have a strong beauty focus. Lloyd (+Co), with its strong expertise in the
fashion and beauty arenas, is an ideal partner to help bring the company to
its next stage of brand development."
The $25 million ad campaign will appear nationally starting in Spring
2000. Creative placement for Sephora.com advertising will be handled through
LVMH's corporate buying division via Mediacom, a division of Grey Advertising.
sephora.com Inc. and Sephora USA LLC are units of the Selective
Distribution Group of Paris-based LVMH Moet Hennessy Louis Vuitton, the
world's leading luxury products group. sephora.com, which can be viewed at
http://www.sephora.com/, is the definitive address for beauty on the Internet,
with over 200 brands and 650 collections. Sephora is one of the largest
fragrance and cosmetic retailers in Europe. Currently Sephora operates over
250 stores in France and Europe, and is continuing its aggressive expansion
plan in the U.S., with 51 stores opened in the last 18 months. Sephora
recently entered the Asian market, opening its first store in Tokyo in the
Ginza on November 28,1999.
SOURCE sephora.com Inc.
Comments (2)
Coty Introduces Jovan Individuality
Posted Wednesday, February 23, 2000 - 17:03 by BeautyCare.com
World's Mass-Fragrance Leader Introduces
New Fragrance Line Based on the Four Elements
NEW YORK, Feb. 17 /PRNewswire/ -- Coty Inc., the world's leading
manufacturer of mass-market fragrance and a leader in the category of personal
care products, today announced the introduction of Jovan Individuality, a new
line of fragrances based on the concept of the four elements: earth, fire,
water and air. Jovan Individuality is the first entirely new mass-market
fragrance Coty has introduced this year, and the second major fragrance launch
for the company in the past 12 months. The fragrance, although marketed to
women, is a collection of light, fresh colognes and oils that transcend gender
boundaries and may be worn by men also. Jovan Individuality will be available
in stores March 2000, at over 16,000 retail outlets.
The Jovan line of men's and women's fragrances has historically been one
of Coty's most successful brands. The original Jovan Musk first sold in 1972
and in the past 28 years has grown to include the following products: White
Musk for Women and White Musk for Men, Woman, Island Gardenia, Sex Appeal,
Jovan Ginseng NRG, Jovan Body Tonic, and now Jovan Individuality.
Peter Harf, chairman and ceo of Coty Inc., says, "Coty's incredible
history and the history of Jovan in particular makes it a pleasure for us to
find inspiration from our past successes, and Jovan Individuality is a perfect
example of this. Our target audience for Individuality is young, spirited and
independent, and the fragrances reflect that in their modularity and
packaging. Individuality is an incredible opportunity to provide our
customers with a special line of fragrances that invite everyday, and
for-every-occasion, use."
The Jovan Individuality products are designed to be used separately or
together, in any combination the wearer feels is appropriate. Chairman and
ceo Peter Harf adds, "This is how the product is so special -- the customer
can tailor the scents however they like, and create their own fragrance."
The advertising campaign for Jovan Individuality is the first created
completely by Coty's in-house creative department, Coty's Ideas+Image. The
print campaign features a hand and the tagline "One part oil. One part you.
Create a fragrance as unique as your fingerprint."
Douglas Toews, Coty's executive vice president, Ideas+Image, adds: "There
is no doubt that today's young consumers want to customize products and
express their unique personalities through the way they interact with the
brands they buy. Modern advertising that talks to these consumers should also
respect this trend. That's why we created a beautiful graphic image of a hand
that is at once a bit mystical, but is also a bit open-ended. Everybody
interprets it in their own way." Print advertisements for Jovan Individuality
break in March U.S. consumer and fashion magazines.
About Jovan Individuality
The Jovan Individuality line includes nine products: four 1-oz. cologne
mists, each sold separately and each retailing for $12; four .25 ounce
fragrance oils, also sold separately and retailing for $8 per bottle, and an
introductory kit containing all four fragrances in .68 ounce bottles and
retailing for $10. The Jovan Individuality fragrances: earth, fire, water
and air, can be worn independently, or in any combination the wearer sees fit.
Jovan Individuality's packaging is sleek and minimalist: the bottles are
narrow cylinders with a rounded cap in frosted plastic. The bottles are
completely unadorned and do not have any writing or product logos. The boxes
for the fragrance, which contain all logos and pertinent consumer information,
are made of clear plastic so customers ran easily see the fragrance's color.
In 1972, Quintessence, Jovan's parent company at the time, launched Jovan
Musk for Women; one year later, the company created Jovan Musk for Men. In
the early 1990s, Joh. A. Benckiser GmbH purchased Quintessence and merged the
company with Coty.
About Coty Inc.
Coty Inc. is one of the world's leading manufacturers and marketers of
fragrances, color cosmetics and skin treatments in the mass and prestige
markets, with $1.7 billion in sales for the year ended June 30, 1999. The
privately held company headquartered in New York City, was founded in 1996 to
operate the worldwide fragrance and cosmetics businesses of Germany's Joh. A.
Benckiser GmbH.
Coty was founded by Francois Coty in Paris in 1904, when he established
the modern fragrance industry. For almost 100 years, Coty has developed
hundreds of products that are sold around the world. Today, Coty Inc. is a
global company with operations in 29 countries and sales in over 80 markets.
Coty brands include adidas moves, the healing garden, Calgon, Stetson, Jovan,
Vanilla Fields and Rimmel, a line of color cosmetics recently introduced to
the U.S. market. The company's prestige fragrance and cosmetics brands are
sold by the Lancaster Group and include Lancaster, Davidoff, JOOP!, Chopard,
Jil Sander, Isabella Rossellini's Manifesto and Vivienne Westwood Boudoir.
Additional information on Coty is available at http://www.coty.com.
KEYWORDS: Coty Inc. Jovan retail fragrance consumer launch new unisex
young elements earth fire water air
SOURCE Coty Inc.
Comments (168)
Intimate Brands Reports 1999 Earnings Per Share Increase of 21%
Posted Wednesday, February 23, 2000 - 17:00 by BeautyCare.com
Intimate Brands Reports 1999 Earnings Per Share Increase of 21 Percent
COLUMBUS, Ohio, Feb. 16 /PRNewswire/ -- Intimate Brands, Inc. (NYSE: IBI),
the parent company of Victoria's Secret and Bath & Body Works, today announced
1999 diluted earnings per share for the fifty-two weeks ended January 29, 2000
of $1.84, compared to $1.51 last year, an increase of 22%. These amounts are
before reductions to earnings per share of $0.03 in 1999 and $0.02 in 1998 for
the impact of a change in accounting for gift certificates, store credits and
layaway sales, discussed below. Including the impact of the change in
accounting, diluted earnings per share of $1.81 increased 21% year-over-year.
In 1999, sales of $4.511 billion were up 16.1% over 1998, while operating
income was $793.5 million, an increase of 18% after restatement for the
accounting change. Both comparable store sales and selling square feet
increased 12%, while Victoria's Secret Catalogue sales grew 5%.
Leslie H. Wexner, Chairman and Chief Executive Officer, said, "We are
pleased to report earnings in excess of initial expectations for both the year
and the quarter. We have reported annual earnings increases of at least 20%
every year since going public in October 1995."
Before the accounting change, fourth quarter diluted earnings per share
were $1.17 versus $0.93 a year ago, a 26% increase. After the accounting
change, fourth quarter diluted earnings per share were $1.10 versus $0.88 a
year ago, a 25% increase. Fourth quarter 1999 sales increased 17.7% to
$1.802 billion, driven by a 12% change in selling square feet, an 11%
comparable store sales increase and a catalogue sales increase of 12%. Fourth
quarter operating income increased 20% to $470.8 million after restatement for
the accounting change.
Victoria's Secret grew to almost a $3 billion brand in 1999. The
Victoria's Secret team continued to build strong brand equity through
innovative product introductions, expanding new business opportunities such as
Victoria's Secret Beauty and building its global presence through the
catalogue and http://www.VictoriasSecret.com .
Victoria's Secret Stores sales increased 17% to $2.138 billion for the
year, while operating profits grew 20%. Sales at Victoria's Secret Catalogue
were up 5%, with operating profit up 10%. Sales from http://www.VictoriasSecret.com
grew strongly throughout the year.
Bath & Body Works delivered a 22% increase in sales for the year, and
operating profits grew 24%. This was driven by continued new product
offerings and well-executed store operations. The White Barn Candle Co.,
launched in the Fall of 1999, exceeded an aggressive plan.
Mr. Wexner added, "We've completed a year of exceptional growth and have
embarked on what should be another. We remain intent on delivering consistent,
superior earnings growth to our investors. We will continue to focus on
maintaining and building brand dominance; maximizing our channels of
distribution: stores, catalogue and e-commerce; and capitalizing on new
business opportunities such as Victoria's Secret Beauty and White Barn Candle
Co."
Change in Accounting for Gift Certificates, Store Credits and Layaway
Sales
Intimate Brands also announced a change in accounting for gift
certificates, store credits and layaway sales. The Company, which has not
been contacted by the Securities and Exchange Commission (SEC), chose to
address this matter after the issuance of SEC Staff Accounting Bulletin No.
101, Revenue Recognition in Financial Statements.
This change in accounting impacts the timing of recognizing income from
gift certificates, store credits and layaway sales, but does not impact the
Company's reported cash flows, net sales or comparable store sales.
Additionally, there is no impact to customers holding unredeemed gift
certificates or store credits, nor to customers who currently have merchandise
on layaway.
The Company had historically recognized net receipts/(redemptions) from
gift certificates and store credits as a reduction/(increase) to general,
administrative and store operating expenses, and recognized layaway sales upon
receipt of the initial payment. The Company now defers the recognition of
income on these transactions until the merchandise is delivered to the
customer.
The Company will give retroactive effect to this accounting change by
restating its previously issued financial statements as of January 30, 1999
and January 31, 1998, and for each of the three fiscal years in the period
ended January 30, 1999. An amended 1998 Form 10-K containing these financial
statements will be filed as soon as practicable. The change in accounting
reduced reported earnings per share for each of the fiscal years 1997 through
1999 by $0.02-$0.03 per share per year.
Intimate Brands, Inc. is the leading specialty retailer of intimate
apparel, beauty and personal care products through the Victoria's Secret and
Bath & Body Works brands. As of January 29, 2000, Victoria's Secret products
are available through 896 lingerie and beauty stores, the Victoria's Secret
Catalogue and online at http://www.VictoriasSecret.com . The Company offers a broad
selection of personal care, home fragrance and decor products through 1,214
Bath & Body Works and White Barn Candle Co. stores. The White Barn Candle Co.
was launched in 1999 as the newest brand in the Intimate Brands portfolio.
Safe harbor statement under the private securities litigation reform act
of 1995: The forward-looking statements made by the Company in this press
release involve material risks and uncertainties and are subject to change
based on various important factors which may be beyond the Company's control.
Accordingly, the Company's future performance and financial results may differ
materially from those expressed or implied in any such forward-looking
statements. Such factors include, but are not limited to, those described in
the Company's filings with the Securities and Exchange Commission. The Company
does not intend to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected results
expressed or implied therein will not be realized.
NOTE: The 4th quarter earnings call will be Webcast live at
http://www.IntimateBrands.com . To listen to the live call at 4:30 EST, please dial
1-800-553-2239 and ask for the Intimate Brands 4Q Earnings call. A replay of
the call can be accessed by calling 1-800-696-1585 ID #424 (IBI).
INTIMATE BRANDS, INC.
FOURTH QUARTER REPORT
JANUARY 29, 2000
(Unaudited)
Thirteen Weeks Ended Percent
January 29, 2000 January 30, 1999 Increase
(in thousands except per share data)
Net Sales $1,801,748 $1,531,192 17.7%
Operating Income $470,826 $390,796 20.5%
Net Income $278,852 $231,983 20.2%
Diluted Earnings
Per Share * $1.10 $0.88 25.0%
Weighted Average
Diluted Shares * 252,568 263,511 --
Fifty-two Weeks Ended Percent
January 29, 2000 January 30, 1999 Increase
(in thousands except per share data)
Net Sales $4,510,836 $3,885,753 16.1%
Operating Income $793,516 $670,849 18.3%
Net Income $458,904 $394,199 16.4%
Diluted Earnings
Per Share * $1.81 $1.49 21.6%
Weighted Average
Diluted Shares * 253,858 265,060 --
* Adjusted to reflect 5% stock dividend declared June 22, 1999 as if it
occurred at the beginning of 1998
INTIMATE BRANDS, INC.
ACCOUNTING CHANGE IMPACT ON EPS
Our change in accounting for gift certificates, store credits and
layaway sales results in the following impacts on EPS:
- A quarterly EPS re-calendarization, which shifts earnings from the
fourth quarter to the first and second quarters
- An EPS reduction of $.02 in 1997, $.02 in 1998 and $.03 in 1999
This change had minimal impact on annual and quarterly growth rates.
PRE RESTATEMENT RESTATED
NET INCOME DILUTED EPS NET INCOME DILUTED EPS
($ MILLIONS) EPS % GRTH ($ MILLIONS) EPS %GRTH
1999
1Q $46.4 0.18 20% $52.7 0.21 17%
2Q $85.8 0.34 21% $88.9 0.35 25%
3Q $39.7 0.15 0% $38.4 0.15 0%
4Q $296.0 1.17 26% $278.9 1.10 25%
YEAR $466.1 1.84 22% $458.9 1.81 21%
1998
1Q $41.0 0.15 25% $46.8 0.18 29%
2Q $73.6 0.28 22% $75.9 0.28 17%
3Q $39.7 0.15 15% $39.5 0.15 15%
4Q $245.9 0.93 24% $232.0 0.88 24%
YEAR $400.2 1.51 22% $394.2 1.49 22%
1997
1Q $32.9 0.12 -- $37.3 0.14 --
2Q $61.0 0.23 -- $62.8 0.24 --
3Q $35.4 0.13 -- $34.4 0.13 --
4Q $200.2 0.75 * -- $189.9 0.71 * --
YEAR $329.5 1.24 * -- $324.4 1.22 * --
* Excludes a special and nonrecurring charge of $67.6 million in 1997 for
the closing of Cacique.
SOURCE Intimate Brands
Comments (1)
Remington Products Reports Another Record Quarter and Year
Posted Wednesday, February 23, 2000 - 16:58 by BeautyCare.com
Remington Products Reports Another Record Quarter and Year
BRIDGEPORT, Conn., Feb. 16 /PRNewswire/ -- Remington Products Company,
L.L.C. reported net sales for the fourth quarter ended December 31, 1999 of
$142.7 million, an increase of $26.8 million, or 23%, over the comparable
quarter of 1998. This increase is attributable to strong growth from the
Company's North American and International businesses. Operating profit for
the quarter of $18.7 million represents an 82% increase from the $10.3 million
reported in fourth quarter 1998, excluding $1.6 million of non-recurring
charges in 1998 for the restructuring and reorganization of the Company's
sub-assembly operations. The significant increase in operating profit was
primarily due to the higher sales and an improved gross margin percentage.
North American sales for the quarter increased 26% on the strength of the
Company's core shaver and grooming products and new personal care products,
while sales for the Company's International business increased 31%, reflecting
good growth in the Company's U.K., Australian and German operations. Sales
for the Company's domestic service stores decreased by approximately 2% as a
result of the closing of ten retail stores in late August which were directly
impacted by the closing of the California based Fedco chain.
For the quarter ended December 31, 1999, the Company had net income of
$10.9 million compared to net income of $2.3 million in 1998. The 1998 net
income included $1.6 million of non-recurring charges. Interest expense was
$6.2 million, compared to $5.4 million for last year's fourth quarter, due to
higher average outstanding borrowings as a result of the higher working
capital requirements associated with the large sales increases.
"We are quite pleased with our fourth quarter and full year 1999 results,"
said Neil DeFeo, Remington's Chief Executive Officer. "The significant
increase in fourth quarter sales reflects the strength of our products and our
brand name, as we continue to improve our market position both in North
America as well as internationally."
"In 1999, we achieved our goal of increased profitability through
increased sales and improved gross margin percentages. The 1998 restructuring
of the domestic sub-assembly operations positively impacted our costs in 1999
as anticipated. Our new shaver, grooming and personal care products continue
to enjoy good consumer acceptance. The combination of our current market
position and our continued investments in advertising and new product
development, should bring another year of solid growth for the Company in the
year 2000."
Net sales for the year ended December 31, 1999 were $318.8 million,
$50.4 million, or 19% higher than 1998 due to significantly improved results
in North America, as well as the international business, particularly in the
U.K. The net income for 1999 of $6.0 million, was $11.7 million above the
$5.7 million net loss in 1998, excluding the non-recurring charges in that
year.
This news release may contain forward-looking statements, which include
assumptions about future market conditions, operations and results. These
statements are based on current expectations and are subject to risks and
uncertainties. They are made pursuant to safe harbor provisions of the
Private Securities Litigation Reform Act of 1995.
Remington Products Company, L.L.C. is a leading developer and marketer of
men's and women's electrical personal care appliances. The Company's
headquarters are located at 60 Main Street, Bridgeport, Connecticut.
REMINGTON PRODUCTS COMPANY, L.L.C.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED $ IN MILLIONS)
Quarter Ended Year Ended
December 31, December 31,
1999 1998 1999 1998
Net sales $142.7 $115.9 $318.8 $268.4
Cost of sales 77.2 68.9(A) 176.3 159.2(A)
Gross profit 65.5 47.0 142.5 109.2
Selling, general
and administrative 46.4 37.4 111.5 94.4
Restructuring and
reorganization charge -- 0.3(A) -- 6.8(A)
Amortization of
intangibles 0.4 0.6 1.9 2.0
Operating income 18.7 8.7 29.1 6.0
Interest expense 6.2 5.4 21.7 20.5
Other expense (income) 0.1 (0.2) 0.2 0.4
Income (loss) before
income taxes 12.4 3.5 7.2 (14.9)
Provision for income
taxes 1.5 1.2 1.2 0.4
Net income (loss) $10.9 $2.3 $6.0 ($15.3)
Depreciation and
amortization expense $1.6 $1.4 $5.6 $5.2
Capital Expenditures $1.2 $0.9 $3.5 $3.9
(A) Non-recurring charges in 1998 of $9.6 million for the year and $1.6
million for the fourth quarter are comprised of a $6.8 million and
$0.3 million restructuring and reorganization charge and a $2.8 and
$1.3 million charge to cost of sales for other restructuring related
costs, for the year and the fourth quarter of 1998, respectively.
REMINGTON PRODUCTS COMPANY, L.L.C.
CONSOLIDATED BALANCE SHEETS
(UNAUDITED $ IN MILLIONS)
December 31,
1999 1998
ASSETS
Cash and cash equivalents $9.9 $4.2
Accounts receivable 78.5 60.0
Inventories 55.5 50.2
Prepaid and other
current assets 4.0 1.9
Total current assets 147.9 116.3
Property, plant and
equipment, net 12.7 13.1
Intangibles, net 56.6 58.6
Other assets 6.8 7.7
Total assets $224.0 $195.7
LIABILITIES AND MEMBERS' DEFICIT
Accounts payable $23.6 $16.0
Short-term borrowings 5.8 5.2
Current portion of
long-term debt 2.3 1.8
Accrued liabilities 31.1 25.0
Total current liabilities 62.8 48.0
Long-term debt 187.7 180.6
Other liabilities 1.3 1.8
Members' deficit (27.8) (34.7)
Total liabilities and
members' deficit $224.0 $195.7
SOURCE Remington Products L.L.C.
Comments (1)
Parlux Reports Seventh Consecutive Quarter of Increased Profits
Posted Wednesday, February 23, 2000 - 16:56 by BeautyCare.com
Parlux Reports Seventh Consecutive Quarter of Increased Profits
FORT LAUDERDALE, Fla., Feb. 10 /PRNewswire/ -- Parlux Fragrances, Inc.
(Nasdaq: PARL) announced today its results for the three and nine-month
periods ended December 31, 1999.
Net sales for the quarter rose 40% to $16,631,430 from the previous year's
$11,909,529. Net income increased to $624,764 from the previous year's
$80,106. Diluted earnings per share increased to $0.05 per share compared to
$0.01 per share reported for the same period last year.
Net income for the nine-month period ended December 31, 1999, increased to
$2,921,702 on 18% higher net sales of $51,262,765. For the same period in
1998, Parlux had a net income of $1,066,613 on net sales of $43,353,260.
Diluted earnings per share increased to $0.22 compared to $0.07 for the same
period last year.
During the quarter, the Company continued its stock buy-back program,
purchasing 1,455,928 of its common shares, reducing the actual number of
outstanding shares from 12,516,160 on September 30, 1999, to 11,060,232 as of
December 31, 1999, and increasing the book value per share from $4.79 to $5.03
for the same period.
Commenting on the results, Ilia Lekach, Chairman and Chief Executive
Officer, said, "I am delighted that these results confirm the effectiveness of
our profit improvement efforts which has allowed us to pursue our stock buy-
back program in a more aggressive manner to further improve our book value per
share. Our Perry Ellis products reflect a cumulative sales increase of over
30% compared to the same period last year. The acquisition of new licenses
for Ocean Pacific and PEZ fragrances, combined with new product extensions we
created for our existing brands, bode well for future increases in our net
sales revenues. Our financial position continues to be strong, and we are
cautiously optimistic that reported results will continue to confirm the
wisdom of our strategy."
Parlux Fragrances, Inc. is a manufacturer and international distributor of
prestige fragrances and holds the licenses to manufacture and distribute the
designer fragrance brands of Perry Ellis, Fred Hayman Beverly Hills, Ocean
Pacific, PEZ, and Phantom. The Company also owns, manufactures and
distributes its own fragrance brand, Animale Parfums, which is scheduled to
launch its latest addition "CHALEUR" for both men and women during Fall 2000.
Comments (0)
Lancome Walks the Runway Becoming a Highlight Of New York Citys Fashion Week At Bryant Park
Posted Wednesday, February 23, 2000 - 16:42 by BeautyCare.com
Lancome Walks the Runway Becoming a Highlight
of New York City's Fashion Week at Bryant Park
NEW YORK, Feb. 11 /PRNewswire/ -- On Tuesday, February 8th, Lancome became
the first cosmetics company to hold a press event in the Tent at Bryant Park
during New York's Fashion Week, when they introduced Photogenic SPF 15 Skin
Illuminating Makeup to media from around the country.
Photogenic masters illumination in 17 global shades. Conquering the
effect of light, skin looks naturally radiant and flawless from every angle.
Photogenic actually redirects the light to visually perfect the skin. This is
done through Lancome's exclusive Photo-Flex Complex, an innovative combination
of flat and spherical powders, which are suspended within a liquid formula.
The media were treated to a show on the Tent's 90' runway where models
wearing Photogenic strutted the catwalk under lights simulating home, subway,
office, evening and sunlight. Following the show, the same lighting effects
were replicated at all 17 makeover stations set up around the runway. Each
station, manned by Lancome's leading makeup artists was packed with editors
waiting to try the new foundation to see for themselves how this special
formula worked in all lighting variations.
Photogenic will be available in June, 2000 at Lancome counters in fine
department and specialty stores and at http//www.lancome.com. The 1 fl. oz.
will retail for $32.50.
SOURCE Lancome
Comments (404)
Allou Health & Beauty Care, Inc. FY 2000 - Third Quarter/Nine Months Result
Posted Wednesday, February 23, 2000 - 16:39 by BeautyCare.com
Allou Health & Beauty Care, Inc.
FY 2000 - Third Quarter/Nine Months Results
CONFERENCE CALL SCHEDULED
Allou Health & Beauty Care, Inc. (Amex: ALU) third quarter and nine months
review conference is scheduled for Monday, February 14, 2000, hosted by David
Shamilzadeh, senior vice president and chief financial officer.
The time and dial-in numbers are as follows:
DATE: Monday, February 14, 2000
TIME 4:15 P.M. EST: call in by 4:00 p.m.
DOMESTIC
DIAL-IN 1-888-689-9348
CODE 44855#
This conference will also be available for 90 days on the Internet at:
http://www.vcall.com
SOURCE Allou Health & Beauty Care, Inc.
Comments (0)
Coty Inc. Chairman Announces Major Appointments at Two International Divisions
Posted Wednesday, February 23, 2000 - 15:47 by BeautyCare.com
New presidents for Lancaster Group and Coty Beauty Europe
NEW YORK, Feb. 22 /PRNewswire/ -- Peter Harf, chairman and CEO of Coty
Inc., today announced the departure of Patrick Thomas, president of Lancaster
Group, the prestige fragrance, cosmetics and personal care products division
of Coty's operations. Patrick Thomas has been with Lancaster Group since 1997
and resigned to pursue a new position as CEO of William Grant & Sons Ltd.,
manufacturers of Glenfiddich Scotch Whisky. Mr. Thomas' resignation is
effective April 1, 2000.
Hans-Kristian Hoejsgaard Named President of Lancaster Group
Hans-Kristian Hoejsgaard will succeed Mr. Thomas as president of
Lancaster, and will be based in Paris. He was formerly senior vice president,
Commercial Director of Lancaster Group (a position he held since 1998), and
managed all international operations for Lancaster with the exception of the
U.S. and Canada. Now, in his new position, Mr. Hoejsgaard will assume
responsibilities for those regions as well. He has held senior management
positions at LVMH Group, Guerlain Ltd., and Seagram.
Chairman Peter Harf emphasized that Thomas' departure was highly amicable:
"Patrick is a valued colleague and I wish him well in his new endeavors. He
has contributed a great deal to Lancaster during his tenure. He has long had
a passion for the spirits industry, and I believe he will accomplish great
things at William Grant & Sons."
Mr. Harf added he has full confidence in Thomas' successor.
"Hans-Kristian is a seasoned veteran of the beauty and consumer goods
businesses." Chairman Harf emphasized Coty's desire to promote from within
the company: "We want our employees to grow with us as the company grows, and
Hans-Kristian has demonstrated that level of commitment and skill."
Hugues Dusseaux Named President of Coty Beauty Europe
Hugues Dusseaux, a five-year veteran of Coty's European operations, has
been appointed president, Coty Beauty Europe, and is based in Paris.
Mr. Dusseaux was most recently senior vice president Western Europe. He
formerly held the position of general manager of Benckiser Export, GmbH, where
he was responsible for managing Coty worldwide export markets.
"Hugues Dusseaux is another talented Coty veteran who has grown with the
company," said Mr. Harf. "In his new role, he will manage all of Coty
Beauty's European businesses."
Recent Coty News
Coty Inc. recently announced the introduction of RIMMEL London color
cosmetics to the U.S. market, as well as the introduction of Jovan
Individuality, a new fragrance based on the four elements. This year, Coty
will also introduce a new fragrance from the men's line Aspen. Lancaster
Group will introduce a new line of skincare products, AcquaMilk, this spring.
About Coty Inc. and Lancaster Group
Coty Inc. is one of the world's leading manufacturers and marketers of
fragrances, color cosmetics and skin treatments in the mass and prestige
markets, with $1.7 billion in sales for the year ended June 30, 1999. The
privately held company, headquartered in New York City, was founded in 1996 to
operate the worldwide fragrance and cosmetics businesses of Germany's Joh. A.
Benckiser GmbH.
Coty was originally founded by Francois Coty in Paris in 1904, when he
established the modern fragrance industry. For almost 100 years, Coty has
developed hundreds of products that are sold around the world. Today, Coty
Inc. is a global company with operations in 29 countries and sales in over 80
markets. Coty brands include adidas moves, the healing garden, Calgon,
Stetson, Jovan, Vanilla Fields and Rimmel, a line of color cosmetics recently
introduced to the U.S. market. The company's prestige fragrance and cosmetics
brands are sold by the Lancaster Group and include Lancaster, Davidoff, JOOP!,
Chopard, Jil Sander, Isabella Rossellini's Manifesto and Vivienne Westwood
Boudoir.
Additional information on Coty is available at http://www.coty.com.
SOURCE Coty Inc
Comments (34)
New Fashion Swapping Zone Formed by Fashionwindow.com and
Posted Wednesday, February 23, 2000 - 15:44 by BeautyCare.com
New Fashion Swapping Zone Formed by Fashionwindow.com and WebSwap.com
Agreement Creates Largest Online Swapping Site for Vintage Clothing
ANN ARBOR, Mich., Feb. 23 /PRNewswire/ -- Collectors and enthusiasts of
vintage apparel and accessories can now swap fashion items on the Internet as
a result of an agreement announced today between Fashionwindow.com
(OTC Bulletin Board: PTNM), the new comprehensive, online fashion destination
site, and WebSwap, the largest swapping site on the Internet. The agreement
creates a Fashion Window "zone" on WebSwap that allows Fashionwindow.com
visitors to trade fashion items such as vintage clothing and accessories.
The new zone on WebSwap also features original editorial and photographic
content from the Fashionwindow.com staff.
"We are very excited about our new partnership with the leading online
swapping site," said Peter Klamka, President of PTN Media, the publisher of
Fashionwindow.com. "Vintage clothing has always been a popular area of
interest for our audience and now we have the opportunity to create the
leading vintage spot online with WebSwap."
"The Fashion Window Zone is a natural match of two leaders that combines
the variety of fashion with the worldwide reach of the Web," said Jens
Christensen, president and CEO of WebSwap. "In addition to being a great
swapping resource, this new zone creates a special interest community for
fashion followers and swappers to celebrate the practical and aesthetic sides
of keeping current with fashion trends."
Growing Consumer Interest in Vintage Clothing
From its modest roots with price conscious teenagers and college students
seeking fashionable items, vintage clothing has become a full fledged industry
that appeals to a larger segment of the population who not only wear vintage
items but collect them as art. Using the Fashion Window Zone at WebSwap, the
Fashionwindow.com audience can swap items segmented by categories such as
Designers, Juniors, Evening and Formal Wear, and Accessories. The Zone can be
accessed either by visiting WebSwap.com or through the "Shops at FW" at
Fashionwindow.com. Fashionwindow.com will also swap various items collected
from photo shoots and fashion celebrities.
Distinct from shopping or auction sites, WebSwap features a broad variety
of Interest Zones that make swapping and selling easier, more fun and
informative. In addition to creating efficient forums for swapping, each zone
provides a forum for people of similar interest to gather, swap items, chat
and exchange news, and to learn more about the types of items that are
frequently swapped. For example, a beginner vintage clothing collector can
find out what to look for when swapping for jeans or vests.
About Fashionwindow.com
Fashionwindow.com is the leading Web portal for fashion, style, beauty
news and commerce. In addition to numerous online retailers,
Fashionwindow.com also has relationships with CNN, Lycos, Inktomi, IXL, Neiman
Marcus, Adsmart, Affinia.com, Hot Jobs, and Visto.com. Fashion Window's
parent company, PTN Media, is owned in part by Claudia Schiffer and American
Nortel Communications (OTC Bulletin Board: ARTM).
About WebSwap
WebSwap (http://www.webswap.com), the leader in person-to-person online swapping,
is the world's largest and most comprehensive swapping site designed for
consumers. WebSwap uses the Internet to provide a global, real time
marketplace where consumers swap goods and services. WebSwap's technology
automatically matches consumers' 'have' listings with 'want' listings and
completely automates the process of making offers and counter-offers. WebSwap
was recently selected to demonstrate its innovative site at the prestigious
Demo 2000 conference.
Backed by several of the leading venture-capital firms in Silicon Valley
and managed by veterans of both Fortune 100 and software startup companies,
WebSwap is headquartered in Palo Alto, California. For more information about
WebSwap, visit http://www.webswap.com or call 650-320-1700.
This release contains forward looking information and therefore it
necessarily involves risks and uncertainties. Factors that could cause actual
events to differ materially from these forward looking statements include but
are not limited to those risks detailed in the Company's Securities and
Exchange Commission filings.
SOURCE Fashionwindow.com
Comments (0)
New Lotion, Like Wearing Gloves, Combats Dry, Chapped, Hands
Posted Wednesday, February 23, 2000 - 15:42 by BeautyCare.com
New Lotion, Like Wearing Gloves, Combats Dry, Chapped, Hands
From Gardening and Home Projects
GLENDALE, Calif., Feb. 23 /PRNewswire/ -- Fertilizers, pesticides,
insecticides, plant secretions, dirt, as well as solvents, paint, and thinners
can actually penetrate the skin, causing reactions or making clean up a mess.
As a remedy, consider a new lotion that protects your hands like gloves.
There's a new lotion called Gloves In A Bottle that is engineered to act
as a force field, effectively allowing the harsh environment to literally
bounce off the skin's surface, while retaining the body's natural
moisturizers. It's available in stores nationwide or see
http://www.glovesinabottle.com
"Merely moisturizing the skin does not repair damage already done, or
prevent it from occurring," says Dermatologist Peter Helton. "Gloves In A
Bottle keeps skin healthy, healed and soft by helping to prevent environmental
irritants from penetrating our skin."
Gloves In A Bottle quickly combines with the outer layer of the skin to
form an undetectable barrier. Completely safe, non-toxic, non-allergenic and
fragrance free, Gloves in a Bottle absorbs so completely there is no sticky or
greasy feeling, thus it can be worn comfortably by men and women.
It helps protect hands that spend a lot of time in water and reduces
moisture loss in cold or dry climates. When used with gloves, it protects
against the drying effects of latex, rubber, leather or wool. It lasts four
hours or more and does not wash off; it comes off with the exfoliated skin
cells.
Helton, an early advocate of the product, says, "Wearing a protective
cream, that also retains the body's natural moisture, should be as much a part
of your daily routine as wearing sun block."
Gloves In A Bottle can be used before using any product in the home or
workplace that can be harsh on the skin. Of course, if a manufacturer
requires glove use, Gloves In A Bottle is not a glove replacement, but can be
used as a second line of defense.
Another dermatologist, Dr. David Horowitz, says "As a practicing
dermatologist for over 22 years, I have found this to be the most
revolutionary product for softening rough hands that I have seen."
Gloves In A Bottle has a suggested retail price of $4.95 for a 2 oz
bottle, and $12.95 for an 8 oz bottle. Available at Bed, Bath and Beyond,
Michael's Craft Sores, Hobby Lobby, Sally Beauty Supply, and selected Garden
Centers, Home Depots and ACE Hardware Stores or contact the manufacturer at
800-600-1881, P.O. Box 615, Montrose, CA 91209, http://www.glovesinabottle.com.
SOURCE Gloves In A Bottle
Comments (0)
Allou Health & Beauty Care, Inc. Reports Record Earnings Per
Posted Thursday, February 17, 2000 - 17:48 by BeautyCare.com
Allou Health & Beauty Care, Inc. Reports Record Earnings
Per Share of 27 Cents, 2 Cents Above Analysts' Estimate
Net Income Shows Dramatic Improvement When Compared to a Loss in the Same
Period Last Year: Third Quarter Revenues Jumped 23 Percent to a Record Level
BRENTWOOD, N.Y., Feb. 14 /PRNewswire/ -- ALLOU HEALTH & BEAUTY CARE, INC.
(Amex: ALU) today announced that for the third quarter of FY 2000, ended
December 31, 1999, revenues jumped 23 percent to $108.1 million, resulting in
a record net income of $1,915,933 or 27 cents per share diluted. In the same
three months of fiscal 1999, revenues were $88.0 million, which resulted in a
net loss of $(245,873) or a $(0.04) loss.
For the nine months revenues improved to a record $287.3 million, a
17 percent increase over the same period a year-earlier. Net income and
earnings per share reached the highest levels in Allou's 38-year history,
totaling $5,315,370 or 73 cents per share, diluted, representing increases of
111 and 87 percent, respectively.
David Shamilzadeh, senior vice president and chief financial officer of
Allou, stated, "Our strong financial performance is a clear reflection of
Allou's strength in its core business and in the Company's manufacturing
subsidiary, Stanford Personal Care. Headquartered in Saugus, Calif., Stanford
achieved a 331 percent increase in third quarter revenues. Characterized by
gross profit margins of 55-65 percent, this segment of Allou's business is
expected to become a major contributor to the Company's bottom line. In
addition, Allou's wholly-owned subsidiary Direct Fragrances, Inc. reported a
51 percent increase in revenues."
He added, "Our recently announced acquisition of Tri-State Pharmaceuticals
Corp., which became effective January 3, 2000, greatly strengthened Allou's
pharmaceutical segment. We fully expect strong growth over the foreseeable
future in this area. Furthermore, our e-commerce initiative with Discreet
Medical Solutions, LLC, further strengthens the Company's position to achieve
solid growth in both sales and fulfillment over the Internet by expanding the
markets Allou serves. The Internet technology and patents-pending methodology
will reach targeted markets, providing individuals diagnosed with chronic
conditions comprehensive web based solutions that address patients' needs in a
highly personal professional environment and delivered in the complete privacy
of their home."
Investors will have the opportunity to participate in a conference call
today at 4:15 P.M. hosted by David Shamilzadeh, senior vice president, chief
financial officer of Allou, regarding third quarter and nine months results by
DIALING-IN 1-888-689-9348 -- CODE 44855#. Kindly dial in 15 minutes prior to
the conference call. The conference will also be available for 90 days on the
Internet at: http://www.vcall.com
Founded in 1962, Allou Health & Beauty Care, Inc. is the premier
distributor of over 22,000 nationally advertised health and beauty aid
products, branded and generic prescription pharmaceuticals, prestige designer
fragrances, cosmetics and branded non-perishable foods. Through its
wholly-owned subsidiary Stanford Personal Care Corporation, the Company
manufactures upscale hair care and skin care products. Allou's account base
consists of 4,200 independent drug and convenience stores and the leading
national chain stores.
This release may include forward-looking statements concerning Allou's
intent, belief or current expectations with respect to, among other things,
trends affecting its financial condition or results of operations and its
business and growth strategies. Such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties that may
cause actual results to differ materially from those projected, expressed or
implied. Allou does not undertake any obligations to update or revise any
forward-looking statements.
FINANCIAL HIGHLIGHTS
Allou Health & Beauty Care, Inc.
(consolidated)
Three Months Ended December 1999 1998
Revenues $108,094,099 $ 87,998,697
Gross Profit 14,441,777 11,262,378
Net Income 1,915,933 (245,873)(a)
Diluted per Share Net Income $0.27 $(0.04)
Diluted Shares outstanding Including
Common Stock Equivalents 7,067,834 6,468,964
Nine Months Ended December 1999 1998
Revenues $287,252,976 $245,305,221
Gross Profit 39,070,262 32,567,920
Net Income 5,315,370 2,518,023
Diluted per Share Net Income $0.73 $0.39
Diluted Shares outstanding Including
Common Stock Equivalents 7,256,949 6,488,101
(a) Net income for the three month period ended 12/31/98 excludes
extraordinary gain from the sale of a minority interest in the
Company's former wholly-owned subsidiary, The Fragrance Counter.
SOURCE Allou Health & Beauty Care, Inc.
Comments (0)
New Toothpaste Gives Americans Added Reason to Brush Their
Posted Thursday, February 17, 2000 - 17:43 by BeautyCare.com
New Toothpaste Gives Americans Added Reason to Brush Their Teeth at Night;
ARM & HAMMER P.M.(TM) Specially Formulated to Work Nights
PRINCETON, N.J., Feb. 15 /PRNewswire/ -- On occasion, you're tempted to do
it. But do you dare? Some consider it naughty, a little wild. After all,
what would people say if they knew you dabbled in such behavior? Worst of
all, what would your mother think?
But you're only human and no different than the millions of other
Americans who go to bed sometimes without brushing their teeth.
To help make nighttime the "right time" and encourage Americans to
consistently brush their teeth before going to bed to improve their overall
oral health, Church & Dwight Co., Inc., maker of ARM & HAMMER Toothpastes,
introduces ARM & HAMMER P.M.(TM). It's a unique toothpaste specifically
formulated to reduce "nighttime mouth" -- the build-up of unpleasant plaque
and odor-causing germs.
Since most consumers spend more time on oral hygiene in the morning versus
nighttime care, consumers can improve their oral health by brushing with ARM &
HAMMER P.M. before turning in for the night. "Unfortunately, many people do
not realize that brushing their teeth before going to bed is essential to
maintaining good oral health," says New York dentist Jeff Golub-Evans, DDS.
According to Dr. Golub-Evans, the build up of plaque and germs in our mouths
overnight is the result of decreased saliva flow. While we sleep, the
production of saliva, the mouth's natural cleanser, slows down, causing sticky
plaque and odor-causing bacteria to build up, creating that familiar
unpleasant feeling of "nighttime mouth." For people who do not brush before
bed to remove the plaque and germs that have accumulated during the day, this
condition is compounded.
Clinical Data Show No Sleeping on the Job
To demonstrate the benefits of ARM & HAMMER P.M. on fighting nighttime
mouth, studies to evaluate control of unpleasant plaque and breath odor were
conducted at clinical sites around the country.
To examine breath odor, three separate clinical trials were successfully
completed. Subjects brushed with either ARM & HAMMER P.M., a leading regular
fluoride toothpaste or water. Findings show that ARM & HAMMER P.M.
significantly controlled bad breath for several hours after use and reduced
the bacteria that cause bad breath.
To measure nighttime plaque control, two separate three-day studies were
conducted, whereby subjects brushed with either ARM & HAMMER P.M. or a leading
regular fluoride toothpaste. The next morning, the subjects' plaque levels
were examined. In both studies, ARM & HAMMER P.M. significantly controlled
overnight plaque growth better than the leading regular fluoride dentrifice.
"These studies demonstrate that Arm & Hammer P.M. produces significantly lower
overnight plaque levels and reduces bacteria that cause oral malodor better
than a conventional toothpaste," notes Bruce Nelson, Director of Clinical
Evaluations at Church & Dwight Co., Inc.
The Technology Behind P.M.
Zinc compounds have a long history of use in oral products, as they are
effective agents for fighting oral malodor-causing bacteria. Arm & Hammer
P.M. is available in two unique formulations. Bold Mint combines zinc citrate
with high levels of baking soda (51 percent) and peroxide, while Fresh Mint
combines zinc citrate with polishing agents, and extra strength fluoride. In
clinical trials for plaque control, subjects who used ARM & HAMMER P.M. had
significantly increased levels of zinc for at least three hours after product
use. "Zinc citrate is beneficial because it adheres to the gums, teeth,
cheeks and tongue for hours after brushing," notes Dr. Golub-Evans. While
other toothpastes may contain zinc citrate as an ingredient, no other product
contains the unique combination of ingredients found in Arm & Hammer P.M.
Product testing indicates high acceptance among consumers. According to
Jim Daniels, Director of Marketing at Church & Dwight, extensive consumer
evaluations demonstrate that ARM & HAMMER P.M. is one of the best new
toothpaste concepts ever tested. "Consumers see the Arm & Hammer P.M. idea as
a unique product that provides a clear and meaningful consumer benefit, thus
motivating more Americans to brush at night. More importantly, many consumers
who have used ARM & HAMMER P.M. at bedtime said they notice an improvement in
the way their mouths feel."
The suggested retail price for new ARM & HAMMER P.M. is $2.99 for a
4.5 ounce tube. ARM & HAMMER P.M. is available in Bold Mint and Fresh Mint
formulas and will be widely available beginning in February 2000.
Church & Dwight Co., Inc., founded in 1846, is the world's leading
producer of sodium bicarbonate, popularly known as Baking Soda, an ingredient
that cleans, deodorizes, leavens and buffers. The Company specializes in
developing uses for sodium bicarbonate and related products.
Recognized as a true household staple, ARM & HAMMER Baking Soda is found
in more than 90 percent of homes in the U.S. Moreover, the ARM & HAMMER logo
is one of the country's most famous and trusted trademarks. ARM & HAMMER
Toothpaste, ARM & HAMMER ADVANCE WHITE(TM) AND ARM & HAMMER DENTAL CARE(R) Gum
are the Company's leading oral care products.
SOURCE Church & Dwight Co., Inc.
Comments (2)
Top-Ranked Cosmetics and Household Products Equity Research Veteran Andrew Shore Joins Deutsche Banc Alex. Brown
Posted Thursday, February 17, 2000 - 17:40 by BeautyCare.com
Andrew Shore Joins Deutsche Banc Alex. Brown
NEW YORK, Feb. 15 /PRNewswire/ -- Deutsche Banc Alex. Brown announced
today that Andrew Shore has joined the Consumer research team to cover the
cosmetics and household products industry. Shore comes to Deutsche Banc Alex.
Brown from PaineWebber where he covered the cosmetics and household products
industries for nearly eight years.
In the course of his successful career in equity research, Shore has been
named to the Institutional Investor All-America Research Team for 10 of the
past 12 years and has been recognized several times in The Wall Street Journal
All-Star Analyst Survey. In addition, he has been consistently ranked either
number one or two in Greenwich Associates' research poll under the heading
"industry knowledge" and "quality of research." Shore is also credited as
being the first Wall Street analyst to uncover the accounting problems at
Sunbeam in 1998.
"We believe our clients will benefit from Andrew's extensive knowledge of
the industry and track record of providing excellent in-depth research," said
Bruce McDermott, Associate Director of Research.
"We are pleased to welcome someone with Andrew's credentials and strong
research franchise to our research team," added David Manlowe, Director of
North American Research. "Cosmetics and household products is a
heavily-weighted sector in the S&P 500 and represents a new sector of coverage
in our equity research universe. Andrew's arrival is a demonstration of our
commitment to providing first-rate coverage of the important sectors of the
market."
Prior to PaineWebber, Shore covered the cosmetic and household products
industry at Prudential Securities and Shearson Lehman Hutton. He graduated
from The George Washington University with a Bachelor of Arts in finance.
About Deutsche Bank:
Deutsche Banc Alex. Brown identifies the US investment banking activities
of DB Alex. Brown LLC (formerly BT Alex. Brown Incorporated) and Deutsche Bank
Securities Inc., which are indirect subsidiaries of Deutsche Bank AG. With
over $869 billion in assets as of September 30, 1999 and approximately
90,000 employees, Deutsche Bank offers its clients unparalleled financial
services throughout the world. It ranks among the leaders in asset
management, capital markets, corporate finance, custody, cash management and
private banking. Deutsche Bank is divided into five major business units:
Global Corporates and Institutions, Global Technology and Services, Asset
Management, Corporates and Real Estates and Private and Retail Banking.
Additional information is available at http://www.alexbrown.db.com.
SOURCE Deutsche Banc Alex. Brown
Comments (0)
gazelle.com Leaps Into Life; Online Retailer Launches Internet
Posted Thursday, February 17, 2000 - 17:35 by BeautyCare.com
gazelle.com Leaps Into Life;
Online Retailer Launches Internet's First Legwear and Legcare Specialty Store
STAMFORD, Conn., Feb. 10 /PRNewswire/ -- gazelle.com today announced the
launch of its state-of-the-art retail Web site, offering women a premier
destination for brand name legwear and legcare products.
gazelle.com carries one of the world's largest online selection of
hosiery, tights and socks, as well as an expansive collection of legcare
products, including beauty treatments, hair-removal products and nutritional
supplements. The site also features leg fashion and health editorial content
and advice through its online magazine, "the gazelle gazette."
"gazelle.com's model for e-commerce is needs-driven; we're providing a
solution for busy women who would prefer to buy these types of items online.
Hosiery and other legwear products are ideal to sell via the Internet because
they can't be tried on in stores, are easy to ship and are replenishable,"
said Preston Hammer, founder and chairman of gazelle.com. "Our needs-driven
model, combined with special customer-focused technology, such as our
automatic replenishment program, makes gazelle.com an ideal resource for women
looking for an alternative to traditional legwear and legcare shopping
experiences."
Leading Brands
gazelle.com is a one-stop shop for top international and domestic legwear
brands, such as Hanes Hosiery, Hanes Silk Reflections, Givenchy, Nicole
Miller, Hot Sox, Danskin, Belly Basics and Oroblu. gazelle.com's legcare
offering includes products from leading names from around the world including
Kneipp, Swiss Balance, Juvena and Epilady.
Customer-Focused Technology
To heighten the customer's online shopping experience, gazelle.com gives
shoppers many options for browsing, trying and purchasing. For example, the
"never-run-out" program is an automatic replenishment system allowing
customers to place standing orders for their favorite legwear and legcare
brands, while the "open package" feature provides the chance to view hosiery
on a leg model. Future customer-oriented applications include a "sizing
wizard" which simplifies selection by giving shoppers their correct size
across all brands when they provide their height and weight. The dressing
room feature will give consumers the ability to, for the first time ever,
virtually try on products by allowing them to see various hosiery selections
against their skin tone.
"the gazelle gazette"
gazelle.com also is a comprehensive resource for information about leg-
related fashion trends and leg health and wellness. "the gazelle gazette"
will provide seasonal fashion tips, as well as advice about leg wellness from
its Health and Wellness Panel of medical experts in sports medicine, skincare
and dermatology.
gazelle.com Management Team
A five-person executive management team with wide-ranging experience
across the e-commerce, retail, technology and investment industries heads
gazelle.com. A lifelong entrepreneur, Hammer spent six years at investment
banks, first at Montgomery Securities and later at Bear, Stearns & Co., before
starting the company last year. President and CEO, Allen Levenson, hails from
a retailing and management consulting background, with experience at both
McKinsey & Company and A&P Supermarkets, and chief technology officer, Ben
Bernstein, has more than 25 years experience in the technology and peripherals
industries, including six years at Microsoft Corporation. Patrick Early, Jr.,
vice president of operations, joined gazelle.com after 19 years in various
operations capacities for BIC Corporation, while Elizabeth Rose, vice
president of finance, has been a senior finance officer for both Liz
Claiborne, Inc., and Coach, a division of Sara Lee Corp.
gazelle.com is the premier online specialty retailer for legwear and
legcare products. It offers women quick and easy access to the world's
largest collection of hosiery, tights and socks from leading domestic and
international designers, and a luxurious selection of legcare and footcare
products. Founded in 1999, gazelle.com is a privately-held, privately-funded
company headquartered in Stamford, CT, with an office in San Francisco. For
more information, visit http://www.gazelle.com or call 888-560-LEGS(5347).
SOURCE gazelle.com
Comments (0)
Perfumania, Inc., WCW Nitro for Men(TM) Fragrance and Bill Goldberg to Ring Opening Bell at the American Stock Exchange on Valentines Day
Posted Thursday, February 17, 2000 - 17:01 by BeautyCare.com
Opening Bell at the American Stock Exchange on Valentine's Day
MIAMI, Feb. 10 /PRNewswire/ -- Perfumania, Inc., a wholly-owned subsidiary
of E Com Ventures, Inc., (Nasdaq: ECMV) and perfumania.com the leading
discount perfumery retailers (http://www.perfumania.com), today announced that
Bill Goldberg will ring the opening bell at the American Stock Exchange on
Valentine's Day. This is to celebrate the unprecedented success achieved by
the launch of Perfumania's prestige fragrance brand -- WCW Nitro for Men(TM).
The launch was supported by the cross marketing efforts between perfumania.com
and Perfumania's retail stores. The initial advertising campaign and
marketing efforts were mostly directed towards World Championship Wrestling's
35 million television viewers who watch weekly wrestling events on TBS and
TNT. This new, unconventional marketing strategy for launching a national
fragrance brand proved to be very effective.
Mr. Ilia Lekach, Chairman and CEO of Perfumania, Inc., said, "The inherent
synergies between the brick and mortar stores and the click and mortar model
combined with unconventional, cost-effective methods for marketing created the
perfect platform for launching this brand nationally."
Mr. Richard Davis, Marketing Manager of Perfumania, Inc., said, "This
event will add a new level of recognition to WCW Nitro for Men fragrance
which, continues to rank within the top 5 out of the 294 Men's designer
fragrance brands available at Perfumania."
Perfumania, Inc. created WCW Nitro for Men to capture the free-spirited,
ready-to-rumble fun of WCW. It's a classic fragrance described as a
comfortable, clean, sporty, free-spirited fragrance that complements any
style. It's power vs. skill. It's brute strength vs. the excellence of
execution. It's youth vs. experience. Truly a fragrance for the millennium,
the WCW Nitro for Men fragrance gives men a feeling of confidence with a hint
of sophistication.
perfumania.com, Inc. is a leading discount specialty e-retailer and
wholesale distributor of a wide range of brand and designer fragrances,
cosmetics, bath and body products, aromatherapy and accessories. The Company
sells best designer fragrances at discounted prices of up to 75 percent below
the manufacturer's suggested retail prices.
World Championship Wresting is a subsidiary of Turner Broadcasting System,
Inc., a Time Warner Company (NYSE: TWX). WCW produces and markets television
programs and live events featuring wrestling superstars. WCW produces eight
hours of original programming seen each week throughout the U.S. and in over
25 countries throughout the world. Check out WCW's Web Site
http://www.WCW.com and http://www.NWOwrestling.com.
This press release may include information presented which contains
forward-looking information, including statements regarding the strategic
direction of the companies. These comments constitute forward-looking
statements (within the meaning of the Private Securities Litigation Reform Act
of 1995), which involve significant risks and uncertainties. Actual results
may differ materially from the information discussed in these forward looking
statements. Among the factors that could cause actual results, performance or
achievement to differ materially from those described or implied in the
forward-looking statements are general economic conditions, competition,
potential technology changes, changes in or the lack of anticipated changes in
the regulatory environment in various countries, the ability to secure
partnership or joint-venture relationships with other entities, the ability to
raise additional capital to finance expansion, and the risks inherent in new
product and service introductions and the entry into new geographic markets.
Monday Night Nitro is a trademark of World Championship Wrestling, Inc.,
and all other trademarks are the property of their respective owners.
SOURCE Perfumania, Inc.
Comments (0)
Betsy Olum Named Senior Vice President Marketing for Sephora
Posted Thursday, February 17, 2000 - 16:57 by BeautyCare.com
Betsy Olum Named Senior Vice President Marketing
for Sephora and Sephora.com
SAN FRANCISCO, Feb. 4 /PRNewswire/ -- Sephora, the revolutionary concept
in beauty retailing, and sephora.com, the leading site for beauty on the
Internet, today announced that Betsy Olum has been named to a new position
overseeing marketing efforts for the two companies.
As Senior Vice President for Marketing, Ms. Olum will lead all marketing
activities for the stores, including advertising and public relations, and
will lead the off-line advertising effort for the website. She will also
develop cross-promotional activities between Sephora stores and sephora.com.
Before being named to this new position, Ms. Olum served as an independent
marketing consultant to Sephora. In this capacity she worked on a number of
projects and promotional events, including the development of the company's
advertising campaign and the opening of Sephora's flagship store at
Rockefeller Center in New York City. Prior to her work with Sephora, she held
the position of Senior Vice President Marketing for Halston-Borghese.
Previously, she was at Escade Beaute, where she served as General Manager,
North America, after being promoted from Vice President Marketing/Creative
Director Worldwide. Ms. Olum began her career with the Executive Training
Program at Bloomingdale's and became Senior Assistant Buyer for Cosmetics.
Ms. Olum holds a Masters in Business Administration from the Wharton School,
and a Bachelors of Arts from Colgate University.
Howard Meitiner, President and CEO of Sephora Americas and Asia Pacific,
said, "We are very pleased that Betsy will be joining Sephora and sephora.com
full time in this new position. The star-studded event that launched the
opening of our flagship store at Rockefeller Center is a fantastic example of
the creativity and passion Betsy brings to her work. She is an ideal
candidate to develop the enormous promotional opportunities that exist between
the Sephora stores and web site, and I look forward to her continued input."
Jim Kenney, President and CEO of sephora.com, said, "Betsy's new role
bridging Sephora stores and sephora.com will allow us to further take
advantage of our position as the only legitimate on-line beauty site with a
"clicks and mortar" strategy. While our customers already benefit from the
connection between our two companies -- such as the ability to return on-line
purchases to any of the 50 Sephora stores across the United States -- there
are many additional opportunities for cross-marketing and cross-promotion we
can extend to both our store and Internet shoppers."
Betsy Olum said, "This is a very exciting opportunity. Sephora has
revolutionized the way beauty products are sold -- both in stores and on the
web. My role will be helping to leverage this unique position by creating new
and innovative promotional events that cross traditional marketing boundaries
and reach out to all Sephora customers, no matter where she chooses to shop."
Sephora USA LLC and sephora.com Inc. are units of the Selective
Distribution Group of Paris-based LVMH Moet Hennessy Louis Vuitton, the
world's leading luxury products group. sephora.com, which can be viewed at
http://www.sephora.com/, is the definitive address for beauty on the Internet,
with over 200 brands and 650 collections. Sephora is one of the largest
fragrance and cosmetic retailers in Europe. Currently Sephora operates over
250 stores in France and Europe, and is continuing its aggressive expansion
plan in the U.S, with 50 stores opened in the last 18 months. Sephora
recently entered the Asian market, opening its first store in Tokyo in the
Ginza on November 28,1999.
SOURCE Sephora and sephora.com
Comments (0)
English Ideas Introduces Shimmering Kiss-Proof Lips for Valentine's Day
Posted Thursday, February 17, 2000 - 16:53 by BeautyCare.com
English Ideas Introduces Shimmering Kiss-Proof Lips for Valentine's Day
IRVINE, Calif., Feb. 7 /PRNewswire/ -- No matter where your lips end up on
February 14, your lipstick won't go anywhere if you're using English Ideas'
newest idea: Glitter Last(TM).
Glitter Last(TM) is a sparkling lipstick sealant that dresses up your
favorite lipstick with a sheer topcoat of glistening glitter. Glitter
Last(TM)'s revolutionary formula seals in the shimmer, making lipstick
smudgeproof, waterproof, and, most importantly, kiss-proof. One application
is all you'll need to last eight hours all day, or, all night. This unique
lip product lets you treat your sweetheart to non-stop kisses without the
lipstick imprint - something he'll kiss you for.
Sparkle and shimmer is currently the hottest fashion accessory embraced by
celebrities, models and music stars alike (seen in various styles on Madonna,
Jennifer Lopez, and Sarah Michelle Gellar). No matter what form, be it
sequins, glitter, metal mesh, or crystal jewels; to shine is definitely
divine. From movie premieres in Hollywood to awards shows in New York, it's a
trend to watch from coast to coast. Because of its lustrous appeal, the
shimmer factor can be found everywhere: shoes, purses, nailpolish, clothing,
and hair accessories. At the moment, the most popular way to "shimmer-ize" is
with cosmetics because it's a fun, easy, and inexpensive way to liven your
look. Cosmetic companies have been quick to pick up on the trend by
integrating glitter into many cosmetic products but with varying results of
staying power - until now. Glitter Last(TM)'s one-of-a-kind formula (patent-
pending) will transform any lipstick color into a fun and creative experience
that lasts up to eight hours - guaranteed.
Spice up your makeup with Glitter Last(TM) on Valentine's Day or any other
special occasion when you want to sparkle and get noticed. Why not be
suggestive and paint a Glitter Last(TM) heart where you want to be kissed ...
be exotic and paint yourself a Glitter Last(TM) beauty mark ... be creative
and sign your Valentine's card with Glitter Last(TM). Choose from four
knockout colors: ruby, diamond, opal, or topaz. Turn a few heads with Opal
Glitter Last(TM) laced over the newest kitten pink lipstick. Rev up your red
with our racy Ruby Glitter Last(TM). Create allure by glazing golden Topaz
Glitter Last(TM) over a sumptuous chocolate brown. Or go completely disco
glam with Diamond Glitter Last(TM) over a ripe berry ice. Be playful, be
daring, be distracting with English Ideas Glitter Last(TM)!
Glitter Last(TM) sells for $20.00 for an 8-ml bottle. Please call
1-800-LIP-LAST (1-800-547-5278) to order or for retail locations.
English Ideas, Ltd., the, internationally acclaimed high tech cosmetic
company began six years ago by Rebecca Pflueger. The first product Lip
Last(R) remains the best seller. Created in a kitchen blender, Lip Last(R)
was borne out of Rebecca's husband's frustration over her lipstick stains on
coffee mugs. From there, Rebecca launched her cosmetic company, English
Ideas, which is committed to developing products that are innovative and
creative.
As a busy, working, mother-of-two, Rebecca realizes the need for a high
performance cosmetics line - a concept she has personally applied to English
Ideas. The success of Lip Last(R) led to the application of cutting-edge
technology in the product line, which uses pharmaceutical grade ingredients
and which now includes over 125 products for the Lips, Eyes, Brow, and Face.
English Ideas: Trend-Setting Technology for Lasting Beauty.
SOURCE English Ideas, Ltd.
Comments (2)
Eve.com Hires CFO Jonathan W. Spatz
Posted Thursday, February 17, 2000 - 16:48 by BeautyCare.com
Finance and Operations Executive to Extend Online Beauty Site's Lead
SAN FRANCISCO, Feb. 7 /PRNewswire/ --Jonathan W. Spatz, former executive
vice president and chief operating officer at Factory 2-U Stores, joins
Eve.com as its chief financial officer. Spatz will oversee and manage the
financial strategy and administration of the premiere online prestige beauty
retailer, building on Eve.com's leadership position in the rapidly growing
online beauty market.
"I'm delighted about making the jump to Internet speed," says Spatz. "As
the 'first mover' in the online beauty market and the leader in this category,
Eve.com is experiencing tremendous growth. My challenge during this period of
growth will be to provide financial leadership and discipline, assist in
managing rapid growth and ensure that product and service delivery remain at
the high levels that Eve.com customers have come to expect."
"Jon is a seasoned finance and operations expert, and we are excited about
the innovative leadership he brings to the team," said Eve.com Co-Founder and
Co-President Varsha Rao. "In order to maintain and extend our leadership
position, it is critical that we have retailing expertise with specific skills
in inventory, cash flow and profitability management. Jon's experience and
energy will be a terrific asset to our team."
At Factory 2-U Stores, Spatz served as chief financial officer before his
promotion to chief operating officer. Spatz will bring to his expertise in
finance, information services, loss prevention, real estate, facilities,
distribution, logistics and store operations to his new position at Eve.com.
Prior to Factory 2-U Stores, Spatz held positions as senior vice president
of finance, chief operating officer and chief financial officer at Stroud's,
Inc. There he managed the registration process for the initial public
offering, which raised $36 million in equity capital. Spatz has also held
finance leadership positions at Chief Auto Parts, Pearle, Inc., Peoples
Restaurants and Bonanza International. He began his career with Price
Waterhouse Coopers.
About Eve.com
Eve.com has changed the way women everywhere shop for cosmetics. It opened
its doors in June 1999 as the first company launched to offer an array of
prestige beauty products on the Web. Tailored to the rapidly growing audience
of educated female Internet users, Eve.com offers a personalized shopping
experience, where every customer receives tailored product suggestions and
customized product samples with each purchase.
Eve.com offers more than 170 of the most exclusive brands in beauty,
including such prestige brands as BeneFit, Bvlgari, Calvin Klein, Club Monaco,
Decleor, Givenchy, Hard Candy, LORAC, NARS, philosophy, and Versace. As the
"beauty authority" on the Internet, Eve.com delivers advice from leading
experts in makeup, hair, fragrance, skincare, bath and aromatherapy products,
and cosmetics accessories.
Venture backed, Eve.com is a member of the idealab! family, which includes
successful Internet commerce sites like eToys and CitySearch. Additional
funding comes from Menlo Ventures, backers of Hotmail and Infoseek; Charter
Venture Capital, the venture capital firm behind WhoWhere; Weiss, Peck and
Greer, investors in eGreetings, DoubleClick and eMusic; and Crosslink Capital,
the backers of E-Stamp, eMachines and Quokka Sports. Board members include
Marleen McDaniel, CEO of Women.com, the largest online community of women.
SOURCE Eve.com
Comments (0)
Paul Roelofs of In Style Joins Eve.com
Posted Thursday, February 17, 2000 - 16:45 by BeautyCare.com
Paul Roelofs of In Style Joins Eve.com
Award-Winning Art Director Will Bring His Flair for Style to the Leading
Prestige E-Tailer
SAN FRANCISCO, Feb. 8 /PRNewswire/ -- Eve.com today named Paul Roelofs,
former design director of In Style magazine, as its creative director.
Roelofs, renowned for his fresh and inimitable designs, will be responsible
for the artistic direction of the Eve.com website, the first online
destination created expressly to offer an array of prestige cosmetics products
on the Web. Roelofs' talents and experience will fortify Eve.com's leadership
position in the online prestige cosmetics market by adding a cutting edge and
boldly original look to the site's inspiring beauty environment.
"Paul's talent and vision were obvious when we worked together at In
Style. That we were able to lure him to Eve.com is a major coup. His fresh
ideas and clean, modern design will help assure that Eve.com will stay in the
number one position in the world of beauty websites," says Charla Krupp,
editor-in-chief of Eve.com.
Roelofs, whose work has been recognized internationally by many
award-granting organizations, has won the prestigious gold award and two
silver awards from New York's Society of Publication Designers, where he
currently holds a seat on the board of directors. A pioneer and pacesetter in
the creative design world, Roelofs also brings to Eve.com significant
knowledge of entertainment trends: as design director at In Style magazine,
Roelofs created a fresh approach to celebrity lifestyles that helped turn the
magazine into one of the most successful in the U.S. Some of the covers he has
worked on feature Julia Roberts, Meg Ryan, Oprah Winfrey, Jennifer Aniston and
Gwyneth Paltrow, to name a few.
Prior to In Style, Mr. Roelofs was the art director for two upscale
consumer lifestyle magazines published by Meigher Communications in New
York-Garden Design, a publication responding to new interest by the baby boom
generation in garden designs and furnishings; and Saveur, a magazine
showcasing passions for travel and authentic cuisine from around the world.
Before moving to the United States, Roelofs served as art director for Western
Living, Canada's oldest and largest regional consumer magazine concerned with
homes, fashion, travel, cuisine and general interest issues.
In addition to having been published in numerous international design
journals, Paul Roelofs' work at Garden Design and Saveur is featured in Steven
Heller's "Magazines Inside & Out," a design reference book profiling the best
in magazine design from around the world.
About Eve.com
Eve.com has changed the way women everywhere shop for cosmetics. It opened
its doors in June 1999 as the first company launched to offer an array of
prestige beauty products on the Web. Tailored to the rapidly growing audience
of educated female Internet users, Eve.com offers a personalized shopping
experience, where every customer receives tailored product suggestions and
customized product samples with each purchase.
Eve.com offers more than 170 of the most exclusive brands in beauty,
including such prestige brands as BeneFit, Bvlgari, Calvin Klein, Club Monaco,
Decleor, Givenchy, Hard Candy, LORAC, NARS, philosophy, and Versace. As the
"beauty authority" on the Internet, Eve.com delivers advice from leading
experts in makeup, hair, fragrance, skincare, bath and aromatherapy products,
and cosmetics accessories.
Venture backed, Eve.com is a member of the idealab! family, which includes
successful Internet commerce sites like eToys and CitySearch. Additional
funding comes from Menlo Ventures, backers of Hotmail and Infoseek; Charter
Venture Capital, the venture capital firm behind WhoWhere; Weiss, Peck and
Greer, investors in eGreetings, DoubleClick and eMusic; and Crosslink Capital,
the backers of E-Stamp, eMachines and Quokka Sports. Board members include
Marleen McDaniel, CEO of Women.com, the largest online community of women.
SOURCE eve.com
Comments (0)
ThermoLase Announces First Quarter Results
Posted Thursday, February 17, 2000 - 16:44 by BeautyCare.com
CARROLLTON, Texas, Feb. 8 /PRNewswire/ -- ThermoLase Corporation
(Amex: TLZ), a Thermo Electron company (NYSE: TMO), today reported revenues of
$4.9 million for the quarter ended January 1, 2000, compared with $9.5 million
in the fiscal 1999 quarter. The net loss for the quarter was $2.6 million,
compared with a net loss of $8.1 million last year. The fiscal 2000 results
include $0.3 million of restructuring and unusual costs.
"The previously announced merger of ThermoLase into Thermo Electron is
proceeding according to the terms outlined in our December 17 news release,
but we now expect that the transaction will be completed by the end of the
second or early in the third calendar quarter of 2000," said Gerald Feldman,
president and chief executive officer of ThermoLase.
Consolidated Statement of Operations (unaudited)
(In thousands except per share amounts)
Three Months Ended
Jan. 1, 2000 Jan. 2, 1999
Revenues $4,926 $9,546
Costs and Operating Expenses:
Cost of revenues 4,223 11,390
Selling, general, and
administrative expenses 1,745 4,853
Research and
development expenses 99 489
Restructuring and
unusual costs 286 -
6,353 16,732
Operating Loss (1,427) (7,186)
Interest Income 213 666
Interest Expense (1,341) (1,340)
Equity in Losses of
Joint Ventures - (200)
Loss Before Provision
for Income Taxes (2,555) (8,060)
Provision for Income Taxes - (44)
Net Loss $ (2,555) $ (8,104)
Basic and Diluted
Loss per Share $(.06) $(.21)
Basic and Diluted
Weighted Average Shares 39,354 39,319
ThermoLase Corporation has developed a laser-based system for hair removal
and skin resurfacing and, through its Creative Beauty Innovations, Inc.
subsidiary, the company also manufactures skin-care and other personal-care
products. ThermoLase is a public subsidiary of ThermoTrex Corporation, another
Thermo Electron company. More information is available on the Internet at
http://www.thermo.com/subsid/tlz1.html.
The following constitutes a "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release contains forward-
looking statements that involve a number of risks and uncertainties. Important
factors that could cause actual results to differ materially from those
indicated by such forward-looking statements are set forth under the heading
"Forward-looking Statements" in Exhibit 13 to the company's annual report on
Form 10-K, for the year ended October 2, 1999. These include risks and
uncertainties relating to: recent operating losses, difficulty in retaining
qualified management, customer claims, dependence on proprietary technology,
compliance with government regulations, competition, the cash management
arrangement with Thermo Electron, and the potential impact of the year 2000 on
processing date-sensitive information.
SOURCE Thermo Electron Corporation
Comments (0)
Allou Health & Beauty Care and Dunhill Holdings Allou Health & Beauty Care and Dunhill Holdings
Posted Thursday, February 17, 2000 - 16:42 by BeautyCare.com
Allou Health & Beauty Care and Dunhill Holdings Introduce
Discreet Medical Solutions, an Internet Portal Which Will
Provide Online Delivery of Medical Products and Content
BRENTWOOD, N.Y., Feb. 8 /PRNewswire/ -- Allou Health & Beauty Care, Inc.
(Amex: ALU), today announced a joint venture with Michael T. Harris, M.D. and
Robert L. Miller, principals of Dunhill Holdings, LLC., to introduce Discreet
Medical Solutions, LLC. (DMS), an Internet company offering a series of
co-branded web sites, each providing patients with specific chronic conditions
the on-line delivery of medical products, services and content. Allou and
Dunhill Holdings will each have a 50% stake in DMS, and Allou will be the
exclusive supplier and business administrator, further expanding its
fulfillment services on the Internet. No other terms were disclosed.
Discreet Medical Solutions' first web site will offer patents-pending
proprietary products and methods to over one million patients in a highly
private and personal environment.
Dr. Harris practices gastrointestinal surgery in New York City and is an
Assistant Clinical Professor of Surgery at The Mount Sinai School of Medicine.
Dr. Harris enjoys a national reputation for the innovative surgical treatment
of Crohn's disease and ulcerative colitis. He has lectured extensively and
authored numerous articles and book chapters in the field of gastrointestinal
surgery. Dr. Harris stated, "Our goal is to empower individuals with these
conditions by providing comprehensive web-based solutions that address their
significant emotional, educational and product needs. Internet technology and
our patents-pending methodology allow us to provide the highest level of
personal professional attention to our patients, with the added comfort of
complete privacy and discretion."
Commenting on the agreement, David Shamilzadeh, senior vice president and
chief financial officer of Allou, stated, "We are pleased to be in partnership
with Dunhill Holdings, LLC. Dr. Harris' reputation insures us that the sites
will constitute a superior on-line delivery system of products, content and
self-care maintenance for patients demanding privacy and discretion.
Furthermore, all insurance claims can be processed through the sites,
relieving patients of additional anxiety. The sites will be licensed in all
50 states providing patients 24-hour access to our specialized services."
Herman Jacobs, president and chief operating officer of Allou, stated,
"This agreement clearly demonstrates management's commitment to grow its core
business in e-commerce. Allou is confident that private personalized medical
treatment and information online, combined with new technology providing a
competitive barrier to entry, will lead to strong sales and profits."
Founded in 1962, Allou Health & Beauty Care, Inc. is the premier
distributor of over 22,000 nationally advertised health and beauty aid
products, branded and generic prescription pharmaceuticals, prestige designer
fragrances, cosmetics and branded non-perishable foods. Through its
wholly-owned subsidiary Stanford Personal Care Corporation, the Company
manufactures upscale hair care and skin care products. Allou's account base
consists of 4,200 independent drug and convenience stores and the leading
national chain stores.
This release may include forward-looking statements concerning Allou's
intent, belief or current expectations with respect to, among other things,
trends affecting its financial condition or results of operations and its
business and growth strategies. Such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties that may
cause actual results to differ materially from those projected, expressed or
implied. Allou does not undertake any obligations to update or revise any
forward-looking statements.
SOURCE Allou Health & Beauty Care, Inc
Comments (0)
Nu Skin Enterprises Reports Fourth-Quarter and Year-End 1999 results
Posted Thursday, February 17, 2000 - 16:40 by BeautyCare.com
PROVO, Utah, Feb. 9 /PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS)
today reported financial results for the fourth quarter and year ended
Dec. 31, 1999.
For the fourth quarter, the company's revenue was $229.1 million compared
to $258.7 million for the fourth quarter of 1998. Net income was
$12.7 million and earnings per share were $0.15 compared to $22.8 million and
$0.26 per share for the
