Volume.com Launches
Posted Tuesday, November 28, 2000 - 18:23 by BeautyCare.com
Volume.com Launches
- Community-Focused Portal to Target Urban Youth -
NEW YORK, Nov. 20 /PRNewswire/ -- Volume.com, a community portal targeting
the trend-setting urban youth market, launched today. Focusing on a young,
multicultural demographic, Volume.com provides a neighborhood environment that
serves as a platform for self-expression and social interaction. Volume.com is
funded by Home Box Office.
With its "Live loud" motto, Volume.com will showcase the voices, talents,
and attitudes of the urban experience. The site focuses on community,
entertainment, lifestyle, empowerment, and shopping. Volume.com will be the
place to meet and interact with others, uncover breaking trends, showcase your
talents, discover underground acts, buy hot gear, listen to streaming radio,
and get the latest in news, sports, money, careers, sexuality, and much more.
Kevin Dowdell, CEO of Volume.com, said, "Volume.com will be the ultimate
online destination for urban youth. At Volume.com, our visitors are the
stars. Youth today want to connect with people they identify with, and their
identity is defined not only by the color of their skin, but also by their
shared experiences. The combination of this large, growing audience, our low
cost structure, and HBO backing will add up to a profitable business for us."
Marquee areas on the site will include:
* Black Market: showcase for unsigned artists
* Volume Radio: streaming radio, with hip-hop, R&B, drum 'n' bass,
electronica, comedy, and more
* Message Boards: discussion topics on many issues, including "College
Cool Out," "Gay/Lesbian/Bisexual," "Asians Amplified," etc.
* Indieland: short films by independent filmmakers
* Volume Mall: hot fashions, latest video games, beauty products, and
more, from brands such as The Rucker, Carol's Daughter, Sony
PlayStation2, and many others
Several strategic alliances will add to a superior user experience on
Volume.com. Through a relationship with Epinions.com, Volume.com gives
visitors the opportunity to read and write reviews and earn money.
Epinions.com has more than one million reviews and comments and covers over
200,000 products and services. Volume.com uses Netscape's cutting-edge search
technology, based on the world's largest human-built directory. In order to
provide the best user experience, Volume.com selected Sun Microsystems'
Internet Computing platform to build its technology infrastructure. Other
partners include CNN for continuously updated news headlines, Bullseye Art for
animation, FinanceCenter.com for personal finance tools, and Interactive
Apparel for a shopping mall.
Leading the venture is CEO Kevin Dowdell, the former head of HBO
Interactive Ventures. Volume.com is comprised of a diverse staff, with a
combination of Internet and traditional industry experience. The staff has
come from companies such as hbo.com, AGENCY.COM, MTVi, theglobe.com,
Doubleclick, ugo.com, Blackenterprise.com, Merrill Lynch, Deloitte & Touche,
Teach For America, Barnes & Noble, The Jackie Robinson Foundation and dePasse
Entertainment.
Volume.com is funded by Home Box Office, the premium television
programming division of Time Warner Entertainment Company, L.P. Home Box
Office provides two 24-hour premium television services, HBO and Cinemax.
Together, both networks reach nearly 36 million subscribers in the United
States via cable and satellite delivery. Home Box Office's international
joint ventures bring HBO-branded services to more than 45 countries around the
globe.
SOURCE Volume.com
-0- 11/20/2000
/CONTACT: Naeem Mohaiemen of Volume.com, 646-602-4927,
naeem.mohaiemen@volumestaff.com/
Web Site: /http:www.volume.com
http://www.hbo.com/
CO: Volume.com; Home Box Office
ST: New York
IN: ENT MLM
SU: PDT BLK HSP
MD
-- NYM110 --
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Comments (2)
Beautysurf.com Announces Grand Opening
Posted Tuesday, November 28, 2000 - 18:22 by BeautyCare.com
Beautysurf.com Announces Grand Opening
Beautysurf.com is pleased to announce its' grand opening at
http://www.beautysurf.com.
BOSTON, Nov. 20 /PRNewswire/ -- Beautysurf.com is the premiere Internet
destination site for people interested in finding the salon and/or spa best
suited to meet their personal beauty and pampering needs. The site, a
nationwide directory and personal care portal for Salons & Spas is a valuable
resource for consumers who, are traveling, have recently moved into a new
neighborhood, or are just looking for a salon or spa, which meets their
personal requirements. Visitors to beautysurf.com can search by city, state,
products or services.
In addition, people can purchase gift certificates, enter to win a FREE
monthly gift certificate, consult online with a professional beauty expert,
and read about the latest hair & make up tricks the professionals use. And
for those consumers who have their own special tips and tricks, they can share
them with the Beautysurf community as well.
"After listening closely for more than twenty years to thousands of my
customers, it became apparent that people needed a trusted resource they could
rely on, from wherever they were in the world, to access the professional
beauty products and services they were accustomed to," says Frank McDonnell,
Founder of Beautysurf.com, successful salon owner and stylist for over twenty
years.
Beautysurf.com donates a portion of net proceeds to; The Aids Action
Committee, Cancer Breast Research, Coalition for Battered Woman, and H.O.P.E.
Worldwide.
For More Information:
Sharon McDonnell
sharonmcd@beautysurf.com
SOURCE Beautysurf.com
-0- 11/20/2000
/CONTACT: Sharon McDonnell of Beautysurf.com, 781-784-4441,
sharonmcd@beautysurf.com/
Web Site: /http://www.beautysurf.com/
CO: Beautysurf.com
ST: Massachusetts
IN: HOU MLM
SU: PDT
CP
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Comments (3)
Snapon.com Makes Holiday Shopping Less 'Wrenching'
Posted Tuesday, November 28, 2000 - 18:19 by BeautyCare.com
Snapon.com Makes Holiday Shopping Less 'Wrenching'
Snap-on Has Great Gift Ideas for Do-It-Yourselfers, Car Enthusiasts,
And Homeowners
KENOSHA, Wis., Nov. 21 /PRNewswire/ -- If you have a hard-to-buy-for man
or woman this holiday season, tools for the car, garage and home might be the
answer. And this year, for the first time, anyone can shop online for one of
the world's most respected brand of tools-Snap-on(R).
(Photo: http://www.newscom.com/cgi-bin/prnh/20001121/NYFNSP13 )
At snapon.com, Snap-on tool experts have highlighted some "must-have"
tools for a spouse, relative or friend. Simply browse the online catalog,
click the desired item, and buy.
Here is what the Snap-on tool experts recommend as tools that should be in
any DIYer's or car enthusiasts', or homeowner's toolbox:
* Portable Booster Pack -- This portable power pack aids starting a
vehicle with a dead battery. It features residual power indicator
lights, heavy-duty battery clamps, flexible 24-inch cables, and six-
foot recharge extension with cigarette lighter plugs at both ends.
Carrying case included.
* Ratcheting Magnetic Screwdriver -- Consider this ratcheting magnetic
screwdriver with interchangeable bits -- 13, 20, or 30 pieces -- for
people who enjoy tinkering around the house and garage.
* Cord free Drill Kit -- This 14.4-volt drill holds bits up to 3/8-inch.
Perfect gift for the homeowner.
* Palm Ratchet -- This handy unique ratchet fits in the palm of your hand
for better handling in difficult to reach situations. It is designed
with 82-tooth action that provides less than a 4-1/2 degree ratcheting
angle.
* Adjustable wrench -- The adjustable wrenches come in four different
sizes, ranging from 6-12 inches. They are finished in chrome and are
essential pieces to any complete tool-box.
* Cordless screwdriver -- This screwdriver works in forward, reverse, and
manual modes. It is equipped with a 3.6 volt Ni-Cad battery that
recharges in about 3 hours and has a 1/4-inch slip chuck that
accommodates most 1/4-inch power bits.
* 3/8" drive General Service sets -- Include sockets, ratchets and
extensions. These are good for a wide variety of applications around
the home and the shop.
* Deadblow hammer set -- A patented product line with maximum striking
force with the safety benefit of almost no rebound.
* Premium quality tool chests -- Protect and store tools in a high
quality unit with unique drawer construction and 18-gauge sheet metal
that enhance strength and help prevent sagging under heavy loads.
In addition to those tools, snapon.com has more than 14,000 other gift
possibilities including tool storage units and diagnostics equipment.
No matter what shoppers seek, they can safely purchase Snap-on(R) products
with their credit card and have the choice of ground, second-day or next day
air delivery. If shoppers prefer personalized service, they can also use
snapon.com to request service from a local Dealer.
Snap-on Incorporated is a leading global developer, manufacturer and
marketer of tool and equipment solutions for professional tool users. Product
lines include hand and power tools, diagnostics and shop equipment, tool
storage products, diagnostics software and other solutions for the
transportation service, industrial, government, education, agricultural and
other commercial applications, including construction and electrical.
Products are sold through its franchised dealer van, company direct sales and
distributor channels. Founded in 1920, Snap-on is a $2+ billion, S&P 500
company headquartered in Kenosha, Wis. It employs approximately 14,000
worldwide.
SOURCE Snap-on Incorporated
-0- 11/21/2000
/CONTACT: Richard Secor, Snap-on Incorporated, 262-656-5561; or Louis
Pukelis of Ogilvy Public Relations Worldwide for Snap-on Incorporated,
312-397-6062/
Photo Notes: /http://www.newscom.com/cgi-bin/prnh/20001121/NYFNSP13
PR Newswire Photo Desk, 888-776-6555 or 201-369-3467/
CO: Snap-on Incorporated
ST: Wisconsin
IN: HOU REA
SU:
DT-AJ
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Comments (5)
Manchester Completes Internet Launch of Branded Product From United-Guardian
Posted Tuesday, November 28, 2000 - 18:17 by BeautyCare.com
Manchester Completes Internet Launch of
Branded Product From United-Guardian
HAUPPAUGE, N.Y., Nov. 21 /PRNewswire/ -- Manchester Equipment Co. Inc.
(Nasdaq: MANC), a leader in e-commerce and database integration, has
successfully completed the initial phase of an Internet marketing campaign for
United-Guardian, Inc. (Amex: UG). The campaign conceived by Manchester
successfully introduced the first branded personal care product in the
cosmetics manufacturer's 60-year history to be marketed directly to consumers.
As a technology solutions provider, Manchester was charged with developing
an Internet platform to test consumer response to U-G's breakthrough shaving
product, Razoride(TM), a unique shaving gel offering superior glide and
extreme lubricity. Manchester's strategy was to create a web presence for
Razoride that would facilitate product sampling and simultaneously build a
customer database for United-Guardian.
The first leg of the strategy involved registering the product with more
than a dozen existing "free stuff" web sites that serve as portals for product
sampling. Customers selecting the Razoride sample were linked automatically to
http://www.razoride.com, a new site created by Manchester to support the
product launch, where customers would supply their shipping information.
The second leg of the strategy "kicked in" when the samples were shipped.
An enticement enclosed with the samples invited customers to return to the
Razoride web site where, in exchange for completing a survey questionnaire,
customers would receive a coupon for free shipping on their first paid order.
The survey allowed United-Guardian to capture invaluable demographic
information about their prospects, providing a customer profile that will help
shape future marketing for Razoride.
"The Razoride launch project for United-Guardian was a terrific
opportunity to put our expertise as a technology solutions provider to the
test, in a make-it-or-break-it situation for a new client," said Bruce
Schneider, Director of Manchester Internet Services, who headed the project
team. "Consumer response was extremely positive, and U-G now has the
preliminary market analysis it needs to proceed to the next marketing level."
United Guardian processed 11 thousand requests for Razoride samples in
less than three weeks. Due to the overwhelming response to its sampling
campaign, U-G temporarily suspended the promotion in order to evaluate initial
results. For a limited time customers can continue to take advantage of the
free shipping offer on the Razoride web site, and United-Guardian intends to
resume the promotion after it has gathered the information it needs to proceed
further.
"The Razoride launch was especially important to us because it was our
first venture into consumer marketing using the Internet," says Kenneth H.
Globus, President of United-Guardian. "Our hope is to introduce a complete
line of branded personal care products down the road, and we are using
Razoride as our test case. Manchester's strategic direction and creative
execution were absolutely instrumental in taking us this far."
Manchester Equipment Co. Inc., founded in 1973, is a single-source
solutions provider specializing in custom networking for mid-sized companies'
information systems needs, by combining comprehensive analysis, design, and
integration services with a complete line of competitively priced products and
peripherals from the industry's leading vendors.
For more information about Manchester, visit the company's web site at
http://www.e-manchester.com.
Razoride is a trademark of United-Guardian, Inc. United-Guardian, Inc. is
a manufacturer of cosmetic ingredients, personal and health care products,
pharmaceuticals, and specialty industrial products. For more information, log
onto http://www.u-g.com.
This press release contains certain forward-looking statements that
involve risks and uncertainties. Manchester Equipment Co., Inc.'s actual
results may differ materially from the results discussed herein as a result of
a number of unknown factors. Such factors include, but are not limited to,
there being no assurance that the Manchester will be successful in growing its
business through providing services such as Internet design support and
integration or in attracting and retaining highly skilled technical personnel
and sales representatives necessary to offer such services, or that Manchester
will not be adversely affected by continued intense competition in the
computer industry or by any of the other risks set forth in Manchester's
Annual Report on Form 10-K for the year ended July 31, 2000 and those set
forth from time to time in its other filings with the Securities and Exchange
Commission.
SOURCE Manchester Equipment Co. Inc.
-0- 11/21/2000
/CONTACT: Julie Gross Gelfand or Chris Scimone of HLM&S Public Relations,
516-536-2020, jgelfand@hlms-net.com, or Joseph Looney Vice President and CFO
of Manchester Equipment Co., Inc., 631-435-1199, jlooney@mecnet.com/
Web Site: /http://www.e-manchester.com
http://www.u-g.com
http://www.razoride.com/
(MANC UG)
CO: Manchester Equipment Co. Inc.
ST: New York
IN: MLM
SU: PDT
GC
-- NYTU017 --
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Comments (3)
iQVC Launches Sporting Goods Store Through Alliance with Global Sports
Posted Tuesday, November 28, 2000 - 18:16 by BeautyCare.com
iQVC Launches Sporting Goods Store Through Alliance with Global Sports
Ready Set Sports Offers Over 16,000 Sporting Goods Products to iQVC Customers
KING OF PRUSSIA, Pa. and WEST CHESTER, Pa., Nov. 21 /PRNewswire/ --
Global Sports, Inc. (Nasdaq: GSPT), a leading developer and operator of
e-commerce businesses, announced today that it has concluded a definitive
agreement with iQVC, the e-commerce division of QVC, to develop and operate a
sporting goods store for iQVC. Global Sports and iQVC had previously
announced a letter of intent for iQVC's sporting goods store on September 13,
2000. Global Sports also announced that the new Ready Set Sports store has
launched on the iQVC site and features over 16,000 items from approximately
1,000 leading brands. The site features value-added content for the sporting
goods consumer, including product comparison capabilities, Buyer's Guides, and
Pro Tips. The fully integrated shopping cart allows consumers to shop from
the entire iQVC site, including the new Ready Set Sports store, with a single
checkout process.
"We are excited to be working with Global Sports to provide our customers
with an extensive selection of sporting goods at iQVC. The Ready Set Sports
store complements our already vast online offering," commented Steve Hamlin,
Vice President of Operations for iQVC. He continued, "The integrated services
between Global Sports and iQVC allow for a smooth shopping experience for our
customers this holiday season."
Mark Reese, Chief Operating Officer of Global Sports, Inc., commented, "We
worked hard with iQVC to launch the Ready Set Sports store in time for this
holiday season. Our scalable infrastructure allowed us to develop the Ready
Set Sports store for iQVC in the short time frame required and to integrate
the site into our existing technology platform. We are delighted to be
working with iQVC and to expand our customer reach to include the many
dedicated iQVC shoppers."
About QVC, Inc.
iQVC, the Internet's #1 General Merchandise retailer (August 2000
Forrester PowerRankings), is the online retailing division of QVC, Inc. QVC,
Inc., a $3.3 billion company, is an e-commerce leader, marketing a wide
variety of brand name products in such categories as home furnishing, licensed
products, fashion, beauty, electronics and fine jewelry. QVC reaches over
75 million homes in the United States. Other divisions/subsidiaries include
Q Direct, QVC Publishing, Q Records, QVC Local, QVC ProductWorks and Pioneer
Studios. The QVC Studio Tour is located at the company's world headquarters
in West Chester, PA.
About Global Sports
Global Sports, Inc. (Nasdaq: GSPT) (http://www.globalsports.com ) is a leading
developer and operator of e-commerce businesses. Global Sports develops and
operates the e-commerce sporting goods businesses of specialty retailers,
general merchandisers, Internet companies, and media companies under exclusive
long-term agreements.
Statements about Global Sports' outlook and all other statements in this
release other than historical facts are forward-looking statements. Since
these statements involve risks and uncertainties, they are subject to change
at any time and Global Sports' actual results may differ materially from
expected results. Many of Global Sports' forward-looking statements are based
upon certain assumptions, and there are inherent difficulties in predicting
certain important factors that could impact these assumptions. These factors,
as and when applicable, are discussed in Global Sports' filings with the SEC.
SOURCE Global Sports, Inc.
-0- 11/21/2000
/CONTACT: Dana Stein Grosser, Director of Corporate Communications,
Global Sports, 610-491-7000, or grosserd@globalsports.com; or Ellen Rubin,
Vice President, Public Relations of QVC, 610-701-1647, or erubin@qvc.com/
Web Site: /http://www.globalsports.com/
(GSPT)
CO: Global Sports, Inc.; QVC, Inc.
ST: Pennsylvania
IN: SPT REA MLM
SU: PER
JA-DG
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Comments (0)
Manhattan Associates Ensures On-line Shopping Is Child's Play for Top UK Retailer
Posted Tuesday, November 28, 2000 - 18:15 by BeautyCare.com
Manhattan Associates Ensures On-line Shopping
Is Child's Play for Top UK Retailer
The Entertainer Selects Manhattan Associates to Provide
Real-time Links to its On-line Customers and Retail Stores
ATLANTA, Nov. 21 /PRNewswire/ -- The Entertainer, the United Kingdom's
largest privately owned toy retailer, selected
Manhattan Associates, Inc. (Nasdaq: MANH), a global leader in providing supply
chain execution and collaborative commerce solutions, to create real-time
links between its shopping Web site, retail stores and Buckinghamshire, UK,
distribution center.
"We only choose suppliers who can see eye-to-eye with us and work with us
to help improve our efficiency," said Gary Grant, operations director for The
Entertainer. "In the toy business, you always have to be one step ahead of
the game. Toy sales are very seasonal; 50% of our annual business is in the
last quarter, so warehousing and distribution is absolutely critical to our
success."
To manage the multi-channel distribution challenges of being the United
Kingdom's largest popular toy retailer, The Entertainer needed a system that
could support its aggressive growth plans. The company chose Manhattan
Associates' PkMS(R) warehouse management system because it required a
functionally rich, user-friendly product that was well recognized within the
industry. With a broad variety of users in the United Kingdom, including
Sainsbury's, Wedgwood and Virgin Cosmetics, PkMS has been specially developed
to handle the high volume of small orders characteristic of e-fulfillment as
well as manage bulk orders that are required when shipping to retail stores.
Also, the modular nature of the software enables businesses to adapt new
functionality and new technology as their business demands evolve.
Bruce Rae, Manhattan Associates' project manager for The Entertainer,
said, "This project showcases PkMS' scalability to accommodate both small and
large multi-channel distribution environments. We will provide the advanced
functionality required for on-line fulfillment and give The Entertainer the
scalability and flexibility to grow. With PkMS, The Entertainer will have the
tools required to exploit its huge growth potential."
About The Entertainer
The Entertainer, which was founded in 1981 when husband and wife team Gary
and Catherine Grant took over an ailing local toy shop, today operates 22
stores in the United Kingdom as well as an e-commerce Web site. Annual
turnover is over 25 million pounds. At both of The Entertainer's shops and on
its 'thetoyshop.com' Web site, customers will always find the latest hot items
and an amazing, ever changing selection of clearance priced toys. For
additional information, please visit http://www.thetoyshop.com .
About Manhattan Associates, Inc.
Manhattan Associates, Inc. is a global leader in providing supply chain
execution and collaborative commerce solutions. These solutions leverage
state-of-the-art technologies, innovative practices and the company's domain
expertise to enhance performance, profitability and competitive advantage.
Manhattan Associates has licensed more than 750 customers representing 1,100
facilities worldwide, which include some of the world's leading manufacturers,
suppliers and retailers. For more information about Manhattan Associates
telephone 770-955-7070 or visit http://www.manh.com .
SOURCE Manhattan Associates, Inc.
-0- 11/21/2000
/CONTACT: Michelle Tank, PR Specialist of Manhattan Associates, Inc.,
678-597-7909, or mtank@manh.com/
Web Site: /http://www.manh.com
http://www.thetoyshop.com /
(MANH)
CO: Manhattan Associates, Inc.; The Entertainer
ST: Georgia, England
IN: MLM REA CPR
SU: CON
MM-RB
-- ATTU009 --
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Comments (0)
Genaissance Pharmaceuticals Signs HAP2000(TM) Agreement With Janssen Research Foundation
Posted Tuesday, November 28, 2000 - 18:11 by BeautyCare.com
Genaissance Pharmaceuticals Signs HAP2000(TM) Agreement With
Janssen Research Foundation
NEW HAVEN, Conn., Nov. 27 /PRNewswire/ -- Genaissance Pharmaceuticals,
Inc. (Nasdaq: GNSC), a leader in applying population genomics, informatics and
clinical data to the development of pharmaceuticals and diagnostics, announced
today that it has entered into a multi-year worldwide agreement with Janssen
Research Foundation (JRF), a member of the Johnson & Johnson family of
companies (NYSE: JNJ).
(Logo: http://www.newscom.com/cgi-bin/prnh/20001024/NYTU035LOGO )
The HAP2000(TM) agreement covers discovery, development and commercial
applications of Genaissance HAP(TM) Technology. Under the terms of the
agreement, JRF and The R.W. Johnson Pharmaceutical Research Institute (PRI),
also a member of the Johnson & Johnson family of companies, will gain a
license to the Genaissance HAP(TM) Technology platform. HAP(TM) Technology
will be installed worldwide in multiple facilities at JRF and PRI. In
addition, Genaissance will reserve capacity in its HAPtyping(TM) facilities to
assist JRF and PRI in the determination of HAP(TM) Markers in clinical trial
samples. Financial terms of the agreement were not disclosed.
"We are delighted to have JRF and PRI join our HAP2000(TM) program. Our
agreement to apply Genaissance HAP(TM) Technology to JRF's and PRI's
pharmaceutical research and development efforts demonstrates their
forward-thinking commitment to pharmacogenomics," said Gualberto Ruano, M.D.,
Ph.D., Chief Executive Officer of Genaissance.
Genaissance HAP(TM) Technology encompasses the Isogenomics(TM) database of
HAP(TM) Markers for pharmaceutically relevant genes and the proprietary
DecoGen(TM) Informatics system. Genaissance uses a proprietary approach to
organize multiple points of gene variation (single nucleotide polymorphisms,
SNPs) into HAP(TM) Markers (haplotypes), and correlate the information with
clinical outcomes. The DecoGen(TM) Informatics system, which is designed with
an intuitive graphical user interface, provides data management and genetic
analysis capabilities including correlation of HAP(TM) Markers and drug
response.
Genaissance Pharmaceuticals, Inc. is a leader in applying population
genomics, informatics and clinical data to the development of personalized
medicines. Genaissance discovers genomic markers that are predictive of drug
response. The Company markets its technology to the biopharmaceutical
industry as a complete solution for improving the development, marketing and
prescribing of drugs. Genaissance is located in Science Park in New Haven,
Connecticut. Please visit http://www.genaissance.com for additional
information.
This press release contains forward-looking statements, including
statements about the ability of Genaissance to apply its technologies to the
development, marketing and prescribing of drugs. Such statements are subject
to certain factors, risks and uncertainties that may cause actual results,
events and performance to differ materially from those referred to in such
statements, including the acceptance of our technology by the
biopharmaceutical industry as well as those risks identified in the
Genaissance registration statement on Form S-1 (Registration No. 333-35314)
filed with the Securities and Exchange Commission.
SOURCE Genaissance Pharmaceuticals, Inc.
-0- 11/27/2000
/CONTACT: Paul Oestreicher, Ph.D, of Genaissance Pharmaceuticals, Inc.,
203-786-3490, p.oestreicher@genaissance.com; or Rhonda Chiger for Genaissance
Pharmaceuticals, Inc., 917-322-2569, rchiger@nexusIR.com/
Photo Notes: /NewsCom: http://www.newscom.com/cgi-
bin/prnh/20001024/NYTU035LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467/
Web Site: /http://www.genaissance.com/
(GNSC JNJ)
CO: Genaissance Pharmaceuticals, Inc.
ST: Connecticut
IN: MTC BIO HOU
SU: LIC
JL
-- NYM038 --
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Comments (0)
Gucci Group Rejects LVMH's Allegations
Posted Tuesday, November 28, 2000 - 18:10 by BeautyCare.com
Gucci Group Rejects LVMH's Allegations and Intends to Challenge LVMH's
Proceedings in the Dutch Enterprise Chamber
AMSTERDAM, Netherlands, Nov. 27 /PRNewswire/ -- Gucci Group N.V.
(NYSE: GUC; Amsterdam) was today informed that LVMH has begun a new law suit
against the Company in the Enterprise Chamber of the Amsterdam Court of
Appeals -- another attempt by LVMH, Gucci's principle competitor, to prevent
Gucci pursuing its successful multi-brand strategy.
Gucci will oppose LVMH's action in the Enterprise Chamber, and is
confident that it will prevail. This court has previously upheld Gucci's
alliance with PPR. This partnership has been endorsed by Independent
shareholders in two interim shareholders votes and it has been a major
success, driving Gucci's multi-brand strategy and delivering significant
shareholder value. Gucci is confident that should the Enterprise Chamber
decide to hear this case it will continue to uphold the Gucci-PPR alliance.
LVMH's application in the Enterprise Chamber is yet another attempt to
prevent Gucci pursuing its successful business strategy, which places Gucci in
direct competition with LVMH in many areas of the luxury goods business. In a
counterclaim filed in October by Gucci in the District Court as part of its
defense against LVMH, Gucci asked the court to rule that LVMH, the largest
supplier of luxury leather goods and a significant shareholder in Gucci, is
abusing its position by exercising an anticompetitive influence over Gucci's
business. Accordingly, Gucci asked the court to require the orderly
divestiture of LVMH's shareholding in the Company.
Gucci notes that LVMH alleges for the first time that there were
inappropriate grants of stock options to certain members of senior management.
For the record, in July 1999 shareholders authorized 1.5 million shares for
grant under Gucci's Incentive Stock Option Plan and in June 2000 authorized an
additional 6.0 million shares. In each case, the vast majority of independent
shareholders voted in favour of the authorization. In addition, and consistent
with Gucci's long standing policies and practices, options were granted to
Gucci's senior management following a recommendation by the Remuneration
Committee of Gucci's Supervisory Board, the majority of whom are independent
Directors, and approved by the full Board, the majority of whom independent
Directors. Gucci rejects LVMH's allegations. Moreover, Gucci notes that LVMH
voted in favor of the 1999 authorization and did not oppose the 2000
authorization.
Gucci Group N.V. is one of the world's leading multi-brand luxury goods
companies. Through the Gucci, Yves Saint Laurent, Sergio Rossi and Boucharon
brands It designs, produces and distributes high-quality personal luxury
goods, Including ready to wear, handbags, luggage, small leather goods, shoes,
timepieces, jewelry, ties and scarves, eyewear, perfume, cosmetics and
skincare products. The Group directly operates scores in major markets
throughout the world and wholesales products through franchise stores, duty
free boutiques and leading department and specialty stores. The shares of
Gucci Group N.V. are listed on the New York Stock Exchange and on the
Amsterdam Stock Exchange.
SOURCE Gucci Group N.V.
-0- 11/27/2000
/CONTACT: Media - Tomaso Galli, Director of Corporate Communications of
the Gucci Group +39-02-7712-7370 NV, mobile +39-335-737-8435, or for
investors-analyst inquiries, Cedric Magnelia, Director of Investor Relations
of the Gucci Group N.V., +44-20-7898-3053, or +39-055-759-2456/
(GUC)
CO: Gucci Group N.V.
ST: Netherlands
IN: HOU
SU: LAW
JL
-- NYM114 --
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Comments (0)
The CHANEL 2001 Electronic Gift Card
Posted Tuesday, November 28, 2000 - 18:09 by BeautyCare.com
The CHANEL 2001 Electronic Gift Card You Not Only Give, You Receive
NEW YORK, Nov. 27 /PRNewswire/ -- CHANEL is pleased to introduce the
CHANEL 2001 electronic gift card, a card that not only gives to the recipient
but also to the purchaser.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001127/NYM110 )
Beginning December 5, the card will be available exclusively in all
freestanding CHANEL Boutiques in the U.S.
The cards offer a unique opportunity of giving both to the purchasers and
the recipient. The recipient of the gift card receives a shopping spree at
CHANEL, with cards starting at $2001; it will be a holiday to remember. Other
perks include a consultation with a CHANEL fashion expert, a complementary
express makeup, and an invitation to a local CHANEL Boutique event.
The purchaser receives 5000 Membership Rewards(R) Bonus Points when the
CHANEL 2001 gift card is purchased with an eligible, enrolled American Express
Card from December 5, 2000 to March 31, 2001 (in addition to the 2001
Membership Rewards points the Cardmember earns for the purchase). Also,
Cardmembers receive a Four Seasons certificate worth up to $250 towards a
future stay at any Four Seasons Hotel and Resort worldwide. As an added
convenience clients can call 1-800-550-0005 to purchase the gift card.
CHANEL, the international luxury goods company, was founded in France by
Gabrielle 'Coco' Chanel in 1912 and remains one of the world's preeminent
fashion houses today. The company, which is privately owned, strictly controls
all design, manufacturing, distribution and advertising to ensure the highest
level of quality. CHANEL offers a broad range of luxury products, including
Ready-to-Wear, fragrance, cosmetics, leather goods, watches, accessories, and
costume jewelry through a current U.S. network of 16 Boutiques, and
approximately 110 locations at select retailers. Haute Couture collections are
presented exclusively in Paris. CHANEL maintains 81 freestanding Boutiques
worldwide, including the famous House of Mademoiselle Chanel on the rue Cambon
in Paris. In 1993, CHANEL launched the CHANEL Fine Jewelry Collection. Under
the current guidance of designer Karl Lagerfeld, the House of CHANEL remains
dedicated to luxury, fashion, style and image.
SOURCE CHANEL
-0- 11/27/2000
/CONTACT: Anne Fahey of CHANEL, 212-715-4744/
Photo Notes: /NewsCom: http://www.newscom.com/cgi-bin/prnh/20001127/NYM110
AP PhotoExpress Network: PRN1
PressLink Online: 800-888-6195
PRN Photo Desk, 888-776-6555 or 201-369-3467/
CO: CHANEL
ST: New York
IN: REA TEX
SU: PDT
SL
-- NYM110 --
1982 11/27/2000 14:56 EST http://www.prnewswire.com
Comments (0)
Win an Exclusive Movie Star Makeover
Posted Tuesday, November 28, 2000 - 18:08 by BeautyCare.com
Trish McEvoy to Star in ibeauty Sweepstakes Promotion;
Win an Exclusive Movie Star Makeover
NEW YORK, Nov. 27 /PRNewswire/ -- Trish McEvoy to star in ibeauty
sweepstakes promotion. If you've ever wanted to look and feel like a movie
star, ibeauty can make your Hollywood dream come true with
"The Diamond-Studded Movie Star Makeover Weekend" sweepstakes. Simply enter
on-line to win a glamorous makeover weekend with celebrity makeup artist,
Trish McEvoy or countless other prizes, including a diamond line bracelet
valued at over $4,500.
The "Diamond-Studded Movie Star Makeover Weekend" sweepstakes is offered
exclusively at ibeauty.com. Visitors to the website can enter now through
December 31, 2000 by filling out the entry form located at
http://www.ibeauty.com. The grand prize includes a personal makeover by Trish
McEvoy, one of the world's most sought after makeup artists; two round-trip
tickets to New York City; 2 nights of first class accommodations; and
$500 spending cash. Also included in the prize will be all the Trish McEvoy
products you'll need to help re-create the look once you get home.
Trish McEvoy is a mainstay in the beauty industry and has created winning
looks for countless celebrities including Angelina Jolie, Sarah Jessica Parker
and Julia Louis Dreyfus.
First Prize is a striking 4.32 Karat Diamond Line Bracelet set in 18K
white gold which has been seen on the arms of such megastars as Cameron Diaz,
Sharon Stone and Ashley Judd. Second and third prizes include ten Trish
McEvoy Make Up Brush Sets (valued at $300) and one hundred $50 ibeauty.com
gift certificates.
About ibeauty.com
New York-based ibeauty.com is a prestige on-line e-commerce beauty site
that offers luxurious, high-end product selections, combined with leading
industry expertise. Just in time for holiday gift shopping, ibeauty.com is
offering exclusive product packages developed by Trish McEvoy that are perfect
for holiday gifts and parties. ibeauty also offers "Live Beauty Experts," a
free service for holiday shoppers and anyone seeking beauty advice year round.
This team of personal shoppers is trained on all products featured on the site
and is available at the click of a mouse.
SOURCE ibeauty.com
-0- 11/27/2000
/CONTACT: Rachel Silberberg of ibeauty.com, 212-367-6230; or Leslie Gross
of Rogers & Cowan, 646-658-8323, for ibeauty.com/
CO: ibeauty.com
ST: New York
IN: HOU MLM
SU:
DD
-- NYM128 --
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Comments (0)
Win an Exclusive Movie Star Makeover
Posted Tuesday, November 28, 2000 - 18:08 by BeautyCare.com
Trish McEvoy to Star in ibeauty Sweepstakes Promotion;
Win an Exclusive Movie Star Makeover
NEW YORK, Nov. 27 /PRNewswire/ -- Trish McEvoy to star in ibeauty
sweepstakes promotion. If you've ever wanted to look and feel like a movie
star, ibeauty can make your Hollywood dream come true with
"The Diamond-Studded Movie Star Makeover Weekend" sweepstakes. Simply enter
on-line to win a glamorous makeover weekend with celebrity makeup artist,
Trish McEvoy or countless other prizes, including a diamond line bracelet
valued at over $4,500.
The "Diamond-Studded Movie Star Makeover Weekend" sweepstakes is offered
exclusively at ibeauty.com. Visitors to the website can enter now through
December 31, 2000 by filling out the entry form located at
http://www.ibeauty.com. The grand prize includes a personal makeover by Trish
McEvoy, one of the world's most sought after makeup artists; two round-trip
tickets to New York City; 2 nights of first class accommodations; and
$500 spending cash. Also included in the prize will be all the Trish McEvoy
products you'll need to help re-create the look once you get home.
Trish McEvoy is a mainstay in the beauty industry and has created winning
looks for countless celebrities including Angelina Jolie, Sarah Jessica Parker
and Julia Louis Dreyfus.
First Prize is a striking 4.32 Karat Diamond Line Bracelet set in 18K
white gold which has been seen on the arms of such megastars as Cameron Diaz,
Sharon Stone and Ashley Judd. Second and third prizes include ten Trish
McEvoy Make Up Brush Sets (valued at $300) and one hundred $50 ibeauty.com
gift certificates.
About ibeauty.com
New York-based ibeauty.com is a prestige on-line e-commerce beauty site
that offers luxurious, high-end product selections, combined with leading
industry expertise. Just in time for holiday gift shopping, ibeauty.com is
offering exclusive product packages developed by Trish McEvoy that are perfect
for holiday gifts and parties. ibeauty also offers "Live Beauty Experts," a
free service for holiday shoppers and anyone seeking beauty advice year round.
This team of personal shoppers is trained on all products featured on the site
and is available at the click of a mouse.
SOURCE ibeauty.com
-0- 11/27/2000
/CONTACT: Rachel Silberberg of ibeauty.com, 212-367-6230; or Leslie Gross
of Rogers & Cowan, 646-658-8323, for ibeauty.com/
CO: ibeauty.com
ST: New York
IN: HOU MLM
SU:
DD
-- NYM128 --
2106 11/27/2000 15:44 EST http://www.prnewswire.com
Comments (0)
Introducing ParentPages.com ...
Posted Wednesday, November 15, 2000 - 14:49 by BeautyCare.com
Introducing ParentPages.com ...
A Brand-New Digital Marketplace for Parents and Parents-To-Be!!
ParentPages.com Makes a Stellar Debut at Its Launch Event
BEVERLY HILLS, Calif., Nov. 15 /PRNewswire/ -- ParentPages.com, the
essential directory for parents and parents-to-be, officially launched on
November 1st with a gala celebration at the Four Seasons Hotel in Beverly
Hills. Held in the ballroom, the event was sponsored by Jive Records, GAP
Kids, E-Style.com, and Universal. The flowers were provided by the renowned
Kevin Lee at LA Premier, whose credits include Jennifer Aniston and Brad
Pitt's wedding.
The first on-line yellow pages for parents and parents-to-be,
ParentPages.com is an extension of the print publication, ParentPages. With
over 10 editions in cities such as West Los Angeles, San Diego, Portland,
Seattle, San Francisco, and more, ParentPages provides parents with an
easy-to-use, comprehensive database of services in their area. Currently,
ParentPages is reaching more than 2 million parents with the aim to expand
that to 4 million in 2001, and 10 million in 2002.
Now with ParentPages.com, parents can log on, enter their zip code, and
access information for their specific location in over 10 categories, and
350 subcategories. Categories include: Activities, Camps, Child Care,
Education, Health Care, Marketplace, Parties, Pregnancy & Infants,
Professional Services, and Web Pages. In addition, on ParentPages.com,
parents can create "My ParentPages," a feature similar to "My Yahoo(TM)," "My
AOL(TM)," and "My Schwab(TM)."
ParentPages.com site features include: an essential guide with localized
content, full-service hosting and support for an e-commerce jumbo store with
"click and build" features for small and medium sized businesses, a dynamic
calendar of events, ticketing in partnership with a prominent vendor
(including ticket swap capability), an online auction, commissioned articles
and journalism by prominent writers and artists, live audio & video broadcast,
international chat with in-language translation, links to parent-related
organizations, e-mail subscription (updates & newsletters), customizable pages
with an entertaining and easy-to-use interface, ParentPages shopping
(affiliate listings and retail merchandising), online subscriptions and
contributions, and more.
Founded by Elaine and Michael Popovsky, ParentPages arose from Elaine's
needs during her own pregnancy. As she comments, "I was looking for fitness
resources for pregnant ladies, and I found...NOTHING!!" As the President and
Founder, and the parent of 5, Elaine feels that ParentPages.com is "a
necessity in every busy parent's life. You can plan your child's summer
activities or a thematic birthday party there in no time at all!!"
As CEO and Founder, Michael Popovsky, comments, "I have worked with the
print publication for over 4 years, and have done extensive research on
parenting publications, and what parents want. I feel that with the extensive
expertise that ParentPages has, we will be successful in building a localized
parent community and digital marketplace on line."
If you are interested in covering ParentPages.com and/or the launch event,
please contact Publicity: Melissa Dishell at Dishell Multimedia Group
310-859-8513 or dmgla@aol.com.
SOURCE ParentPages.com
-0- 11/15/2000
/CONTACT: Melissa Dishell of Dishell Multimedia Group, 310-859-8513,
dmgla@aol.com, for ParentPages.com/
CO: ParentPages.com
ST: California
IN: HOU MLM
SU: PDT
HS-MS
-- LAW064 --
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Comments (0)
Holiday Online Shopping Just Got Easier
Posted Wednesday, November 15, 2000 - 14:48 by BeautyCare.com
Holiday Online Shopping Just Got Easier:
WhenUShop, The First Tool That Lets Consumers Cut Through E-Tail Chaos,
Vanquishes E-Shoppers' Biggest Headaches
A Free Tool Consumers Install from WhenU.com, WhenUShop Solves Navigation
Confusion, Saves Time and Identifies Special Deals,
Hidden Costs and Delivery Data
Unaffiliated with Any E-tailer or Portal, WhenUShop Appears Seamlessly at
350 Top E-tail Sites; Online Shopping is Standardized, Streamlined
NEW YORK, Nov. 15 /PRNewswire/ -- Giving consumers the convenient and
powerful shopping experience that the Web has long promised, WhenUShop, a new
Internet software utility from WhenU.com, is set to solve a host of nagging
online shopping problems. WhenUShop has launched just as consumers and
e-tailers gear up for the world's second full-fledged e-holiday season.
"The Internet hasn't really lived up to its potential to empower
consumers, help them shop faster and get better deals. In fact, the Internet
has created a host of new problems for the online shopper: hard-to-navigate
Web sites; non-standard formats that breed confusion; hard-to-find
money-saving deals and coupons, and last-minute surprises like
higher-than-expected shipping costs. It's no wonder that close to 65% of all
online shopping carts are abandoned before purchase," said Avi Naider,
WhenU.com's CEO.
"WhenUShop is designed to overcome these hurdles and transform online
shopping -- and finally give the advantage to the online consumer," Mr. Naider
added.
WhenUShop is the first tool that standardizes and centralizes important
retailer information in an easy-to-use, at-a-glance format -- at more than
350 of the top online stores, from Amazon.com to Wine.com. After installing
the free WhenUShop software from WhenU.com in under one minute, the slim
WhenUShop toolbar appears on the left-hand side of the screen whenever the
consumer visits an e-tail site. WhenUShop disappears when the user goes to a
non-retail site.
WhenUShop scans e-tailer sites and provides essential information --
including shipping costs, coupons, rewards, gift services, rebate programs,
special holiday deals and sales tax -- and lets users access the information
from a simple format on the screen that resembles a cell phone keypad. The
upshot: Online shopping is standardized, streamlined and made much faster and
easier.
The Only Way Fast Way to Capitalize on the Web's Rebates, Specials and
Coupons
Almost 60% of e-tail sites offer coupons and rebates that can save
shoppers from 5% to 50%, according to WhenU.com. But most online shoppers
don't take advantage of these money-saving deals, or even know they exist,
because the deals often come from third parties or aren't clearly marked at
e-tailer sites. WhenUShop scours the Web for the best coupons and rebates and
shows them to consumers before they start shopping.
Making Sure Holiday Online Shopping Keeps its Cheer - and Promises
More than a fifth of people shopping online last holiday season said high
shipping and handling costs presented a problem. In addition, nearly a
quarter of all orders arrived too late for the buyers' tastes. WhenU.com
helps clear up this problem: At each site, WhenUShop displays key information
on gift-wrapping services; holiday delivery times and charges, and special
holiday deals.
No More Unpleasant Surprises at Check-Out
When it comes time to check-out, even the most sophisticated online
shoppers can get stung by unpleasant surprises: higher-than-expected shipping
costs, gift wrap fees and state taxes. That's because many retailers don't
display this information clearly until the last stages of the check-out
process. WhenUShop gives the "full story" to consumers -- before they shop.
The keypad displays the e-tailer's "buried" shipping, tax and gift-wrap
charges the moment the user arrives at the e-tailer's site.
The Straight Dope On Customer Service - Right Away
According to Business 2.0, 41% of online shoppers say the biggest drawback
to online shopping is customer service. WhenUShop gives consumers critical
information on retailer customer service by clearly displaying the online
store's retailer refund policies; customer service contact info, and site
ratings on on-time delivery and other key performance measures. Again, this
information is available at the WhenUShop keypad within seconds of arriving at
the retailer's site.
Comparison Shopping Made Easy, Saving Minutes, if not Hours
Online shoppers typically have to wade through pages of confusing
information at each retail site to get the information they need to make
comparisons. The WhenUShop keypad has a box that lets shoppers search across
the top 350 online shopping sites on the specific criteria the individual
shopper cares about. With one click, shoppers can compare prices, shipping
costs, tax rates, delivery times, return policies, gift wrapping, credit card
security and privacy policies.
WhenUShop Business Model
The WhenUShop software tool is completely free to consumers. It generates
business-to-business revenues in three ways: through e-commerce transaction
fees from partners who are featured while customers install WhenUShop from
WhenU.com; through the sale of real estate on the WhenUShop toolbar to online
service providers, such as rebaters and rewards programs; and through
versioning and co-branding programs for affinity groups and corporations.
WhenU.com was founded in February 2000 by Gayatri Sondhi, Nevada Powe and
Avi Naider. Ms. Sondhi and Mr. Powe are former partners of The Boston
Consulting Group, and the original seed investors in WhenU.com. Mr. Naider
formerly worked at the Boston Consulting Group and AEA Investors Inc.
WhenU.com's other investors include Access Technology Capital, a technology
fund, and Ephraim Gildor, the founder of Arbitrade Holdings.
For more information, go to WhenU.com, and install WhenUShop.
SOURCE WhenU.com
-0- 11/15/2000
/CONTACT: Elizabeth Case of Sommerfield Communications, Inc.
212-255-8386, elizabeth@sommerfield.com, for WhenU.com/
CO: WhenU.com
ST: New York
IN: REA MLM HOU
SU: PDT
EF
-- NYW069 --
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Comments (0)
HouseHold Direct Launches E-Commerce Platform Using ArsDigita's Open-Source E-Business Solutions
Posted Wednesday, November 15, 2000 - 14:47 by BeautyCare.com
HouseHold Direct Launches E-Commerce Platform Using ArsDigita's Open-Source
E-Business Solutions
NEW YORK, Nov. 15 /PRNewswire/ -- HouseHold Direct.com, Inc.
(OTC Bulletin Board: BYIT). HouseHold Direct announced today the launch of an
upgraded version of their Web Site (http://www.householddirect.com) built
using the ArsDigita Community System (ACS) open-source e-business platform and
applications.
The updated Web Site is built to accommodate the full integration of
partner and acquisition business practices into a common enterprise-wide
communication system. This becomes especially important as HouseHold Direct
adds additional relationships with manufacturers, distributors and retailers
nationwide.
HouseHold Direct's mission is to create the largest and most powerful
private wholesale online consumer-buying network in the world. By offering a
revolutionary new business model that eliminates the traditional retail
mark-up on brand name products, HouseHold Direct is changing the way people
find value using the Web. The shopping platform adds increased efficiency and
profitability as it creates a new medium of information transfer directly
between consumers and manufacturers.
"We're excited to launch our new e-commerce platform, as it will add
significant value to our partners by allowing suppliers, distributors and
retailers to easily collaborate online," said John Folger, CEO of HouseHold
Direct. "ArsDigita's e-business solution is the foundation for our online
collaboration. We chose to work with ArsDigita because they not only had
software to meet our technology needs but also because ACS will allow us to
scale our infrastructure as our business continues to flourish."
ArsDigita's ACS includes an open-source e-business platform and
applications for organizations using collaboration to drive online success.
ArsDigita collaboration applications enable and support the interactions among
and within organizations involved in buying, selling or exchanging goods,
services and information online. (To read how collaboration improves the
effectiveness of e-business, visit http://www.arsdigita.com/pages/many2many).
ACS applications enable five core e-business requirements: collaboration,
content management, commerce, personalization, and administration. ACS
provides an application development platform with fully integrated
applications that enable customers to develop Web environments more rapidly
and with less cost then traditional methods.
About ArsDigita
ArsDigita Corporation is the worldwide leader in software solutions for
collaborative commerce. Some of the world's largest organizations rely on the
ArsDigita Community System (ACS), the company's open-source, freely
distributed application development platform, to drive their online success.
Web sites and technologies incorporating the company's software include
Hewlett-Packard, Siemens, America Online and Oracle Corporation. Backed by
General Atlantic, Greylock, Trident Partners and Bain & Company, ArsDigita has
grown to eight offices in the United States, Europe and the Far East. For
more information, visit http://arsdigita.com.
About HouseHold Direct
The mission of HouseHold Direct is to empower consumers by creating the
largest and most powerful private wholesale consumer-buying network in the
world. HouseHold Direct is pursuing a market consolidation strategy within
the wholesale membership industry through its "brick and click" shopping
platform. Central to this strategy is the ability to offer direct
manufacturer and distributor pricing, extensive information, merchandise
expertise, fulfillment capabilities, in-home delivery and quality customer
service to our members. This superior personalized shopping environment and
consumer experience creates the ability to "live much better for much less".
Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, the statements in this press release are
forward-looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
the company's actual results in future periods to differ materially from
forecasted results. These risks and uncertainties include, among other things,
product price volatility, product demand, market competition, risk inherent in
the company's domestic and international operations, imprecision in estimating
product reserves and the company's ability to replace and expand its holdings.
CONTACT: E-mail: infohhd@householddirect.com
CONTACT: Investor Relations - SmartStockAdvisor.com
Toll Free: 877-643-8821, E-mail: smartstockadvisor@yahoo.com
SOURCE HouseHold Direct.com, Inc.
-0- 11/15/2000
/CONTACT: HouseHold Direct.com, Inc., 877-643-8821, or
infohhd@householddirect.com, or smartstockadvisor@yahoo.com/
Web Site: /http://www.householddirect.com/
(BYIT)
CO: HouseHold Direct.com, Inc.
ST: New York
IN: MLM HOU REA
SU: PDT
BV
-- NYW093 --
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Comments (0)
Intimate Brands (Victoria's Secret/Bath & Body Works)
Posted Wednesday, November 15, 2000 - 14:46 by BeautyCare.com
Intimate Brands (Victoria's Secret/Bath & Body Works)
Reports Third Quarter Earnings
COLUMBUS, Ohio, Nov. 14 /PRNewswire/ -- Intimate Brands, Inc. (NYSE: IBI),
the parent company of Victoria's Secret and Bath & Body Works, today reported
earnings per diluted share of $0.09 for the third quarter ended October 28,
2000 compared to $0.08 last year, a 13% increase. Net sales of $925.1 million
increased 14% over last year's third quarter, driven by a 6% comparable store
sales increase and a 13% increase in total selling square feet. Third quarter
operating income of $80.1 million increased 11% over last year's $72.1
million, and net income was $43.2 million, a 12% increase over third quarter
1999.
Year-to-date, net sales increased 14% to $3.087 billion, driven by a 9%
comparable store sales increase and a 9% increase in total selling square
feet. Earnings per diluted share of $0.42 was up 20% compared to $0.35 last
year.
Leslie H. Wexner, Chairman and Chief Executive Officer, said, "We were
pleased to report a solid third quarter performance. Victoria's Secret results
were driven by demand for the Body by Victoria seamless lingerie collection,
new product introductions and the Dream Angels fine fragrance line. Victoria's
Secret Stores and Beauty recorded an 8% comparable store sales increase for
the quarter and Victoria's Secret Direct sales grew 7%. Both businesses
recorded gains in operating income.
"Bath & Body Works recorded a 5% comparable store sales gain. The business
entered the performance hair and face care category for the first time in
September with strong customer response. The White Barn Candle Co. home
fragrance brand continued to deliver good year-over-year sales growth. These
product initiatives helped produce a 27% gain in Bath & Body Works' operating
income."
The Company stated that it was comfortable with the current range of First
Call earnings per share estimates for the fourth quarter of 2000 of $0.65 to
$0.67.
About Intimate Brands, Inc.:
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 October 28, 2000, Victoria's Secret products
are available through 872 lingerie and 455 beauty stores (of which 55 are
stand-alone), the Victoria's Secret Catalogue and online at
VictoriasSecret.com. The Company offers a broad selection of personal care,
home fragrance and decor products through 1,393 Bath & Body Works and 110
White Barn Candle Company stores (of which 17 are stand-alone). The White Barn
Candle Co. was launched in 1999 as the newest brand in the Intimate Brands
portfolio.
Intimate Brands will be hosting a live third quarter earnings conference
call following this release on Tuesday, November 14 at 4:30 p.m. EST. To
access this call, please dial 800-553-2239 by 4:20 p.m. and ask for the
Intimate Brands third quarter conference call or log onto our web site at
IntimateBrands.com to hear the live webcast. A replay of the call can be
accessed by calling 800-696-1585, code IBI (424) or through
IntimateBrands.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: All forward-looking statements made by the Company in this press
release, including the attachments, 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, the performance assumptions in this press release, including the
attachments, changes in consumer spending patterns, consumer preferences and
overall economic conditions, the impact of competition and pricing, changes in
weather patterns, political stability, currency and exchange risks and changes
in existing or potential duties, tariffs or quotas, postal rate increases and
charges, paper and printing costs, availability of suitable store locations on
appropriate terms, ability to develop new merchandise and ability to hire and
train associates, and other factors that may be described in the Company's
filings with the Securities and Exchange Commission. The forward-looking
information provided in this press release, including the attachments, is
based on information available to the Company as of the date of the release.
The Company does not undertake 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.
INTIMATE BRANDS, INC.
CONSOLIDATED STATEMENTS OF INCOME
Thirteen Weeks Ended October 28, 2000 and October 30, 1999
(In thousands except per share data)
(Unaudited)
2000 % of Sales 1999 % of Sales
Net Sales $925,108 - $814,158 -
Gross Income 359,019 38.8% 315,678 38.8%
Gen'l, Admin. &
Oper. Exp. 278,900 30.1% 243,620 29.9%
Operating Income 80,119 8.7% 72,058 8.9%
Interest Expense (8,023) -0.9% (7,915) -1.0%
Other Income, Net 0 0.0% 0 0.0%
Income Before
Income Taxes 72,096 7.8% 64,143 7.9%
Income Taxes 28,900 3.1% 25,700 3.2%
Effective Rate 40.1% - 40.1% -
Net Income $43,196 4.7% $38,443 4.7%
Diluted Earnings
per Share $0.09 - $0.08 -
Dividends Per Share $0.07 - $0.07 -
Weighted Average
Diluted Shares 496,440 - 505,626 -
INTIMATE BRANDS, INC.
CONSOLIDATED STATEMENTS OF INCOME
Thirty-nine Weeks Ended October 28, 2000 and October 30, 1999
(In thousands except per share data)
(Unaudited)
2000 % of Sales 1999 % of Sales
Net Sales $3,087,139 - $2,709,088 -
Gross Income 1,198,315 38.8% 1,036,135 38.2%
Gen'l, Admin.
& Oper. Exp. 831,257 26.9% 713,445 26.3%
Operating Income 367,058 11.9% 322,690 11.9%
Interest Expense (18,723) -0.6% (24,673) -0.9%
Other Income, net 3,131 0.1% 2,035 0.1%
Income Before Taxes 351,466 11.4% 300,052 11.1%
Income Taxes 140,600 4.6% 120,000 4.4%
Effective Rate 40.0% - 40.0% -
Net Income $210,866 6.8% $180,052 6.6%
Diluted Earnings
Per Share $0.42 - $0.35 -
Dividends Per Share $0.21 - $0.21 -
Weighted Average
Diluted Shares 500,701 - 508,575 -
SOURCE Intimate Brands, Inc.
-0- 11/14/2000
/CONTACT: Debbie J. Mitchell, VP, Communications & Investor Relations of
Intimate Brands, Inc., 614-415-7546/
Web Site: /http://www.intimatebrands.com/
(IBI)
CO: Intimate Brands, Inc.
ST: Ohio
IN: REA
SU: ERN
LA-JJ
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Executive Management Change at Intimate Brands
Posted Wednesday, November 15, 2000 - 14:44 by BeautyCare.com
Executive Management Change at Intimate Brands
COLUMBUS, Ohio, Nov. 14 /PRNewswire/ -- Intimate Brands, Inc. (NYSE: IBI)
announced today that Michael Newman, Vice President and CFO, plans to leave
the company effective year-end. An external search for his successor is
beginning immediately to ensure an orderly transition.
According to Mr. Newman, "While I found my time with Intimate Brands
extremely stimulating professionally, and I am impressed with the caliber of
management and talent at the company, I am in the fortunate position of being
able to make a life choice and change the focus of my time. I am resigning in
order to emphasize family and pursue other personal and community interests."
About Intimate Brands, Inc.:
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 October 28, 2000, Victoria's Secret products
are available through 872 lingerie and 455 beauty stores (of which 55 are
stand-alone), the Victoria's Secret Catalogue and online at
VictoriasSecret.com. The Company offers a broad selection of personal care,
home fragrance and decor products through 1,393 Bath & Body Works and 110
White Barn Candle Co. stores (of which 17 are stand-alone). The White Barn
Candle Co. was launched in 1999 as the newest brand in the Intimate Brands
portfolio.
SOURCE Intimate Brands, Inc.
-0- 11/14/2000
/CONTACT: Debbie J. Mitchell, VP, Communications & Investor Relations of
Intimate Brands, Inc., 614-415-7546/
Web Site: /http://www.intimatebrands.com/
(IBI)
CO: Intimate Brands, Inc.
ST: Ohio
IN: REA
SU: PER
MG-JS
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Let Spa Therapy go to Your Head; Wella Helps Salons Create Hair Wellness Centers(SM)
Posted Wednesday, November 15, 2000 - 14:42 by BeautyCare.com
Let Spa Therapy go to Your Head;
Wella Helps Salons Create Hair Wellness Centers(SM)
NEW YORK, Nov. 15 /PRNewswire/ -- We all work hard and play hard. We
finally understand how to "de-stress" and know that spa treatments are not a
luxury in today's society, but a must to keep ourselves sane. We get deep
massages, body wraps and understand reflexology. Now finally for the first
time there is a spa treatment to focus on the place where you hold the most
stress -- your head.
For the first time Wella, the leader in professional hair care, puts spa
hair therapy into the hands of salon stylists, through the use of the Lifetex
Wellness(TM) haircare regimen and the Wella Hair Wellness Center(SM) program.
Stylists can now create a totally new salon experience for clients with
customized hair and scalp spa treatments based on nourishing products and
pampering services. The Wella Hair Wellness Center(SM) takes beauty to a new
level and stretches salon services beyond pampering.
After a trained "hair wellness" expert analyzes your hair and scalp, and
determines what kind of "head case" you are, you'll be treated to a Lifetex
Wellness(TM) Purity Wash and Rinse to clean away daily pollutants. Next, your
stylist will choose from the Wella Mixology Guide, one-of-six pampering hair
wellness recipes: Avocado Light, Grapefruit Kicker, Tamarind Life Saver,
Avocado Drench, Jojoba Splash, and Heaven Scent.
Stylists follow the recipes for the customized hair care treatments with
the Lifetex Wellness products at the Wella Juice Bar, which is stocked with
all the right ingredients and tools to pamper your hair. Try one of the
following treatments: 7th Heaven calming hair tonic, with Chamomile to
de-stress the scalp; Energy Up(TM), an energizing hair tonic with Vitamin H to
invigorate the scalp; or Sunny Daze, a glossing additive with natural
sunflower oil to glaze the hair and add shine. Each is combined with a
special step-by-step head massage technique to further enhance the hair spa
experience.
Next, your stylist will combine one of Wella's three essential oils --
Rosemary, a great hair and scalp purifier and energizer; Chamomile, a scalp
soother and calmer; or Sandalwood, a super stress-reducer -- with one of the
Lifetex Wellness(TM) Vitality Blasts. The Blasts include: Flash Flood with
hydrating Jojoba for dry or damaged hair; or Power Plant(TM) with energizing
Bamboo for fine or limp hair. Once the customized potion is applied, enjoy
sitting under Wella's Wellapor(TM) Steamer, which maximizes the penetration of
the Lifetex Wellness(TM) essential oils and Vitality Blasts into the pores of
the scalp and the hair follicles, for the ultimate conditioning treatment.
The Lifetex Wellness(TM) product regimen contains six natural elements to
rejuvenate the hair and scalp. Aloe Vera Extract and Vitamin E restore lost
moisture. Nettle and Sage Extract add life and vitality. Chestnut and Birch
Extract support and nourish the hair. All Lifetex Wellness(TM) products are
non-petro chemical based formulas, free of DEA, MEA and Sodium Lauryl Sulfate
and are not tested on animals.
SOURCE Wella
-0- 11/15/2000
/CONTACT: Shawne Berlin Kanter of Tractenberg & Co., 212-929-7979, for
Wella/
CO: Wella
ST: New York
IN: HOU
SU:
AE
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Comments (0)
Brown-Forman Analyst Presentation Available on Website
Posted Tuesday, November 14, 2000 - 16:01 by BeautyCare.com
Brown-Forman Analyst Presentation Available on Website
Brown-Forman Corporation participated in yesterday's Morgan Stanley
Global Consumer Group Conference in New York City. Brown-Forman Senior Vice
President of Corporate Development John Bridendall presented information about
the company's global brand-building activities, with particular emphasis on
Jack Daniel's Tennessee Whiskey.
The Brown-Forman presentation is being furnished for anyone to see via
the company's website. Those interested should go to http://www.brown-forman.com ,
click on "Investor Information," and then click on "Presentations" (at bottom
left of this page). The text and slides of Bridendall's speech are available,
and one should first click on "Presentation Speech Transcript" and print the
text before returning to the "Presentations" page and clicking on "Corporate
Presentation" to see the slides. Those with Real Player or a similar media
software program may also be able to see a Jack Daniel's television ad shown
during the Morgan Stanley Conference.
Brown-Forman Corporation is a diversified producer and marketer of fine
quality consumer products, including Jack Daniel's, Canadian Mist, Southern
Comfort, Fetzer and Bolla wines, Korbel California Champagnes, Lenox, Dansk,
and Gorham tableware and giftware, and Hartmann Luggage.
SOURCE Brown-Forman Corporation
-0- 11/09/2000
/PRNewswire -- Nov.9/
/CONTACT: Phil Lynch, Vice President, Corporate Communications of Brown-
Forman Corporation, 502-774-7928/
Web Site: /http://www.brown-forman.com /
(BF.B)
CO: Brown-Forman Corporation
ST: Kentucky
IN: HOU FOD
SU:
LR-CM
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fashionmall.com Enters the Music and Entertainment Markets
Posted Tuesday, November 14, 2000 - 16:01 by BeautyCare.com
fashionmall.com Enters the Music and Entertainment Markets
- TWEC.COM Signs on as the Premiere Partner for This New Category -
NEW YORK, Nov. 10 /PRNewswire/ -- fashionmall.com, Inc. (Nasdaq: FASH) is
making its first foray into the music and entertainment markets by signing
TWEC.COM on as its premiere link to entertainment on fashionmall.com.
TWEC.COM is the e-commerce web site of Trans World Entertainment
Corporation (Nasdaq: TWMC), one of the largest retailers of entertainment
products in the United States.
As a result of the partnership, TWEC.COM is now the sponsor of the
Trendsetter's Edge Page, on fashionmall.com. In addition, TWEC.COM is featured
on the Teen, Women's and What's New pages. TWEC.COM provides an exclusive
music page that features the hottest music titles available, with links to buy
the titles at TWEC.COM. In the coming weeks, TWEC.COM will be featured on the
Free Gifts and Giveaways page at fashionmall.com. TWEC.COM will be represented
in the fashionmall.com weekly e-mail newsletter, promoting upcoming new music
releases.
"Moving into the entertainment space is a great opportunity for
fashionmall.com," says Ben Narasin, CEO and president, fashionmall.com, "And
TWEC.COM is a great company for us to partner with."
"By aligning ourselves with fashionmall.com, we have expanded our customer
base and the reach of our entertainment product offerings in time for the
holiday season," said Mike Madden, COO of Trans World Entertainment.
"Customers will now have a one-stop-shop where they can purchase fashions,
accessories, music, movies and more all in one convenient shopping
environment."
fashionmall.com, Inc. (Nasdaq: FASH) operates vertical portals focused on
fashion, accessories, footwear, beauty and related lifestyle products, and
generates revenue through advertising, sponsorship and slotting fees.
Established in 1994, the firm's properties include http://www.boo.com,
http://www.fashionmall.com, http://www.outletmall.com and
http://www.styleexperts.com.
Trans World Entertainment Corporation (Nasdaq: TWMC) is one of the largest
specialty music and video retailers in the United States. The Company
currently operates over one thousand stores in 45 states, the District of
Columbia, Puerto Rico and the U.S. Virgin Islands, and operates an e-commerce
site at http://www.twec.com. Mall locations include Camelot Music, Record
Town, The Wall and F.Y.E. Freestanding locations include Coconuts Music and
Movies, Strawberries Music, Spec's and Planet Music. With worldwide
distribution spanning 16 countries in addition to the United States,
http://www.twec.com features all of the music CDs and cassettes, video games,
DVD and VHS (PAL and NTSC) home videos that are available at its retail
stores, and more. TWEC.COM features live concerts, online chats, in-store
artist appearance schedules, in-studio performances and entertainment media
that is on-demand.
Statements in this press release, other than statements of historical
fact, are "forward-looking statements." Such statements are subject to certain
risks and uncertainties, identified from time to time in the company's filings
with the Securities and Exchange Commission, which could cause actual results
to differ materially from any forward-looking statements. These
forward-looking statements represent the company's judgment as of the date of
release. The company disclaims, however, any interest or obligations to update
these forward-looking statements.
SOURCE fashionmall.com, Inc.
-0- 11/10/2000
/CONTACT: Public Relations, fashionmall.com, Inc., 212-891-6862,
press@fashionmall.com/
Web Site: /http://www.fashionmall.com
http://www.boo.com
http://www.outletmall.com
http://www.styleexperts.com
http://www.twec.com/
(FASH TWMC)
CO: fashionmall.com, Inc.; Trans World Entertainment Corporation
ST: New York
IN: ENT MLM REA
SU: JVN
AG-AE
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The California Fashion Industry Friends of AIDS Healthcare Foundation to Honor Designer Nicole Miller in Remembrance of Worlds AIDS Day 2000
Posted Tuesday, November 14, 2000 - 15:59 by BeautyCare.com
The California Fashion Industry Friends of AIDS Healthcare Foundation to Honor
Designer Nicole Miller in Remembrance of Worlds AIDS Day 2000
Miller to Debut First Ever Men's Collection at Black Tie Gala and Fashion Show
Benefiting Nation's Largest HIV/AIDS Medical Provider
Cheryl Tiegs to Receive First Annual 'M-A-C Cosmetics Fashion Icon Award'
LOS ANGELES, Nov. 10 /PRNewswire/ -- The California Fashion Industry
Friends of AIDS Healthcare Foundation (formerly known as California Fashion
Industry Friends of AIDS Project Los Angeles) will honor award-winning
American designer NICOLE MILLER Wednesday, November 29th at its 11th annual
black tie gala and fundraiser at the Regent Beverly Wilshire Hotel in Beverly
Hills. Highlighting the evening will be a runway show described as "pure
Hollywood glamour" ... sexy evening wear ... beaded dresses ... along with a
retrospective of vintage NICOLE MILLER. The fashion presentation will be
punctuated with a sneak preview of her Spring 2001 collection and the eagerly
awaited debut of her new men's collection. Frederic Fekkai will style the
models' hair and M-A-C will create their makeup.
The celebrity-packed event marks the first time a woman designer has been
honored. Past honorees have included: ADRIAN, GEOFFREY BEENE, BOB MACKIE, THE
BEST OF HOLLYWOOD'S ACADEMY AWARD WINNING COSTUME DESIGNERS, GIANNI VERSACE,
THIERRY MUGLER, CALVIN KLEIN, ISAAC MIZRAHI, GIANFRANCO FERRE AND TODD OLDHAM.
Among those expected to attend: Emmy-award winning actress Jane Seymour, who
will present the 11th Annual California Fashion Industry Friends Award to
Miller, Dylan McDermott and Shiva Rose, David Hyde Pierce, Jane Krakowski,
Fran Drescher, Carol Alt, Kelly LeBrock, Mimi Rogers, Antonio Sabato, Jr.,
Alison Eastwood and more. In addition to the fashion show and sit-down
dinner, guests will be treated to a cocktail reception and silent auction
featuring accessory-filled designer handbags, briefcases and overnight bags.
"I am very excited about being honored on November 29th," said Miller.
"After visiting the Carl Bean House and seeing over the years how AIDS has
affected the world, I am proud to be a part of this amazing evening."
"As the number of women and children being infected with HIV and AIDS
continues to increase, designers like Nicole Miller, Donna Karan, Norma
Kamali, Karen Kane, Paloma Picasso and others have helped play a crucial role
countering the perception that AIDS is only considered a 'gay man's disease,'"
said Michael Anketell, event founder and executive chairman. "These women
have valiantly brought AIDS to the forefront of the American public's
conscience and continue to keep it there. In recognizing Nicole from among
those amazing American fashion icons, we honor both her talent and her
perseverance in the fight against AIDS."
Internationally renowned supermodel, turned fitness enthusiast and
accomplished business woman Cheryl Tiegs will be the recipient of the first
annual "M-A-C Cosmetics Fashion Icon Award," presented to an individual who
has achieved recognition and distinction in the fashion industry through his
or her own personal sense of style.
M-A-C (Make-up Art Cosmetics), the leading brand of professional
cosmetics, was created in Toronto, Canada in 1985. The company's popularity
has grown through a tradition of word-of-mouth endorsement from makeup
artists, models, photographers and journalists around the world. Founded in
1994, The M-A-C AIDS Fund is dedicated to supporting men, women and children
living with HIV and AIDS. Since its inception, The M-A-C AIDS Fund has raised
over 16 million US dollars from the sale of Viva Glam lipsticks and Kids
Helping Kids greeting cards. M-A-C presents this award in their continuing
effort to bring awareness to exceptional individuals in the field of fashion
and popular culture.
"M-A-C's mantra is 'All Races. All Sexes. All Ages' and M-A-C is
thrilled to honor Cheryl Tiegs, who has held such an iconic position in the
world of fashion and beauty," says John Demsey, President of M-A-C Cosmetics.
Established in 1987, AIDS Healthcare Foundation serves over 5,000 Greater
Los Angeles patients, regardless of their ability to pay, at six out-patient
AHF Healthcare Centers and one residential care facility and through such
varied support systems as: the WOMENSCARE CENTER, which provides comprehensive
medical care and social services to women (and their families) living with
HIV/AIDS; POSITIVE HEALTHCARE, the nation's first AIDS-specific managed care
plan (a recipient of a prestigious SPNS [Special Projects of National
Significance] grant from the federal government); AHF's Government Affairs
Department, serving as a strong advocate on HIV/AIDS issues on a local, state
and federal level; AHF's Research Division; and AHF's TREATMENT=LIFE Division
featuring the WEHO LOUNGE, the nation's first coffee house/HIV testing and
information center located in West Hollywood, CA.
Nicole Miller attended the Rhode Island School of Design and graduated
from Chambre Syndicate De La Couture in Paris. Throughout her fifteen-plus
years in business, Miller has built a successful business with 35 Boutiques
around the country as well as 5 in Japan and 15 licensees. Many regard her as
the designer who reinvented "the little black cocktail dress," others know her
as "the tie designer," while others recognize her for her signature red hair.
With four-year-old son Palmer, she also owns the title of working mom. With a
tireless verve and enthusiasm, Nicole Miller designs a new collection every
season. With a season not even over, Nicole is already fast forwarding into
the next year and beyond. "The only way to create new designs is to always
keep a watchful eye on everything going on in the world-from history to
Hollywood."
For ticket information, contact The California Fashion Industry Friends at
(310) 278-6276.
SOURCE Nicole Miller
-0- 11/10/2000
/CONTACT: Meredith Wollins for Nicole Miller, 212-655-7769; Katy Sweet &
Associates, 323-852-0772, for California Fashion Industry Friends of AIDS
Healthcare Foundation; or Marilyn Heston and Victoria Del Rico, both of
Marilyn Heston & Associates, 323-650-1455, for M-A-C and Nicole Miller, L.A./
CO: Nicole Miller; California Fashion Industry Friends of AIDS Healthcare
Foundation; AIDS Healthcare Foundation; M-A-C
ST: California
IN: TEX ENT
SU:
MW
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Allou Health & Beauty Care, Inc. Strong Showing for First Six Months
Posted Tuesday, November 14, 2000 - 15:57 by BeautyCare.com
Allou Health & Beauty Care, Inc. Strong Showing for First Six Months
of Fiscal 2001, Places the Company on Track for a Record Fiscal Year
BRENTWOOD, N.Y., Nov. 13 /PRNewswire/ -- Allou Health & Beauty Care, Inc.
(Amex: ALU), today reported results for the second quarter and six months
periods, ended September 30, 2000.
Revenues for the second quarter increased to $132.2 million from $101.0
million in the same period last year. Net income was $1,805,248 or 24 cents
per share versus $2,063,686 or 29 cents per share. The decrease in net income
reflects increased financing associated with increased inventory levels to
meet growing demand.
Net sales and earnings for the first six months of FY 2001 reached a
record $266.9 million, representing a 49 percent increase when compared to the
comparable period last year. The increased revenues resulted in a record net
income of $3,894,010 or 53 cents per share, representing increases of 15 and
16 percent, respectively when compared to the same period in the prior year.
David Shamilzadeh, president and chief financial officer, stated, "We are
extremely pleased to report our excellent financial performance for the first
six months, as they clearly reflect strength in all units of our operation.
We believe that the Company's potential for sustaining strong growth is
significant witnessed by the fact that our current fiscal year will be the
best in Allou's 39 year history."
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 Allou 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
Three Months Ended September 30,
2000 1999
Revenues $132,250,479 $101,011,666
Gross Profit 14,930,751 13,787,354
Net Income 1,805,248 2,063,686
Per Share Net Income $0.24 $0.29
Diluted Shares
Outstanding Including
Common Stock Equivalents 7,399,495 7,098,914
Six Months Ended September 30,
2000 1999
Revenues $266,915,133 $179,158,877
Gross Profit 30,973,404 24,628,485
Net Income 3,894,010 3,399,437
Per Share Net Income $0.53 $0.46
Diluted Shares
Outstanding Including
Common Stock Equivalents 7,398,908 7,333,912
SOURCE Allou Health & Beauty Care, Inc.
-0- 11/13/2000
/CONTACT: David Shamilzadeh, President and Chief Financial Officer of
Allou Health & Beauty Care, Inc., 631-787-1220, or franf@hbafrag.com/
(ALU)
CO: Allou Health & Beauty Care, Inc.
ST: New York
IN: MTC HOU FIN
SU: ERN
DD
-- NYM001 --
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IVenus.com joins forces with Bid.Com to launch new on-line shopping channel
Posted Tuesday, November 14, 2000 - 15:56 by BeautyCare.com
IVenus.com joins forces with Bid.Com to launch new
on-line shopping channel
iVenus.com's Shopping Channel includes on-line Auction with
guaranteed opening bids of pnds stlg 1.00
DUBLIN, Ireland, Nov. 13 /PRNewswire/ - iVenus.com, the popular web
network for women, has formed a strategic partnership with global dynamic
pricing solutions provider, Bid.Com International Inc. (NASDAQ: BIDS, TSE:
BII), to launch a new on-line Shopping Channel and Internet Auction which will
go live today (13 November) on the site, http://www.iVenus.com.
At the touch of a button, users can select items under a range of
categories including Fashion, Interiors, Beauty, Children, For Him and Sound &
Vision. All items are shown, complete with detailed descriptions supplied by
iVenus.com's own editorial team.
All transactions on the Shopping Channel are operated through Bank of
Ireland's Clickpay system which guarantees that all on-line payments are
secure and confidential.
Speaking about the partnership with Bid.Com, Mr. Peter McKenna, Chief
Executive Officer, iVenus.com, said: "Since its launch in May of this year,
iVenus.com has performed well in excess of initial expectations and is now one
of Ireland's top websites among women with an average of over 1.3 million page
impressions per month. The success to date, in terms of site traffic and page
impressions, represents an excellent opportunity for e-commerce and the
Shopping Channel is a major element of the site's future. Bid.Com is one of
the world's foremost dynamic pricing solutions companies and we are delighted
to have them on board."
Bid.Com has also been instrumental in setting up iVenus.com's new
Internet Auction which also goes live from today (13 November) on the Shopping
Channel. Jewellery, electrical items and gift hampers are just some of the
lots which will go under the hammer with a guaranteed opening bid of just pnds
stlg 1 on all items.
Mr. Jeff Lymburner, President and CEO of Bid.Com International Inc.,
said: "iVenus.com has quickly emerged as a comprehensive website that provides
users with a full range of information, products and services. We look forward
to working closely with iVenus.com and applying our four years of on-line
dynamic pricing experience."
About iVenus.com:
-----------------
Created as an interactive portal and comprising fifteen 'channels',
iVenus.com provides a forum for features on politics, current affairs, travel
and careers along with a number of other topics including fashion, beauty,
fitness, personal finance and technology.
About Bid.Com International Inc.:
---------------------------------
Founded in 1995, Bid.Com offers a comprehensive suite of on-line Dynamic
Pricing Solutions for business-to-business and business-to-consumer markets.
Bid.Com offers multiple online transaction methods, providing fixed price,
traditional auction, real-time declining price (Dutch) auction and reverse
auctions (Request for Quotation/Proposal (RFQ/RFP)) all within the same
package. Thanks to award-winning modular architecture, the Bid.Com system can
be integrated with virtually any business-to-business or consumer-based
application. A growing number of major online players have made Bid.Com their
online sales partner in sectors such as electronic media, travel, wireless
communications, automotive, heavy machinery, arts and culture, and retail.
Customers and partners include GE Capital, News International, Research In
Motion, Rogers New Media, CapGemini, ValueVision International Inc., and The
Art Vault.
Bid.Com has offices in Toronto (Ontario), Tampa (Florida), Sacramento
(California), Dublin (Ireland), and Melbourne (Australia). The company's
shares trade on both the NASDAQ National Market and the Toronto Stock Exchange
(NASDAQ: BIDS, TSE: BII).
To receive additional information on Bid.Com International Inc. please
visit http://www.bid.com
This news release may include comments that do not refer strictly to
historical results or actions and may be deemed to be forward-looking within
the meaning of the Safe Harbor provisions of the U.S. federal securities laws.
These include, among others, statements about expectations of future revenues,
cash flows, and cash requirements. Forward-looking statements are subject to
risks and uncertainties that may cause Bid.Com's ("the Company") results to
differ materially from expectations.
These risks include the Company's ability to further develop its business-
to-business and licensing businesses, the Company's ability to develop
appropriate strategic alliances and successful development and implementation
of technology, acceptance of the Company's products and services, competitive
factors, new products and technological changes, and other such risks as the
Company may identify and discuss from time to time, including those risks
disclosed in the Company's Form 20-F filed with the Securities and Exchange
Commission. Accordingly, there is no certainty that the Company's plans will
be achieved.
SOURCE Bid.Com International Inc.
-0- 11/13/2000
/CONTACT: At Bid.Com: Joe Racanelli, Director of
Marketing, Tel: (905) 672-7467 ext. 273, E-mail: jracanelli@bid.com; At
BenchMark Porter Novelli: Stacey Tessis, Tel: (416) 423-6605, E-mail:
stessis@bmporternovelli.com; At iVenus.Com: Ruth Curran, Tel: (011) 353 1
240 5300, E-mail: rcurran@ivenus.com; At WHPR: Orla Ryan/Emma Walls, Tel:
(011) 353 1 496 0244, E-mail: Emma.Walls@ogilvy.com/
(BII. BIDS)
CO: Bid.Com International Inc.; iVenus.com
ST:
IN: MLM
SU: JVN PDT
-30-
OP
-- TO055 --
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Latina Publications, LLC Receives Strategic Investment From Solera Capital LLC
Posted Tuesday, November 14, 2000 - 15:54 by BeautyCare.com
Latina Publications, LLC Receives Strategic Investment
From Solera Capital LLC
Investment Focuses on Importance of Hispanic Market and Opportunities
to Grow Latina Into Integrated Media Company
Latina Publications Changes Name to Latina Media Ventures
NEW YORK, Nov. 13 /PRNewswire/ -- Solera Capital, LLC, has made a
strategic investment in Latina Publications, LLC, publisher of Latina
Magazine. This investment will provide the company the means to build Latina
into an integrated media brand offering content for broadcast, online, and
other print media. The company is changing its name to Latina Media Ventures
to reflect the expanded focus of the business. Solera will have a significant
equity position in Latina, with Essence Communications and Latina management
continuing as important shareholders.
In early 2000, Advertising Age Magazine chose Latina Magazine, a bilingual
lifestyle publication dedicated to showcasing the wide interests and talents
of women of Hispanic origin in the U.S., as one of its Best Magazines of the
year. This year, the magazine's monthly circulation rose to over 200,000 with
nearly one million in total readers, and Latina's advertising has grown 70%
over 1999. The company also recently published its first book, Latina Beauty,
which arrived in stores in early October.
"Latina Media Ventures is poised to become a powerful integrated media
property in an important space," said Molly Ashby, chief executive officer of
Solera Capital. "It is a premier brand targeting a powerful affinity group.
The Hispanic population is young, rapidly growing, has significant buying
power, and is expected to become the largest minority group in the U.S. by the
year 2005. We look forward to working with Christy Haubegger, whose vision
and talent has enabled the publication to become an important force in the
Latin community, to bring Latina's distinctive voice to other media, so it can
continue to capture the spirit and power of this population."
"We are very pleased to be partnering with ESSENCE and its CEO, Edward
Lewis, with whom Christy launched the Latina brand five years ago and built it
into the success it is today," continued Ms. Ashby.
"In 1996, we introduced a publication designed to fill the void of
positive images of Hispanic women in the U.S.," said Christy Haubegger,
founder of Latina. "Since that time, Latina has evolved into more than a
magazine, providing a voice for Hispanic women. We are delighted to be
partnering with Solera who shares our vision to bring our business to the next
level. Solera means "cornerstone" in Spanish. Their investment experience,
focus, and commitment have been evident as we have developed this transaction
over the past year, and will be a cornerstone of our future success."
Edward Lewis, Chairman and CEO of Essence Communications Partners, said,
"Helping Christy take Latina from an idea she created eight years ago at
Stanford Law School to the fast-growing magazine it is today has been one of
my great personal satisfactions. Solera knows what it takes to drive an
entrepreneurial company to the next stage of its growth. I look forward to
continuing to be a part of the Latina family and to working with Christy and
Solera to help the company reach its full potential."
About Latina Media Ventures
Latina Media Ventures is the parent company of Latina Magazine, the first
bilingual lifestyle publication for Hispanic women in the United States.
Latina was launched in May 1996 and quickly became a leading magazine for this
fast-growing demographic segment. In October 2000, Latina teamed with
Hyperion (Disney) to launch Latina Beauty, the first comprehensive beauty
guide for Hispanic women. Adweek recently named Latina Magazine, a bilingual
lifestyle publication dedicated to showcasing the wide interest and talents of
women of Hispanic origins in the U.S., number three in its "10 Under 40" list
of America's hottest magazines. In 2000, the magazine's monthly circulation
rose to over 200,000 with nearly one million in total readers. Latina's
advertising in 2000 has grown 70% above the previous year.
Hispanics are the fastest-growing group in the United States, growing at a
rate seven times that of non-Hispanics. According to a recent U.S. Census
release, the Hispanic population grew by over 40% during the 1990's, reaching
nearly 32 million or about 11% of the entire United States population. By the
year 2050, Hispanics will make up nearly 25% of the population.
About Solera Capital
Solera Capital was established in 1999 with anchor investors Grove Street
Advisors for CalPERS and Chase Capital Partners. Solera makes private equity
investments in select sub-sectors of industries that are undergoing
transforming change. Solera employs a proactive, research-based approach and
capitalizes on a unique proprietary deal flow network to generate attractive
investment opportunities. These opportunities include both emerging growth
and buyout investments.
SOURCE Solera Capital, LLC
-0- 11/13/2000
/CONTACT: Dawn Dover, Hope Sidman, both of Kekst and Company,
212-521-4817, for Solera Capital; or Gabriele Reyes of Latina Media Ventures,
323-852-1525; or Letena Spriggs of Essence Communications Partners,
212-642-0660/
CO: Solera Capital, LLC; Latina Publications, LLC; Essence Communications
ST: New York
IN: FIN PUB
SU: HSP FNC
DD
-- NYM079 --
6814 11/13/2000 09:10 EST http://www.prnewswire.com
Comments (0)
American Society of Plastic Surgeons Spearheads Patient Safety Campaign
Posted Tuesday, November 14, 2000 - 15:51 by BeautyCare.com
American Society of Plastic Surgeons Spearheads Patient Safety Campaign
Task Force Emphasizes ASPS Members as 'Gold Standard' for Safety
ARLINGTON HEIGHTS, Ill., Nov. 14 /PRNewswire/ -- The American Society of
Plastic Surgeons (ASPS), has established a task force to promote safety in
office-based surgery facilities. Former ASPS President Ronald Iverson, MD, is
chair of the ASPS Task Force on Patient Safety in Office-based Surgery
Facilities.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000720/LOGO )
"This is the first comprehensive study of the issues surrounding
office-based surgical facilities," said Iverson. "The ASPS hopes to
conclusively demonstrate the benefits of choosing a board-certified plastic
surgeon who works in an accredited facility."
"Patient safety has always been of paramount importance to our members,"
said Walter Erhardt, Jr., MD, president of ASPS. "By creating a task force to
evaluate safety, the ASPS will continue its leadership position as the 'gold
standard' for safety in plastic surgery."
The ASPS task force will develop guidelines for the office-based surgery
setting and review current standards of accrediting organizations, state laws
and medical boards. It will also collect data for office-based surgery
safety. A preliminary report will be submitted to the ASPS Board of Directors
in February, 2001.
The ASPS patient safety initiative has been developed in conjunction with
the American Society for Aesthetic Plastic Surgery (ASAPS) and the American
Association for Accreditation of Ambulatory Surgery Facilities (AAAASF).
The ASPS last month voted to change its by-laws to require members who
perform surgery under anesthesia, other than minor local anesthesia and/or
minimal oral tranquilization, to do so in an accredited facility by July 1,
2002.
"The ASPS bylaw change was simply the right thing to do for our patients,"
said Dr. Erhardt. "It's a very positive step for our specialty, giving the
public peace of mind and confidence when they have surgery performed by a
board-certified plastic surgeon."
The ASPS reminds anyone considering plastic surgery that the most
important step in planning a procedure is choosing a qualified plastic
surgeon, as no surgical procedure is risk-free. To maximize safety:
-- Determine that the surgeon is certified by the American Board of
Plastic Surgery, the only board that certifies physicians in plastic
surgery of the face and all areas of the body. Board-certified plastic
surgeons have graduated from an accredited medical school and
completed five or more years of additional surgical residency
training;
-- Ensure that the surgical facility meets one of the following criteria:
accredited by a national or state recognized accrediting agency;
certified to participate in the Medicare program under Title XVIII;
licensed by the state in which the facility is located;
-- Ask the surgeon questions regarding the risks of the procedure, the
recovery period and his or her previous experience with the procedure.
ASPS, founded in 1931, is the largest plastic surgery organization in the
world. It represents physicians certified by the American Board of Plastic
Surgery (ABPS) or the Royal College of Physicians and Surgeons of Canada. To
find an ABPS-certified plastic surgeon in your area or to learn more about
cosmetic and reconstructive surgery, call the Plastic Surgery Information
Service at (888) 4-PLASTIC (475-2783) or visit http://www.plasticsurgery.org .
SOURCE American Society of Plastic Surgeons
-0- 11/14/2000
/CONTACT: Theresa M. Hill of the American Society of Plastic Surgeons,
847-228-3349, or email, tmh@plasticsurgery.org/
Photo Notes: /NewsCom: http://www.newscom.com/cgi-bin/prnh/20000720/LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467/
Web Site: /http://www.plasticsurgery.org /
CO: American Society of Plastic Surgeons
ST: Illinois
IN: HEA
SU:
MS-CM
-- CGTU007 --
8144 11/14/2000 08:03 EST http://www.prnewswire.com
Comments (4)
Tri-State Consumers to Spend, Spend, Spend a Merry Holiday Season
Posted Tuesday, November 14, 2000 - 15:51 by BeautyCare.com
Tri-State Consumers to Spend, Spend, Spend a Merry Holiday Season
According to Deloitte & Touche Mood Survey
NEW YORK, Nov. 14 /PRNewswire/ -- Despite reports of slowing economic
conditions, Deloitte & Touche LLP predict a 5.5 -- 6.5 percent rise in
consumer spending for the remainder of the year on GAF sales, consisting
mostly of general merchandise, apparel and home furnishings. The 15th Annual
Consumer and Retailer Mood Survey: Retail Holiday Outlook, conducted by
Deloitte & Touche in affiliation with the National Retail Federation (NRF)
reveals that 82 percent of consumers expect to spend more or the same as last
year. As a result, retailers can expect to record their tenth consecutive
holiday sales increase under the current economic climate.
Tri-State Comes Out Ahead For The Holidays
The first supplemental survey conducted of Tri-State consumers (residing
in New York City, New Jersey and Connecticut) reveals higher spending than
national averages in many categories. Results show that Tri-State consumers
share an optimistic outlook that the economy will continue to maintain its
current pace through 2001. They also reflect the general affluence and
sophistication of consumers throughout the Northeast region.
"Tri-State consumers are enjoying increased income and look forward to
spending a significant amount on top brands at traditional department stores,
specialty stores and large super stores," says Dan Miele, a Partner in
Deloitte & Touche's Tri-State Consumer Business practice. "Shoppers in the
region also indicate a strong appreciation for new fragrances, high quality
sales help and shopping atmosphere."
Consumers in the Tri-State area expect to spend an average of $1,246 each,
versus the $836 national average. They also plan on buying several gifts more
than the national average of 25; New Jersey residents alone will be buying an
average of 30 gifts. Another interesting finding shows that Tri-State
consumers have the highest fondness across the nation for shopping in
traditional department stores. Other shopping patterns are consistent with
higher income households looking for convenience and include strong
preferences for catalog and online shopping, as well as giving gift
certificates and cash.
Specific Categories In Which Tri-State Consumers Out-Spend National
Averages (% who will be buying items as gifts)
CATEGORY TRI-STATE NATIONAL
Cosmetics/fragrance 38% 30%
Computer related product 21% 17%
Jewelry 34% 29%
Spirits 31% 22%
Service (vacations, spas,
theater, etc.) 12% 9%
Gift Certificates; Money 53%; 45% 49%; 40%
Strong Shopping Preferences Among Tri-State Consumers
(%
